Nisa Investment Advisors LLC Acquires 10,813 Shares of Eastman Chemical Company $EMN

Nisa Investment Advisors LLC grew its holdings in shares of Eastman Chemical Company (NYSE:EMN) by 19.2% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 67,112 shares of the basic materials company’s stock after purchasing an additional 10,813 shares during the quarter. Nisa Investment Advisors LLC owned about 0.06% of Eastman Chemical worth $5,066,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB boosted its holdings in Eastman Chemical by 65.5% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 369 shares of the basic materials company’s stock worth $28,000 after buying an additional 146 shares during the period. Ameritas Advisory Services LLC bought a new position in shares of Eastman Chemical in the second quarter worth $32,000. National Pension Service boosted its stake in Eastman Chemical by 75.3% in the 1st quarter. National Pension Service now owns 433 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 186 shares during the period. TD Private Client Wealth LLC boosted its stake in Eastman Chemical by 46.4% in the 1st quarter. TD Private Client Wealth LLC now owns 536 shares of the basic materials company’s stock worth $47,000 after purchasing an additional 170 shares during the period. Finally, Wayfinding Financial LLC bought a new position in Eastman Chemical in the 1st quarter worth about $50,000. 83.65% of the stock is owned by institutional investors.

Eastman Chemical Stock Performance

NYSE EMN opened at $63.30 on Wednesday. Eastman Chemical Company has a 52-week low of $56.78 and a 52-week high of $107.50. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.78 and a current ratio of 1.68. The company has a market capitalization of $7.27 billion, a P/E ratio of 8.89, a P/E/G ratio of 6.43 and a beta of 1.29. The company has a fifty day moving average of $64.74 and a 200-day moving average of $72.20.

Eastman Chemical (NYSE:EMN) last issued its quarterly earnings results on Thursday, July 31st. The basic materials company reported $1.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.72 by ($0.12). The firm had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.32 billion. Eastman Chemical had a return on equity of 15.24% and a net margin of 8.96%.The company’s revenue for the quarter was down 3.2% on a year-over-year basis. During the same period last year, the firm earned $2.15 EPS. Eastman Chemical has set its Q3 2025 guidance at 1.250-1.250 EPS. As a group, equities research analysts predict that Eastman Chemical Company will post 8.55 EPS for the current fiscal year.

Eastman Chemical Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 7th. Stockholders of record on Monday, September 15th were paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date of this dividend was Monday, September 15th. Eastman Chemical’s payout ratio is 46.63%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on EMN shares. UBS Group cut their price objective on shares of Eastman Chemical from $86.00 to $75.00 and set a “buy” rating for the company in a research report on Monday, October 6th. Bank of America cut their price target on shares of Eastman Chemical from $78.00 to $74.00 and set a “buy” rating for the company in a report on Tuesday, October 14th. KeyCorp set a $79.00 price target on shares of Eastman Chemical and gave the company an “overweight” rating in a report on Monday, August 4th. Mizuho cut their price target on shares of Eastman Chemical from $80.00 to $75.00 and set an “outperform” rating for the company in a report on Friday, October 3rd. Finally, Citigroup lifted their price objective on Eastman Chemical from $68.00 to $70.00 and gave the company a “buy” rating in a research note on Thursday, October 2nd. Eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $82.62.

Eastman Chemical Profile

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.