Huntington National Bank significantly increased its stake in Eastman Chemical (NYSE: EMN) by 31.8% in Q3, adding 26,704 shares to own a total of 110,576 shares, valued at approximately $6.97 million. The stock currently holds a consensus “Hold” rating from analysts with an average target price of $79.21, despite its latest quarterly earnings missing both EPS and revenue expectations. Eastman Chemical also announced a quarterly dividend of $0.84 per share, translating to an annualized yield of about 4.5%.
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Huntington National Bank Boosts Stock Holdings in Eastman Chemical Company $EMN
Huntington National Bank significantly increased its stake in Eastman Chemical (NYSE: EMN) by 31.8% in Q3, adding 26,704 shares to own a total of 110,576 shares, valued at approximately $6.97 million. The stock currently holds a consensus “Hold” rating from analysts with an average target price of $79.21, despite its latest quarterly earnings missing both EPS and revenue expectations. Eastman Chemical also announced a quarterly dividend of $0.84 per share, translating to an annualized yield of about 4.5%.