Eastman Chemical Ownership
| EMN Stock | USD 89.88 1.50 1.64% |
Shares in Circulation | First Issued 1993-03-31 | Previous Quarter 117.8 M | Current Value 117.9 M | Avarage Shares Outstanding 150.2 M | Quarterly Volatility 13.1 M |
Eastman |
Eastman Stock Ownership Analysis
About 93.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.82. Some equities with similar Price to Book (P/B) outperform the market in the long run. Eastman Chemical has Price/Earnings To Growth (PEG) ratio of 1.46. The entity recorded earning per share (EPS) of 7.67. The firm last dividend was issued on the 14th of March 2025. Eastman Chemical had 2:1 split on the 4th of October 2011. Eastman Chemical Company operates as a specialty materials company in the United States and internationally. Eastman Chemical Company was founded in 1920 and is headquartered in Kingsport, Tennessee. Eastman Chemical operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 14000 people. To learn more about Eastman Chemical call Mark Costa at 423 229 2000 or check out https://www.eastman.com.Besides selling stocks to institutional investors, Eastman Chemical also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Eastman Chemical's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Eastman Chemical's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Eastman Chemical Quarterly Liabilities And Stockholders Equity |
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Eastman Chemical Insider Trades History
Less than 1% of Eastman Chemical are currently held by insiders. Unlike Eastman Chemical's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Eastman Chemical's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Eastman Chemical's insider trades
Eastman Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Eastman Chemical is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Eastman Chemical backward and forwards among themselves. Eastman Chemical's institutional investor refers to the entity that pools money to purchase Eastman Chemical's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bank Of America Corp | 2024-12-31 | 2.2 M | Capital World Investors | 2024-12-31 | 1.5 M | Norges Bank | 2024-12-31 | 1.5 M | Northern Trust Corp | 2024-12-31 | 1.4 M | Lsv Asset Management | 2024-12-31 | 1.3 M | Bank Of New York Mellon Corp | 2024-12-31 | 1.3 M | Ubs Group Ag | 2024-12-31 | 1.2 M | Clearbridge Advisors, Llc | 2024-12-31 | 1.2 M | Bb&t Corp. | 2024-12-31 | 1.2 M | Vanguard Group Inc | 2024-12-31 | 14.8 M | Blackrock Inc | 2024-12-31 | 8.8 M |
Eastman Chemical Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Eastman Chemical insiders, such as employees or executives, is commonly permitted as long as it does not rely on Eastman Chemical's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Eastman Chemical insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Caveness Michelle H few days ago Insider Trading | ||
Caveness Michelle H over a week ago Insider Trading | ||
Caveness Michelle H over a week ago Insider Trading | ||
Brad Lich over a week ago Disposition of 1750 shares by Brad Lich of Eastman Chemical subject to Rule 16b-3 | ||
Caveness Michelle H over two weeks ago Insider Trading | ||
Caveness Michelle H over two weeks ago Insider Trading | ||
Caveness Michelle H over two weeks ago Insider Trading | ||
Caveness Michelle H over three weeks ago Insider Trading | ||
Caveness Michelle H over a month ago Insider Trading | ||
Caveness Michelle H over a month ago Insider Trading | ||
Caveness Michelle H over a month ago Insider Trading | ||
Caveness Michelle H over a month ago Insider Trading |
Eastman Chemical's latest congressional trading
Congressional trading in companies like Eastman Chemical, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in Eastman Chemical by those in governmental positions are based on the same information available to the general public.
| 2019-12-18 | Representative John Rutherford | Acquired Under $15K | Verify |
Eastman Chemical Outstanding Bonds
Eastman Chemical issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Eastman Chemical uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Eastman bonds can be classified according to their maturity, which is the date when Eastman Chemical has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| EASTMAN CHEM 48 Corp BondUS277432AL49 | View | |
| EASTMAN CHEM 465 Corp BondUS277432AP52 | View | |
| EASTMAN CHEM 38 Corp BondUS277432AR19 | View | |
| EMN 575 08 MAR 33 Corp BondUS277432AX86 | View | |
| EASTMAN CHEM 45 Corp BondUS277432AW04 | View | |
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Eastman Chemical Corporate Filings
8K | 14th of March 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 11th of March 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 20th of February 2025 Other Reports | ViewVerify | |
10K | 14th of February 2025 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
Pair Trading with Eastman Chemical
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eastman Chemical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eastman Chemical will appreciate offsetting losses from the drop in the long position's value.Moving together with Eastman Stock
Moving against Eastman Stock
The ability to find closely correlated positions to Eastman Chemical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eastman Chemical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eastman Chemical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eastman Chemical to buy it.
The correlation of Eastman Chemical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eastman Chemical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eastman Chemical moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Eastman Chemical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastman Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Eastman Stock, please use our How to Invest in Eastman Chemical guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Diversified Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eastman Chemical. If investors know Eastman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eastman Chemical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.079 | Dividend Share 3.26 | Earnings Share 7.67 | Revenue Per Share | Quarterly Revenue Growth 0.017 |
The market value of Eastman Chemical is measured differently than its book value, which is the value of Eastman that is recorded on the company's balance sheet. Investors also form their own opinion of Eastman Chemical's value that differs from its market value or its book value, called intrinsic value, which is Eastman Chemical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eastman Chemical's market value can be influenced by many factors that don't directly affect Eastman Chemical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eastman Chemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastman Chemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastman Chemical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.