Todd Asset Management LLC Has $23.20 Million Stake in Eastman Chemical Company $EMN

Todd Asset Management LLC reduced its holdings in Eastman Chemical Company (NYSE:EMN) by 14.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 367,967 shares of the basic materials company’s stock after selling 61,773 shares during the quarter. Todd Asset Management LLC owned about 0.32% of Eastman Chemical worth $23,200,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. MUFG Securities EMEA plc acquired a new stake in Eastman Chemical in the 2nd quarter valued at approximately $25,000. Loomis Sayles & Co. L P bought a new stake in shares of Eastman Chemical in the second quarter valued at approximately $33,000. Financial Consulate Inc. acquired a new stake in shares of Eastman Chemical in the third quarter worth $42,000. Heartwood Wealth Advisors LLC bought a new position in Eastman Chemical during the third quarter worth $44,000. Finally, Mitsubishi UFJ Trust & Banking Corp acquired a new position in Eastman Chemical during the 3rd quarter valued at $49,000. Institutional investors and hedge funds own 83.65% of the company’s stock.

Eastman Chemical News Roundup

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

• Positive Sentiment: Board announced a quarterly dividend of $0.84 per share (record Mar 13, payable Apr 8), implying about a 4.2% yield — supports income investors and can underpin the share price.
• Positive Sentiment: Significant insider buying: multiple executives (including CEO Mark Costa) purchased shares in the past six months, which investors often read as management confidence in the business.
• Positive Sentiment: Large institutional buying: BlackRock added ~5.75M shares (+72%) in Q4 2025 — heavy buying from a major fund can provide price support and liquidity.
• Neutral Sentiment: Analyst coverage is mixed-but-tilted-positive: several firms carry Buy/Overweight ratings (KeyBanc, Citi, UBS, Wells Fargo), but price targets vary and the median target (~$72.50) is below recent trading levels, signalling differing views on near-term upside/ downside.
• Negative Sentiment: Q4 2025 results were weak: revenue $1.97B (down ~12% YoY), gross profit and operating profit plunged, net income fell ~68% YoY and diluted EPS declined ~67% YoY to $0.92. Cash and cash equivalents declined ~32% YoY to $566M. These marked declines help explain downside pressure on the stock. Q4 2025 Earnings
• Negative Sentiment: Zacks Research has trimmed multiple near‑term and multi‑year EPS forecasts (FY2026 cut to $5.89, FY2027 to $6.73) and reduced several quarterly estimates — lowers Street expectations and could lead to renewed analyst target/ guidance pressure.

Eastman Chemical Trading Up 0.2%

Shares of EMN opened at $79.97 on Monday. The company has a current ratio of 1.76, a quick ratio of 0.86 and a debt-to-equity ratio of 0.82. The stock has a market cap of $9.12 billion, a PE ratio of 19.55, a PEG ratio of 1.76 and a beta of 1.23. Eastman Chemical Company has a 1 year low of $56.11 and a 1 year high of $103.82. The stock has a 50 day simple moving average of $68.40 and a 200-day simple moving average of $65.04.

Eastman Chemical (NYSE:EMN) last announced its quarterly earnings results on Thursday, January 29th. The basic materials company reported $0.75 EPS for the quarter, missing the consensus estimate of $0.76 by ($0.01). Eastman Chemical had a net margin of 5.42% and a return on equity of 10.63%. The company had revenue of $1.97 billion during the quarter, compared to analyst estimates of $2.03 billion. During the same period in the prior year, the firm earned $1.87 EPS. Eastman Chemical’s quarterly revenue was down 12.1% compared to the same quarter last year. On average, sell-side analysts predict that Eastman Chemical Company will post 8.55 EPS for the current fiscal year.

Eastman Chemical Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Friday, March 13th will be given a dividend of $0.84 per share. The ex-dividend date is Friday, March 13th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 4.2%. Eastman Chemical’s dividend payout ratio (DPR) is 82.15%.

Wall Street Analyst Weigh In

Several analysts have issued reports on EMN shares. JPMorgan Chase & Co. raised their price target on shares of Eastman Chemical from $60.00 to $70.00 and gave the stock an “overweight” rating in a research report on Monday, February 2nd. Royal Bank Of Canada reissued a “sector perform” rating and set a $79.00 target price on shares of Eastman Chemical in a research report on Wednesday, February 4th. UBS Group cut their price target on Eastman Chemical from $75.00 to $73.00 and set a “buy” rating for the company in a report on Wednesday, November 5th. Citigroup lifted their price objective on Eastman Chemical from $75.00 to $78.00 and gave the stock a “buy” rating in a report on Tuesday, February 3rd. Finally, Wells Fargo & Company restated an “equal weight” rating and issued a $70.00 target price on shares of Eastman Chemical in a research note on Friday, December 19th. Seven equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $78.86.

About Eastman Chemical

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.