LyondellBasell Industries
About: LyondellBasell is a petrochemical producer with operations in the United States, Europe, and Asia. The company is the world's largest producer of polypropylene and is also a major producer of polyethylene and propylene oxide. Its chemicals are used in various consumer and industrial end products. Well over half of LyondellBasell's production comes from its North American operations.
Employees: 20,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
16% more repeat investments, than reductions
Existing positions increased: 409 | Existing positions reduced: 352
7% more first-time investments, than exits
New positions opened: 102 | Existing positions closed: 95
1% more funds holding
Funds holding: 1,001 [Q1] → 1,008 (+7) [Q2]
1.1% less ownership
Funds ownership: 72.43% [Q1] → 71.33% (-1.1%) [Q2]
8% less capital invested
Capital invested by funds: $24B [Q1] → $22.2B (-$1.81B) [Q2]
23% less funds holding in top 10
Funds holding in top 10: 13 [Q1] → 10 (-3) [Q2]
30% less call options, than puts
Call options by funds: $265M | Put options by funds: $379M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Barclays Michael Leithead 68% 1-year accuracy 13 / 19 met price target | 5%upside $99 | Equal-Weight Maintained | 7 Oct 2024 |
JP Morgan Jeffrey Zekauskas 81% 1-year accuracy 25 / 31 met price target | 17%upside $110 | Overweight Maintained | 13 Sept 2024 |
Deutsche Bank David Begleiter 50% 1-year accuracy 4 / 8 met price target | 17%upside $110 | Hold Maintained | 6 Aug 2024 |
JP Morgan Jeffrey Zekauskas 81% 1-year accuracy 25 / 31 met price target | 20%upside $113 | Overweight Maintained | 5 Aug 2024 |
Wells Fargo Michael Sison 67% 1-year accuracy 18 / 27 met price target | 17%upside $110 | Overweight Maintained | 5 Aug 2024 |
Financial journalist opinion
Based on 10 articles about LYB published over the past 30 days