LyondellBasell Industries (NYSE:LYB) Price Target Raised to $90.00 at Citigroup

LyondellBasell Industries (NYSE:LYB) had its target price boosted by Citigroup from $76.00 to $90.00 in a research report sent to investors on Wednesday morning, Marketbeat Ratings reports. The brokerage currently has a buy rating on the specialty chemicals company’s stock.

Several other research firms also recently commented on LYB. Wolfe Research lowered their target price on shares of LyondellBasell Industries from $39.00 to $38.00 and set an “underperform” rating on the stock in a research report on Monday, February 2nd. Jefferies Financial Group increased their target price on shares of LyondellBasell Industries from $51.00 to $70.00 and gave the stock a “hold” rating in a research report on Tuesday, March 10th. Weiss Ratings reissued a “sell (d+)” rating on shares of LyondellBasell Industries in a research report on Thursday, January 22nd. The Goldman Sachs Group reaffirmed a “sell” rating on shares of LyondellBasell Industries in a research report on Monday, February 2nd. Finally, Wall Street Zen raised LyondellBasell Industries from a “sell” rating to a “hold” rating in a research report on Saturday, March 21st. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, thirteen have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $68.17.

LyondellBasell Industries Trading Down 7.5%

LyondellBasell Industries stock opened at $74.25 on Wednesday. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.77 and a quick ratio of 1.20. The company has a market capitalization of $23.92 billion, a price-to-earnings ratio of -31.87, a PEG ratio of 0.46 and a beta of 0.40. LyondellBasell Industries has a one year low of $41.58 and a one year high of $83.94. The company’s fifty day moving average price is $65.25 and its two-hundred day moving average price is $53.00.

LyondellBasell Industries (NYSE:LYB) last posted its earnings results on Saturday, February 21st. The specialty chemicals company reported ($0.26) EPS for the quarter. The business had revenue of $7.09 billion for the quarter. LyondellBasell Industries had a positive return on equity of 4.93% and a negative net margin of 2.46%. On average, analysts forecast that LyondellBasell Industries will post 6.31 earnings per share for the current fiscal year.

LyondellBasell Industries Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 9th. Stockholders of record on Monday, March 2nd were given a $0.69 dividend. This represents a $2.76 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, March 2nd. LyondellBasell Industries’s dividend payout ratio (DPR) is currently -118.45%.

Insider Activity

In other news, major shareholder Ai Investments Holdings Llc sold 384,548 shares of the firm’s stock in a transaction dated 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 sale, the insider directly owned 5,270,918 shares of the company’s stock, valued at approximately $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 can be accessed through this hyperlink. Corporate insiders own 0.14% of the company’s stock.

Institutional Investors Weigh In On LyondellBasell Industries

Several hedge funds and other institutional investors have recently made changes to their positions in the business. EMC Capital Management grew its position in LyondellBasell Industries by 46.7% during the fourth quarter. EMC Capital Management now owns 2,200 shares of the specialty chemicals company’s stock worth $95,000 after buying an additional 700 shares in the last quarter. Flax Pond Capital LLC acquired a new stake in LyondellBasell Industries during the fourth quarter worth about $3,494,000. SHP Wealth Management acquired a new stake in LyondellBasell Industries during the fourth quarter worth about $39,000. Virtu Financial LLC grew its position in LyondellBasell Industries by 212.7% during the fourth quarter. Virtu Financial LLC now owns 93,876 shares of the specialty chemicals company’s stock worth $4,065,000 after buying an additional 63,854 shares in the last quarter. Finally, MV Capital Management Inc. acquired a new stake in LyondellBasell Industries during the fourth quarter worth about $52,000. 71.20% of the stock is owned by institutional investors and hedge funds.

Key LyondellBasell Industries News

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

• Positive Sentiment: Supply disruption benefits could lift margins — a Seeking Alpha note argues LYB should see a material earnings surge as Middle East disruptions tighten global chemical supply and enhance U.S. producers’ pricing power; the piece cites a large upward revision to EPS forecasts and notes LYB’s cost advantage and attractive valuation despite a recent dividend cut. Article Link
• Positive Sentiment: Citi upgraded LYB to Buy and raised its price target to $90, giving roughly ~21% upside from current levels — a meaningful institutional endorsement that could attract buyers if other macro headlines calm. Article Link
• Neutral Sentiment: Unusual options flow — roughly 19,265 put contracts traded (≈83% above typical put volume) — may reflect hedging by longs or speculative bearish bets; this raises short‑term volatility risk but is not a directional fundamental change by itself.
• Neutral Sentiment: Analyst commentary highlights both conflict‑driven supply tailwinds and caution on pricing/cash use — Yahoo pieces note the same tailwind but stress analyst skepticism on sustainability and capital allocation, which could temper enthusiasm until clearer earnings evidence appears. Article Link Article Link
• Negative Sentiment: Cease‑fire headline reduces the geopolitical supply premium — Barron’s flags that a U.S.–Iran two‑week cease‑fire could remove the scarcity-driven upside for commodity chemical stocks, which likely pressured LYB shares today. Article Link
• Negative Sentiment: Bank of America reaffirmed an “Underperform” rating, signaling continued sell‑side caution that could cap near‑term upside absent clearer, sustainable earnings beats. Article Link

LyondellBasell Industries Company 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.