Huntington Bancshares (HBAN)

• Market cap: $23.6B
• 1 day: 1.25%
• 5 days: -2.64%
• 1 month: -5.53%
• 3 months: 4.51%
• 6 months: 18.14%
• Year to date: -0.12%
• 1 year: 32.41%
• 5 years: 12.17%
• 10 years: 62.53%
• Sector: Financials
• Industry: National Commercial Banks

About: Huntington is a regional us bank with around $200 billion in assets (as of September 2024) and has a large presence, particularly in the Midwestern market. It offers a full suite of consumer deposit and lending services, along with commercial services focused on payments, investment management, capital markets, equipment financing, treasury management, and other common banking services.

Employees: 20,043

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

90% more call options, than puts

Call options by funds: $70.8M | Put options by funds: $37.2M

17% more funds holding in top 10

Funds holding in top 10: 6 [Q2] → 7 (+1) [Q3]

16% more first-time investments, than exits

New positions opened: 95 | Existing positions closed: 82

8% more capital invested

Capital invested by funds: $16.6B [Q2] → $17.9B (+$1.27B) [Q3]

0% more funds holding

Funds holding: 907 [Q2] → 908 (+1) [Q3]

8% less repeat investments, than reductions

Existing positions increased: 318 | Existing positions reduced: 347

3.29% less ownership

Funds ownership: 86.89% [Q2] → 83.6% (-3.29%) [Q3]

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $17.50 8% upside
• Avg. target: $19.10 18% upside
• High target: $21 29% upside

10 analyst ratings

• positive: 7 70%
• neutral: 2 20%
• negative: 1 10%

Truist Securities Brian Foran 0% 1-year accuracy 0 / 6 met price target	17% upside $19	Buy Initiated	7 Jan 2025
Barclays Jason Goldberg 65% 1-year accuracy 32 / 49 met price target	17% upside $19	Equal-Weight Maintained	6 Jan 2025
RBC Capital Jon Arfstrom 85% 1-year accuracy 46 / 54 met price target	23% upside $20	Outperform Reiterated	23 Dec 2024
Keefe, Bruyette & Woods David Konrad 64% 1-year accuracy 18 / 28 met price target	17% upside $19	Market Perform Maintained	4 Dec 2024
JP Morgan Andrew Dietrich 0% 1-year accuracy 0 / 1 met price target	23% upside $20	Overweight Assumed	4 Dec 2024