LyondellBasell Industries N.V. $LYB Shares Sold by TD Waterhouse Canada Inc.

Key Points

• TD Waterhouse Canada cut its LyondellBasell stake by 91.3% in the second quarter, selling 22,085 shares and retaining 2,117 shares worth approximately $111,000. Institutional investors collectively own 71.2% of LYB.
• Analyst sentiment is mixed but leans cautious, with a consensus “Hold” rating and an average price target of $72.41. Recent targets ranged from $48 to $72, while KeyCorp initiated coverage at “sector weight.”
• LyondellBasell reported quarterly EPS of $4.30, exceeding estimates of $3.44, while revenue rose 19.8% year over year to $9.18 billion. The company also maintains a quarterly dividend of $0.69 per share, equivalent to a 4.3% annualized yield.

TD Waterhouse Canada Inc. decreased its holdings in shares of LyondellBasell Industries N.V. (NYSE:LYB - Free Report) by 91.3% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 2,117 shares of the specialty chemicals company's stock after selling 22,085 shares during the period. TD Waterhouse Canada Inc.'s holdings in LyondellBasell Industries were worth $111,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Capital Research Global Investors boosted its stake in LyondellBasell Industries by 108.7% in the 4th quarter. Capital Research Global Investors now owns 9,159,702 shares of the specialty chemicals company's stock worth $396,615,000 after purchasing an additional 4,770,260 shares in the last quarter. BlackRock Inc. increased its stake in LyondellBasell Industries by 16.7% during the 2nd quarter. BlackRock Inc. now owns 29,298,859 shares of the specialty chemicals company's stock valued at $1,542,585,000 after purchasing an additional 4,185,571 shares in the last quarter. AQR Capital Management LLC increased its stake in LyondellBasell Industries by 512.9% during the 4th quarter. AQR Capital Management LLC now owns 3,093,318 shares of the specialty chemicals company's stock valued at $133,941,000 after purchasing an additional 2,588,636 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of LyondellBasell Industries by 5,451.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,457,591 shares of the specialty chemicals company's stock worth $63,114,000 after buying an additional 1,431,334 shares during the last quarter. Finally, Morgan Stanley raised its holdings in shares of LyondellBasell Industries by 16.9% in the fourth quarter. Morgan Stanley now owns 8,971,741 shares of the specialty chemicals company's stock worth $388,476,000 after buying an additional 1,300,271 shares during the last quarter. Institutional investors and hedge funds own 71.20% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on LYB shares. KeyCorp assumed coverage on shares of LyondellBasell Industries in a research note on Thursday. They set a "sector weight" rating for the company. Citigroup cut their target price on LyondellBasell Industries from $80.00 to $67.00 and set a "buy" rating on the stock in a research report on Wednesday, June 24th. Royal Bank Of Canada raised their target price on LyondellBasell Industries from $65.00 to $72.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 5th. Bank of America lowered their price target on LyondellBasell Industries from $68.00 to $48.00 and set an "underperform" rating for the company in a research report on Tuesday, June 30th. Finally, Wall Street Zen downgraded LyondellBasell Industries from a "strong-buy" rating to a "buy" rating in a research note on Saturday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, LyondellBasell Industries currently has a consensus rating of "Hold" and an average price target of $72.41.

LyondellBasell Industries News Roundup

Here are the key news stories impacting LyondellBasell Industries this week:

• Neutral Sentiment: KeyCorp’s initiation provides new analyst coverage but no immediate upgrade catalyst, as the firm recommends a sector-weight position. KeyBanc initiates coverage of LyondellBasell Industries NV at sector weight
• Neutral Sentiment: Brokerage sentiment remains cautious: LyondellBasell received an average overall rating of “Hold”, suggesting analysts see limited near-term upside relative to risk. LyondellBasell Industries Receives Average Rating of Hold from Brokerages
• Neutral Sentiment: A media list identifying ten undervalued materials stocks and placing LyondellBasell at the top could support the stock’s value-investment appeal, although it does not represent a formal analyst recommendation. Ten undervalued materials stocks to watch, led by LyondellBasell
• Negative Sentiment: KeyCorp estimates quarterly EPS of $2.72 for Q3 2026 and $1.50 for Q4 2026, with FY2026 EPS of $9.05 versus the broader consensus of $9.20. The firm projects a sharper decline to $6.45 in FY2027 and $6.40 in FY2028, raising concerns about weaker future earnings momentum.

LyondellBasell Industries Stock Performance

Shares of NYSE LYB opened at $63.72 on Friday. The company has a 50 day simple moving average of $61.72 and a two-hundred day simple moving average of $65.99. The stock has a market cap of $20.58 billion, a price-to-earnings ratio of -56.38, a PEG ratio of 0.17 and a beta of 0.31. The company has a current ratio of 1.64, a quick ratio of 1.07 and a debt-to-equity ratio of 1.05. LyondellBasell Industries N.V. has a 12 month low of $41.58 and a 12 month high of $83.94.

LyondellBasell Industries (NYSE:LYB - Get Free Report) last released its quarterly earnings data on Friday, July 31st. The specialty chemicals company reported $4.30 earnings per share for the quarter, topping analysts' consensus estimates of $3.44 by $0.86. LyondellBasell Industries had a negative net margin of 1.13% and a positive return on equity of 17.44%. The firm had revenue of $9.18 billion for the quarter, compared to analyst estimates of $9.21 billion. During the same quarter in the prior year, the business earned $0.62 earnings per share. The business's quarterly revenue was up 19.8% compared to the same quarter last year. As a group, analysts predict that LyondellBasell Industries N.V. will post 9.18 earnings per share for the current year.

LyondellBasell Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Monday, August 24th were given a dividend of $0.69 per share. This represents a $2.76 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Monday, August 24th. LyondellBasell Industries's dividend payout ratio (DPR) is currently -244.25%.

LyondellBasell Industries Company Profile

LyondellBasell Industries N.V. NYSE: LYB is a global chemical company that produces plastics, chemicals and refined products used in packaging, transportation, construction, healthcare, electronics and other consumer and industrial applications. Its portfolio includes polyethylene, polypropylene, propylene oxide, oxyfuels, acetyls and other intermediate chemicals, as well as advanced polymer compounds and solutions.

The company operates across the petrochemical value chain, converting hydrocarbon feedstocks into materials and specialty products.

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