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StocksUpdated•Originally published 8 May 2026•Updated 9 May 2026•

1 min read

Institutional Investors Boost Banking Stakes as Carlson Capital Expands Huntington Bancshares Position

Key Facts

1Vanguard Group Inc. increased its stake in First Interstate BancSystem, Inc. by 13.7% during the fourth quarter.

2Vanguard now owns 9.77% of the financial services provider's stock.

3The company reported earnings that beat analyst estimates and declared a quarterly dividend.

The banking sector is seeing renewed institutional momentum as Carlson Capital L.P. increased its position in Huntington Bancshares (HBAN) by a substantial 178% during the fourth quarter. This aggressive accumulation contributes to a broader trend where institutional investors now collectively own 80.72% of HBAN's outstanding shares. Meanwhile, Vanguard Group continues to solidify its 9.77% stake in First Interstate BancSystem following an impressive earnings beat. Analysts currently maintain a 'Moderate Buy' rating for HBAN with an average price target of $20.05, signaling upside potential. These strategic moves by major asset managers highlight growing confidence in the regional banking landscape. The combination of strong institutional backing and consistent dividend payouts continues to position these financial entities favorably for the upcoming fiscal periods.

26 days ago

Version History

Version 126 days ago

What changed: Updated the story to include Carlson Capital's 178% stake increase in Huntington Bancshares and new institutional ownership data.