Huntsman (NYSE:HUN) Trading Up 9.4% After Dividend Announcement

Huntsman Corporation (NYSE:HUN)’s stock price traded up 9.4% on Wednesday following a dividend announcement from the company. The stock traded as high as $13.95 and last traded at $13.5050. 3,852,676 shares were traded during mid-day trading, a decline of 34% from the average session volume of 5,874,508 shares. The stock had previously closed at $12.35.

The newly announced dividend which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be issued a $0.0875 dividend. The ex-dividend date of this dividend is Friday, March 13th. This represents a $0.35 dividend on an annualized basis and a dividend yield of 2.6%. Huntsman’s dividend payout ratio is currently -18.42%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on HUN. Alembic Global Advisors set a $11.00 price objective on shares of Huntsman in a research report on Monday, October 27th. KeyCorp reiterated a “sector weight” rating on shares of Huntsman in a report on Monday, December 22nd. Citigroup lifted their target price on Huntsman from $10.50 to $12.00 and gave the company a “neutral” rating in a research report on Thursday, January 15th. Royal Bank Of Canada increased their price target on Huntsman from $10.00 to $13.00 and gave the stock a “sector perform” rating in a report on Friday, January 16th. Finally, Mizuho upped their target price on shares of Huntsman from $8.00 to $9.00 and gave the company an “underperform” rating in a research report on Wednesday. Two research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average target price of $11.09.

Huntsman Trading Up 8.7%

The company has a 50 day moving average of $11.41 and a 200-day moving average of $10.16. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.84 and a current ratio of 1.36. The stock has a market cap of $2.33 billion, a price-to-earnings ratio of -7.11 and a beta of 0.70.

Huntsman (NYSE:HUN) last released its earnings results on Tuesday, February 17th. The basic materials company reported ($0.37) earnings per share for the quarter, missing the consensus estimate of ($0.29) by ($0.08). The firm had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.34 billion. Huntsman had a negative net margin of 5.69% and a negative return on equity of 3.26%. The business’s revenue was down 6.7% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.25) earnings per share. On average, research analysts anticipate that Huntsman Corporation will post 0.32 earnings per share for the current year.

Key Huntsman News

Here are the key news stories impacting Huntsman this week:

• Positive Sentiment: Board declared a quarterly cash dividend of $0.0875/share (payable Mar 31; record/ex‑div date Mar 13) — a yield around 2.8%, which supports income investors and may underpin the rally. Dividend Announcement
• Positive Sentiment: Insider buying: CFO Philip Lister purchased shares recently (reported by Quiver), which can signal management confidence. Quiver Article
• Positive Sentiment: Operational cash flow improved: cash from operations rose ~33% YoY and cash balances increased, while total liabilities declined — these liquidity improvements reduce short‑term financial risk. Quiver Financials
• Neutral Sentiment: Revenue roughly in line with/just above estimates (~$1.35–1.36B) even as sales fell ~6.7% YoY — mixed top‑line signal that may limit downside but doesn’t signal a clear near‑term turnaround. Zacks Revenue Take
• Neutral Sentiment: Several recent writeups assessing valuation after a short‑term share rebound — useful context for investors but not an immediate catalyst. Valuation Piece
• Negative Sentiment: Q4 EPS missed consensus: reported adjusted loss per share and GAAP loss (EPS miss vs. estimates), wider adjusted loss vs. prior year — these results prompted initial negative market reaction. Earnings Press Release
• Negative Sentiment: Analyst sentiment remains mixed‑to‑bearish: Mizuho bumped its target to $9 but kept an “Underperform” stance (target still well below the current price). The street consensus/median targets sit materially under recent trading levels, implying downside risk. Mizuho/The Fly
• Negative Sentiment: Unusual options activity: a large spike in put buying (23,037 puts) suggests some traders were positioned for downside after earnings. Options Note
• Negative Sentiment: Consensus analyst rating remains weak (average “Reduce” reported) and several price targets undercut the current market price — continued bearish coverage could cap gains. Analyst Rating Article

Institutional Trading of Huntsman

A number of large investors have recently modified their holdings of the stock. Man Group plc raised its stake in shares of Huntsman by 1.1% in the fourth quarter. Man Group plc now owns 879,604 shares of the basic materials company’s stock valued at $8,796,000 after acquiring an additional 9,960 shares in the last quarter. Inspire Investing LLC purchased a new stake in Huntsman during the 4th quarter worth about $115,000. Gotham Asset Management LLC raised its position in Huntsman by 4,003.2% in the 4th quarter. Gotham Asset Management LLC now owns 1,806,207 shares of the basic materials company’s stock valued at $18,062,000 after purchasing an additional 1,762,187 shares in the last quarter. Evolve Private Wealth LLC purchased a new position in shares of Huntsman in the 4th quarter valued at about $133,000. Finally, Engineers Gate Manager LP boosted its stake in shares of Huntsman by 3.7% in the 4th quarter. Engineers Gate Manager LP now owns 615,505 shares of the basic materials company’s stock valued at $6,155,000 after buying an additional 22,190 shares during the period. Hedge funds and other institutional investors own 84.81% of the company’s stock.

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.