Eastman Chemical (NYSE:EMN) Stock Gets Price Target Cut from Royal Bank Of Canada

Posted by Brenda Bartman on Oct 16th, 2026

Eastman Chemical (NYSE:EMN – Free Report) had its price objective cut by Royal Bank Of Canada from $74.00 to $65.00 in a research report report published on Tuesday morning,Benzinga reports. They currently have a sector perform rating on the basic materials company’s stock.

Other research analysts also recently issued research reports about the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Eastman Chemical in a research note on Thursday, August 13th. UBS Group cut their price target on shares of Eastman Chemical from $92.00 to $77.00 and set a “buy” rating on the stock in a report on Monday, October 5th. Barclays started coverage on shares of Eastman Chemical in a research report on Monday. They set an “equal weight” rating and a $72.00 price target for the company. The Goldman Sachs Group restated a “neutral” rating and issued a $75.00 price objective on shares of Eastman Chemical in a report on Thursday, July 16th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $85.00 price objective on shares of Eastman Chemical in a research report on Friday, September 25th. Seven investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $76.64.

Check Out Our Latest Research Report on Eastman Chemical

Eastman Chemical Price Performance

Shares of NYSE:EMN opened at $63.79 on Tuesday. Eastman Chemical has a 1-year low of $56.11 and a 1-year high of $83.47. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.50 and a quick ratio of 0.76. The business has a fifty day moving average price of $68.74 and a 200-day moving average price of $70.79. The company has a market capitalization of $7.30 billion, a PE ratio of 16.61, a PEG ratio of 0.78 and a beta of 1.06.

Eastman Chemical (NYSE:EMN – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The basic materials company reported $1.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.82 by $0.15. The firm had revenue of $2.51 billion during the quarter, compared to analyst estimates of $2.40 billion. Eastman Chemical had a return on equity of 9.46% and a net margin of 4.99%. Eastman Chemical’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.60 EPS. Eastman Chemical has set its Q3 2026 guidance at 1.970-1.970 EPS. As a group, equities analysts expect that Eastman Chemical will post 6.41 EPS for the current fiscal year.

Eastman Chemical Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 7th. Stockholders of record on Tuesday, September 15th were issued a dividend of $0.84 per share. This represents a $3.36 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend was Tuesday, September 15th. Eastman Chemical’s dividend payout ratio (DPR) is presently 87.50%.

Institutional Trading of Eastman Chemical

A number of large investors have recently made changes to their positions in EMN. Elevation Wealth Partners LLC bought a new position in Eastman Chemical during the third quarter valued at approximately $25,000. Continuum Advisory LLC bought a new stake in Eastman Chemical in the 2nd quarter worth approximately $40,000. Altshuler Shaham Ltd grew its position in Eastman Chemical by 36.9% in the 1st quarter. Altshuler Shaham Ltd now owns 538 shares of the basic materials company’s stock worth $41,000 after purchasing an additional 145 shares during the period. Quantbot Technologies LP purchased a new stake in Eastman Chemical during the 2nd quarter valued at $44,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Eastman Chemical during the 2nd quarter valued at $46,000. 83.65% of the stock is currently owned by institutional investors.

About Eastman Chemical

(Get Free Report)

Eastman Chemical Company (NYSE: EMN) is a global specialty materials company headquartered in Kingsport, Tennessee. Founded in 1920 as a division of Eastman Kodak Company, Eastman became an independent public company in 1994. The company develops and manufactures materials used in products across the transportation, building and construction, consumer goods, medical, and personal care industries.

Eastman’s portfolio includes specialty plastics, coatings and adhesives, performance additives, advanced interlayers, films, plasticizers, fibers, and chemical intermediates.