EMN stock icon

Eastman Chemical
EMN

$97.44
0.13%

Market Cap: 11.5B

 

About: Established in 1920 to produce chemicals for Eastman Kodak, Eastman Chemical has grown into a global specialty chemical company with manufacturing sites around the world. The company generates the majority of its sales outside of the United States, with a strong presence in Asian markets. During the past several years, Eastman has sold noncore businesses, choosing to focus on higher-margin specialty product offerings.

Employees: 14,000

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 17 analysts
0
News positive %
of 10 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

389% more call options, than puts

Call options by funds: $205M | Put options by funds: $42M

100% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2023] → 4 (+2) [Q1 2024]

34% more first-time investments, than exits

New positions opened: 94 | Existing positions closed: 70

12% more capital invested

Capital invested by funds: $8.8B [Q4 2023] → $9.87B (+$1.07B) [Q1 2024]

3% more funds holding

Funds holding: 689 [Q4 2023] → 713 (+24) [Q1 2024]

7% less repeat investments, than reductions

Existing positions increased: 239 | Existing positions reduced: 256

15.98% less ownership

Funds ownership: 82.62% [Q4 2023] → 66.64% (-15.98%) [Q1 2024]

Research analyst outlook

17 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$89
9%
downside
Avg. target
$107
9%
upside
High target
$128
31%
upside

17 analyst ratings

positive
53%
neutral
47%
negative
0%
Citigroup
Patrick Cunningham
14%upside
$111
Buy
Maintained
27 Jun 2024
UBS
Joshua Spector
31%upside
$128
Buy
Upgraded
23 May 2024
Barclays
Michael Leithead
6%upside
$103
Equal-Weight
Maintained
6 May 2024
RBC Capital
Arun Viswanathan
7%upside
$104
Sector Perform
Maintained
30 Apr 2024
Piper Sandler
Charles Neivert
8%upside
$105
Neutral
Maintained
30 Apr 2024

Financial journalist opinion

Based on 10 articles about EMN published over the past 30 days