1834 Investment Advisors Co. Raises Stock Holdings in LyondellBasell Industries N.V. $LYB

Key Points

• 1834 Investment Advisors raised its stake in LyondellBasell by 127.5% in Q4 to 39,479 shares (about $1.71M), joining other large institutions that helped push institutional ownership to 71.20%.
• Several analysts have lifted price targets (e.g., Morgan Stanley to $77, Evercore to $70, KeyCorp to $73), but the consensus rating remains "Hold" with a $72.05 target while the stock trades near $69.82.
• Recent fundamentals include a quarterly loss (EPS -$0.26), a paid quarterly dividend of $0.69 (4.0% yield) after a cut and a negative payout ratio (-118%), and an insider sale of ~384,548 shares in March.

1834 Investment Advisors Co. raised its stake in LyondellBasell Industries N.V. (NYSE:LYB - Free Report) by 127.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 39,479 shares of the specialty chemicals company's stock after buying an additional 22,129 shares during the quarter. 1834 Investment Advisors Co.'s holdings in LyondellBasell Industries were worth $1,709,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its holdings in LyondellBasell Industries by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 30,965,458 shares of the specialty chemicals company's stock valued at $1,518,546,000 after purchasing an additional 84,251 shares during the last quarter. State Street Corp lifted its stake in LyondellBasell Industries by 2.1% during the third quarter. State Street Corp now owns 13,182,950 shares of the specialty chemicals company's stock worth $646,492,000 after purchasing an additional 267,799 shares in the last quarter. Capital World Investors boosted its position in shares of LyondellBasell Industries by 13.1% during the third quarter. Capital World Investors now owns 9,807,743 shares of the specialty chemicals company's stock worth $480,972,000 after buying an additional 1,135,258 shares during the period. Capital Research Global Investors grew its stake in shares of LyondellBasell Industries by 470.1% in the third quarter. Capital Research Global Investors now owns 4,389,442 shares of the specialty chemicals company's stock valued at $215,258,000 after buying an additional 3,619,468 shares in the last quarter. Finally, Capital International Investors raised its holdings in shares of LyondellBasell Industries by 0.4% in the 3rd quarter. Capital International Investors now owns 2,807,960 shares of the specialty chemicals company's stock valued at $137,702,000 after buying an additional 10,349 shares during the period. 71.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently issued reports on LYB shares. Evercore increased their target price on LyondellBasell Industries from $57.00 to $70.00 in a research note on Wednesday, April 22nd. KeyCorp upgraded shares of LyondellBasell Industries from a "sector weight" rating to an "overweight" rating and set a $73.00 price target on the stock in a research note on Wednesday, March 4th. Morgan Stanley increased their price target on shares of LyondellBasell Industries from $52.00 to $77.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft raised their price objective on shares of LyondellBasell Industries from $52.00 to $75.00 and gave the company a "hold" rating in a research note on Thursday, March 19th. Finally, Vertical Research upgraded shares of LyondellBasell Industries from a "hold" rating to a "buy" rating and set a $75.00 price objective for the company in a report on Monday, March 9th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, twelve have given a Hold rating and four have issued a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $72.05.

LyondellBasell Industries Stock Performance

Shares of LYB opened at $69.82 on Monday. LyondellBasell Industries N.V. has a 1 year low of $41.58 and a 1 year high of $83.94. The stock has a market capitalization of $22.54 billion, a PE ratio of -29.97, a PEG ratio of 0.24 and a beta of 0.40. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.20 and a current ratio of 1.77. The stock has a 50-day simple moving average of $69.36 and a 200-day simple moving average of $54.92.

LyondellBasell Industries (NYSE:LYB - Get Free Report) last released its earnings results on Saturday, February 21st. The specialty chemicals company reported ($0.26) earnings per share for the quarter. LyondellBasell Industries had a positive return on equity of 4.93% and a negative net margin of 2.46%.The firm had revenue of $7.09 billion for the quarter. On average, analysts predict that LyondellBasell Industries N.V. will post 5.44 earnings per share for the current fiscal year.

LyondellBasell Industries Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 9th. Stockholders of record on Monday, March 2nd were issued a $0.69 dividend. This represents a $2.76 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Monday, March 2nd. LyondellBasell Industries's dividend payout ratio (DPR) is presently -118.45%.

Insider Activity

In related news, major shareholder Ai Investments Holdings Llc sold 384,548 shares of the business's stock in a transaction on Monday, March 9th. The shares were sold at an average price of $68.13, for a total transaction of $26,199,255.24. Following the completion of the transaction, the insider owned 5,270,918 shares in the company, valued at approximately $359,107,643.34. The trade was a 6.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.14% of the company's stock.

About LyondellBasell Industries

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.

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