Key Takeaways
- Keefe, Bruyette & Woods maintained its Market Perform rating for Huntington Bancshares Incorporated – Preferred Stock (HBANL).
- The average 12-month price target for HBANL is $30.00, suggesting a potential upside of 16.86%.
- Fund sentiment shows 30 institutions holding positions, with average portfolio weight slightly increasing.
- Institutional ownership decreased in total shares over the last three months.
- Several large ETFs, including iShares Preferred and Income Securities ETF and Invesco Preferred ETF, have adjusted their holdings in HBANL.
Analyst Outlook on Huntington Bancshares Preferred Stock
Keefe, Bruyette & Woods has reaffirmed its coverage of Huntington Bancshares Incorporated – Preferred Stock (NasdaqGS:HBANL) with a Market Perform recommendation. This assessment was reported on October 20, 2025.
Price Target and Potential Upside
As of September 30, 2025, the analyst community has set an average one-year price target of $30.00 per share for Huntington Bancshares Incorporated – Preferred Stock. This target represents a potential upside of 16.86% from the stock’s last reported closing price of $25.67 per share. The price forecasts from analysts range from a low of $23.90 to a high of $35.71.
Earnings Per Share Projections
💡 The projected annual non-GAAP Earnings Per Share (EPS) for Huntington Bancshares Incorporated – Preferred Stock stands at $1.42.
Institutional Investment Trends
📊 Fund sentiment indicates that 30 funds or institutions currently report positions in Huntington Bancshares Incorporated – Preferred Stock. This number has remained consistent over the past quarter. The average portfolio weight allocated to HBANL by these institutions has seen an increase of 4.74%, now standing at 0.52% of their total portfolios. However, the total number of shares owned by institutions experienced a decrease of 3.35% in the last three months, totaling 4,216,000 shares.
Key Shareholder Activity
📍 PFF – iShares Preferred and Income Securities ETF reported holding 1,029,000 shares, marking a decrease of 9.01% from its previous filing of 1,122,000 shares. This fund also reduced its portfolio allocation to HBANL by 8.90% over the last quarter.
📍 PGX – Invesco Preferred ETF holds 503,000 shares. In its prior filing, the firm reported owning 528,000 shares, a decrease of 4.85%. Despite the decrease in shares held, the firm increased its portfolio allocation in HBANL by 0.11% over the last quarter.
📍 PFFD – Global X U.S. Preferred ETF holds 361,000 shares. In its previous filing, the firm reported owning 261,000 shares, an increase of 27.63%. This fund significantly increased its portfolio allocation in HBANL by 36.60% over the last quarter.
📍 John Hancock Tax-advantaged Dividend Income Fund reported holding 320,000 shares, with no change in its position over the last quarter.
📍 John Hancock Premium Dividend Fund holds 261,000 shares, also reporting no change in its position over the last quarter.
Expert Summary
Keefe, Bruyette & Woods has maintained its Market Perform rating for Huntington Bancshares Incorporated – Preferred Stock (HBANL), with an average price target suggesting a notable upside. While overall fund sentiment shows a slight increase in portfolio allocation, institutional share ownership has decreased, with varied adjustments seen among major ETF holders.