Albemarle (ALB)

• Market cap: $6.82B
• 1 day: 0.85%
• 5 days: -2.79%
• 1 month: -4.20%
• 3 months: -22.90%
• 6 months: -47.57%
• Year to date: -32.03%
• 1 year: -56.62%
• 5 years: -10.06%
• 10 years: -8.41%
• Sector: Materials
• Industry: Specialty Chemicals

About: Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the US and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the US, Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants. It is also a major producer of oil refining catalysts.

Employees: 8,300

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

50% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 3 (+1) [Q4]

11% more first-time investments, than exits

New positions opened: 128 | Existing positions closed: 115

7.74% more ownership

Funds ownership: 88.6% [Q3] → 96.34% (+7.74%) [Q4]

1% less funds holding

Funds holding: 786 [Q3] → 781 (-5) [Q4]

1% less capital invested

Capital invested by funds: $9.86B [Q3] → $9.74B (-$121M) [Q4]

21% less repeat investments, than reductions

Existing positions increased: 243 | Existing positions reduced: 306

32% less call options, than puts

Call options by funds: $711M | Put options by funds: $1.04B

Research analyst outlook

13 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $58 0% upside
• Avg. target: $71 23% upside
• High target: $102 76% upside

13 analyst ratings

• positive: 2 15%
• neutral: 9 69%
• negative: 2 15%

Scotiabank Ben Isaacson 43% 1-year accuracy 6 / 14 met price target	12% upside $65	Sector Perform Maintained	6 May 2025
Morgan Stanley Vincent Andrews 50% 1-year accuracy 6 / 12 met price target	0% upside $58	Underweight Maintained	6 May 2025
JP Morgan Jeffrey Zekauskas 28% 1-year accuracy 11 / 40 met price target	4% upside $60	Neutral Maintained	6 May 2025
Keybanc Aleksey Yefremov 26% 1-year accuracy 30 / 114 met price target	64% upside $95	Overweight Maintained	2 May 2025
TD Securities David Deckelbaum 75% 1-year accuracy 3 / 4 met price target	12% upside $65	Hold Maintained	1 May 2025