SCHEDULE 13G/A: T. Rowe Price Associates Discloses 4.9% Stake in Huntington Bancshares
Beneficial Ownership Report
T. Rowe Price Associates, Inc. has filed an amended Schedule 13G, reporting a beneficial ownership of 4.9% of Huntington Bancshares Inc.'s common stock as of March 31, 2025.
Summary
- T. Rowe Price Associates, Inc. reported beneficial ownership of 71,675,294 shares of Huntington Bancshares Inc. common stock.
- This ownership represents 4.9% of the total class of Huntington Bancshares Inc. common stock.
- The filing indicates that T. Rowe Price Associates, Inc. holds sole voting power over 67,130,289 shares and sole dispositive power over 71,668,341 shares.
- The securities were acquired and are held in the ordinary course of business, and not for the purpose of changing or influencing the control of Huntington Bancshares Inc.
- T. Rowe Price Associates, Inc. is classified as an Investment Adviser (IA) for the purpose of this filing.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently lead to a positive or negative sentiment regarding the issuer's performance or outlook.
Future Outlook
NA
Industry Context
This filing reflects a significant institutional investment firm's stake in a major regional bank, Huntington Bancshares Inc. Such disclosures provide transparency into large ownership positions within the financial services sector, which can be indicative of institutional confidence or strategic portfolio allocations.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional investor's stake, which can influence market perception and trading activity.
- Investment Professionals: Offers insight into the portfolio holdings and investment strategies of T. Rowe Price Associates, Inc.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of event which requires the filing of this statement, indicating the beneficial ownership stake. |
| 05/14/2025 | Date the Schedule 13G Amendment No. 1 was signed by T. Rowe Price Associates, Inc. |
Keywords
T. Rowe Price Associates, Huntington Bancshares, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, SEC Filing, Institutional Ownership
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