EFG International AG Purchases New Position in Eastman Chemical Company $EMN

Posted by George Bondi on Aug 27th, 2026

EFG International AG acquired a new position in shares of Eastman Chemical Company (NYSE:EMN – Free Report) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 21,311 shares of the basic materials company’s stock, valued at approximately $1,428,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. MUFG Securities EMEA plc bought a new stake in shares of Eastman Chemical during the second quarter worth $25,000. Altshuler Shaham Ltd acquired a new position in shares of Eastman Chemical during the fourth quarter worth $25,000. Garton & Associates Financial Advisors LLC bought a new position in shares of Eastman Chemical in the 4th quarter valued at $27,000. Los Angeles Capital Management LLC bought a new position in shares of Eastman Chemical in the 4th quarter valued at $27,000. Finally, McMillan Office Inc. acquired a new stake in shares of Eastman Chemical during the 4th quarter valued at $29,000. Institutional investors own 83.65% of the company’s stock.

Eastman Chemical Stock Up 1.0%

Eastman Chemical stock opened at $72.77 on Thursday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.50. Eastman Chemical Company has a 52-week low of $56.11 and a 52-week high of $83.47. The firm has a 50 day moving average price of $70.50 and a two-hundred day moving average price of $72.58. The firm has a market cap of $8.32 billion, a price-to-earnings ratio of 18.95, a PEG ratio of 0.88 and a beta of 1.06.

Eastman Chemical (NYSE:EMN – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The basic materials company reported $1.97 EPS for the quarter, beating analysts’ consensus estimates of $1.82 by $0.15. Eastman Chemical had a net margin of 4.99% and a return on equity of 9.46%. The company had revenue of $2.51 billion for the quarter, compared to analyst estimates of $2.40 billion. During the same period in the prior year, the firm posted $1.60 EPS. The company’s quarterly revenue was up 9.9% on a year-over-year basis. Eastman Chemical has set its Q3 2026 guidance at 1.970-1.970 EPS. Equities analysts predict that Eastman Chemical Company will post 6.5 EPS for the current year.

Eastman Chemical Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.84 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $3.36 dividend on an annualized basis and a yield of 4.6%. Eastman Chemical’s dividend payout ratio is 87.50%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on EMN shares. Morgan Stanley reduced their price objective on Eastman Chemical from $83.00 to $79.00 and set an “overweight” rating on the stock in a research report on Thursday, July 2nd. The Goldman Sachs Group reiterated a “neutral” rating and issued a $75.00 target price on shares of Eastman Chemical in a research report on Thursday, July 16th. Royal Bank Of Canada lifted their price target on Eastman Chemical from $69.00 to $74.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 5th. Citigroup reduced their price target on Eastman Chemical from $85.00 to $81.00 and set a “buy” rating on the stock in a report on Monday, August 3rd. Finally, UBS Group upped their price objective on Eastman Chemical from $89.00 to $92.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. Seven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, Eastman Chemical has an average rating of “Moderate Buy” and an average price target of $79.17.

Get Our Latest Stock Analysis on Eastman Chemical

Eastman Chemical Profile

(Free Report)

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.