<div id="readability-page-1"><p>Eastman Chemical Company (NYSE:EMN - Get Free Report) saw unusually large options trading on Thursday. Stock traders purchased 16,292 call options on the stock. This represents an increase of approximately 889% compared to the average daily volume of 1,648 call options.</p><div><p><span></span><span>Get <strong>Eastman Chemical</strong> alerts:</span></p></div><h2>Analysts Set New Price Targets</h2><ul><li>Stock ideas from the 2024 Microcap Conference</li></ul><p>Several equities research analysts recently weighed in on the company. Wells Fargo &amp; Company reduced their target price on Eastman Chemical from $80.00 to $70.00 and set an &#34;overweight&#34; rating for the company in a report on Wednesday, November 5th. UBS Group decreased their price objective on shares of Eastman Chemical from $75.00 to $73.00 and set a &#34;buy&#34; rating for the company in a report on Wednesday, November 5th. Weiss Ratings upgraded shares of Eastman Chemical from a &#34;sell (d+)&#34; rating to a &#34;hold (c-)&#34; rating in a report on Friday, October 24th. Bank of America lowered their target price on Eastman Chemical from $78.00 to $74.00 and set a &#34;buy&#34; rating on the stock in a report on Tuesday, October 14th. Finally, Royal Bank Of Canada  set a $71.00 price objective on Eastman Chemical in a research report on Tuesday, October 14th. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company  has an average rating of &#34;Moderate Buy&#34; and an average target price of $78.62.</p><p><b>Get Our Latest Stock Analysis on Eastman Chemical</b></p><h2>Eastman Chemical Price Performance</h2><ul><li>High-Growth, High-Yield Value Stocks Nearing Trigger Points</li></ul><p>Eastman Chemical stock traded up $0.80 during mid-day trading on Thursday, hitting $65.76. 560,253 shares of the company were exchanged, compared to its average volume of 1,708,703. Eastman Chemical has a 1-year low of $56.11 and a 1-year high of $103.82. The company has a quick ratio of 0.86, a current ratio of 1.76 and a debt-to-equity ratio of 0.82. The business has a fifty day moving average of $60.97 and a 200 day moving average of $68.22. The company has a market capitalization of $7.50 billion, a PE ratio of 10.99, a price-to-earnings-growth ratio of 6.55 and a beta of 1.24. </p><p>Eastman Chemical (NYSE:EMN - Get Free Report) last announced its quarterly earnings results on Monday, November 3rd. The basic materials company reported $1.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.18 by ($0.04). The firm had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.28 billion. Eastman Chemical had a net margin of 7.75% and a return on equity of 12.89%. The company's revenue for the quarter was down 10.6% on a year-over-year basis. During the same period in the prior year, the business earned $2.26 earnings per share. Eastman Chemical has set its FY 2025 guidance at 5.400-5.65 EPS.  As a group, sell-side analysts expect that  Eastman Chemical will post 8.55 earnings per share for the current year. </p><h2>Eastman Chemical Increases Dividend</h2><p>The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Monday, December 15th will be issued a $0.84 dividend. This is a positive change from Eastman Chemical's previous quarterly dividend of $0.83. This represents a $3.36 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend is Monday, December 15th. Eastman Chemical's dividend payout ratio (DPR) is presently 55.43%. </p><h2>Institutional Investors Weigh In On Eastman Chemical</h2><p>Hedge funds have recently added to or reduced their stakes in the stock. MUFG Securities EMEA plc bought a new position in shares of  Eastman Chemical during the second quarter worth $25,000.  MassMutual Private Wealth &amp; Trust FSB lifted its holdings in  Eastman Chemical by 65.5% during the second quarter. MassMutual Private Wealth &amp; Trust FSB now owns 369 shares of the basic materials company's stock worth $28,000 after acquiring an additional 146 shares in the last quarter.  Ameritas Advisory Services LLC acquired a new position in  Eastman Chemical in the second quarter valued at about $32,000.  Loomis Sayles &amp; Co. L P bought a new stake in shares of  Eastman Chemical in the second quarter worth about $33,000.  Finally, Rothschild Investment LLC raised its position in shares of  Eastman Chemical by 65.6% during the third quarter. Rothschild Investment LLC now owns 578 shares of the basic materials company's stock worth $36,000 after purchasing an additional 229 shares during the period. Institutional investors own  83.65% of the company's stock. </p><h2>Eastman Chemical Company Profile</h2> (Get Free Report)<p>Eastman Chemical Company operates as a specialty materials company in the United States, China, and internationally. The company's Additives &amp; 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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Eastman Chemical</li><li>What Are the U.K. Market Holidays? How to Invest and Trade</li><li>Top 3 Winter Stocks With Solid Growth Opportunities</li><li>Roth IRA Calculator: Calculate Your Potential Returns</li><li>2026 Comeback Picks: 3 S&amp;P Laggards Poised to Break Out</li><li>What is diluted earnings per share (Diluted EPS)?</li><li>Tesla Bulls See $500 Ahead—But Bears Warn of a Painful Reversal</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Eastman Chemical Right Now?</h2><p>Before you consider Eastman Chemical, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Eastman Chemical wasn't on the list.</p><p>While Eastman Chemical currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Eastman Chemical Company (NYSE:EMN) experienced a significant increase in call options trading, with 16,292 call options purchased, an 889% rise from the average daily volume. Analysts have adjusted their price targets, with mixed ratings. The company reported lower-than-expected earnings and revenue for Q3. Eastman Chemical increased its quarterly dividend to $0.84. Institutional investors have been adjusting their positions in the stock.</p>

Traders Buy Large Volume of Eastman Chemical Call Options (NYSE:EMN)