National Pension Service Increases Holdings in LyondellBasell Industries N.V. $LYB

National Pension Service boosted its position in LyondellBasell Industries N.V. (NYSE:LYB) by 8.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 577,369 shares of the specialty chemicals company’s stock after buying an additional 42,967 shares during the period. National Pension Service owned approximately 0.18% of LyondellBasell Industries worth $28,314,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of LYB. Woodline Partners LP lifted its stake in LyondellBasell Industries by 40.4% during the 1st quarter. Woodline Partners LP now owns 21,899 shares of the specialty chemicals company’s stock valued at $1,542,000 after acquiring an additional 6,297 shares during the period. Focus Partners Wealth boosted its holdings in LyondellBasell Industries by 35.4% in the first quarter. Focus Partners Wealth now owns 6,866 shares of the specialty chemicals company’s stock valued at $483,000 after purchasing an additional 1,796 shares during the last quarter. Janney Montgomery Scott LLC grew its position in LyondellBasell Industries by 77.7% during the 2nd quarter. Janney Montgomery Scott LLC now owns 115,225 shares of the specialty chemicals company’s stock worth $6,667,000 after purchasing an additional 50,383 shares during the period. Hilltop National Bank acquired a new position in shares of LyondellBasell Industries in the 2nd quarter valued at about $29,000. Finally, QRG Capital Management Inc. boosted its stake in shares of LyondellBasell Industries by 15.3% in the second quarter. QRG Capital Management Inc. now owns 101,360 shares of the specialty chemicals company’s stock worth $5,865,000 after buying an additional 13,466 shares during the last quarter. 71.20% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other LyondellBasell Industries news, EVP Kimberly A. Foley bought 5,661 shares of the stock in a transaction on 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 in the company, valued at $2,948,489.28. This trade represents a 9.13% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on LYB shares. Wall Street Zen cut LyondellBasell Industries from a “hold” rating to a “sell” rating in a research report on Saturday, November 22nd. Bank of America decreased their target price on shares of LyondellBasell Industries from $52.00 to $46.00 and set a “neutral” rating for the company in a research note on Thursday, January 8th. Jefferies Financial Group dropped their price target on shares of LyondellBasell Industries from $50.00 to $46.00 and set a “hold” rating on the stock in a research report on Monday, December 8th. Wells Fargo & Company upped their price objective on shares of LyondellBasell Industries from $45.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Monday. Finally, JPMorgan Chase & Co. dropped their target price on LyondellBasell Industries from $52.00 to $50.00 and set a “neutral” rating on the stock in a research report on Monday, November 3rd. Two research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $52.79.

LyondellBasell Industries Stock Up 2.3%

LYB stock opened at $50.15 on Tuesday. LyondellBasell Industries N.V. has a 52 week low of $41.58 and a 52 week high of $78.96. The company has a quick ratio of 1.20, a current ratio of 1.77 and a debt-to-equity ratio of 1.20. The firm has a 50-day simple moving average of $46.59 and a 200-day simple moving average of $49.48. The stock has a market capitalization of $16.14 billion, a P/E ratio of -21.52 and a beta of 0.70.

LyondellBasell Industries (NYSE:LYB) last posted its quarterly earnings data on Friday, January 30th. The specialty chemicals company reported ($0.26) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.44). LyondellBasell Industries had a positive return on equity of 4.94% and a negative net margin of 2.46%.The firm had revenue of $7.09 billion during the quarter, compared to analyst estimates of $6.82 billion. During the same quarter in the previous year, the firm posted $0.75 earnings per share. The company’s quarterly revenue was down 9.2% on a year-over-year basis. Equities analysts forecast that LyondellBasell Industries N.V. will post 6.31 earnings per share for the current fiscal year.

LyondellBasell Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 8th. Investors of record on Monday, December 1st were paid a $1.37 dividend. This represents a $5.48 annualized dividend and a yield of 10.9%. The ex-dividend date of this dividend was Monday, December 1st. LyondellBasell Industries’s dividend payout ratio is currently -235.19%.

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.