Eastman Chemical Company (EMN)

Over the past six months, Eastman Chemical Co.'s stock price has experienced a significant decline. As of September 26, 2025, the share price was $62.71, representing a 44.20% decrease from $112.38 on September 27, 2024. Key events impacting the stock include the Q2 2025 Earnings Report, which reported decreased sales revenue and adjusted earnings per diluted share, missing consensus estimates. Eastman issued updated guidance for Q3 2025, expecting lower earnings per share due to intensifying customer caution and weak underlying demand. Following the Q2 earnings and guidance, analysts expressed concerns about demand, leading to a plunge in shares.

Eastman Chemical Co.'s demand seasonality is influenced by various factors across its diverse product portfolio and end markets. The Additives & Functional Products segment experiences seasonality related to agricultural cycles. The Advanced Materials segment is impacted by demand in the building and construction and automotive OEM production sectors. The Fibers segment has faced challenges such as customer inventory destocking and lower sales into China due to global trade disputes. Overall, Eastman's demand is susceptible to broader macroeconomic conditions, with customer caution intensifying due to a changing tariff landscape and weak underlying demand.

Eastman Chemical Company is a global specialty materials company headquartered in Kingsport, Tennessee, operating within the manufacturing sector, specifically the specialty chemicals industry. Founded in 1920 as a subsidiary of Kodak, it became an independent public corporation in 1994. The company produces a broad range of advanced materials, chemicals, and fibers used in everyday products. Eastman's operations are structured into four primary segments: Additives & Functional Products, Advanced Materials, Chemical Intermediates, and Fibers. Eastman is also engaged in clean technology initiatives, including the development of environmentally sustainable solutions and employs molecular recycling technologies to convert plastic waste into reusable materials.

Eastman Chemical Company has a significant global presence, operating 36 manufacturing sites across 12 countries and serving customers in approximately 100 countries worldwide. While its corporate headquarters and main manufacturing facility are in Kingsport, Tennessee, USA, the company generates the majority of its sales outside the United States, with a strong presence in Asian markets. Net sales are distributed geographically as follows: the United States and Canada (42%), Europe/Middle East/Africa (27.4%), Asia/Pacific (25.2%), and Latin America (5.4%). Approximately 80% of its assets are located within the United States, while about 40% of its sales are in the US.

Eastman Chemical Company has a strong reputation for sustainability and ethical practices. In the past year, the company has received accolades such as Wall Street Journal World's Most Sustainably Managed Companies, Ethisphere's World's Most Ethical Companies, Fast Company World-Changing Ideas Award, and Environment + Energy Leader Top Project of the Year Award. These awards highlight Eastman's commitment to environmental responsibility, ethical business conduct, and innovation in sustainable materials and technologies, including its molecular recycling initiatives.

Eastman Chemical Co. is primarily owned by institutional shareholders, who hold 90.43% of the company's stock. Insiders own 2.09%, and retail investors hold 7.49%. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Insider activity over the last 12 months shows net selling, though net buying has been observed in the last 3 months.