California State Teachers Retirement System lessened its holdings in LyondellBasell Industries N.V. (NYSE:LYB – Free Report) by 4.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 293,166 shares of the specialty chemicals company’s stock after selling 13,683 shares during the quarter. California State Teachers Retirement System’s holdings in LyondellBasell Industries were worth $23,617,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of LYB. Woodline Partners LP lifted its holdings in LyondellBasell Industries by 40.4% during the first quarter. Woodline Partners LP now owns 21,899 shares of the specialty chemicals company’s stock worth $1,542,000 after buying an additional 6,297 shares during the period. Focus Partners Wealth increased its holdings in shares of LyondellBasell Industries by 35.4% in the 1st quarter. Focus Partners Wealth now owns 6,866 shares of the specialty chemicals company’s stock valued at $483,000 after acquiring an additional 1,796 shares during the period. Baird Financial Group Inc. increased its holdings in shares of LyondellBasell Industries by 69.5% in the 2nd quarter. Baird Financial Group Inc. now owns 29,488 shares of the specialty chemicals company’s stock valued at $1,706,000 after acquiring an additional 12,087 shares during the period. Cerity Partners LLC raised its position in shares of LyondellBasell Industries by 13.9% in the 2nd quarter. Cerity Partners LLC now owns 49,348 shares of the specialty chemicals company’s stock worth $2,855,000 after acquiring an additional 6,032 shares in the last quarter. Finally, Daiwa Securities Group Inc. raised its position in shares of LyondellBasell Industries by 9.9% in the 2nd quarter. Daiwa Securities Group Inc. now owns 41,416 shares of the specialty chemicals company’s stock worth $2,397,000 after acquiring an additional 3,715 shares in the last quarter. 71.20% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on LYB shares. Bank of America dropped their price objective on LyondellBasell Industries from $68.00 to $48.00 and set an “underperform” rating on the stock in a research report on Tuesday, June 30th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of LyondellBasell Industries from $75.00 to $80.00 and gave the stock a “hold” rating in a report on Tuesday, May 5th. Jefferies Financial Group increased their price target on shares of LyondellBasell Industries from $70.00 to $75.00 and gave the company a “hold” rating in a research report on Thursday, April 16th. JPMorgan Chase & Co. raised their price target on shares of LyondellBasell Industries from $50.00 to $75.00 and gave the company a “neutral” rating in a report on Monday, May 4th. Finally, Zacks Research downgraded shares of LyondellBasell Industries from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 1st. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, LyondellBasell Industries has a consensus rating of “Hold” and a consensus target price of $71.94.
LyondellBasell Industries Stock Up 3.0%
LyondellBasell Industries stock opened at $62.27 on Friday. The company has a debt-to-equity ratio of 1.12, a current ratio of 1.54 and a quick ratio of 1.03. The stock has a market capitalization of $20.10 billion, a price-to-earnings ratio of -55.11, a PEG ratio of 0.20 and a beta of 0.32. LyondellBasell Industries N.V. has a 1-year low of $41.58 and a 1-year high of $83.94. The business has a fifty day moving average price of $60.49 and a 200-day moving average price of $63.77.
LyondellBasell Industries (NYSE:LYB – Get Free Report) last announced its earnings results on Friday, July 31st. The specialty chemicals company reported $4.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.44 by $0.86. LyondellBasell Industries had a positive return on equity of 5.68% and a negative net margin of 2.68%.The company had revenue of $9.18 billion for the quarter, compared to analyst estimates of $9.21 billion. During the same period in the prior year, the company posted $0.62 EPS. The firm’s quarterly revenue was up 19.8% compared to the same quarter last year. Equities research analysts forecast that LyondellBasell Industries N.V. will post 8.57 EPS for the current fiscal year.
LyondellBasell Industries Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Monday, June 1st were paid a dividend of $0.69 per share. The ex-dividend date was Monday, June 1st. This represents a $2.76 dividend on an annualized basis and a dividend yield of 4.4%. LyondellBasell Industries’s payout ratio is presently -110.84%.
LyondellBasell Industries News Roundup
Here are the key news stories impacting LyondellBasell Industries this week:
- Positive Sentiment: LYB reported adjusted earnings of $4.30 per share, well above analyst expectations ranging from $3.44 to $3.56 and up sharply from $0.62 a year earlier. The earnings beat is the clearest catalyst behind the stock’s advance. LYB Q2 Earnings and Revenues Surpass Estimates
- Positive Sentiment: Management benefited from stronger margins, higher operating rates and tighter industry supply. Market recovery and supply disruptions supported pricing and profitability despite ongoing volatility. LYB Q2 Earnings and Sales Beat as Market Recovery Boosts Margins
- Positive Sentiment: Revenue reached $9.18 billion, up 19.8% year over year, while the company’s earnings release and conference call provided investors with updated insight into the recovery, operating performance and market outlook. LyondellBasell Reports Second Quarter 2026 Earnings LYB Q2 2026 Earnings Call Transcript
- Neutral Sentiment: The strong quarter was partly anticipated: analysts expected tighter petrochemical supply, firmer pricing and the Bayport restart to support margins. This may limit the surprise element of the report. LYB Set to Report Q2 Earnings
- Negative Sentiment: Although revenue growth was robust, the $9.18 billion result was slightly below one published consensus estimate of $9.21 billion. LYB also reported a negative net margin, underscoring that profitability remains sensitive to volatile chemical markets.
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.
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