Rep. Lisa C. McClain Sells Eastman Chemical Company (NYSE:EMN) Shares

Representative Lisa C. McClain (R-Michigan) recently sold shares of Eastman Chemical Company (NYSE:EMN). In a filing disclosed on September 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Eastman Chemical stock on August 4th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $50,001 – $100,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 8/28/2025.
• Purchased $1,001 – $15,000 in shares of ACI Worldwide (NASDAQ:ACIW) on 8/19/2025.
• Purchased $1,001 – $15,000 in shares of HCA Healthcare (NYSE:HCA) on 8/19/2025.
• Sold $1,001 – $15,000 in shares of Amedisys (NASDAQ:AMED) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of Kite Realty Group Trust (NYSE:KRG) on 8/13/2025.
• Sold $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 8/13/2025.
• Purchased $1,001 – $15,000 in shares of JD.com (NASDAQ:JD) on 8/13/2025.
• Sold $1,001 – $15,000 in shares of Trade Desk (NASDAQ:TTD) on 8/13/2025.
• Sold $1,001 – $15,000 in shares of US Foods (NYSE:USFD) on 8/13/2025.
• Purchased $1,001 – $15,000 in shares of Agree Realty (NYSE:ADC) on 8/13/2025.

Eastman Chemical Stock Performance

EMN stock opened at $65.13 on Monday. The company has a quick ratio of 0.78, a current ratio of 1.68 and a debt-to-equity ratio of 0.81. The business’s fifty day simple moving average is $69.14 and its two-hundred day simple moving average is $76.81. Eastman Chemical Company has a twelve month low of $56.78 and a twelve month high of $114.50. The firm has a market cap of $7.48 billion, a price-to-earnings ratio of 9.15, a PEG ratio of 6.27 and a beta of 1.26.

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

Eastman Chemical Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 7th. Shareholders of record on Monday, September 15th will be paid a $0.83 dividend. The ex-dividend date is Monday, September 15th. This represents a $3.32 dividend on an annualized basis and a yield of 5.1%. Eastman Chemical’s dividend payout ratio (DPR) is presently 46.63%.

Institutional Investors Weigh In On Eastman Chemical

Institutional investors have recently added to or reduced their stakes in the business. MUFG Securities EMEA plc acquired a new stake in Eastman Chemical in the second quarter worth about $25,000. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Eastman Chemical by 65.5% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 369 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 146 shares during the period. Ameritas Advisory Services LLC acquired a new stake in shares of Eastman Chemical during the second quarter worth about $32,000. National Pension Service lifted its holdings in shares of Eastman Chemical by 75.3% during the first 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. Finally, Loomis Sayles & Co. L P acquired a new stake in shares of Eastman Chemical during the second quarter worth about $33,000. Institutional investors and hedge funds own 83.65% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. UBS Group reduced their target price on Eastman Chemical from $107.00 to $101.00 and set a “buy” rating on the stock in a research note on Wednesday, July 9th. Citigroup cut their price target on Eastman Chemical from $90.00 to $68.00 and set a “buy” rating on the stock in a research note on Monday, August 4th. The Goldman Sachs Group cut their price target on Eastman Chemical from $87.00 to $65.00 and set a “neutral” rating on the stock in a research note on Thursday, August 7th. Royal Bank Of Canada cut their price target on Eastman Chemical from $91.00 to $74.00 and set an “outperform” rating on the stock in a research note on Tuesday, August 5th. Finally, Wells Fargo & Company raised their price target on Eastman Chemical from $70.00 to $80.00 and gave the company an “overweight” rating in a research note on Tuesday, September 16th. Eight equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $87.77.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About Eastman Chemical

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.