Eastman Chemical Company $EMN Shares Acquired by Numerai GP LLC

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Numerai GP LLC significantly increased its stake in Eastman Chemical Company ($EMN) by 601.2% in Q3, now holding 37,551 shares worth approximately $2.37 million. This comes as Eastman Chemical missed Q3 earnings estimates, reporting an EPS of $0.75 against an estimated $0.76 and revenue of $1.97 billion, below the $2.03 billion consensus. Despite mixed analyst ratings, the company announced a quarterly dividend of $0.84, leading to an annualized yield of 4.8%.

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