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Teachers Retirement System of The State of Kentucky Sells 41,000 Shares of Eastman Chemical Company $EMN
Teachers Retirement System of The State of Kentucky sold 41,000 shares of Eastman Chemical Company (NYSE:EMN), reducing its stake by 14% to 252,077 shares, valued at approximately $15.9 million. This move comes as Eastman Chemical missed Q3 consensus estimates for EPS and revenue, while maintaining an annualized dividend yield of about 4.5%. The stock currently holds a “Hold” rating from analysts with an average target price of $79.21.