Seaport Res Ptn Has Negative Outlook of Huntsman Q2 Earnings

Huntsman Corporation (NYSE:HUN) – Investment analysts at Seaport Res Ptn reduced their Q2 2026 earnings per share estimates for shares of Huntsman in a note issued to investors on Monday, August 4th. Seaport Res Ptn analyst M. Harrison now anticipates that the basic materials company will post earnings of $0.11 per share for the quarter, down from their prior estimate of $0.19. The consensus estimate for Huntsman’s current full-year earnings is $0.32 per share.

Huntsman (NYSE:HUN) last announced its quarterly earnings data on Thursday, July 31st. The basic materials company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.15) by ($0.05). Huntsman had a negative return on equity of 2.48% and a negative net margin of 5.75%. The firm had revenue of $1.46 billion during the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter in the previous year, the business earned $0.14 earnings per share. The company’s revenue for the quarter was down 7.4% compared to the same quarter last year.

HUN has been the topic of several other reports. Citigroup dropped their price objective on shares of Huntsman from $11.00 to $9.00 and set a “neutral” rating on the stock in a report on Monday. Royal Bank Of Canada lowered their price target on shares of Huntsman from $12.00 to $10.00 and set a “sector perform” rating on the stock in a report on Monday. Mizuho cut their price target on Huntsman from $14.00 to $11.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 15th. Bank of America cut Huntsman from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $22.00 to $15.00 in a report on Tuesday, April 15th. Finally, Wells Fargo & Company dropped their target price on Huntsman from $13.00 to $9.00 and set an “equal weight” rating on the stock in a report on Tuesday. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $12.28.

Huntsman Price Performance

Shares of NYSE:HUN opened at $9.51 on Tuesday. Huntsman has a twelve month low of $9.02 and a twelve month high of $25.12. The company has a current ratio of 1.43, a quick ratio of 0.82 and a debt-to-equity ratio of 0.54. The company has a market cap of $1.65 billion, a PE ratio of -4.88 and a beta of 0.70. The company’s 50 day moving average is $10.97 and its 200 day moving average is $13.67.

Huntsman Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $1.00 dividend on an annualized basis and a yield of 10.5%. Huntsman’s dividend payout ratio is presently -51.28%.

Hedge Funds Weigh In On Huntsman

Hedge funds have recently bought and sold shares of the business. Two Sigma Investments LP raised its stake in shares of 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 buying an additional 239,193 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in Huntsman by 898.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 167,206 shares of the basic materials company’s stock worth $2,640,000 after acquiring an additional 150,461 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in Huntsman by 12.6% in 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 acquiring an additional 14,812 shares in the last quarter. Twelve Points Wealth Management LLC lifted its holdings in Huntsman by 51.0% during the first quarter. Twelve Points Wealth Management LLC now owns 115,641 shares of the basic materials company’s stock valued at $1,826,000 after purchasing an additional 39,035 shares in the last quarter. Finally, Teacher Retirement System of Texas grew its position in shares of Huntsman by 72.0% in the first quarter. Teacher Retirement System of Texas now owns 63,424 shares of the basic materials company’s stock valued at $1,001,000 after purchasing an additional 26,551 shares during the period. Hedge funds and other institutional investors own 84.81% of the company’s stock.

Huntsman Company Profile

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.