UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Cuts Stake in Eastman Chemical Company $EMN

Posted by Francis Steltz on Sep 6th, 2026

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its stake in shares of Eastman Chemical Company (NYSE:EMN – Free Report) by 3.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 233,945 shares of the basic materials company’s stock after selling 7,534 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Eastman Chemical were worth $15,670,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Wall Street Analyst Weigh In

A number of research firms recently commented on EMN. UBS Group boosted their target price on Eastman Chemical from $89.00 to $92.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Citigroup decreased their price objective on Eastman Chemical from $85.00 to $81.00 and set a “buy” rating on the stock in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $74.00 target price on shares of Eastman Chemical in a report on Monday, August 3rd. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $75.00 price target on shares of Eastman Chemical in a research note on Thursday, July 16th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Eastman Chemical in a research report on Thursday, August 13th. Seven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $79.17.

Read Our Latest Research Report on Eastman Chemical

Eastman Chemical Stock Performance

NYSE:EMN opened at $71.15 on Friday. The firm has a market capitalization of $8.14 billion, a PE ratio of 18.53, a PEG ratio of 0.87 and a beta of 1.07. The stock’s fifty day moving average is $70.60 and its 200 day moving average is $72.25. Eastman Chemical Company has a fifty-two week low of $56.11 and a fifty-two week high of $83.47. 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 (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, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $2.40 billion. During the same period in the previous year, the firm earned $1.60 earnings per share. Eastman Chemical’s quarterly revenue was up 9.9% compared to the same quarter last year. Eastman Chemical has set its Q3 2026 guidance at 1.970-1.970 EPS. On average, sell-side analysts anticipate that Eastman Chemical Company will post 6.5 earnings per share for the current year.

Eastman Chemical Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Investors of record on Tuesday, September 15th will be issued a dividend of $0.84 per share. This represents a $3.36 annualized dividend and a yield of 4.7%. The ex-dividend date is Tuesday, September 15th. Eastman Chemical’s dividend payout ratio is presently 87.50%.

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.