PFA Pension Forsikringsaktieselskab Takes Position in Eastman Chemical Company $EMN

Key Points

• PFA Pension Forsikringsaktieselskab initiated a new position in Eastman Chemical, acquiring 619,098 shares worth about $39.8 million, or roughly 0.54% of the company.
• Eastman posted a slight Q1 EPS beat of $1.09 versus $1.07 and, despite a ~4.9% year‑over‑year revenue decline, raised Q2 guidance to $1.70–$1.90, fueling a ~5.8% stock rally.
• Institutional ownership is high at 83.65% with major stake increases from State Street, Dimensional and Allspring, while analysts remain mixed—consensus is a Hold with an average price target of $77.27.

PFA Pension Forsikringsaktieselskab purchased a new stake in Eastman Chemical Company (NYSE:EMN - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 619,098 shares of the basic materials company's stock, valued at approximately $39,827,000. PFA Pension Forsikringsaktieselskab owned about 0.54% of Eastman Chemical at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the company. State Street Corp increased its holdings in shares of Eastman Chemical by 24.3% in the 3rd quarter. State Street Corp now owns 5,687,097 shares of the basic materials company's stock valued at $363,314,000 after acquiring an additional 1,112,391 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Eastman Chemical by 14.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 4,052,656 shares of the basic materials company's stock valued at $255,515,000 after acquiring an additional 509,290 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Eastman Chemical by 6.1% in the 2nd quarter. Bank of America Corp DE now owns 2,476,677 shares of the basic materials company's stock valued at $184,909,000 after acquiring an additional 143,323 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of Eastman Chemical by 97.0% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,859,998 shares of the basic materials company's stock valued at $119,672,000 after acquiring an additional 916,023 shares during the last quarter. Finally, LSV Asset Management grew its stake in Eastman Chemical by 5.3% during the 3rd quarter. LSV Asset Management now owns 1,265,629 shares of the basic materials company's stock worth $79,798,000 after buying an additional 64,147 shares during the last quarter. 83.65% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Bank of America upped their price objective on Eastman Chemical from $74.00 to $79.00 and gave the stock a "buy" rating in a research note on Monday, February 2nd. JPMorgan Chase & Co. upgraded Eastman Chemical from a "neutral" rating to an "overweight" rating and upped their price objective for the stock from $70.00 to $80.00 in a research note on Tuesday, April 14th. Citigroup lowered their price objective on Eastman Chemical from $84.00 to $83.00 and set a "buy" rating for the company in a research note on Thursday, April 16th. Deutsche Bank Aktiengesellschaft upped their price objective on Eastman Chemical from $64.00 to $72.00 and gave the stock a "hold" rating in a research note on Monday, February 2nd. Finally, KeyCorp restated an "overweight" rating on shares of Eastman Chemical in a research note on Monday, February 2nd. Six research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, Eastman Chemical presently has an average rating of "Hold" and a consensus price target of $77.27.

Eastman Chemical News Summary

Here are the key news stories impacting Eastman Chemical this week:

• Positive Sentiment: Q1 EPS beat: Eastman reported $1.09 EPS vs. consensus $1.07, a small upside that helped reassure investors that margins and pricing actions are holding. Eastman Chemical (EMN) Q1 Earnings Surpass Estimates
• Positive Sentiment: Raised Q2 guidance: Management set Q2 2026 EPS guidance of $1.70–$1.90 versus a consensus ~$1.67, signaling confidence in near-term pricing, product mix and Chemical Intermediates strength. This outlook likely drove buying interest. Company Guidance Announcement
• Positive Sentiment: Pricing & portfolio tailwinds: Analysts and the company highlighted pricing actions and strength in Chemical Intermediates as offsetting weaker demand — a thematic driver for sentiment improvement. EMN Q1 Earnings Beat Estimates, Revenues Miss on Lower Y/Y Volume
• Neutral Sentiment: Management commentary and materials available: The full earnings call transcript, slide deck and press release provide additional color on costs, cash flow and segment performance for investors doing deeper due diligence. Eastman Chemical Company (EMN) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Top-line vs. estimates: Revenue was $2.18B vs. ~$2.17B expected — essentially in line, but details by end market matter for investors assessing cyclicality. MarketBeat Q1 Coverage
• Negative Sentiment: Volume and YoY profit decline: Revenue fell ~4.9% YoY and Q1 EPS declined sharply from $1.91 a year ago to $1.09, reflecting weaker volumes and prior-year comparisons — a residual headwind to valuation until growth visibly returns. Eastman Chemical: Q1 Earnings Snapshot

Eastman Chemical Trading Up 5.8%

NYSE:EMN opened at $77.35 on Friday. Eastman Chemical Company has a 1 year low of $56.11 and a 1 year high of $84.18. The stock has a market cap of $8.83 billion, a price-to-earnings ratio of 22.42, a PEG ratio of 1.05 and a beta of 1.04. The business has a fifty day moving average of $72.58 and a 200-day moving average of $68.06. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.63 and a current ratio of 1.37.

Eastman Chemical (NYSE:EMN - Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The basic materials company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.02. Eastman Chemical had a return on equity of 8.94% and a net margin of 4.62%.The company had revenue of $2.18 billion during the quarter, compared to analysts' expectations of $2.17 billion. During the same quarter in the prior year, the business posted $1.91 earnings per share. The company's revenue for the quarter was down 4.9% compared to the same quarter last year. Eastman Chemical has set its Q2 2026 guidance at 1.700-1.900 EPS. Equities analysts predict that Eastman Chemical Company will post 5.85 earnings per share for the current year.

Eastman Chemical Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Stockholders of record on Friday, March 13th were paid a $0.84 dividend. The ex-dividend date of this dividend was Friday, March 13th. This represents a $3.36 annualized dividend and a dividend yield of 4.3%. Eastman Chemical's dividend payout ratio is presently 82.15%.

Eastman Chemical Profile

Eastman Chemical Company NYSE: EMN is a global specialty materials company that develops, manufactures and markets a broad range of advanced materials, chemicals and fibers. Its product portfolio spans performance additives, functional products, and engineered plastics designed to enhance the durability, appearance and performance of end products across diverse industries.

The company's main business activities include the production of specialty chemicals used in adhesives, coatings, building materials and consumer care applications, as well as high-performance plastics for packaging, automotive and electronics markets.

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