XML Financial LLC Has $588,000 Stock Holdings in LyondellBasell Industries N.V. $LYB

XML Financial LLC trimmed its position in shares of LyondellBasell Industries N.V. (NYSE:LYB) by 40.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,177 shares of the specialty chemicals company’s stock after selling 7,529 shares during the period. XML Financial LLC’s holdings in LyondellBasell Industries were worth $588,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Jamison Private Wealth Management Inc. grew its holdings in shares of LyondellBasell Industries by 1.6% during the 1st quarter. Jamison Private Wealth Management Inc. now owns 10,915 shares of the specialty chemicals company’s stock worth $879,000 after purchasing an additional 172 shares in the last quarter. Investment Research Partners LLC increased its position in shares of LyondellBasell Industries by 4.4% during the fourth quarter. Investment Research Partners LLC now owns 5,100 shares of the specialty chemicals company’s stock valued at $221,000 after purchasing an additional 214 shares during the period. Ipsen Advisor Group LLC raised its stake in shares of LyondellBasell Industries by 2.4% in the first quarter. Ipsen Advisor Group LLC now owns 9,359 shares of the specialty chemicals company’s stock valued at $754,000 after purchasing an additional 216 shares in the last quarter. Rothschild Investment LLC lifted its position in LyondellBasell Industries by 3.5% in the fourth quarter. Rothschild Investment LLC now owns 8,025 shares of the specialty chemicals company’s stock worth $347,000 after purchasing an additional 272 shares during the period. Finally, Moors & Cabot Inc. boosted its stake in LyondellBasell Industries by 5.6% during the third quarter. Moors & Cabot Inc. now owns 5,495 shares of the specialty chemicals company’s stock worth $269,000 after buying an additional 293 shares in the last quarter. Institutional investors and hedge funds own 71.20% of the company’s stock.

LyondellBasell Industries Trading Up 2.2%

Shares of LYB stock opened at $66.59 on Thursday. The company has a market capitalization of $21.51 billion, a P/E ratio of -58.93, a P/E/G ratio of 0.18 and a beta of 0.31. LyondellBasell Industries N.V. has a 12-month low of $41.58 and a 12-month high of $83.94. The company has a quick ratio of 1.07, a current ratio of 1.64 and a debt-to-equity ratio of 1.05. The firm has a 50-day moving average price of $60.28 and a 200 day moving average price of $65.68.

LyondellBasell Industries (NYSE:LYB) last issued its quarterly earnings data on Friday, July 31st. The specialty chemicals company reported $4.30 earnings per share for the quarter, topping the consensus estimate of $3.44 by $0.86. The firm had revenue of $9.18 billion for the quarter, compared to analysts’ expectations of $9.21 billion. LyondellBasell Industries had a negative net margin of 1.13% and a positive return on equity of 17.44%. The company’s quarterly revenue was up 19.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.62 earnings per share. Research analysts forecast that LyondellBasell Industries N.V. will post 9.2 earnings per share for the current fiscal year.

LyondellBasell Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, August 31st. Investors of record on Monday, August 24th were given a dividend of $0.69 per share. The ex-dividend date was Monday, August 24th. This represents a $2.76 dividend on an annualized basis and a yield of 4.1%. LyondellBasell Industries’s dividend payout ratio is -244.25%.

Analysts Set New Price Targets

LYB has been the topic of several analyst reports. Zacks Research lowered shares of LyondellBasell Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 1st. Royal Bank Of Canada lifted their target price on shares of LyondellBasell Industries from $65.00 to $72.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Weiss Ratings cut shares of LyondellBasell Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, August 26th. BMO Capital Markets increased their price target on shares of LyondellBasell Industries from $64.00 to $68.00 and gave the stock a “market perform” rating in a research report on Monday, August 3rd. Finally, UBS Group raised their price target on shares of LyondellBasell Industries from $56.00 to $64.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, seven have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $72.56.

LyondellBasell Industries Company 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.