Stoneridge Investment Partners LLC Acquires Shares of 105,211 Huntington Bancshares Incorporated $HBAN

Stoneridge Investment Partners LLC bought a new position in shares of Huntington Bancshares Incorporated (NASDAQ:HBAN) during the 3rd quarter, Holdings Channel.com reports. The fund bought 105,211 shares of the bank’s stock, valued at approximately $1,817,000. Huntington Bancshares accounts for 1.2% of Stoneridge Investment Partners LLC’s holdings, making the stock its 26th largest holding.

Several other hedge funds have also modified their holdings of HBAN. Vanguard Personalized Indexing Management LLC grew its stake in shares of Huntington Bancshares by 26.4% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 167,515 shares of the bank’s stock worth $2,808,000 after purchasing an additional 35,014 shares during the period. FineMark National Bank & Trust boosted its holdings in Huntington Bancshares by 59.2% during the second quarter. FineMark National Bank & Trust now owns 175,144 shares of the bank’s stock worth $2,935,000 after buying an additional 65,144 shares in the last quarter. Campbell & CO Investment Adviser LLC acquired a new position in Huntington Bancshares during the third quarter worth about $3,746,000. Commerzbank Aktiengesellschaft FI increased its holdings in Huntington Bancshares by 43.4% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 94,979 shares of the bank’s stock valued at $1,592,000 after buying an additional 28,739 shares in the last quarter. Finally, Shoker Investment Counsel Inc. increased its holdings in Huntington Bancshares by 1,706.3% in the second quarter. Shoker Investment Counsel Inc. now owns 200,566 shares of the bank’s stock valued at $3,361,000 after buying an additional 189,462 shares in the last quarter. 80.72% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Huntington Bancshares news, Director John C. Inglis acquired 6,506 shares of the firm’s stock in a transaction dated Tuesday, November 4th. The shares were acquired at an average price of $15.30 per share, for a total transaction of $99,541.80. Following the completion of the acquisition, the director directly owned 89,831 shares of the company’s stock, valued at $1,374,414.30. This trade represents a 7.81% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Amit Dhingra sold 10,000 shares of the company’s stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $18.50, for a total value of $185,000.00. Following the completion of the transaction, the insider owned 155,634 shares of the company’s stock, valued at $2,879,229. The trade was a 6.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 97,863 shares of company stock valued at $1,581,634 in the last 90 days. Insiders own 0.89% of the company’s stock.

More Huntington Bancshares News

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

• Positive Sentiment: Board keeps quarterly common dividend at $0.155 (annualized yield ~3.5%), signaling capital stability and supporting income investors. PR Newswire: Dividend Declaration
• Positive Sentiment: Morgan Stanley cut its price target to $21 but kept an “overweight” rating — implying ~21% upside from current levels and institutional confidence in longer-term upside. TickerReport: Morgan Stanley PT
• Positive Sentiment: Management emphasizes continued organic and digital growth, including opening branches nearly every two weeks as part of expansion into the South — a growth narrative that can support revenue/margin expansion over time. Fortune: Growth Strategy
• Positive Sentiment: Media and commentator support (e.g., Jim Cramer) highlights confidence in the franchise and long-term prospects, which can help sentiment among retail investors. Yahoo Finance: Jim Cramer
• Neutral Sentiment: Huntington is preparing a debt offering ahead of the Cadence Bank merger — a routine financing step for M&A but one to watch for size/terms that could affect leverage and funding cost. TipRanks: Debt Offering
• Neutral Sentiment: Keefe, Bruyette & Woods trimmed its price target to $19.50 and moved to “market perform” — a modest adjustment that still implies upside but signals more cautious expectations. Benzinga: KBW PT
• Negative Sentiment: Q4 results missed consensus: reported $0.37 EPS vs. ~$0.40 expected, revenue slightly below estimates, and a notable year-over-year rise in expenses/credit provisions — the primary catalyst for intraday weakness. MarketBeat: Q4 Results
• Negative Sentiment: Piper Sandler raised its target to $17 but kept an “underweight” rating, and that stance plus the earnings miss reinforces bearish analyst positioning for near-term performance. MarketScreener: Piper Sandler PT

Huntington Bancshares Stock Down 1.5%

HBAN opened at $17.38 on Friday. The firm has a market cap of $27.36 billion, a P/E ratio of 12.50, a PEG ratio of 0.65 and a beta of 0.95. The business’s fifty day simple moving average is $17.28 and its 200 day simple moving average is $16.88. Huntington Bancshares Incorporated has a 52 week low of $11.91 and a 52 week high of $18.91. The company has a quick ratio of 0.91, a current ratio of 0.93 and a debt-to-equity ratio of 0.80.

Huntington Bancshares (NASDAQ:HBAN) last announced its earnings results on Thursday, January 22nd. The bank reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.03). Huntington Bancshares had a net margin of 17.71% and a return on equity of 11.98%. The firm had revenue of $2.19 billion during the quarter, compared to analyst estimates of $2.21 billion. During the same period in the previous year, the firm posted $0.34 EPS. As a group, equities research analysts anticipate that Huntington Bancshares Incorporated will post 1.39 EPS for the current fiscal year.

Huntington Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Wednesday, March 18th will be paid a dividend of $0.155 per share. The ex-dividend date of this dividend is Wednesday, March 18th. This represents a $0.62 annualized dividend and a dividend yield of 3.6%. Huntington Bancshares’s dividend payout ratio is presently 44.60%.

Wall Street Analyst Weigh In

HBAN has been the topic of several research analyst reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Huntington Bancshares in a research note on Thursday. Deutsche Bank Aktiengesellschaft lifted their price objective on Huntington Bancshares from $20.00 to $21.00 and gave the stock a “buy” rating in a report on Tuesday, September 30th. Zacks Research lowered Huntington Bancshares from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 2nd. Wall Street Zen downgraded Huntington Bancshares from a “hold” rating to a “sell” rating in a research note on Saturday, November 15th. Finally, Barclays increased their price objective on shares of Huntington Bancshares from $19.00 to $20.00 and gave the company an “equal weight” rating in a research note on Monday, January 5th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, four have given a Hold rating and one has issued 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 $20.05.

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.