Healthcare of Ontario Pension Plan Trust Fund lessened its holdings in LyondellBasell Industries N.V. (NYSE:LYB – Free Report) by 84.9% during the first quarter, HoldingsChannel reports. The fund owned 16,179 shares of the specialty chemicals company’s stock after selling 90,801 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in LyondellBasell Industries were worth $1,303,000 as of its most recent SEC filing.
Other hedge funds have also added to or reduced their stakes in the company. Clearstead Advisors LLC increased its holdings in LyondellBasell Industries by 140.3% during the 4th quarter. Clearstead Advisors LLC now owns 668 shares of the specialty chemicals company’s stock worth $29,000 after purchasing an additional 390 shares in the last quarter. Quarry LP bought a new position in shares of LyondellBasell Industries in the third quarter valued at approximately $31,000. Key Capital Management INC bought a new position in shares of LyondellBasell Industries in the fourth quarter valued at approximately $34,000. Fideuram Asset Management Ireland dac purchased a new position in shares of LyondellBasell Industries during the fourth quarter valued at approximately $34,000. Finally, Harbour Investments Inc. grew its holdings in LyondellBasell Industries by 74.7% during the fourth quarter. Harbour Investments Inc. now owns 884 shares of the specialty chemicals company’s stock worth $38,000 after buying an additional 378 shares in the last quarter. Institutional investors and hedge funds own 71.20% of the company’s stock.
Key LyondellBasell Industries News
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 Trading Up 3.0%
LyondellBasell Industries (NYSE:LYB – Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The specialty chemicals company reported $4.30 earnings per share for the quarter, topping analysts’ consensus estimates of $3.44 by $0.86. The company had revenue of $9.18 billion for the quarter, compared to the consensus estimate of $9.21 billion. LyondellBasell Industries had a negative net margin of 2.68% and a positive return on equity of 5.68%. The firm’s quarterly revenue was up 19.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.62 EPS. Equities research analysts anticipate that LyondellBasell Industries N.V. will post 8.57 EPS for the current year.
LyondellBasell Industries Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Monday, June 1st were given a $0.69 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $2.76 annualized dividend and a yield of 4.4%. LyondellBasell Industries’s payout ratio is currently -110.84%.
Analyst Ratings Changes
Several equities analysts have weighed in on LYB shares. Evercore raised their price objective on LyondellBasell Industries from $70.00 to $73.00 in a research note on Thursday, May 14th. Mizuho reduced their target price on shares of LyondellBasell Industries from $76.00 to $62.00 and set a “neutral” rating for the company in a research note on Wednesday, July 1st. Weiss Ratings downgraded shares of LyondellBasell Industries from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, June 24th. Jefferies Financial Group raised 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. Finally, The Goldman Sachs Group boosted their price target on shares of LyondellBasell Industries from $51.00 to $75.00 and gave the stock a “sell” rating in a report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $71.94.
View Our Latest Analysis on LYB
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.
See Also
- Five stocks we like better than LyondellBasell Industries
- Popular’s Earnings Beat Shows Why This Bank Stock Keeps Climbing
- ABB’s Rotork Deal Could Put These Flow Control Stocks Back in Focus
- GE HealthCare Stock Climbs on Vital Diagnostics Demand
- Lost in Space: Why Aerospace Valuations Are Plummeting Right Now
Want to see what other hedge funds are holding LYB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for LyondellBasell Industries N.V. (NYSE:LYB – Free Report).
Receive News & Ratings for LyondellBasell Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LyondellBasell Industries and related companies with MarketBeat.com's FREE daily email newsletter.
