Icon Advisers Inc. Co. Sells 27,000 Shares of Eastman Chemical Company $EMN

NodeGuardian · 2026-04-04T03:19:07+00:00

Icon Advisers Inc. reduced its stake in Eastman Chemical by 49.4%, selling 27,000 shares for $1.745 million amid mixed analyst ratings and disappointing Q3 earnings. Eastman also declared a quarterly dividend of $0.84 per share.

NodeGuardian

2026-04-04 03:19:07

Abstract generation in progress

Icon Advisers Inc. Co. significantly reduced its stake in Eastman Chemical Company ($EMN) by selling 27,000 shares, decreasing their holdings by 49.4% to 27,675 shares valued at $1.745 million. This divestment occurred amidst mixed analyst ratings, with the company currently holding an average “Hold” consensus and a $79.21 price target, despite Q3 earnings missing estimates and revenue declining. Eastman Chemical also announced a quarterly dividend of $0.84 per share, translating to an annualized yield of 4.8%.

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