Hancock Whitney Corporation $HWC Shares Newly Bought by Keybank National Association OH

Keybank National Association OH bought a new position in Hancock Whitney Corporation (NASDAQ:HWC) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 60,318 shares of the company’s stock, valued at approximately $4,345,000. Keybank National Association OH owned about 0.08% of Hancock Whitney as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of Hancock Whitney during the 2nd quarter worth $814,839,000. Bank of New York Mellon Corp acquired a new position in Hancock Whitney in the 2nd quarter valued at $55,605,000. Bank of America Corp DE acquired a new position in Hancock Whitney in the 2nd quarter valued at $52,973,000. The Manufacturers Life Insurance Company bought a new position in Hancock Whitney in the 2nd quarter worth $40,112,000. Finally, William Blair Investment Management LLC acquired a new position in Hancock Whitney during the 2nd quarter worth $33,393,000. 81.22% of the stock is currently owned by institutional investors and hedge funds.

Top Hancock Whitney Stories

Here are a few of the latest stories about HWC:

• Neutral Sentiment: Hancock Whitney agreed to acquire Trustmark Corporation in an approximately $3.2 billion all-stock deal. The transaction could expand the company’s scale, but its ultimate effect on shareholder value will depend on the terms, execution, and benefits of combining the banks. Hancock Whitney to buy Trustmark in $3.2B deal
• Negative Sentiment: Shareholder-rights law firm Halper Sadeh said it is investigating whether Hancock Whitney is obtaining a fair price for shareholders. The announcement is an inquiry, not a finding of wrongdoing, but it may add uncertainty around the transaction. HWC Stock Alert: Halper Sadeh LLC is Investigating Whether Hancock Whitney Corporation is Obtaining a Fair Price for its Shareholders
• Negative Sentiment: Zacks Research lowered several quarterly and annual earnings estimates, including its FY2027 forecast to $7.12 per share from $7.22 and FY2028 to $7.68 from $7.72. The firm maintained a Hold rating; these modest cuts may weigh on sentiment, though the estimates predate the acquisition announcement. Zacks Research earnings estimate updates

Hancock Whitney Stock Performance

NASDAQ:HWC opened at $65.00 on Friday. The firm’s 50-day moving average is $73.09 and its 200-day moving average is $71.04. Hancock Whitney Corporation has a 52-week low of $55.76 and a 52-week high of $80.13. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.80 and a current ratio of 0.82. The company has a market cap of $5.17 billion, a price-to-earnings ratio of 13.08 and a beta of 0.98.

Hancock Whitney (NASDAQ:HWC) last released its earnings results on Tuesday, October 20th. The company reported $1.66 earnings per share for the quarter, meeting the consensus estimate of $1.66. Hancock Whitney had a net margin of 20.51% and a return on equity of 11.65%. The business had revenue of $421.91 million during the quarter, compared to analysts’ expectations of $421.75 million. During the same quarter last year, the company earned $1.49 earnings per share. Equities research analysts anticipate that Hancock Whitney Corporation will post 6.42 earnings per share for the current year.

Hancock Whitney Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Friday, December 4th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Friday, December 4th. This represents a $2.00 annualized dividend and a yield of 3.1%. Hancock Whitney’s dividend payout ratio is 40.24%.

Analysts Set New Price Targets

Several brokerages recently weighed in on HWC. Stephens decreased their target price on Hancock Whitney from $86.00 to $85.00 and set an “overweight” rating for the company in a research note on Wednesday, July 22nd. Keefe, Bruyette & Woods lowered their target price on Hancock Whitney from $80.00 to $79.00 and set a “market perform” rating on the stock in a report on Wednesday, October 21st. Weiss Ratings raised Hancock Whitney from a “hold (c+)” rating to a “buy (b)” rating in a research report on Friday, August 21st. Wall Street Zen upgraded Hancock Whitney from a “sell” rating to a “hold” rating in a report on Saturday, August 15th. Finally, Citigroup cut their price target on Hancock Whitney from $87.00 to $86.00 and set a “buy” rating for the company in a report on Tuesday, September 22nd. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $84.56.

Insider Buying and Selling

In other Hancock Whitney news, insider Emory L. Mayfield, Jr. sold 4,990 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $76.40, for a total value of $381,236.00. Following the completion of the sale, the insider owned 15,565 shares in the company, valued at approximately $1,189,166. This trade represents a 24.28% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.92% of the stock is currently owned by company insiders.

Hancock Whitney Company Profile

Hancock Whitney is a bank holding company headquartered in Gulfport, Mississippi, whose principal subsidiary is Hancock Whitney Bank. The company provides personal and business banking services, including deposit accounts, loans, treasury management, mortgage lending, and online and mobile banking. It also offers wealth management, trust, and investment services. The bank serves customers across the Gulf South, with operations in Mississippi, Louisiana, Alabama, Florida, and Texas. Its history includes roots in Hancock County Bank, founded in Bay St. Louis, Mississippi, in 1899, and Whitney National Bank, established in New Orleans in 1883.