Huntsman (NYSE:HUN) Upgraded to Strong-Buy at KeyCorp

KeyCorp upgraded shares of Huntsman (NYSE:HUN) to a strong-buy rating in a research note published on Thursday,Zacks reports. KeyCorp also issued estimates for Huntsman’s Q3 2026 earnings at $0.11 EPS and FY2028 earnings at $0.05 EPS.

A number of other equities analysts have also weighed in on the stock. The Goldman Sachs Group set a $12.00 price objective on shares of Huntsman in a report on Thursday, July 16th. Mizuho cut their target price on Huntsman from $14.00 to $13.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 1st. Weiss Ratings lowered Huntsman from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, August 3rd. Bank of America boosted their price target on Huntsman from $10.00 to $11.00 and gave the stock an “underperform” rating in a research note on Tuesday, June 30th. Finally, Wells Fargo & Company lowered their price target on Huntsman from $14.00 to $11.00 and set an “equal weight” rating on the stock in a report on Tuesday, August 4th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Huntsman has a consensus rating of “Hold” and an average price target of $12.50.

Huntsman Trading Down 0.6%

Shares of NYSE HUN opened at $9.52 on Thursday. The firm’s 50 day moving average price is $10.65 and its 200-day moving average price is $12.30. Huntsman has a 52-week low of $7.30 and a 52-week high of $16.08. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.78 and a current ratio of 1.33. The company has a market cap of $1.67 billion, a PE ratio of -9.16 and a beta of 0.70.

Huntsman Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given 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 yield of 3.7%. Huntsman’s dividend payout ratio is -33.65%.

Insider Transactions at Huntsman

In related news, CEO Peter R. Huntsman bought 100,000 shares of the business’s stock in a transaction on Monday, August 3rd. The stock was acquired 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 in the company, valued at approximately $71,184,705.21. This trade represents a 1.40% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 6.80% of the company’s stock.

Hedge Funds Weigh In On Huntsman

Several hedge funds and other institutional investors have recently modified their holdings of HUN. BlackRock Inc. bought a new stake in shares of Huntsman during the 2nd quarter valued at about $193,750,000. Pzena Investment Management LLC purchased a new stake in shares of Huntsman during the 2nd quarter valued at about $54,817,000. UBS Group AG lifted its stake in shares of Huntsman by 83.5% in the 3rd quarter. UBS Group AG now owns 7,364,206 shares of the basic materials company’s stock worth $66,131,000 after purchasing an additional 3,351,265 shares during the period. AQR Capital Management LLC lifted its stake in shares of Huntsman by 29.8% in the 3rd quarter. AQR Capital Management LLC now owns 12,062,972 shares of the basic materials company’s stock worth $106,878,000 after purchasing an additional 2,772,563 shares during the period. Finally, Two Sigma Investments LP boosted its holdings in shares of Huntsman by 476.5% in the third quarter. Two Sigma Investments LP now owns 2,841,510 shares of the basic materials company’s stock worth $25,517,000 after buying an additional 2,348,598 shares during the last quarter. 84.81% of the stock is owned by institutional investors.

About Huntsman

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.