Morgan Stanley Lowers Huntington Bancshares (NASDAQ:HBAN) Price Target to $20.00

Huntington Bancshares (NASDAQ:HBAN) had its target price dropped by equities researchers at Morgan Stanley from $21.00 to $20.00 in a report released on Friday,MarketScreener reports. The brokerage presently has an “overweight” rating on the bank’s stock. Morgan Stanley’s price objective suggests a potential upside of 21.95% from the stock’s current price.

Other equities research analysts also recently issued research reports about the stock. UBS Group set a $21.00 price objective on shares of Huntington Bancshares in a research report on Wednesday, February 4th. Piper Sandler raised shares of Huntington Bancshares from a “strong sell” rating to a “hold” rating and set a $18.00 target price for the company in a research note on Thursday. Wolfe Research lowered their target price on Huntington Bancshares from $21.00 to $19.00 and set an “outperform” rating for the company in a report on Wednesday, April 1st. Weiss Ratings reissued a “buy (b-)” rating on shares of Huntington Bancshares in a research note on Thursday, January 22nd. Finally, Jefferies Financial Group cut their price target on Huntington Bancshares from $22.00 to $21.00 and set a “buy” rating on the stock in a report on Thursday, March 5th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $20.08.

Huntington Bancshares Price Performance

Shares of HBAN opened at $16.40 on Friday. The stock has a 50 day simple moving average of $16.31 and a 200 day simple moving average of $16.71. Huntington Bancshares has a 52-week low of $14.19 and a 52-week high of $19.45. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.92 and a current ratio of 0.93. The firm has a market capitalization of $33.41 billion, a PE ratio of 12.62, a P/E/G ratio of 0.73 and a beta of 0.95.

Huntington Bancshares (NASDAQ:HBAN) last announced its earnings results on Thursday, April 23rd. The bank reported $0.37 EPS for the quarter, topping the consensus estimate of $0.16 by $0.21. Huntington Bancshares had a net margin of 16.63% and a return on equity of 11.42%. The firm had revenue of $2.59 billion for the quarter, compared to the consensus estimate of $2.57 billion. During the same period last year, the company posted $0.34 EPS. Sell-side analysts predict that Huntington Bancshares will post 1.61 EPS for the current fiscal year.

Insiders Place Their Bets

In other Huntington Bancshares news, Director James D. Rollins III purchased 6,873 shares of the stock in a transaction on Friday, February 27th. The shares were purchased at an average cost of $23.27 per share, for a total transaction of $159,934.71. Following the purchase, the director owned 4,000 shares of the company’s stock, valued at approximately $93,080. This represents a -239.23% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Scott D. Kleinman sold 65,530 shares of the business’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $15.28, for a total transaction of $1,001,298.40. Following the sale, the vice president directly owned 481,676 shares in the company, valued at $7,360,009.28. This trade represents a 11.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have purchased 27,700 shares of company stock valued at $540,401 and have sold 98,986 shares valued at $1,600,958. 0.67% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Keybank National Association OH grew its stake in Huntington Bancshares by 8.4% in the first quarter. Keybank National Association OH now owns 151,635 shares of the bank’s stock valued at $2,373,000 after purchasing an additional 11,729 shares in the last quarter. RKL Wealth Management LLC bought a new stake in shares of Huntington Bancshares during the 1st quarter worth approximately $168,000. Argent Advisors Inc. raised its stake in shares of Huntington Bancshares by 197.4% during the 1st quarter. Argent Advisors Inc. now owns 54,993 shares of the bank’s stock worth $861,000 after purchasing an additional 36,503 shares in the last quarter. USS Investment Management Ltd boosted its holdings in shares of Huntington Bancshares by 3.6% in the 1st quarter. USS Investment Management Ltd now owns 250,575 shares of the bank’s stock valued at $3,920,000 after buying an additional 8,745 shares during the last quarter. Finally, IFM Investors Pty Ltd grew its stake in shares of Huntington Bancshares by 46.4% in the first quarter. IFM Investors Pty Ltd now owns 411,736 shares of the bank’s stock valued at $6,444,000 after buying an additional 130,465 shares in the last quarter. 80.72% of the stock is owned by institutional investors and hedge funds.

More Huntington Bancshares News

Here are the key news stories impacting Huntington Bancshares this week:

• Positive Sentiment: Q1 results beat expectations: HBAN reported adjusted EPS of $0.37 and revenue roughly in line with estimates, driven by higher net interest income and fee income — a clear near-term earnings positive. Huntington Bancshares Incorporated Reports 2026 First-Quarter Earnings
• Positive Sentiment: Dividend maintained and declared: Board approved a quarterly dividend (0.155/share) supporting yield (~3.8%), which tends to underpin investor confidence in payout sustainability. Huntington Bancshares Maintains Quarterly Common and Preferred Dividends
• Positive Sentiment: Strategic focus on AI led from the CFO — management highlights AI initiatives and digital strategy as drivers of efficiency and growth, a medium-term positive for margins and competitive positioning. At Huntington Bancshares, the CFO is also the AI strategist
• Positive Sentiment: Analyst momentum: Piper upgraded HBAN to Neutral citing increasing positives, which may attract some buyers. Huntington Bancshares upgraded to Neutral at Piper
• Neutral Sentiment: FY2027 guidance in line with consensus: Company set EPS guidance of $1.900–1.930, essentially matching street estimates — removes surprise upside but reduces downside risk from guidance revisions.
• Neutral Sentiment: Shareholder vote reaffirmed board/governance direction at the annual meeting, providing governance stability but limited immediate market impact. Huntington Bancshares Shareholders Reaffirm Board and Governance Direction
• Neutral Sentiment: Short-interest report is effectively zero/garbled for April 24 (data shows 0 shares), so there’s no meaningful short squeeze dynamic to amplify moves today.
• Negative Sentiment: Morgan Stanley trimmed its price target from $21 to $20 (still Overweight) — a downward revision to analyst upside that can pressure the stock and feeds into today’s selling. Morgan Stanley trims price target on Huntington Bancshares to $20 from $21

Huntington Bancshares Company Profile

Huntington Bancshares Incorporated (NASDAQ: HBAN) is a bank holding company headquartered in Columbus, Ohio, that provides a broad range of banking and financial services through its principal subsidiary, Huntington National Bank. The company’s operations are centered on retail and commercial banking, and it serves individual consumers, small and middle-market businesses, and institutional customers.

Huntington’s product offerings include traditional deposit and lending products, consumer and commercial loans, mortgage origination and servicing, auto financing, and business banking solutions.