Franklin Resources Inc. and
Vinva Investment Management Ltd have altered their stakes in
Huntington Bancshares Incorporated, with Franklin reducing and Vinva purchasing new shares. Big names such as
JPMorgan Chase & Co. and
Prudential Financial Inc. have also increased their holdings, while other entities, including
Rhumbline Advisers and
Legal & General Group Plc, have decreased theirs. Acquisition activity has dominated Huntington's landscape with definitive agreements in place to acquire
Cadence Bank and units of Janney Montgomery Scott. Additionally,
Veritex Holdings, Inc. merger has received all necessary regulatory approvals. Dividend payouts remain consistent with the company declaring quarterly cash dividends on common and preferred stocks and a declared dividend of $0.155. However, significant stock sell-offs by executive figures including
Helga Houston, an insider and SVP at Huntington, have been observed. Shifts in leadership and strategic expansion into the Carolinas could prompt a narrative change for the company. Huntington shows consistent earnings growth, with Q2 and Q3 2025 beating estimates. Huntington has confirmed its target price and several financial groups maintain their stock recommendations, maintaining the company's value for the long term.
Huntington Bancshares HBAN News Analytics from Sat, 05 Apr 2025 07:00:00 GMT to Sat, 29 Nov 2025 11:52:44 GMT -
Rating 6
- Innovation 3
- Information 8
- Rumor 4
