Eastman Chemical Company (EMN)

Eastman Chemical Co.'s stock price has been impacted by several events in the past six months. The company missed adjusted earnings expectations in Q2 2025, leading to a stock price drop. Q3 2025 financial results reflected actions to reduce inventory amidst a weak macroeconomic environment. Eastman increased its quarterly cash dividend for the 16th consecutive year. Recent shifts in analyst sentiment have put the stock in focus, with some shorter-term momentum. Eastman is scheduled to release its fourth-quarter and full-year 2025 financial results on January 29, 2026.

Eastman Chemical Co. experiences demand seasonality for its products and services, noting a "normal seasonality" in its business. A greater than normal seasonal decline in volume is expected in the fourth quarter, particularly in consumer discretionary markets. Customer caution and inventory destocking have also contributed to demand fluctuations.

Eastman Chemical Company is a global specialty materials company headquartered in Kingsport, Tennessee, founded in 1920 and became independent in 1994. The company operates within the Materials sector and the Chemicals industry, focusing on specialty chemicals. Eastman produces advanced materials, chemicals, and fibers managed across four segments: Additives & Functional Products, Advanced Materials, Chemical Intermediates, and Fibers. Additives & Functional Products offers various products serving markets like transportation, personal care, and agriculture. Advanced Materials provides materials for transportation, electronics and medical markets. Chemical Intermediates offers products for industrial chemicals, building and health markets. Fibers supplies cellulose acetate tow and acetate yarns.

Eastman Chemical Company has a significant global presence, operating 36 manufacturing sites across 12 countries. The company serves customers worldwide with manufacturing sites in the United States, Europe, and Asia-Pacific. Specific locations include Kingsport, Tennessee (headquarters), China, Mexico City (Mexico), Hyderabad (India), Shanghai (China), Ghent (Belgium), Port-Jérôme-sur-Seine (France), Grossröhrsdorf (Germany), and Rotterdam (Netherlands).

Eastman Chemical Co. has faced several challenges to its brand reputation in the past year. Eastman Chemical Company was named as a defendant in a federal class-action lawsuit alleging that chemical companies misled the public about the recyclability of plastics. A federal lawsuit was filed against Eastman Chemical Company in Longview, Texas, by individuals claiming that the plant's ethylene oxide emissions caused cancer. The Pennsylvania Shapiro Administration secured a settlement from Monsanto, Solutia Inc. (an Eastman-owned company), and Pharmacia LLC over PCB contamination. In 2023, Eastman ranked 26th in the Toxic 100 Air Polluters Index.

Eastman Chemical Company operates as a publicly traded entity with dispersed ownership. Institutional investors own approximately 73.54% to 87.99% of the company's stock, insiders own around 0.73% to 2.10%, and retail/individual investors hold the remaining shares. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp.