Old West Investment Management LLC Takes $1.40 Million Position in Huntsman Corporation $HUN

Old West Investment Management LLC bought a new position in Huntsman Corporation (NYSE:HUN) during the second quarter, according to the company in its most recent filing with the SEC. The firm bought 131,927 shares of the basic materials company’s stock, valued at approximately $1,401,000. Old West Investment Management LLC owned 0.08% of Huntsman as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Lombard Odier Asset Management USA Corp boosted its position in Huntsman by 6.2% during the first quarter. Lombard Odier Asset Management USA Corp now owns 16,868 shares of the basic materials company’s stock valued at $225,000 after buying an additional 982 shares during the period. Daiwa Securities Group Inc. increased its holdings in shares of Huntsman by 8.6% in the fourth quarter. Daiwa Securities Group Inc. now owns 13,863 shares of the basic materials company’s stock worth $139,000 after buying an additional 1,099 shares during the period. Oppenheimer & Co. Inc. lifted its stake in shares of Huntsman by 2.8% in the 4th quarter. Oppenheimer & Co. Inc. now owns 44,574 shares of the basic materials company’s stock valued at $446,000 after acquiring an additional 1,225 shares during the last quarter. Guggenheim Capital LLC boosted its holdings in Huntsman by 2.9% during the 4th quarter. Guggenheim Capital LLC now owns 43,022 shares of the basic materials company’s stock valued at $430,000 after acquiring an additional 1,226 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Huntsman by 0.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 477,566 shares of the basic materials company’s stock worth $4,776,000 after acquiring an additional 1,372 shares during the last quarter. 84.81% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on HUN shares. Bank of America boosted their price objective on Huntsman from $10.00 to $11.00 and gave the company an “underperform” rating in a research report on Tuesday, June 30th. Jefferies Financial Group set a $16.00 target price on shares of Huntsman in a report on Friday, July 31st. Royal Bank Of Canada decreased their target price on shares of Huntsman from $11.00 to $10.00 and set a “sector perform” rating on the stock in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $15.00 price target on shares of Huntsman in a report on Tuesday, May 19th. Finally, Wall Street Zen raised shares of Huntsman from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $12.83.

Trending Headlines about Huntsman

Here are the key news stories impacting Huntsman this week:

• Positive Sentiment: Huntsman’s latest earnings call highlighted potential upside from its merger strategy, which could provide longer-term benefits through improved scale, cost efficiencies, or portfolio positioning. Management also discussed the associated risks. Huntsman Earnings Call Highlights Merger Upside, Risks
• Neutral Sentiment: Huntsman’s shares remain near the lower portion of their 52-week range and below both their 50-day and 200-day moving averages, signaling weak technical momentum. The stock’s valuation is also difficult to assess using earnings-based measures because the company is expected to remain unprofitable in the near term.
• Negative Sentiment: Zacks Research lowered EPS forecasts across nearly every reported period. FY2026 estimates were cut to a loss of $0.40 per share from a $0.30 loss, while FY2027 was reduced to a $0.20 loss from $0.08 of earnings and FY2028 was lowered to a $0.14 loss from $0.22 of earnings. Quarterly estimates were also reduced, including Q4 2026, Q1 and Q2 2027, Q3 and Q4 2027, and Q1 and Q2 2028. The revisions indicate expectations for a longer and deeper earnings downturn, with the current full-year consensus still calling for a $0.24-per-share loss.

Insider Activity

In other news, CEO Peter R. Huntsman bought 100,000 shares of the firm’s stock in a transaction dated Monday, August 3rd. The stock was purchased at an average price of $9.81 per share, with a total value of $981,000.00. Following the transaction, the chief executive officer owned 7,256,341 shares of the company’s stock, valued at approximately $71,184,705.21. The trade was a 1.40% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 6.80% of the company’s stock.

Huntsman Price Performance

HUN stock opened at $10.30 on Monday. Huntsman Corporation has a 1 year low of $7.30 and a 1 year high of $16.08. The company has a market cap of $1.81 billion, a P/E ratio of -9.90 and a beta of 0.70. The firm has a 50-day moving average of $11.74 and a 200 day moving average of $12.70. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.33 and a quick ratio of 0.78.

Huntsman Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.0875 per share. The ex-dividend date is Tuesday, September 15th. This represents a $0.35 dividend on an annualized basis and a dividend yield of 3.4%. Huntsman’s dividend payout ratio is -33.65%.

Huntsman Profile

Huntsman Corporation is a global manufacturer and marketer of specialty chemicals with headquarters in The Woodlands, Texas. Founded in 1970 by entrepreneur Jon Huntsman Sr., the company has grown through strategic acquisitions and organic expansion to establish a broad portfolio of products serving diverse end markets. Huntsman maintains a presence in more than 30 countries, operating manufacturing facilities across North America, Europe, Asia-Pacific, Latin America and the Middle East.

The company organizes its operations into several core business segments, including Polyurethanes, Performance Products, Advanced Materials, and Textile Effects.