Stock analysts at KeyCorp assumed coverage on shares of Huntsman (NYSE:HUN – Get Free Report) in a research report issued on Friday, MarketBeat Ratings reports. The brokerage set an “overweight” rating and a $14.00 price target on the basic materials company’s stock. KeyCorp’s price objective would indicate a potential upside of 47.01% from the stock’s current price. 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 analysts also recently issued reports on the stock. Weiss Ratings downgraded shares of Huntsman from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, August 3rd. The Goldman Sachs Group set a $12.00 target price on Huntsman in a report on Thursday, July 16th. Jefferies Financial Group set a $16.00 price objective on shares of Huntsman in a research note on Friday, July 31st. UBS Group dropped their price target on shares of Huntsman from $11.00 to $10.00 and set a “neutral” rating on the stock in a research note on Monday, August 3rd. Finally, Royal Bank Of Canada cut their price target on Huntsman from $11.00 to $10.00 and set a “sector perform” rating for the company in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $12.62.
Read Our Latest Stock Analysis on Huntsman
Huntsman Stock Performance
Insider Buying and Selling
In other Huntsman news, CEO Peter R. Huntsman bought 100,000 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were purchased at an average cost of $9.81 per share, for a total transaction of $981,000.00. Following 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 6.80% of the stock is owned by company insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the business. Versant Capital Management Inc increased its position in shares of Huntsman by 166.7% during the second quarter. Versant Capital Management Inc now owns 2,672 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 1,670 shares during the period. Nykredit A S bought a new stake in shares of Huntsman in the second quarter valued at about $32,000. Global Retirement Partners LLC bought a new position in Huntsman during the 2nd quarter worth about $45,000. Allworth Financial LP bought a new position in shares of Huntsman in the 2nd quarter worth $52,000. Finally, Advisory Services Network LLC purchased a new stake in shares of Huntsman during the 3rd quarter worth $58,000. Institutional investors own 84.81% of the company’s stock.
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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