Eastman Chemical (EMN)

• Market cap: $10.3B
• 1 day: -0.50%
• 5 days: -2.30%
• 1 month: -7.19%
• 3 months: -0.96%
• 6 months: -20.75%
• Year to date: -0.96%
• 1 year: -12.59%
• 5 years: 92.64%
• 10 years: 28.55%
• 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: $21.6M | 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

3.63% more ownership

Funds ownership: 86.55% [Q3] → 90.19% (+3.63%) [Q4]

7% more first-time investments, than exits

New positions opened: 109 | Existing positions closed: 102

1% less funds holding

Funds holding: 770 [Q3] → 764 (-6) [Q4]

14% less capital invested

Capital invested by funds: $11.3B [Q3] → $9.69B (-$1.63B) [Q4]

Research analyst outlook

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

• Low target: $103 17% upside
• Avg. target: $113 28% upside
• High target: $128 46% upside

7 analyst ratings

• positive: 4 57%
• neutral: 3 43%
• negative: 0 0%

Piper Sandler Charles Neivert 31% 1-year accuracy 12 / 39 met price target	20% upside $105	Neutral Maintained	13 Feb 2025
RBC Capital Arun Viswanathan 15% 1-year accuracy 10 / 66 met price target	17% upside $103	Sector Perform Maintained	4 Feb 2025
JP Morgan Jeffrey Zekaukas 50% 1-year accuracy 1 / 2 met price target	28% upside $112	Overweight Maintained	3 Feb 2025
Barclays Michael Leithead 32% 1-year accuracy 6 / 19 met price target	23% upside $108	Equal-Weight Maintained	3 Feb 2025
Keybanc Aleksey Yefremov 28% 1-year accuracy 31 / 112 met price target	46% upside $128	Overweight Maintained	3 Feb 2025