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Huntsman (NYSE: HUN) saw unusually large options trading activity on Wednesday. Stock investors purchased 3,240 stock put options. Compared with the typical daily volume of 2,109 put options, this represents an increase of approximately 54%.

Several brokerages recently commented on HUN. KeyCorp raised its price target for Huntsman stock from $37.00 to $38.00 and gave the company an "overweight" rating in its research report on Monday, November 1. Wells Fargo raised its price target on Huntsman stock from US$32.00 to US$36.00, and gave the company an “overweight” rating in its research report on Friday, October 1. In its research report on Wednesday, November 3rd, Zacks Investment Research upgraded Huntsman's stock from a "hold" rating to a "strong buy" rating and set a price target of $39.00 for the stock. On Thursday, November 11, Deutsche Bank raised the target price of Huntsman stock from $38.00 to $40.00 and gave the company a "buy" rating. Finally, Royal Bank of Canada raised its price target for Huntsman stock from $39.00 to $45.00, and gave the company a "outperform" rating in its research report on Wednesday, November 10. Three investment analysts gave a hold rating on the stock, ten issued a buy rating, and one gave a strong buy rating on the company's stock. According to MarketBeat data, Huntsman's current average rating is "Buy" and the average target price is $38.77.

NYSE:HUN stock price rose by US$0.04 on Wednesday to reach US$32.92. The company's stock trading volume was 17,294 shares, while its average trading volume was 2,204,458 shares. Huntsman's 52-week low was 24.09 USD and the 52-week high was 34.47 USD. The company has a market capitalization of 7.18 billion U.S. dollars, a price-to-earnings ratio of 9.26, and a beta of 1.26. The company's 50-day simple moving average is $32.42, and the 200-day simple moving average is $28.62. The company's debt-to-equity ratio is 0.40, quick ratio is 1.19, and current ratio is 1.92.

Huntsman (NYSE:HUN) last released quarterly earnings data on Thursday, October 28. The basic materials company reported earnings per share of US$1.08 for the quarter, which was US$0.15 higher than analysts’ consensus estimate of US$0.93. Huntsman's net profit margin is 10.12%, and the return on equity is 18.10%. The business's revenue this quarter was 2.29 billion U.S. dollars, while analysts expected it to be 2.04 billion U.S. dollars. In the same period last year, the company's earnings per share were $0.32. Revenue from this business increased by 51.3% year-on-year. On average, stock research analysts predict that Huntsman’s earnings per share this fiscal year will reach 3.51 times.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 31. Shareholders of record on Wednesday, December 15th will receive a dividend of $0.188. The ex-dividend date is Tuesday, December 14. This means that the annualized dividend is $0.75 and the dividend yield is 2.28%. This is a positive change from Huntsman's dividend of $0.19 in the previous quarter. Huntsman's current payout ratio is 21.13%.

Several large investors have recently bought and sold HUN shares. Credit Agricole SA purchased new shares of Huntsman stock in the second quarter, valued at approximately US$25,000. TCI Wealth Advisors Inc. increased its Huntsman stock holdings by 81.0% in the third quarter. TCI Wealth Advisors Inc. purchased 389 shares last quarter and now owns 869 shares of the basic materials company, valued at $26,000. Exchange Traded Concepts LLC purchased new shares of Huntsman stock in the third quarter, valued at approximately $29,000. Consolidated Planning Corp purchased new shares of Huntsman stock in the third quarter, valued at approximately $42,000. Finally, Signaturefd LLC increased its Huntsman stock holdings by 24.4% in the third quarter. After purchasing another 318 shares last quarter, Signaturefd LLC now owns 1,619 shares of Basic Materials Company, valued at US$48,000. Institutional investors and hedge funds hold 88.73% of the company's shares.

Huntsman Corp. is engaged in the manufacture of differentiated organic chemical products. It operates through the following divisions: polyurethane, performance products, advanced materials and textile effects. The polyurethane division produces and sells polyurethane chemicals, including MDI products, PO, polyols, PG, TPU, aniline and MTBE.

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