Zacks Research Issues Optimistic Outlook for EMN Earnings

Eastman Chemical (NYSE:EMN - Free Report) - Equities researchers at Zacks Research increased their Q3 2025 earnings per share (EPS) estimates for Eastman Chemical in a research note issued to investors on Wednesday, February 12th. Zacks Research analyst R. Department now forecasts that the basic materials company will earn $2.31 per share for the quarter, up from their previous forecast of $2.29. The consensus estimate for Eastman Chemical's current full-year earnings is $8.47 per share. Zacks Research also issued estimates for Eastman Chemical's FY2025 earnings at $8.44 EPS, Q2 2026 earnings at $2.41 EPS, Q4 2026 earnings at $2.32 EPS, FY2026 earnings at $9.31 EPS and FY2027 earnings at $10.37 EPS.

Other equities analysts have also issued reports about the company. Deutsche Bank Aktiengesellschaft dropped their price target on Eastman Chemical from $115.00 to $110.00 and set a "hold" rating on the stock in a research note on Monday, November 4th. Mizuho boosted their price target on Eastman Chemical from $113.00 to $117.00 and gave the company a "neutral" rating in a research note on Tuesday, November 26th. Piper Sandler boosted their price target on Eastman Chemical from $102.00 to $105.00 and gave the company a "neutral" rating in a research note on Thursday, February 13th. Bank of America raised Eastman Chemical from a "neutral" rating to a "buy" rating and dropped their price target for the company from $115.00 to $109.00 in a research note on Tuesday, January 14th. Finally, Barclays lowered their target price on Eastman Chemical from $111.00 to $108.00 and set an "equal weight" rating on the stock in a research report on Monday, February 3rd. Six equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, Eastman Chemical currently has an average rating of "Moderate Buy" and an average target price of $114.08.

Eastman Chemical Trading Up 2.4 %

EMN traded up $2.47 during trading on Friday, hitting $103.48. The company's stock had a trading volume of 1,123,452 shares, compared to its average volume of 1,145,976. Eastman Chemical has a twelve month low of $83.72 and a twelve month high of $114.50. The company has a quick ratio of 0.78, a current ratio of 1.52 and a debt-to-equity ratio of 0.80. The stock's fifty day moving average price is $94.27 and its 200-day moving average price is $100.12. The firm has a market capitalization of $11.99 billion, a P/E ratio of 13.47, a PEG ratio of 1.24 and a beta of 1.44.

Eastman Chemical (NYSE:EMN - Get Free Report) last announced its earnings results on Thursday, January 30th. The basic materials company reported $1.87 EPS for the quarter, beating the consensus estimate of $1.60 by $0.27. Eastman Chemical had a return on equity of 16.40% and a net margin of 9.65%.

Eastman Chemical Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 7th. Shareholders of record on Friday, March 14th will be issued a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 3.21%. The ex-dividend date is Friday, March 14th. Eastman Chemical's dividend payout ratio is currently 43.23%.

Insider Activity

In other news, EVP Stephen Glenn Crawford sold 10,504 shares of the company's stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $105.00, for a total value of $1,102,920.00. Following the completion of the transaction, the executive vice president now directly owns 47,287 shares of the company's stock, valued at $4,965,135. This represents a 18.18 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Julie A. Mcalindon sold 4,456 shares of the company's stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $105.84, for a total value of $471,623.04. Following the completion of the transaction, the senior vice president now directly owns 4,403 shares of the company's stock, valued at approximately $466,013.52. This represents a 50.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.93% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Eastman Chemical

Several institutional investors and hedge funds have recently bought and sold shares of the company. Capital Research Global Investors grew its holdings in Eastman Chemical by 13.4% during the fourth quarter. Capital Research Global Investors now owns 5,886,564 shares of the basic materials company's stock valued at $537,561,000 after purchasing an additional 697,388 shares during the period. Franklin Resources Inc. grew its holdings in Eastman Chemical by 10.8% during the fourth quarter. Franklin Resources Inc. now owns 5,785,259 shares of the basic materials company's stock valued at $528,310,000 after purchasing an additional 565,821 shares during the period. State Street Corp lifted its position in shares of Eastman Chemical by 1.4% during the third quarter. State Street Corp now owns 5,285,230 shares of the basic materials company's stock worth $595,820,000 after acquiring an additional 70,692 shares in the last quarter. Invesco Ltd. lifted its position in shares of Eastman Chemical by 11.1% during the fourth quarter. Invesco Ltd. now owns 2,844,165 shares of the basic materials company's stock worth $259,729,000 after acquiring an additional 284,271 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of Eastman Chemical by 4.0% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,843,506 shares of the basic materials company's stock worth $259,669,000 after acquiring an additional 109,316 shares in the last quarter. 83.65% of the stock is owned by institutional investors.

About Eastman Chemical

Eastman Chemical Company operates as a specialty materials company in the United States, China, and internationally. The company's Additives & Functional Products segment offers amine derivative-based building blocks, intermediates for surfactants, metam-based soil fumigants, and organic acid-based solutions; specialty coalescent and solvents, paint additives, and specialty polymers; and heat transfer and aviation fluids.