Seaport Res Ptn Reduces Earnings Estimates for Huntsman

Huntsman Corporation (NYSE:HUN) – Equities researchers at Seaport Res Ptn dropped their FY2026 earnings per share (EPS) estimates for shares of Huntsman in a research report issued to clients and investors on Friday, July 18th. Seaport Res Ptn analyst M. Harrison now forecasts that the basic materials company will post earnings of $0.53 per share for the year, down from their previous forecast of $0.62. The consensus estimate for Huntsman’s current full-year earnings is $0.32 per share.

A number of other research analysts have also recently issued reports on the company. Bank of America cut Huntsman from a “buy” rating to a “neutral” rating and decreased their target price for the company from $22.00 to $15.00 in a research report on Tuesday, April 15th. UBS Group decreased their price target on shares of Huntsman from $13.00 to $11.00 and set a “neutral” rating on the stock in a report on Wednesday, July 9th. The Goldman Sachs Group dropped their price objective on shares of Huntsman from $13.50 to $12.00 and set a “sell” rating for the company in a research note on Tuesday, July 8th. Wall Street Zen cut shares of Huntsman from a “hold” rating to a “sell” rating in a research note on Wednesday, May 21st. Finally, JPMorgan Chase & Co. reduced their price objective on Huntsman from $22.00 to $20.00 and set an “overweight” rating on the stock in a research report on Monday, May 5th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $13.17.

Huntsman Stock Up 0.3%

NYSE HUN opened at $11.33 on Monday. The business has a fifty day moving average price of $11.36 and a two-hundred day moving average price of $14.18. The stock has a market capitalization of $1.97 billion, a PE ratio of -12.45 and a beta of 0.70. Huntsman has a fifty-two week low of $10.13 and a fifty-two week high of $25.12. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.48 and a quick ratio of 0.82.

Huntsman (NYSE:HUN) last posted its quarterly earnings data on Thursday, May 1st. The basic materials company reported ($0.11) earnings per share for the quarter, hitting the consensus estimate of ($0.11). The business had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.51 billion. Huntsman had a negative net margin of 2.63% and a negative return on equity of 0.65%. Huntsman’s revenue was down 4.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.06) earnings per share.

Huntsman Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, June 13th. This represents a $1.00 annualized dividend and a yield of 8.83%. Huntsman’s payout ratio is -109.89%.

Institutional Investors Weigh In On Huntsman

Institutional investors have recently modified their holdings of the company. Two Sigma Investments LP grew its holdings in Huntsman by 28.6% during the 4th quarter. Two Sigma Investments LP now owns 1,074,347 shares of the basic materials company’s stock worth $19,370,000 after acquiring an additional 239,193 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in Huntsman by 898.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 167,206 shares of the basic materials company’s stock valued at $2,640,000 after buying an additional 150,461 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Huntsman by 12.6% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 132,516 shares of the basic materials company’s stock worth $2,096,000 after buying an additional 14,812 shares in the last quarter. Twelve Points Wealth Management LLC grew its position in shares of Huntsman by 51.0% during the 1st quarter. Twelve Points Wealth Management LLC now owns 115,641 shares of the basic materials company’s stock worth $1,826,000 after buying an additional 39,035 shares during the period. Finally, Teacher Retirement System of Texas increased its stake in shares of Huntsman by 72.0% in the 1st quarter. Teacher Retirement System of Texas now owns 63,424 shares of the basic materials company’s stock valued at $1,001,000 after acquiring an additional 26,551 shares in the last quarter. 84.81% of the stock is owned by institutional investors.

About Huntsman

Huntsman Corporation manufactures and sells diversified organic chemical products worldwide. The company operates in three segments: Polyurethanes, Performance Products, and Advanced Materials. The Polyurethanes segment offers polyurethane chemicals, including methyl diphenyl diisocyanate, polyether and polyester polyols, and thermoplastic polyurethane; and aniline, benzene, nitrobenzene and other co-products.