Kleinman Scott D sold $315K of HBAN

HighTower Advisors LLC significantly increased its stake in Huntington Bancshares (NASDAQ:HBAN) by acquiring 971,162 additional shares in the fourth quarter, bringing its total holdings to 1.37 million shares valued at approximately $23.8 million. This comes as Huntington Bancshares reported strong quarterly earnings, beating analyst expectations, and declared a quarterly dividend. Institutional investors hold a substantial portion of the company's stock, while insider transactions show mixed activity with both sales and purchases.

Newport Trust Company LLC slightly reduced its stake in Huntington Bancshares (HBAN) by 1.6% in the fourth quarter, though still holds over 10.45 million shares. Institutional ownership remains high at 80.72%, with mixed but generally positive analyst sentiment and an average price target of $20.05. The bank recently exceeded earnings expectations, reporting $0.37 per share against an anticipated $0.16, and declared a quarterly dividend of $0.155 per share, yielding 3.9%.

Handelsbanken Fonder AB has increased its stake in Huntington Bancshares Incorporated by 26.3% in the fourth quarter, now holding 485,507 shares valued at approximately $8.4 million. This comes as Huntington Bancshares reported better-than-expected quarterly earnings with an EPS of $0.37 and revenue of $2.59 billion, and declared a quarterly dividend of $0.155 per share, indicating a 3.9% yield. Analysts currently rate the stock as a "Moderate Buy" with an average price target of $20.05.

Huntington National Bank has awarded over 250 Mississippi educators, primarily from Jackson, Tupelo, and Lee County school districts, with a year-long professional development experience through its "Ignite the Classroom" initiative. This program, which includes training at the Ron Clark Academy in Atlanta, aims to strengthen instruction, transform classrooms, and improve student outcomes. It marks the first time Ignite the Classroom has been offered in these Mississippi markets and underscores Huntington's commitment to investing in community education.

Huntington Bancshares (Nasdaq: HBAN) will participate in the 2026 Sanford Bernstein Strategic Decisions Conference on May 28, 2026. Chairman, President, and CEO Steve Steinour will present at 4:30 PM ET to discuss business trends, financial performance, and strategic initiatives. A live audio webcast and replay will be available in the investor relations section of Huntington's website.

Huntington Bancshares reported Q1 earnings of $0.37 per share, surpassing estimates, driven by a focus on fee income, cost control, and exposure to U.S. credit conditions. The bank's business model, encompassing consumer banking, commercial lending, and payments, positions it as a barometer for the U.S. economy. While the earnings beat is positive, long-term resilience depends on managing funding costs and expanding noninterest income, especially through initiatives like joining the CHIPS payment network.