The Manufacturers Life Insurance Company Reduces Stock Holdings in LyondellBasell Industries N.V. $LYB

The Manufacturers Life Insurance Company reduced its stake in shares of LyondellBasell Industries N.V. (NYSE:LYB) by 23.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 460,559 shares of the specialty chemicals company’s stock after selling 139,989 shares during the quarter. The Manufacturers Life Insurance Company owned approximately 0.14% of LyondellBasell Industries worth $24,248,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. boosted its stake in shares of LyondellBasell Industries by 16.7% during the 2nd quarter. BlackRock Inc. now owns 29,298,859 shares of the specialty chemicals company’s stock valued at $1,542,585,000 after purchasing an additional 4,185,571 shares in the last quarter. California State Teachers Retirement System raised its stake in LyondellBasell Industries by 5,280.5% in the second quarter. California State Teachers Retirement System now owns 15,773,782 shares of the specialty chemicals company’s stock worth $830,490,000 after buying an additional 15,480,616 shares in the last quarter. State Street Corp lifted its holdings in LyondellBasell Industries by 2.7% in the fourth quarter. State Street Corp now owns 13,544,711 shares of the specialty chemicals company’s stock worth $586,486,000 after buying an additional 361,761 shares during the period. Charles Schwab Investment Management Inc. boosted its position in LyondellBasell Industries by 4.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 10,102,068 shares of the specialty chemicals company’s stock valued at $437,420,000 after acquiring an additional 399,130 shares in the last quarter. Finally, Capital World Investors grew its holdings in shares of LyondellBasell Industries by 0.4% during the 4th quarter. Capital World Investors now owns 9,843,930 shares of the specialty chemicals company’s stock worth $426,242,000 after acquiring an additional 36,187 shares during the period. 71.20% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

LYB has been the subject of several research reports. UBS Group increased their target price on LyondellBasell Industries from $56.00 to $64.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 4th. Mizuho increased their price objective on LyondellBasell Industries from $62.00 to $66.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. Bank of America lowered their price objective on LyondellBasell Industries from $68.00 to $48.00 and set an “underperform” rating for the company in a research report on Tuesday, June 30th. KeyCorp started coverage on shares of LyondellBasell Industries in a research report on Thursday. They issued a “sector weight” rating on the stock. Finally, Morgan Stanley decreased their price target on shares of LyondellBasell Industries from $77.00 to $72.00 and set an “overweight” rating for the company in a research note on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eight have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, LyondellBasell Industries currently has an average rating of “Hold” and an average price target of $72.41.

LyondellBasell Industries News Summary

Here are the key news stories impacting LyondellBasell Industries this week:

• Neutral Sentiment: KeyCorp’s initiation provides new analyst coverage but no immediate upgrade catalyst, as the firm recommends a sector-weight position. KeyBanc initiates coverage of LyondellBasell Industries NV at sector weight
• Neutral Sentiment: Brokerage sentiment remains cautious: LyondellBasell received an average overall rating of “Hold”, suggesting analysts see limited near-term upside relative to risk. LyondellBasell Industries Receives Average Rating of Hold from Brokerages
• Neutral Sentiment: A media list identifying ten undervalued materials stocks and placing LyondellBasell at the top could support the stock’s value-investment appeal, although it does not represent a formal analyst recommendation. Ten undervalued materials stocks to watch, led by LyondellBasell
• Negative Sentiment: KeyCorp estimates quarterly EPS of $2.72 for Q3 2026 and $1.50 for Q4 2026, with FY2026 EPS of $9.05 versus the broader consensus of $9.20. The firm projects a sharper decline to $6.45 in FY2027 and $6.40 in FY2028, raising concerns about weaker future earnings momentum.

LyondellBasell Industries Stock Down 0.9%

LYB stock opened at $63.72 on Friday. The business has a 50 day moving average of $61.72 and a 200 day moving average of $65.99. The firm has a market cap of $20.58 billion, a PE ratio of -56.38, a price-to-earnings-growth ratio of 0.17 and a beta of 0.31. LyondellBasell Industries N.V. has a twelve month low of $41.58 and a twelve 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.

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

LyondellBasell Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 31st. Investors of record on Monday, August 24th were paid a $0.69 dividend. The ex-dividend date was Monday, August 24th. This represents a $2.76 dividend on an annualized basis and a yield of 4.3%. LyondellBasell Industries’s payout ratio is presently -244.25%.

About LyondellBasell Industries

LyondellBasell Industries N.V. (NYSE: LYB) is a global chemical company that produces plastics, chemicals and refined products used in packaging, transportation, construction, healthcare, electronics and other consumer and industrial applications. Its portfolio includes polyethylene, polypropylene, propylene oxide, oxyfuels, acetyls and other intermediate chemicals, as well as advanced polymer compounds and solutions.

The company operates across the petrochemical value chain, converting hydrocarbon feedstocks into materials and specialty products.