Cherokee Insurance Co Has $4.56 Million Stock Position in Eastman Chemical Company $EMN

Cherokee Insurance Co grew its position in Eastman Chemical Company (NYSE:EMN) by 10.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 72,300 shares of the basic materials company’s stock after purchasing an additional 7,000 shares during the period. Eastman Chemical comprises about 2.0% of Cherokee Insurance Co’s holdings, making the stock its 15th largest position. Cherokee Insurance Co owned approximately 0.06% of Eastman Chemical worth $4,559,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in EMN. MUFG Securities EMEA plc acquired a new position in Eastman Chemical in the second quarter worth approximately $25,000. Loomis Sayles & Co. L P acquired a new position in shares of Eastman Chemical during the 2nd quarter worth $33,000. Financial Consulate Inc. bought a new position in shares of Eastman Chemical during the 3rd quarter valued at $42,000. Heartwood Wealth Advisors LLC acquired a new stake in shares of Eastman Chemical in the 3rd quarter valued at $44,000. Finally, Mitsubishi UFJ Trust & Banking Corp bought a new stake in Eastman Chemical in the third quarter worth $49,000. 83.65% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Eastman Chemical

Here are the key news stories impacting Eastman Chemical this week:

• Positive Sentiment: Board announced a quarterly dividend of $0.84 per share (record Mar 13, payable Apr 8), implying about a 4.2% yield — supports income investors and can underpin the share price.
• Positive Sentiment: Significant insider buying: multiple executives (including CEO Mark Costa) purchased shares in the past six months, which investors often read as management confidence in the business.
• Positive Sentiment: Large institutional buying: BlackRock added ~5.75M shares (+72%) in Q4 2025 — heavy buying from a major fund can provide price support and liquidity.
• Neutral Sentiment: Analyst coverage is mixed-but-tilted-positive: several firms carry Buy/Overweight ratings (KeyBanc, Citi, UBS, Wells Fargo), but price targets vary and the median target (~$72.50) is below recent trading levels, signalling differing views on near-term upside/ downside.
• Negative Sentiment: Q4 2025 results were weak: revenue $1.97B (down ~12% YoY), gross profit and operating profit plunged, net income fell ~68% YoY and diluted EPS declined ~67% YoY to $0.92. Cash and cash equivalents declined ~32% YoY to $566M. These marked declines help explain downside pressure on the stock. Q4 2025 Earnings
• Negative Sentiment: Zacks Research has trimmed multiple near‑term and multi‑year EPS forecasts (FY2026 cut to $5.89, FY2027 to $6.73) and reduced several quarterly estimates — lowers Street expectations and could lead to renewed analyst target/ guidance pressure.

Eastman Chemical Price Performance

Shares of EMN stock opened at $79.97 on Friday. Eastman Chemical Company has a 12 month low of $56.11 and a 12 month high of $103.82. The company has a market capitalization of $9.12 billion, a P/E ratio of 19.55, a P/E/G ratio of 1.76 and a beta of 1.23. The stock has a 50 day moving average of $68.40 and a two-hundred day moving average of $65.10. The company has a current ratio of 1.76, a quick ratio of 0.86 and a debt-to-equity ratio of 0.82.

Eastman Chemical (NYSE:EMN) last released its quarterly earnings data on Thursday, January 29th. The basic materials company reported $0.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.01). The firm had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $2.03 billion. Eastman Chemical had a net margin of 5.42% and a return on equity of 10.63%. The business’s revenue for the quarter was down 12.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.87 earnings per share. As a group, equities analysts expect that Eastman Chemical Company will post 8.55 EPS for the current year.

Eastman Chemical Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Friday, March 13th will be paid a $0.84 dividend. The ex-dividend date of this dividend is Friday, March 13th. This represents a $3.36 annualized dividend and a yield of 4.2%. Eastman Chemical’s payout ratio is currently 82.15%.

Analyst Ratings Changes

Several research firms have weighed in on EMN. UBS Group cut their target price on Eastman Chemical from $75.00 to $73.00 and set a “buy” rating on the stock in a report on Wednesday, November 5th. KeyCorp restated an “overweight” rating on shares of Eastman Chemical in a report on Monday, February 2nd. JPMorgan Chase & Co. increased their price target on Eastman Chemical from $60.00 to $70.00 and gave the company an “overweight” rating in a report on Monday, February 2nd. Weiss Ratings cut shares of Eastman Chemical from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, February 4th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Eastman Chemical from $64.00 to $72.00 and gave the company a “hold” rating in a research note on Monday, February 2nd. Seven analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $78.86.

About Eastman Chemical

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.