Wedbush Comments on Huntington Bancshares Incorporated’s FY2026 Earnings (NASDAQ:HBAN)

Huntington Bancshares Incorporated (NASDAQ:HBAN) – Research analysts at Wedbush issued their FY2026 EPS estimates for Huntington Bancshares in a report released on Tuesday, September 24th. Wedbush analyst D. Chiaverini expects that the bank will post earnings per share of $1.50 for the year. The consensus estimate for Huntington Bancshares’ current full-year earnings is $1.19 per share.

Huntington Bancshares (NASDAQ:HBAN) last posted its quarterly earnings data on Friday, July 19th. The bank reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.02. Huntington Bancshares had a return on equity of 11.34% and a net margin of 14.77%. The business had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the prior year, the company earned $0.35 earnings per share.

A number of other research analysts have also recently weighed in on the stock. Evercore ISI dropped their price objective on shares of Huntington Bancshares from $16.50 to $15.00 and set an “outperform” rating for the company in a research note on Tuesday, June 25th. Argus upped their price objective on Huntington Bancshares from $15.00 to $16.00 and gave the company a “buy” rating in a research report on Monday, July 22nd. StockNews.com downgraded shares of Huntington Bancshares from a “hold” rating to a “sell” rating in a research note on Monday, September 2nd. Piper Sandler lifted their price target on shares of Huntington Bancshares from $11.50 to $13.50 and gave the stock an “underweight” rating in a report on Monday, July 22nd. Finally, Robert W. Baird downgraded shares of Huntington Bancshares from an “outperform” rating to a “neutral” rating and set a $15.00 price objective on the stock. in a research note on Friday, July 26th. Two research analysts have rated the stock with a sell rating, six have given a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $15.59.

Huntington Bancshares Stock Performance

NASDAQ:HBAN opened at $14.56 on Wednesday. The company has a quick ratio of 0.88, a current ratio of 0.89 and a debt-to-equity ratio of 0.96. Huntington Bancshares has a fifty-two week low of $9.25 and a fifty-two week high of $15.24. The firm’s fifty day simple moving average is $14.39 and its 200-day simple moving average is $13.76. The stock has a market cap of $21.15 billion, a PE ratio of 13.12, a price-to-earnings-growth ratio of 3.07 and a beta of 1.05.

Hedge Funds Weigh In On Huntington Bancshares

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Future Financial Wealth Managment LLC bought a new stake in shares of Huntington Bancshares during the first quarter valued at about $29,000. YHB Investment Advisors Inc. bought a new stake in Huntington Bancshares during the first quarter valued at $30,000. Hazlett Burt & Watson Inc. grew its position in Huntington Bancshares by 695.5% during the second quarter. Hazlett Burt & Watson Inc. now owns 2,291 shares of the bank’s stock worth $30,000 after buying an additional 2,003 shares in the last quarter. Register Financial Advisors LLC bought a new position in Huntington Bancshares in the 1st quarter worth about $40,000. Finally, ORG Partners LLC raised its holdings in shares of Huntington Bancshares by 354.9% in the 2nd quarter. ORG Partners LLC now owns 3,325 shares of the bank’s stock valued at $44,000 after acquiring an additional 2,594 shares in the last quarter. Institutional investors own 80.72% of the company’s stock.

Insider Buying and Selling

In related news, VP Nancy E. Maloney sold 57,537 shares of Huntington Bancshares stock in a transaction that occurred on Tuesday, July 23rd. The shares were sold at an average price of $15.15, for a total transaction of $871,685.55. Following the sale, the vice president now directly owns 69,595 shares in the company, valued at approximately $1,054,364.25. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other Huntington Bancshares news, VP Nancy E. Maloney sold 57,537 shares of the firm’s stock in a transaction that occurred on Tuesday, July 23rd. The stock was sold at an average price of $15.15, for a total value of $871,685.55. Following the completion of the sale, the vice president now owns 69,595 shares of the company’s stock, valued at $1,054,364.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Brendan A. Lawlor sold 9,050 shares of the company’s stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $15.06, for a total transaction of $136,293.00. Following the completion of the sale, the vice president now owns 11,111 shares in the company, valued at approximately $167,331.66. The disclosure for this sale can be found here. Insiders sold a total of 116,622 shares of company stock worth $1,762,904 in the last three months. 0.89% of the stock is owned by corporate insiders.

Huntington Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Tuesday, September 17th will be paid a $0.155 dividend. The ex-dividend date is Tuesday, September 17th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 4.26%. Huntington Bancshares’s payout ratio is currently 55.86%.

About Huntington Bancshares

Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, insurance, and other financial products and services.