Eastman Chemical
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
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Keybanc Aleksey Yefremov 24% 1-year accuracy 27 / 111 met price target | 52%upside $120 | Overweight Maintained | 14 Apr 2025 |
Wells Fargo Michael Sison 23% 1-year accuracy 12 / 53 met price target | 14%upside $90 | Overweight Maintained | 9 Apr 2025 |
UBS Joshua Spector 21% 1-year accuracy 11 / 52 met price target | 46%upside $115 | Buy Maintained | 7 Apr 2025 |
Piper Sandler Charles Neivert 36% 1-year accuracy 14 / 39 met price target | 26%upside $99 | Neutral Maintained | 7 Apr 2025 |
Citigroup Patrick Cunningham 29% 1-year accuracy 10 / 35 met price target | 28%upside $101 | Buy Upgraded | 4 Apr 2025 |
Financial journalist opinion
Based on 8 articles about EMN published over the past 30 days
