LyondellBasell Industries (LYB) – Research Analysts’ Recent Ratings Updates

Several analysts have recently updated their ratings and price targets for LyondellBasell Industries (NYSE: LYB):

• 12/24/2024 – LyondellBasell Industries was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 12/19/2024 – LyondellBasell Industries had its price target lowered by analysts at Royal Bank of Canada from $104.00 to $92.00. They now have an “outperform” rating on the stock.
• 12/16/2024 – LyondellBasell Industries was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 12/12/2024 – LyondellBasell Industries had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $96.00 to $86.00. They now have a “sell” rating on the stock.
• 12/10/2024 – LyondellBasell Industries had its price target lowered by analysts at Wells Fargo & Company from $105.00 to $95.00. They now have an “overweight” rating on the stock.
• 12/9/2024 – LyondellBasell Industries had its price target lowered by analysts at Mizuho from $97.00 to $85.00. They now have a “neutral” rating on the stock.
• 12/6/2024 – LyondellBasell Industries had its price target lowered by analysts at JPMorgan Chase & Co. from $100.00 to $90.00. They now have an “overweight” rating on the stock.
• 11/30/2024 – LyondellBasell Industries was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 11/22/2024 – LyondellBasell Industries was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 11/14/2024 – LyondellBasell Industries was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 11/8/2024 – LyondellBasell Industries had its price target lowered by analysts at Piper Sandler from $117.00 to $112.00. They now have an “overweight” rating on the stock.
• 11/6/2024 – LyondellBasell Industries was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 11/5/2024 – LyondellBasell Industries had its price target lowered by analysts at Wells Fargo & Company from $110.00 to $105.00. They now have an “overweight” rating on the stock.
• 11/4/2024 – LyondellBasell Industries had its price target lowered by analysts at JPMorgan Chase & Co. from $110.00 to $100.00. They now have an “overweight” rating on the stock.
• 11/4/2024 – LyondellBasell Industries had its price target lowered by analysts at Royal Bank of Canada from $110.00 to $104.00. They now have an “outperform” rating on the stock.
• 11/4/2024 – LyondellBasell Industries had its price target lowered by analysts at Mizuho from $101.00 to $97.00. They now have a “neutral” rating on the stock.
• 11/4/2024 – LyondellBasell Industries had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from $100.00 to $94.00. They now have a “hold” rating on the stock.
• 11/4/2024 – LyondellBasell Industries had its price target lowered by analysts at Barclays PLC from $99.00 to $95.00. They now have an “equal weight” rating on the stock.

LyondellBasell Industries Stock Up 0.1 %

LyondellBasell Industries stock traded up $0.11 during trading on Tuesday, hitting $74.12. 1,016,342 shares of the company were exchanged, compared to its average volume of 2,020,201. The company has a current ratio of 2.13, a quick ratio of 1.25 and a debt-to-equity ratio of 0.81. The business’s 50 day moving average is $82.92 and its 200 day moving average is $91.20. LyondellBasell Industries has a 52 week low of $72.93 and a 52 week high of $107.02. The company has a market capitalization of $24.07 billion, a P/E ratio of 11.28, a PEG ratio of 2.16 and a beta of 1.05.

LyondellBasell Industries (NYSE:LYB) last announced its quarterly earnings data on Friday, November 1st. The specialty chemicals company reported $1.88 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.10). The business had revenue of $10.33 billion during the quarter, compared to the consensus estimate of $10.60 billion. LyondellBasell Industries had a net margin of 5.29% and a return on equity of 17.05%. The firm’s revenue for the quarter was down 2.8% compared to the same quarter last year. During the same quarter last year, the company earned $2.46 EPS. Analysts predict that LyondellBasell Industries will post 7.02 earnings per share for the current year.

LyondellBasell Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Monday, December 2nd were issued a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 7.23%. The ex-dividend date was Monday, December 2nd. LyondellBasell Industries’s dividend payout ratio (DPR) is presently 81.58%.

Insider Activity at LyondellBasell Industries

In other news, Director Robin W.T. Buchanan purchased 5,000 shares of the stock in a transaction dated Friday, December 13th. The shares were purchased at an average cost of $76.06 per share, with a total value of $380,300.00. Following the completion of the acquisition, the director now owns 18,175 shares in the company, valued at $1,382,390.50. This represents a 37.95 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.11% of the stock is owned by company insiders.

Institutional Investors Weigh In On LyondellBasell Industries

Several large investors have recently added to or reduced their stakes in the business. State Street Corp lifted its stake in LyondellBasell Industries by 1.9% during the third quarter. State Street Corp now owns 12,202,118 shares of the specialty chemicals company’s stock worth $1,170,183,000 after purchasing an additional 230,327 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in LyondellBasell Industries by 4.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 8,023,982 shares of the specialty chemicals company’s stock worth $769,500,000 after buying an additional 362,671 shares during the last quarter. Geode Capital Management LLC lifted its position in LyondellBasell Industries by 4.4% in the 3rd quarter. Geode Capital Management LLC now owns 6,605,151 shares of the specialty chemicals company’s stock worth $638,964,000 after buying an additional 277,108 shares during the last quarter. Pacer Advisors Inc. grew its position in LyondellBasell Industries by 13.6% during the second quarter. Pacer Advisors Inc. now owns 4,828,869 shares of the specialty chemicals company’s stock valued at $461,930,000 after acquiring an additional 579,300 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in LyondellBasell Industries by 3.8% during the second quarter. Dimensional Fund Advisors LP now owns 4,695,361 shares of the specialty chemicals company’s stock valued at $449,175,000 after acquiring an additional 170,464 shares during the last quarter. Institutional investors own 71.20% of the company’s stock.

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.