Eastman Chemical (EMN) News Today

Eastman Chemical (NYSE:EMN - Get Free Report) announced its earnings results on Thursday. The basic materials company reported $2.15 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.99 by $0.16. The company had revenue of $2.36 billion during the quarter, compared to analysts' expectations of $2.36 billion. Eastman Chemical had a net margin of 10.16% and a return on equity of 13.84%. The firm's quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.99 earnings per share.

Mizuho lifted their target price on Eastman Chemical from $102.00 to $107.00 and gave the stock a "neutral" rating in a report on Friday.

Natixis lifted its position in shares of Eastman Chemical (NYSE:EMN - Free Report) by 425.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,679 shares of the basic materials company's stock af

UniSuper Management Pty Ltd lifted its position in shares of Eastman Chemical (NYSE:EMN - Free Report) by 584.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,517 shares of the basic materials company's stock af

Vanguard Group Inc. lessened its position in Eastman Chemical (NYSE:EMN - Free Report) by 0.2% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,810,405 shares of the basic materials company's stock after selling 29,318 shares during

Russell Investments Group Ltd. lowered its stake in shares of Eastman Chemical (NYSE:EMN - Free Report) by 32.3% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 94,435 shares of the basic materials company's stock after selling 45,155 shares during the per

Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Eastman Chemical (NYSE:EMN - Free Report) by 23.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 149,740 shares of the basic materials company's

QRG Capital Management Inc. boosted its stake in Eastman Chemical (NYSE:EMN - Free Report) by 78.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,105 shares of the basic materials comp

Sei Investments Co. raised its stake in shares of Eastman Chemical (NYSE:EMN - Free Report) by 5.0% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 790,192 shares of the basic materials company's stock after buying an additional 37,343 shares during the pe

Susquehanna Fundamental Investments LLC bought a new position in Eastman Chemical (NYSE:EMN - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 79,417 shares of the basic materials company's stock

Mirae Asset Global Investments Co. Ltd. reduced its position in Eastman Chemical (NYSE:EMN - Free Report) by 33.2% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 27,347 shares of the basic materials company's stock after selling 13,572 shares during the period.

LSV Asset Management trimmed its position in Eastman Chemical (NYSE:EMN - Free Report) by 2.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,659,450 shares of the basic materials company's stock after selling 40,800 shares during the

Sumitomo Mitsui Trust Holdings Inc. raised its position in shares of Eastman Chemical (NYSE:EMN - Free Report) by 4.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 340,783 shares of the basic mater

Van ECK Associates Corp boosted its holdings in shares of Eastman Chemical (NYSE:EMN - Free Report) by 31.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 48,276 shares of the basic materials company's s

Eastman Chemical (NYSE:EMN - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the sixteen ratings firms that are presently covering the company, MarketBeat reports. Six analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on

Brookstone Capital Management decreased its position in Eastman Chemical (NYSE:EMN - Free Report) by 27.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 108,431 shares of the basic materials comp

Citigroup lowered their price objective on Eastman Chemical from $114.00 to $111.00 and set a "buy" rating on the stock in a research report on Thursday.

CHURCHILL MANAGEMENT Corp bought a new stake in Eastman Chemical (NYSE:EMN - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 16,769 shares of the basic materials company's stock, valued at approxi

BTC Capital Management Inc. purchased a new position in shares of Eastman Chemical (NYSE:EMN - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 16,584 shares of the basic materials company

StockNews.com cut shares of Eastman Chemical from a "buy" rating to a "hold" rating in a report on Thursday.

Vanguard Group Inc. boosted its stake in Eastman Chemical (NYSE:EMN - Free Report) by 0.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,839,723 shares of the basic materials company's stock after purchasing an additional 61,580 shares

Quadrature Capital Ltd lifted its position in Eastman Chemical (NYSE:EMN - Free Report) by 52.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,899 shares of the basic materials

Healthcare of Ontario Pension Plan Trust Fund bought a new stake in Eastman Chemical (NYSE:EMN - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 31,217 shares of the basic material

Teachers Retirement System of The State of Kentucky decreased its position in Eastman Chemical (NYSE:EMN - Free Report) by 32.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 133,997 shares of th

Integrated Advisors Network LLC bought a new stake in Eastman Chemical (NYSE:EMN - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 34,587 shares of the basic materials company's stock, valued at a

Putnam Investments LLC boosted its holdings in Eastman Chemical (NYSE:EMN - Free Report) by 4.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,355,408 shares of the basic materials company's stock aft

Invenomic Capital Management LP cut its position in Eastman Chemical (NYSE:EMN - Free Report) by 17.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 126,267 shares of the basic materials company's stock after selling 27,175 shares during the pe

Albar Capital Ltd acquired a new stake in shares of Eastman Chemical (NYSE:EMN - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 85,624 shares of the basic materials company's stock, valued at

Stifel Financial Corp reduced its position in shares of Eastman Chemical (NYSE:EMN - Free Report) by 19.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 69,299 shares of the basic materials company's stock afte

Shares of Eastman Chemical (NYSE:EMN - Get Free Report) have been given an average recommendation of "Moderate Buy" by the sixteen analysts that are covering the stock, Marketbeat.com reports. Six analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company.

Eastman Chemical (NYSE:EMN) Sets New 12-Month High at $102.97

Capital Research Global Investors purchased a new position in shares of Eastman Chemical (NYSE:EMN - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 601,726 shares of the basic materials company's stock, valued

Eastman Chemical (NYSE:EMN - Get Free Report) SVP Adrian James Holt sold 1,975 shares of the business's stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $99.22, for a total value of $195,959.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Bank of Nova Scotia boosted its position in Eastman Chemical (NYSE:EMN - Free Report) by 306.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 128,589 shares of the basic materials company's stock after pu

Hsbc Holdings PLC grew its stake in Eastman Chemical (NYSE:EMN - Free Report) by 7.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 198,298 shares of the basic materials company's stock after acquirin

Eagle Asset Management Inc. decreased its stake in Eastman Chemical (NYSE:EMN - Free Report) by 3.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 860,760 shares of the basic materials company's stock after sel

Wells Fargo & Company MN cut its holdings in Eastman Chemical (NYSE:EMN - Free Report) by 12.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 220,381 shares of the basic materials company's stock after selling

Janney Montgomery Scott LLC lowered its stake in Eastman Chemical (NYSE:EMN - Free Report) by 51.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 21,772 shares of the basic materials company's stock after selling 23,234 shares during the

Corient Private Wealth LLC raised its holdings in Eastman Chemical (NYSE:EMN - Free Report) by 96.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 99,210 shares of the basic materials company's stock after acquiring an additional 48,762 s