Why Huntington Bancshares (HBAN) Stock Is Up Today

Huntington Bancshares (HBAN) is up 3.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be a mix of broader strength in bank shares and investor follow-through from Huntington’s strong second-quarter results released in late July. If there is a company-specific catalyst behind today’s move, it is not obvious, so part of the gain could simply reflect improving sentiment toward regional banks.

Details:

Huntington posted second-quarter 2026 net income of $727 million, or $0.33 per common share, up sharply from both the prior quarter and the year-ago period.

Net interest income rose 9% from the prior quarter and 40% from a year earlier, while total revenue on a fully taxable equivalent basis increased 46% year over year.

The company’s capital and book-value metrics stayed solid, with a 10.0% CET1 ratio and tangible book value per share of $9.65 at June 30, 2026.

Bank stocks were also generally firmer in the broader market on September 2, which may have provided an extra tailwind for HBAN shares.

Sources:

SEC, Huntington Bancshares Investor Relations, AP News

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$HBAN Insider Trading Activity

$HBAN insiders have traded $HBAN stock on the open market 18 times in the past 6 months. Of those trades, 11 have been purchases and 7 have been sales.

Here’s a breakdown of recent trading of $HBAN stock by insiders over the last 6 months:

JAMES D III ROLLINS has made 10 purchases buying 34,712 shares for an estimated $647,674 and 1 sale selling 223,522 shares for an estimated $3,878,106.
SCOTT D KLEINMAN (Senior Exec. V.P.) has made 0 purchases and 2 sales selling 84,955 shares for an estimated $1,315,983.
STEPHEN D STEINOUR (President, CEO & Chairman) purchased 32,277 shares for an estimated $499,970
KENDALL A KOWALSKI (Chief Information Officer) has made 0 purchases and 2 sales selling 27,970 shares for an estimated $481,102.
MARCY C HINGST (SEVP and General Counsel) sold 10,568 shares for an estimated $190,224
PRASHANT NATERI (Chief Corp Operations Officer) sold 10,170 shares for an estimated $157,648

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$HBAN Hedge Fund Activity

We have seen 574 institutional investors add shares of $HBAN stock to their portfolio, and 549 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

MILLENNIUM MANAGEMENT LLC removed 21,064,883 shares (-81.2%) from their portfolio in Q2 2026, for an estimated $373,480,375
DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTS BANK, FRANKFURT AM MAIN removed 18,517,624 shares (-37.0%) from their portfolio in Q2 2026, for an estimated $328,317,473
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 13,544,706 shares (+inf%) to their portfolio in Q2 2026, for an estimated $240,147,637
FEDERATED HERMES, INC. removed 13,007,810 shares (-99.9%) from their portfolio in Q2 2026, for an estimated $230,628,471
JPMORGAN CHASE & CO added 12,964,571 shares (+inf%) to their portfolio in Q2 2026, for an estimated $229,861,843
D. E. SHAW & CO., INC. added 11,627,880 shares (+2380.2%) to their portfolio in Q2 2026, for an estimated $206,162,312
NORDEA INVESTMENT MANAGEMENT AB added 9,987,348 shares (+1849.0%) to their portfolio in Q2 2026, for an estimated $177,075,680

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$HBAN Congressional Stock Trading

Members of Congress have traded $HBAN stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $HBAN stock by members of Congress over the last 6 months:

SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$HBAN Price Targets

Multiple analysts have issued price targets for $HBAN recently. We have seen 8 analysts offer price targets for $HBAN in the last 6 months, with a median target of $19.75.

Here are some recent targets:

Erika Najarian from UBS set a target price of $22.0 on 07/07/2026
David Chiaverini from Jefferies set a target price of $19.0 on 07/06/2026
Vivek Juneja from JP Morgan set a target price of $19.5 on 07/06/2026
John Pancari from Evercore ISI Group set a target price of $21.0 on 07/06/2026
Manan Gosalia from Morgan Stanley set a target price of $21.0 on 06/29/2026
Matt Olney from Stephens & Co. set a target price of $19.0 on 06/15/2026
Peter Winter from DA Davidson set a target price of $20.0 on 03/16/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.