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

The Manufacturers Life Insurance Company decreased its holdings in LyondellBasell Industries N.V. (NYSE:LYB) by 23.3% in the second quarter, Holdings Channel.com reports. The institutional investor owned 460,559 shares of the specialty chemicals company’s stock after selling 139,989 shares during the period. The Manufacturers Life Insurance Company’s holdings in LyondellBasell Industries were worth $24,248,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Sequoia Financial Advisors LLC raised its holdings in shares of LyondellBasell Industries by 112.6% during the second quarter. Sequoia Financial Advisors LLC now owns 20,460 shares of the specialty chemicals company’s stock valued at $1,077,000 after purchasing an additional 10,837 shares during the last quarter. WINTON GROUP Ltd boosted its holdings in LyondellBasell Industries by 244.8% in the second quarter. WINTON GROUP Ltd now owns 134,133 shares of the specialty chemicals company’s stock worth $7,062,000 after purchasing an additional 95,236 shares during the last quarter. Engineers Gate Manager LP raised its stake in LyondellBasell Industries by 158.6% during the 2nd quarter. Engineers Gate Manager LP now owns 341,172 shares of the specialty chemicals company’s stock valued at $17,963,000 after buying an additional 209,255 shares during the last quarter. Cidel Asset Management Inc. lifted its holdings in shares of LyondellBasell Industries by 2.0% during the 2nd quarter. Cidel Asset Management Inc. now owns 9,996 shares of the specialty chemicals company’s stock valued at $526,000 after buying an additional 193 shares during the period. Finally, Integrated Wealth Concepts LLC lifted its holdings in shares of LyondellBasell Industries by 110.5% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 27,932 shares of the specialty chemicals company’s stock valued at $1,471,000 after buying an additional 14,665 shares during the period. Institutional investors own 71.20% of the company’s stock.

Key Stories Impacting LyondellBasell Industries

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.

Analysts Set New Price Targets

Several brokerages recently commented on LYB. Zacks Research lowered LyondellBasell Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 1st. Alembic Global Advisors dropped their target price on LyondellBasell Industries from $95.00 to $83.00 and set an “overweight” rating on the stock in a research report on Thursday, July 2nd. Weiss Ratings downgraded LyondellBasell Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, August 26th. Morgan Stanley cut their price target on LyondellBasell Industries from $77.00 to $72.00 and set an “overweight” rating for the company in a research note on Monday, July 20th. Finally, BMO Capital Markets increased their price objective on shares of LyondellBasell Industries from $64.00 to $68.00 and gave the stock a “market perform” rating in a research note on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $72.41.

LyondellBasell Industries Trading Down 0.9%

NYSE:LYB opened at $63.72 on Friday. LyondellBasell Industries N.V. has a one year low of $41.58 and a one year high of $83.94. The business has a fifty day moving average price of $61.72 and a 200-day moving average price of $65.99. The firm has a market capitalization of $20.58 billion, a price-to-earnings ratio of -56.38, a price-to-earnings-growth ratio of 0.17 and a beta of 0.31. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.64 and a quick ratio of 1.07.

LyondellBasell Industries (NYSE:LYB) last released its earnings results on Friday, July 31st. The specialty chemicals company reported $4.30 earnings per share for the quarter, beating 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 company 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 business earned $0.62 earnings per share. LyondellBasell Industries’s quarterly revenue was up 19.8% compared to the same quarter last year. Sell-side analysts forecast that LyondellBasell Industries N.V. will post 9.18 EPS for the current year.

LyondellBasell Industries Dividend Announcement

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

LyondellBasell Industries Company Profile

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.