LyondellBasell Industries N.V. (NYSE:LYB – Get Free Report) major shareholder Ai Investments Holdings Llc sold 384,548 shares of the stock in a transaction on Monday, March 9th. The stock was sold at an average price of $68.13, for a total value of $26,199,255.24. Following the completion of the transaction, the insider directly owned 5,270,918 shares in the company, valued at $359,107,643.34. This trade represents a 6.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Ai Investments Holdings Llc also recently made the following trade(s):
- On Monday, March 9th, Ai Investments Holdings Llc sold 842 shares of LyondellBasell Industries stock. The stock was sold at an average price of $68.13, for a total value of $57,365.46.
LyondellBasell Industries Stock Up 2.7%
Shares of NYSE:LYB traded up $1.80 during trading on Wednesday, hitting $67.41. The company’s stock had a trading volume of 9,453,177 shares, compared to its average volume of 7,471,370. The company has a market capitalization of $21.72 billion, a PE ratio of -28.93, a PEG ratio of 0.60 and a beta of 0.64. LyondellBasell Industries N.V. has a fifty-two week low of $41.58 and a fifty-two week high of $75.62. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.20 and a current ratio of 1.77. The stock’s 50-day moving average price is $53.77 and its two-hundred day moving average price is $49.86.
LyondellBasell Industries Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, March 9th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.69 per share. This represents a $2.76 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Monday, March 2nd. LyondellBasell Industries’s dividend payout ratio (DPR) is currently -118.45%.
Institutional Investors Weigh In On LyondellBasell Industries
Large investors have recently modified their holdings of the stock. MTM Investment Management LLC acquired a new position in shares of LyondellBasell Industries in the 2nd quarter valued at $26,000. Parvin Asset Management LLC purchased a new stake in LyondellBasell Industries during the second quarter valued at about $26,000. Capital A Wealth Management LLC boosted its holdings in shares of LyondellBasell Industries by 6,314.3% in the second quarter. Capital A Wealth Management LLC now owns 449 shares of the specialty chemicals company’s stock worth $26,000 after buying an additional 442 shares during the period. Stance Capital LLC purchased a new position in shares of LyondellBasell Industries in the third quarter worth approximately $27,000. Finally, EMC Capital Management acquired a new stake in LyondellBasell Industries during the 2nd quarter valued at $29,000. 71.20% of the stock is owned by institutional investors.
Key LyondellBasell Industries News
Here are the key news stories impacting LyondellBasell Industries this week:
- Positive Sentiment: RBC upgraded LYB to “Outperform,” a high‑profile analyst move that typically attracts buying interest and helped lift sentiment toward the shares. Read More.
- Positive Sentiment: Vertical Research raised its rating on LYB, adding to the cluster of buy/upgrades that are signaling improving analyst conviction. Read More.
- Positive Sentiment: Fermium Research upgraded LYB from “hold” to “strong‑buy,” another upgrade supporting short‑term demand for the shares. Read More.
- Positive Sentiment: Jefferies raised its price target from $51 to $70 (maintaining a “hold”), materially boosting the stock’s implied upside and reinforcing the narrative of improved fundamentals. Read More.
- Neutral Sentiment: LyondellBasell’s CFO will participate in a J.P. Morgan Industrials Conference fireside chat — a routine event that provides management access to investors and a forum for reiterating guidance and strategy. Read More.
- Neutral Sentiment: A comparative piece contrasts Geltech Solutions and LyondellBasell; it’s informational but not likely to move LYB materially on its own. Read More.
- Negative Sentiment: Earlier dividend recalibration — a 50% cut to $0.69/share — remains a negative for income‑focused shareholders; although management frames the cut as improving balance‑sheet and capital efficiency (and guidance was raised), the reduction can weigh on near‑term investor sentiment. Read More.
Analysts Set New Price Targets
LYB has been the subject of several recent analyst reports. KeyCorp upgraded shares of LyondellBasell Industries from a “sector weight” rating to an “overweight” rating and set a $73.00 price objective for the company in a report on Wednesday, March 4th. Zacks Research upgraded LyondellBasell Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 2nd. Wall Street Zen lowered LyondellBasell Industries from a “hold” rating to a “sell” rating in a research note on Saturday, November 22nd. The Goldman Sachs Group reissued a “sell” rating on shares of LyondellBasell Industries in a research note on Monday, February 2nd. Finally, Royal Bank Of Canada upgraded LyondellBasell Industries from a “sector perform” rating to an “outperform” rating and upped their price objective for the company from $51.00 to $82.00 in a report on Monday. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, fourteen have assigned a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, LyondellBasell Industries presently has a consensus rating of “Hold” and a consensus price target of $58.56.
About LyondellBasell Industries
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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