Rep. Robert Bresnahan, Jr. Buys LyondellBasell Industries N.V. (NYSE:LYB) Shares

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of LyondellBasell Industries N.V. NYSE: LYB. In a filing disclosed on June 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in LyondellBasell Industries stock on May 15th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Zoom Communications NASDAQ: ZM on 6/25/2025.
• Purchased $1,001 - $15,000 in shares of Coinbase Global NASDAQ: COIN on 6/24/2025.
• Purchased $1,001 - $15,000 in shares of Circle Internet Group NYSE: CRCL on 6/24/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 6/23/2025.
• Sold $1,001 - $15,000 in shares of Chubb NYSE: CB on 6/13/2025.
• Sold $1,001 - $15,000 in shares of Atlassian NASDAQ: TEAM on 6/11/2025.
• Purchased $1,001 - $15,000 in shares of ServiceTitan NASDAQ: TTAN on 6/11/2025.
• Sold $1,001 - $15,000 in shares of Datadog NASDAQ: DDOG on 6/11/2025.
• Sold $1,001 - $15,000 in shares of GitLab NASDAQ: GTLB on 6/11/2025.
• Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 6/11/2025.

LyondellBasell Industries Stock Up 2.8%

Shares of LYB traded up $1.81 during trading on Wednesday, reaching $67.22. The company's stock had a trading volume of 3,572,239 shares, compared to its average volume of 3,026,987. The company has a fifty day moving average of $59.82 and a two-hundred day moving average of $66.01. LyondellBasell Industries N.V. has a twelve month low of $51.11 and a twelve month high of $100.46. The company has a market cap of $21.60 billion, a price-to-earnings ratio of 20.75, a P/E/G ratio of 3.67 and a beta of 0.82. The company has a quick ratio of 1.04, a current ratio of 1.83 and a debt-to-equity ratio of 0.87.

LyondellBasell Industries (NYSE:LYB - Get Free Report) last announced its earnings results on Friday, April 25th. The specialty chemicals company reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.36 by ($0.03). The business had revenue of $7.68 billion during the quarter, compared to analyst estimates of $7.69 billion. LyondellBasell Industries had a net margin of 2.81% and a return on equity of 13.19%. The business's revenue for the quarter was down 7.6% on a year-over-year basis. During the same period in the previous year, the company earned $1.53 earnings per share. On average, sell-side analysts predict that LyondellBasell Industries N.V. will post 6.31 EPS for the current fiscal year.

LyondellBasell Industries Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 9th. Shareholders of record on Monday, June 2nd were given a $1.37 dividend. This represents a $5.48 dividend on an annualized basis and a dividend yield of 8.15%. This is a positive change from LyondellBasell Industries's previous quarterly dividend of $1.34. The ex-dividend date was Monday, June 2nd. LyondellBasell Industries's dividend payout ratio is presently 169.14%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on LYB shares. Argus lowered LyondellBasell Industries from a "buy" rating to a "hold" rating in a research report on Friday, May 30th. Barclays dropped their target price on LyondellBasell Industries from $72.00 to $62.00 and set an "equal weight" rating on the stock in a research report on Thursday, May 1st. Wall Street Zen lowered LyondellBasell Industries from a "hold" rating to a "sell" rating in a research report on Monday, April 28th. Wells Fargo & Company increased their target price on LyondellBasell Industries from $70.00 to $75.00 and gave the stock an "overweight" rating in a research report on Monday, July 14th. Finally, Fermium Researc raised LyondellBasell Industries to a "strong-buy" rating in a research note on Friday, April 25th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $66.00.

Hedge Funds Weigh In On LyondellBasell Industries

Hedge funds and other institutional investors have recently modified their holdings of the stock. Rossby Financial LCC purchased a new stake in LyondellBasell Industries in the 1st quarter worth about $25,000. JFS Wealth Advisors LLC boosted its position in shares of LyondellBasell Industries by 352.3% in the first quarter. JFS Wealth Advisors LLC now owns 398 shares of the specialty chemicals company's stock valued at $28,000 after acquiring an additional 310 shares during the period. Investment Management Corp VA ADV boosted its position in shares of LyondellBasell Industries by 177.6% in the first quarter. Investment Management Corp VA ADV now owns 408 shares of the specialty chemicals company's stock valued at $29,000 after acquiring an additional 261 shares during the period. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of LyondellBasell Industries during the 4th quarter worth approximately $37,000. Finally, Lazard Asset Management LLC grew its holdings in shares of LyondellBasell Industries by 84.9% during the 4th quarter. Lazard Asset Management LLC now owns 466 shares of the specialty chemicals company's stock worth $34,000 after purchasing an additional 214 shares in the last quarter. Institutional investors and hedge funds own 71.20% of the company's stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

LyondellBasell Industries Company Profile

LyondellBasell Industries N.V. operates as a chemical company in the United States, Germany, Mexico, Italy, Poland, France, Japan, China, the Netherlands, and internationally. The company operates in six segments: Olefins and PolyolefinsAmericas; Olefins and PolyolefinsEurope, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology.