DA Davidson Reaffirms Buy Rating for Huntington Bancshares HBAN
DA Davidson has reaffirmed its Buy rating for Huntington Bancshares (HBAN), signaling potential growth in the company’s stock value. This recommendation was maintained as of October 28, 2025. Analysts suggest a 30.63% price increase based on forecasts for the upcoming year.
Price Targets and Market Predictions
As of September 30, 2025, the average one-year price target for Huntington Bancshares stands at $20.29 per share. Forecasts vary, with estimates ranging from a low of $16.16 to a high of $24.15. This target indicates a significant increase from the latest closing price of $15.53 per share.
Projected Financial Growth
Huntington Bancshares is projected to achieve an annual revenue of approximately $8.24 billion, reflecting a growth rate of 10.19%. Furthermore, the anticipated non-GAAP earnings per share (EPS) is expected to rise to $2.05, marking a 16.57% increase compared to previous estimates.
Institutional Investment Trends
A total of 1,771 funds are reporting their positions in Huntington Bancshares. This marks a slight increase of 28 funds, or 1.61%, over the last quarter. The average portfolio weight of these funds in HBAN is 0.20%, which has seen a rise of 1.62% lately.
Institutional Ownership Statistics
- Price T Rowe Associates: Holds 64,849K shares (4.44% ownership), decreased by 10.15% in the previous quarter.
- Boston Partners: Holds 60,939K shares (4.18% ownership), increased holdings by 7.55% over the last quarter.
- Invesco: Holds 58,202K shares (3.99% ownership), significantly decreased portfolio allocation by 91.35%.
- Vanguard Total Stock Market Index Fund: Holds 46,805K shares (3.21% ownership), increased by 1.59% over the last quarter.
- Vanguard 500 Index Fund: Holds 41,352K shares (2.83% ownership), increased by 1.56%.
Market Outlook
The put/call ratio for Huntington Bancshares currently stands at 0.49, indicating a generally bullish market sentiment surrounding the stock. This reflects a positive outlook from investors and analysts alike.
With these substantial predictions and rising institutional interest, Huntington Bancshares is poised for potential growth in the coming year.
