Mercer Global Advisors increased its Eastman Chemical stake by 190.7%, owning 0.05% worth $6.066 million.

Mercer Global Advisors Inc. boosted its stake in Eastman Chemical by 190.7%, now holding 0.05% valued at $6.066 million. Institutional investors own 83.65% of the company. Eastman reported Q2 earnings of $2.15 per share, surpassing estimates by $0.14, and announced a quarterly dividend of $0.81, yielding 3.04%. Analysts rate the stock as a "Moderate Buy" with a target price of $108.07, reflecting positive sentiment among brokerages.

September 21, 2024
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