Old West Investment Management LLC bought a new position in Huntsman Corporation (NYSE:HUN – Free Report) during the second quarter, Holdings Channel reports. The fund bought 131,927 shares of the basic materials company’s stock, valued at approximately $1,401,000.
A number of other large investors also recently bought and sold shares of HUN. Versant Capital Management Inc lifted its position in Huntsman by 166.7% during the 2nd quarter. Versant Capital Management Inc now owns 2,672 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 1,670 shares during the period. Global Retirement Partners LLC purchased a new stake in Huntsman in the second quarter worth about $45,000. Essential Partners LLC increased its stake in shares of Huntsman by 40.3% during the first quarter. Essential Partners LLC now owns 5,766 shares of the basic materials company’s stock valued at $77,000 after purchasing an additional 1,655 shares in the last quarter. Advisory Services Network LLC purchased a new position in shares of Huntsman during the third quarter valued at approximately $58,000. Finally, Parkside Financial Bank & Trust lifted its holdings in shares of Huntsman by 1,005.9% during the fourth quarter. Parkside Financial Bank & Trust now owns 6,514 shares of the basic materials company’s stock valued at $65,000 after purchasing an additional 5,925 shares during the last quarter. 84.81% of the stock is owned by hedge funds and other institutional investors.
Huntsman News Roundup
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.
Wall Street Analyst Weigh In
Get Our Latest Stock Report on Huntsman
Insider Transactions at Huntsman
In other Huntsman news, CEO Peter R. Huntsman bought 100,000 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was bought at an average cost of $9.81 per share, for a total transaction of $981,000.00. Following the completion of the transaction, the chief executive officer owned 7,256,341 shares of the company’s stock, valued at $71,184,705.21. This represents a 1.40% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 6.80% of the company’s stock.
Huntsman Stock Up 0.0%
HUN stock opened at $10.30 on Monday. The company has a market cap of $1.81 billion, a price-to-earnings ratio of -9.90 and a beta of 0.70. 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 business’s 50-day moving average is $11.74 and its two-hundred day moving average is $12.70. Huntsman Corporation has a fifty-two week low of $7.30 and a fifty-two week high of $16.08.
Huntsman Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $0.0875 dividend. The ex-dividend date of this dividend 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 (DPR) is presently -33.65%.
Huntsman Company 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.
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