LyondellBasell Industries N.V. $LYB Stock Holdings Raised by Hosking Partners LLP

Hosking Partners LLP lifted its stake in shares of LyondellBasell Industries N.V. (NYSE:LYB) by 33.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 595,587 shares of the specialty chemicals company’s stock after buying an additional 148,673 shares during the quarter. Hosking Partners LLP’s holdings in LyondellBasell Industries were worth $29,208,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LYB. Crews Bank & Trust lifted its holdings in LyondellBasell Industries by 16.4% during the 2nd quarter. Crews Bank & Trust now owns 1,245 shares of the specialty chemicals company’s stock worth $72,000 after buying an additional 175 shares during the last quarter. New York Life Investment Management LLC lifted its stake in LyondellBasell Industries by 0.5% during the second quarter. New York Life Investment Management LLC now owns 38,521 shares of the specialty chemicals company’s stock worth $2,229,000 after purchasing an additional 193 shares during the last quarter. Central Pacific Bank Trust Division boosted its holdings in LyondellBasell Industries by 4.3% in the second quarter. Central Pacific Bank Trust Division now owns 4,830 shares of the specialty chemicals company’s stock worth $279,000 after purchasing an additional 200 shares during the period. State of Michigan Retirement System increased its stake in LyondellBasell Industries by 0.3% during the second quarter. State of Michigan Retirement System now owns 78,165 shares of the specialty chemicals company’s stock valued at $4,523,000 after purchasing an additional 200 shares during the last quarter. Finally, Cooper Financial Group raised its holdings in shares of LyondellBasell Industries by 4.3% during the third quarter. Cooper Financial Group now owns 5,146 shares of the specialty chemicals company’s stock worth $252,000 after purchasing an additional 211 shares during the period. 71.20% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. Alembic Global Advisors raised shares of LyondellBasell Industries to a “hold” rating in a report on Monday, October 20th. Rothschild & Co Redburn lowered their target price on LyondellBasell Industries from $80.00 to $75.00 and set a “buy” rating for the company in a report on Friday, September 12th. JPMorgan Chase & Co. cut their price target on LyondellBasell Industries from $52.00 to $50.00 and set a “neutral” rating on the stock in a report on Monday, November 3rd. Weiss Ratings restated a “sell (d+)” rating on shares of LyondellBasell Industries in a research note on Wednesday, October 8th. Finally, Bank of America cut their target price on LyondellBasell Industries from $55.00 to $50.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 14th. Two investment analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Reduce” and an average price target of $53.33.

Insider Buying and Selling at LyondellBasell Industries

In other LyondellBasell Industries news, EVP Kimberly A. Foley acquired 5,661 shares of the stock in a transaction dated Wednesday, November 12th. The shares were bought at an average price of $43.56 per share, with a total value of $246,593.16. Following the purchase, the executive vice president directly owned 67,688 shares of the company’s stock, valued at approximately $2,948,489.28. This trade represents a 9.13% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.14% of the company’s stock.

LyondellBasell Industries Stock Performance

LYB opened at $44.91 on Thursday. The business has a 50 day moving average price of $44.46 and a two-hundred day moving average price of $50.99. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.57 and a quick ratio of 0.93. The company has a market capitalization of $14.46 billion, a price-to-earnings ratio of -11.98 and a beta of 0.70. LyondellBasell Industries N.V. has a 1-year low of $41.58 and a 1-year high of $79.39.

LyondellBasell Industries (NYSE:LYB) last posted its quarterly earnings data on Friday, October 31st. The specialty chemicals company reported $1.01 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.21. LyondellBasell Industries had a positive return on equity of 7.50% and a negative net margin of 3.70%.The company had revenue of $7.73 billion for the quarter, compared to the consensus estimate of $7.41 billion. During the same quarter in the previous year, the business earned $1.88 EPS. The company’s quarterly revenue was down 10.2% compared to the same quarter last year. Research analysts predict that LyondellBasell Industries N.V. will post 6.31 EPS for the current fiscal year.

LyondellBasell Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 8th. Shareholders of record on Monday, December 1st were issued a $1.37 dividend. This represents a $5.48 dividend on an annualized basis and a yield of 12.2%. The ex-dividend date of this dividend was Monday, December 1st. LyondellBasell Industries’s dividend payout ratio is presently -146.13%.

LyondellBasell Industries Profile

LyondellBasell Industries N.V. (NYSE: LYB) is a global chemical company headquartered in Houston, Texas, that specializes in the production of polyolefins and advanced polymers. Through its extensive portfolio, the company supplies raw materials for a wide range of end markets, including packaging, automotive, construction, electronics and consumer goods. By combining proprietary process technologies with expertise in catalysts, LyondellBasell aims to deliver value-added solutions that enhance product performance and sustainability.

The company’s integrated operations encompass the manufacture of olefins and polyolefins, advanced polymer products, chemical intermediates and refining activities.