Eastman Chemical (EMN)

• Market cap: $9.06B
• 1 day: 1.00%
• 5 days: -2.63%
• 1 month: -12.61%
• 3 months: -16.91%
• 6 months: -26.66%
• Year to date: -13.01%
• 1 year: -18.47%
• 5 years: 27.25%
• 10 years: 1.02%
• Sector: Materials
• Industry: Specialty Chemicals

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

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

135% more call options, than puts

Call options by funds: $21.6M | Put options by funds: $9.19M

33% more funds holding in top 10

Funds holding in top 10: 3 [Q3] → 4 (+1) [Q4]

11% more repeat investments, than reductions

Existing positions increased: 283 | Existing positions reduced: 254

4.2% more ownership

Funds ownership: 85.23% [Q3] → 89.43% (+4.2%) [Q4]

8% more first-time investments, than exits

New positions opened: 110 | Existing positions closed: 102

1% less funds holding

Funds holding: 770 [Q3] → 765 (-5) [Q4]

14% less capital invested

Capital invested by funds: $11.1B [Q3] → $9.61B (-$1.54B) [Q4]

Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $76 1% downside
• Avg. target: $98 28% upside
• High target: $115 49% upside

11 analyst ratings

• positive: 6 55%
• neutral: 5 45%
• negative: 0 0%

Barclays Michael Leithead 29% 1-year accuracy 6 / 21 met price target	10% upside $85	Equal-Weight Maintained	29 Apr 2025
Goldman Sachs Duffy Fischer 43% 1-year accuracy 9 / 21 met price target	13% upside $87	Neutral Maintained	28 Apr 2025
Keybanc Aleksey Yefremov 29% 1-year accuracy 32 / 111 met price target	38% upside $106	Overweight Maintained	28 Apr 2025
Morgan Stanley Vincent Andrews 40% 1-year accuracy 4 / 10 met price target	49% upside $115	Overweight Maintained	28 Apr 2025
JP Morgan Jeffrey Zekaukas 50% 1-year accuracy 1 / 2 met price target	1% downside $76	Neutral Downgraded	28 Apr 2025