Bailard Inc. Increases Position in LyondellBasell Industries N.V. $LYB

Bailard Inc. increased its position in LyondellBasell Industries N.V. (NYSE:LYB) by 120.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,724 shares of the specialty chemicals company’s stock after acquiring an additional 12,424 shares during the period. Bailard Inc.’s holdings in LyondellBasell Industries were worth $1,114,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in LYB. Woodline Partners LP raised its stake in shares of LyondellBasell Industries by 40.4% in the first quarter. Woodline Partners LP now owns 21,899 shares of the specialty chemicals company’s stock worth $1,542,000 after purchasing an additional 6,297 shares during the last quarter. Focus Partners Wealth increased its holdings in LyondellBasell Industries by 35.4% in the 1st quarter. Focus Partners Wealth now owns 6,866 shares of the specialty chemicals company’s stock worth $483,000 after buying an additional 1,796 shares during the period. Park Avenue Securities LLC purchased a new position in LyondellBasell Industries during the 2nd quarter worth approximately $1,027,000. U.S. Capital Wealth Advisors LLC lifted its stake in LyondellBasell Industries by 27.2% during the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 17,779 shares of the specialty chemicals company’s stock valued at $1,029,000 after acquiring an additional 3,805 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in shares of LyondellBasell Industries by 203.7% in the 2nd quarter. GAMMA Investing LLC now owns 9,157 shares of the specialty chemicals company’s stock valued at $530,000 after acquiring an additional 6,142 shares during the last quarter. Hedge funds and other institutional investors own 71.20% of the company’s stock.

Insider Buying and Selling

In related news, EVP Kimberly A. Foley acquired 5,661 shares of LyondellBasell Industries stock in a transaction on Wednesday, November 12th. The stock was bought at an average cost of $43.56 per share, for a total transaction of $246,593.16. Following the completion of the transaction, the executive vice president owned 67,688 shares of the company’s stock, valued at approximately $2,948,489.28. The trade was a 9.13% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.14% of the company’s stock.

LyondellBasell Industries Price Performance

Shares of LyondellBasell Industries stock opened at $51.50 on Friday. The firm has a market cap of $16.58 billion, a PE ratio of -13.73 and a beta of 0.70. LyondellBasell Industries N.V. has a twelve month low of $41.58 and a twelve month high of $79.39. The company has a quick ratio of 0.93, a current ratio of 1.57 and a debt-to-equity ratio of 1.00. The business has a 50-day moving average price of $45.72 and a 200 day moving average price of $50.32.

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

LyondellBasell Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 8th. Investors of record on Monday, December 1st were paid a $1.37 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a $5.48 dividend on an annualized basis and a yield of 10.6%. LyondellBasell Industries’s dividend payout ratio (DPR) is currently -146.13%.

Analysts Set New Price Targets

Several brokerages recently issued reports on LYB. Fermium Researc cut shares of LyondellBasell Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 3rd. Bank of America reduced their price objective on LyondellBasell Industries from $52.00 to $46.00 and set a “neutral” rating for the company in a research note on Thursday, January 8th. Evercore ISI decreased their price objective on LyondellBasell Industries from $65.00 to $57.00 and set an “in-line” rating for the company in a report on Tuesday, November 11th. BMO Capital Markets reaffirmed an “underperform” rating and set a $36.00 target price (down from $48.00) on shares of LyondellBasell Industries in a report on Monday, December 15th. Finally, Wall Street Zen downgraded LyondellBasell Industries from a “hold” rating to a “sell” rating in a report on Saturday, November 22nd. Two equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and five have issued a Sell rating to the company. According to MarketBeat, LyondellBasell Industries currently has a consensus rating of “Reduce” and an average target price of $52.42.

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.