Marathon Trading Investment Management LLC Makes New $1.41 Million Investment in LyondellBasell Industries N.V. $LYB

Marathon Trading Investment Management LLC purchased a new position in LyondellBasell Industries N.V. (NYSE:LYB) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 32,614 shares of the specialty chemicals company’s stock, valued at approximately $1,412,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in LYB. Stance Capital LLC acquired a new stake in LyondellBasell Industries during the third quarter valued at $27,000. Clearstead Advisors LLC increased its position in LyondellBasell Industries by 140.3% in 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 during the last quarter. ORG Partners LLC increased its position in LyondellBasell Industries by 960.0% in the 4th quarter. ORG Partners LLC now owns 689 shares of the specialty chemicals company’s stock worth $30,000 after purchasing an additional 624 shares during the last quarter. Quarry LP purchased a new stake in shares of LyondellBasell Industries during the 3rd quarter worth about $31,000. Finally, Key Capital Management INC acquired a new stake in shares of LyondellBasell Industries during the 4th quarter valued at about $34,000. 71.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Royal Bank Of Canada increased their price objective on LyondellBasell Industries from $91.00 to $94.00 and gave the stock an “outperform” rating in a report on Monday, May 4th. Wells Fargo & Company raised shares of LyondellBasell Industries from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $80.00 to $98.00 in a research report on Thursday, May 28th. Alembic Global Advisors upgraded shares of LyondellBasell Industries from a “neutral” rating to an “overweight” rating in a research note on Thursday, April 9th. Bank of America restated an “underperform” rating and set a $55.00 price target on shares of LyondellBasell Industries in a report on Monday, April 6th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of LyondellBasell Industries from $75.00 to $80.00 and gave the company a “hold” rating in a research note on Tuesday, May 5th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $76.71.

LyondellBasell Industries Stock Down 0.3%

Shares of LyondellBasell Industries stock opened at $64.36 on Monday. The stock has a market capitalization of $20.78 billion, a P/E ratio of -25.85, a PEG ratio of 0.15 and a beta of 0.28. The company has a quick ratio of 1.03, a current ratio of 1.54 and a debt-to-equity ratio of 1.12. The stock has a 50 day moving average price of $71.23 and a two-hundred day moving average price of $60.65. LyondellBasell Industries N.V. has a 12-month low of $41.58 and a 12-month high of $83.94.

LyondellBasell Industries (NYSE:LYB) last released its quarterly earnings results on Friday, May 1st. The specialty chemicals company reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.18. LyondellBasell Industries had a negative net margin of 2.68% and a positive return on equity of 5.68%. The company had revenue of $7.20 billion for the quarter, compared to analyst estimates of $7.53 billion. During the same quarter last year, the firm posted $0.33 earnings per share. The company’s quarterly revenue was down 6.3% compared to the same quarter last year. Equities analysts expect that LyondellBasell Industries N.V. will post 8.73 earnings per share for the current year.

LyondellBasell Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 8th. Investors of record on Monday, June 1st were issued a $0.69 dividend. This represents a $2.76 annualized dividend and a yield of 4.3%. The ex-dividend date was Monday, June 1st. LyondellBasell Industries’s dividend payout ratio (DPR) is -110.84%.

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.