Huntington Bancshares (NASDAQ:HBAN) Research Coverage Started at TD Cowen

Posted by George Bondi on Oct 11th, 2026

TD Cowen began coverage on shares of Huntington Bancshares (NASDAQ:HBAN – Free Report) in a research note issued to investors on Thursday, MarketBeat Ratings reports. The firm issued a buy rating and a $18.00 price target on the bank’s stock.

Other equities analysts have also issued research reports about the stock. Jefferies Financial Group lowered their price target on shares of Huntington Bancshares from $18.00 to $17.00 and set a “hold” rating for the company in a research report on Thursday, September 24th. Morgan Stanley reiterated an “equal weight” rating and issued a $19.00 price objective (down from $21.00) on shares of Huntington Bancshares in a research report on Friday, July 24th. JPMorgan Chase & Co. reduced their target price on shares of Huntington Bancshares from $19.50 to $17.50 and set an “overweight” rating for the company in a research note on Friday, October 2nd. Bank of America restated a “neutral” rating and issued a $18.50 target price (down from $20.00) on shares of Huntington Bancshares in a research report on Monday, July 27th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Huntington Bancshares in a research note on Friday, October 2nd. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Huntington Bancshares has an average rating of “Moderate Buy” and an average price target of $19.19.

Check Out Our Latest Stock Analysis on HBAN

Huntington Bancshares Stock Down 0.3%

Shares of Huntington Bancshares stock opened at $15.32 on Thursday. The stock has a market capitalization of $30.95 billion, a price-to-earnings ratio of 11.88, a PEG ratio of 0.97 and a beta of 0.95. Huntington Bancshares has a twelve month low of $14.82 and a twelve month high of $19.45. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 0.63. The business’s 50 day simple moving average is $16.56 and its 200-day simple moving average is $16.66.

Huntington Bancshares (NASDAQ:HBAN – Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The bank reported $0.39 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.39. Huntington Bancshares had a return on equity of 11.19% and a net margin of 16.64%. The business had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.84 billion. During the same quarter in the previous year, the firm posted $0.34 EPS. Huntington Bancshares has set its FY 2026 guidance at 1.900-1.930 EPS. Equities research analysts forecast that Huntington Bancshares will post 1.54 earnings per share for the current year.

Huntington Bancshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 17th were issued a $0.1550 dividend. The ex-dividend date was Thursday, September 17th. This represents a $0.62 annualized dividend and a dividend yield of 4.0%. Huntington Bancshares’s dividend payout ratio is 48.06%.

Insiders Place Their Bets

In related news, insider Kendall Kowalski sold 27,971 shares of the firm’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $17.20, for a total transaction of $481,101.20. Following the completion of the transaction, the insider owned 70,025 shares of the company’s stock, valued at $1,204,430. This trade represents a 28.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.67% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Huntington Bancshares

A number of institutional investors and hedge funds have recently bought and sold shares of HBAN. Values First Advisors Inc. boosted its stake in shares of Huntington Bancshares by 3.0% in the 1st quarter. Values First Advisors Inc. now owns 20,564 shares of the bank’s stock valued at $322,000 after purchasing an additional 604 shares during the last quarter. Henrickson Nauta Wealth Advisors Inc. raised its stake in shares of Huntington Bancshares by 6.1% during the second quarter. Henrickson Nauta Wealth Advisors Inc. now owns 10,613 shares of the bank’s stock worth $190,000 after buying an additional 608 shares during the last quarter. Vestor Capital LLC raised its stake in shares of Huntington Bancshares by 13.0% during the first quarter. Vestor Capital LLC now owns 5,636 shares of the bank’s stock worth $88,000 after buying an additional 648 shares during the last quarter. Balboa Wealth Partners lifted its holdings in Huntington Bancshares by 2.5% in the first quarter. Balboa Wealth Partners now owns 27,042 shares of the bank’s stock valued at $423,000 after buying an additional 662 shares during the period. Finally, Rehmann Capital Advisory Group boosted its stake in Huntington Bancshares by 5.9% in the second quarter. Rehmann Capital Advisory Group now owns 12,151 shares of the bank’s stock valued at $215,000 after acquiring an additional 679 shares during the last quarter. 80.72% of the stock is owned by institutional investors and hedge funds.

Huntington Bancshares Company Profile

(Get Free Report)

Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio. Its principal subsidiary, The Huntington National Bank, provides consumer, small-business and commercial banking services through branch offices, digital banking channels and automated teller machines.

The company offers deposit accounts, residential and commercial mortgages, home equity lending, auto loans, personal lending, credit cards and other consumer financial products. Its business banking operations provide lending, treasury management, payment processing and capital markets services, while its wealth management and insurance businesses serve individuals, families and institutions.

Founded in 1866, Huntington has developed a banking franchise across the Midwest, with a presence in states including Ohio, Michigan, Pennsylvania, Indiana, West Virginia, Kentucky, Illinois and Wisconsin.