DA Davidson Weighs in on Hancock Whitney Q1 Earnings

Hancock Whitney Co. (NASDAQ:HWC) – Equities researchers at DA Davidson issued their Q1 2025 EPS estimates for shares of Hancock Whitney in a report issued on Thursday, January 23rd. DA Davidson analyst G. Tenner expects that the company will earn $1.24 per share for the quarter. DA Davidson has a “Buy” rating and a $65.00 price objective on the stock. The consensus estimate for Hancock Whitney’s current full-year earnings is $5.16 per share.

Other research analysts have also issued research reports about the stock. StockNews.com lowered shares of Hancock Whitney from a “hold” rating to a “sell” rating in a research note on Thursday. Keefe, Bruyette & Woods boosted their target price on shares of Hancock Whitney from $60.00 to $70.00 and gave the company an “outperform” rating in a research report on Wednesday, December 4th. Stephens reaffirmed an “overweight” rating and issued a $74.00 price target (up from $68.00) on shares of Hancock Whitney in a report on Wednesday. Finally, Raymond James reaffirmed a “strong-buy” rating and issued a $72.00 price target (up from $64.00) on shares of Hancock Whitney in a report on Wednesday. One research analyst has rated the stock with a sell rating, two have issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $62.56.

Hancock Whitney Trading Down 0.7 %

Shares of Hancock Whitney stock opened at $58.97 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.81 and a debt-to-equity ratio of 0.05. Hancock Whitney has a 12-month low of $41.19 and a 12-month high of $62.40. The firm has a market capitalization of $5.07 billion, a price-to-earnings ratio of 11.17 and a beta of 1.27. The firm’s 50 day simple moving average is $57.32 and its two-hundred day simple moving average is $53.81.

Hancock Whitney (NASDAQ:HWC) last issued its quarterly earnings results on Tuesday, January 21st. The company reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.12. Hancock Whitney had a net margin of 22.40% and a return on equity of 11.56%. During the same quarter last year, the business posted $1.26 EPS.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Segall Bryant & Hamill LLC lifted its stake in Hancock Whitney by 8.8% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 692,387 shares of the company’s stock valued at $35,429,000 after buying an additional 55,869 shares in the last quarter. Versor Investments LP purchased a new position in Hancock Whitney in the 3rd quarter valued at about $844,000. Quest Partners LLC lifted its stake in Hancock Whitney by 66.7% in the 3rd quarter. Quest Partners LLC now owns 33,106 shares of the company’s stock valued at $1,694,000 after buying an additional 13,243 shares in the last quarter. GSA Capital Partners LLP purchased a new position in Hancock Whitney in the 3rd quarter valued at about $2,605,000. Finally, JPMorgan Chase & Co. lifted its stake in Hancock Whitney by 21.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 551,636 shares of the company’s stock valued at $28,227,000 after buying an additional 96,092 shares in the last quarter. 81.22% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Hancock Whitney

In other news, Director Christine L. Pickering sold 763 shares of the stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of $52.40, for a total transaction of $39,981.20. Following the sale, the director now directly owns 23,518 shares of the company’s stock, valued at $1,232,343.20. This represents a 3.14 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO John M. Hairston sold 18,000 shares of the firm’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $59.44, for a total transaction of $1,069,920.00. Following the completion of the transaction, the chief executive officer now directly owns 254,026 shares in the company, valued at $15,099,305.44. This represents a 6.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.10% of the company’s stock.

Hancock Whitney Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Thursday, December 5th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 2.71%. The ex-dividend date was Thursday, December 5th. Hancock Whitney’s payout ratio is currently 30.30%.

Hancock Whitney Company Profile

Hancock Whitney Corporation operates as the financial holding company for Hancock Whitney Bank that provides traditional and online banking services to commercial, small business, and retail customers. It offers various transaction and savings deposit products consisting of brokered deposits, time deposits, and money market accounts; treasury management services, secured and unsecured loan products including revolving credit facilities, and letters of credit and similar financial guarantees; and trust and investment management services to retirement plans, corporations, and individuals, and investment advisory and brokerage products.