Huntington Bancshares, Inc (NASDAQ: HBAN) is -11.49% lower on its value in year-to-date trading and has touched a low of $11.91 and a high of $18.44 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HBAN stock was last observed hovering at around $14.55 in the last trading session, with the day’s loss setting it -0.15%.
Currently trading at $14.40, the stock is 4.83% and -2.77% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 17.64 million and changing -1.03% at the moment leaves the stock -6.93% off its SMA200. HBAN registered 5.65% gain for a year compared to 6-month loss of -7.34%. The firm has a 50-day simple moving average (SMA 50) of $14.811 and a 200-day simple moving average (SMA200) of $15.47275.
The stock witnessed a -5.64% gain in the last 1 month and extending the period to 3 months gives it a -16.28%, and is 5.34% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.82% over the week and 4.89% over the month.
Current P/E ratio is 11.08 and Fwd P/E is 9.13. Profit margin for the company is 16.00%. Distance from 52-week low is 20.86% and -21.93% from its 52-week high. The company has generated returns on investments over the last 12 months (4.98%).
with sales reaching $1.97B over the same period.The EPS is expected to grow by 16.83% this year, but quarterly earnings will post 7.26% year-over-year. Quarterly sales are estimated to grow 9.06% in year-over-year returns.
Huntington Bancshares, Inc (HBAN) Top Institutional Holders
1288.0 institutions hold shares in Huntington Bancshares, Inc (HBAN), with institutional investors hold 88.13% of the company’s shares. The shares outstanding are 1.46B, and float is at 1.44B with Short Float at 3.72%. Institutions hold 87.31% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 171.75 million shares valued at $2.26 billion. The investor’s holdings represent 11.8352% of the HBAN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 130.34 million shares valued at $1.72 billion to account for 8.9815 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 92.39 million shares representing 6.3663% and valued at over $1.22 billion, while STATE STREET CORP holds 4.9637 of the shares totaling 72.03 million with a market value of $960.36 million.
Huntington Bancshares, Inc (HBAN) Insider Activity
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Huntington Bancshares, Inc disclosed in a document filed with the SEC on Apr 22 ’25 that Standridge Brantley J (Senior Exec. V.P.) sold a total of 70,417 shares of the company’s common stock. The trade occurred on Apr 22 ’25 and was made at $13.69 per share for $0.96 million. Following the transaction, the insider now directly holds 0.33 million shares of the HBAN stock.
Still, SEC filings show that on Apr 22 ’25, Kowalski Kendall A (Chief Information Officer) disposed off 25,419 shares at an average price of $13.68 for $0.35 million. The insider now directly holds 70,281 shares of Huntington Bancshares, Inc (HBAN).
