Huntington Bancshares (HBAN)

• Market cap: $25B
• 1 day: -0.12%
• 5 days: 0.70%
• 1 month: 4.88%
• 3 months: 8.94%
• 6 months: 14.38%
• Year to date: 5.79%
• 1 year: 30.85%
• 5 years: 27.35%
• 10 years: 71.29%
• 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 first-time investments, than exits

New positions opened: 96 | Existing positions closed: 82

17% more funds holding in top 10

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

8% more capital invested

Capital invested by funds: $16.6B [Q2] → $17.9B (+$1.26B) [Q3]

0% more funds holding

Funds holding: 907 [Q2] → 909 (+2) [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

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

• Low target: $17 1% downside
• Avg. target: $19.41 13% upside
• High target: $21 22% upside

11 analyst ratings

• positive: 7 64%
• neutral: 3 27%
• negative: 1 9%

Piper Sandler Scott Siefers 67% 1-year accuracy 18 / 27 met price target	1% downside $17	Underweight Maintained	21 Jan 2025
Stephens & Co. Terry McEvoy 72% 1-year accuracy 21 / 29 met price target	8% upside $18.50	Equal-Weight Reiterated	21 Jan 2025
RBC Capital Karl Shepard 80% 1-year accuracy 4 / 5 met price target	16% upside $20	Outperform Reiterated	21 Jan 2025
Truist Securities Brian Foran 73% 1-year accuracy 8 / 11 met price target	22% upside $21	Buy Maintained	21 Jan 2025
Barclays Jason Goldberg 77% 1-year accuracy 43 / 56 met price target	11% upside $19	Equal-Weight Maintained	6 Jan 2025