Truist Financial Corp Cuts Position in Eastman Chemical Company $EMN

Truist Financial Corp trimmed its holdings in shares of Eastman Chemical Company (NYSE:EMN) by 58.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 196,964 shares of the basic materials company’s stock after selling 276,694 shares during the period. Truist Financial Corp owned about 0.17% of Eastman Chemical worth $12,419,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in EMN. Brighton Jones LLC purchased a new stake in Eastman Chemical during the 4th quarter worth $202,000. Integrated Wealth Concepts LLC lifted its stake in shares of Eastman Chemical by 185.6% during the first quarter. Integrated Wealth Concepts LLC now owns 6,686 shares of the basic materials company’s stock worth $589,000 after purchasing an additional 4,345 shares in the last quarter. Millennium Management LLC boosted its position in shares of Eastman Chemical by 69.2% in the first quarter. Millennium Management LLC now owns 194,052 shares of the basic materials company’s stock worth $17,098,000 after buying an additional 79,376 shares during the period. NewEdge Advisors LLC grew its stake in shares of Eastman Chemical by 2.6% in the first quarter. NewEdge Advisors LLC now owns 7,310 shares of the basic materials company’s stock valued at $644,000 after buying an additional 183 shares in the last quarter. Finally, United Services Automobile Association purchased a new stake in shares of Eastman Chemical during the 1st quarter valued at about $252,000. Institutional investors and hedge funds own 83.65% of the company’s stock.

Key Headlines Impacting Eastman Chemical

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

• Positive Sentiment: Management issued stronger-than-expected Q1 2026 EPS guidance of $1.00–$1.20 vs. the street at ~$0.74, which supports near-term earnings visibility and likely underpins the intraday upside. Eastman Announces Fourth-Quarter and Full-Year 2025 Financial Results
• Positive Sentiment: The company highlighted that cost-reduction actions met or exceeded targets for the period, helping offset weaker volumes and supporting margins going forward. Eastman Chemical’s Q4 Earnings and Sales Lag on Weak Demand
• Neutral Sentiment: Company released the Q4 slide deck and the earnings-call transcript/slide presentation — useful for digging into segment trends and guidance details but not a direct catalyst by itself. Q4 2025 Earnings Call Transcript Q4 Results Presentation
• Negative Sentiment: Reported Q4 EPS of $0.75 missed consensus by $0.01 and revenue of $1.97B missed the $2.03B estimate; revenue was down ~12% year‑over‑year, signaling weakness in volumes. Those misses are pressuring near-term expectations. Q4 Earnings Release / Press Materials
• Negative Sentiment: Analysts and news coverage point to weak end-market demand and destocking as key reasons for the revenue decline, which could keep volumes muted until end-market inventories normalize. Earnings and Sales Lag on Weak Demand
• Negative Sentiment: There was an immediate negative market reaction noted in some coverage after the report (revenue miss and guidance interpretation), indicating continued sensitivity to top-line trends despite the strong guide. Eastman Falls as Q1 Guidance Disappoints (market reaction)

Eastman Chemical Price Performance

EMN opened at $69.36 on Friday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.86 and a current ratio of 1.76. Eastman Chemical Company has a 1-year low of $56.11 and a 1-year high of $103.82. The company has a 50-day moving average of $65.00 and a 200-day moving average of $65.08. The company has a market capitalization of $7.91 billion, a P/E ratio of 16.96, a PEG ratio of 6.77 and a beta of 1.23.

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

Eastman Chemical Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Monday, December 15th were given a dividend of $0.84 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $3.36 annualized dividend and a dividend yield of 4.8%. This is an increase from Eastman Chemical’s previous quarterly dividend of $0.83. Eastman Chemical’s dividend payout ratio is currently 56.09%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on EMN shares. Bank of America lowered their price objective on shares of Eastman Chemical from $78.00 to $74.00 and set a “buy” rating for the company in a research report on Tuesday, October 14th. Evercore ISI lowered their price target on shares of Eastman Chemical from $75.00 to $70.00 and set an “in-line” rating for the company in a report on Tuesday, November 11th. KeyCorp cut their price objective on shares of Eastman Chemical from $76.00 to $74.00 and set an “overweight” rating on the stock in a report on Friday, January 9th. Citigroup raised their target price on Eastman Chemical from $72.00 to $75.00 and gave the company a “buy” rating in a research note on Thursday, January 15th. Finally, Wells Fargo & Company reiterated an “equal weight” rating and issued a $70.00 price target on shares of Eastman Chemical in a research note on Friday, December 19th. Six equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, Eastman Chemical has a consensus rating of “Hold” and a consensus target price of $78.54.

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.