Eastman Chemical (EMN)

• Market cap: $11.6B
• 1 day: -1.83%
• 5 days: -3.28%
• 1 month: 4.60%
• 3 months: -4.71%
• 6 months: -0.31%
• Year to date: 11.52%
• 1 year: 15.18%
• 5 years: 34.13%
• 10 years: 30.07%
• Sector: Materials
• Industry: Plastic Materials, Synthetic Resins & Nonvulcan Elastomers

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 filings by fund managers ($100M+ AUM)

135% more call options, than puts

Call options by funds: $21.5M | Put options by funds: $9.14M

33% more funds holding in top 10

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

12% more repeat investments, than reductions

Existing positions increased: 279 | Existing positions reduced: 250

4.94% more ownership

Funds ownership: 86.12% [Q3] → 91.06% (+4.94%) [Q4]

5% more first-time investments, than exits

New positions opened: 103 | Existing positions closed: 98

3% less funds holding

Funds holding: 769 [Q3] → 745 (-24) [Q4]

15% less capital invested

Capital invested by funds: $11.3B [Q3] → $9.65B (-$1.69B) [Q4]

Research analyst outlook

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

• Low target: $103 4% upside
• Avg. target: $113 15% upside
• High target: $128 30% upside

10 analyst ratings

• positive: 5 50%
• neutral: 5 50%
• negative: 0 0%

Piper Sandler Charles Neivert 39% 1-year accuracy 17 / 44 met price target	6% upside $105	Neutral Maintained	13 Feb 2025
RBC Capital Arun Viswanathan 30% 1-year accuracy 20 / 66 met price target	4% upside $103	Sector Perform Maintained	4 Feb 2025
JP Morgan Jeffrey Zekaukas 100% 1-year accuracy 1 / 1 met price target	13% upside $112	Overweight Maintained	3 Feb 2025
Barclays Michael Leithead 55% 1-year accuracy 11 / 20 met price target	9% upside $108	Equal-Weight Maintained	3 Feb 2025
Keybanc Aleksey Yefremov 39% 1-year accuracy 45 / 116 met price target	30% upside $128	Overweight Maintained	3 Feb 2025