Baird Cuts Huntington Bancshares (HBAN) Price Target to $19

On October 23, 2026, Baird maintained its Outperform rating on Huntington Bancshares Incorporated (NASDAQ: HBAN) while adjusting its price target from $21.00 down to $19.00. The note was issued as the regional bank's shares traded in the market.

HBAN Huntington Bancshares Incorporated

$15.66 ▼ -7.77% year to date

1M 3M YTD

Daily close · Oct 22, 2026

Baird's Call on Huntington Bancshares

In its research note on October 23, 2026, Baird kept an Outperform rating on the bank holding company while lowering its target to $19.00 from a previous level of $21.00. The firm's forward-looking view highlights its continued positive stance on the regional lender despite the reduced price objective.

Other Institutional Activity in Huntington Bancshares

Boston Partners grew its holdings by 2,688,124 shares in the quarter ended June 30, 2026, ending with 52,839,690 shares worth about $827,469,537.

Huntington Bancshares Incorporated Stock Holds Steady

Huntington Bancshares recently traded around $15.72 as of October 23, 2026, up about 0.4% from its previous close of $15.66 on October 22, 2026. The stock sits 2.8% below its 50-day moving average of $16.18 and 6.2% below its 200-day moving average of $16.76. Over the past 52 weeks, the shares have traded as low as $14.82 and as high as $19.46.

Recent Earnings

For its trailing twelve months, Huntington Bancshares reported $9,828,000,000 in revenue and earnings of $1.30 per share. The regional bank posted a net profit margin of 25.3% and a year-over-year revenue growth rate of 32.4%. The company's next quarterly earnings report is scheduled for release on January 21, 2027.

Dividend

Huntington Bancshares pays an annual dividend of $0.62 per share, which translates to a dividend yield of 3.96%. The company's dividend payout ratio stands at 47.7% of its earnings.

Analysts Set New Price Targets

Wall Street firms have kept a steady stream of updates on the stock leading up to Baird's note. On September 23, 2026, Truist Securities maintained its Buy rating while lowering its price target from $20.00 to $19.00. Later, JP Morgan kept an Overweight rating on October 2, 2026, moving its target from $19.50 to $17.50. UBS maintained a Buy rating on October 5, 2026, adjusting its target to $19.00 from $22.00. Keefe, Bruyette & Woods maintained a Market Perform rating on October 6, 2026, with a target of $18.00 down from $19.50. Overall, the stock carries a consensus buy recommendation from 20 analysts with a mean price target of $19.07.

About Huntington Bancshares

Headquartered in Columbus, Ohio, Huntington Bancshares serves as the parent organization for The Huntington National Bank. The financial institution provides a wide array of banking services to consumers and businesses, ranging from commercial loans and mortgages to wealth management, trust services, and insurance products across its operating footprint.

Bottom Line

Investors will look toward the bank's next earnings report on January 21, 2027, for further updates on loan growth and net interest margins. Market participants continue to weigh analyst price target adjustments against the broader performance of regional banks.