Albemarle (ALB)

• Market cap: $6.89B
• 1 day: -1.53%
• 5 days: 4.65%
• 1 month: -18.70%
• 3 months: -31.64%
• 6 months: -38.70%
• Year to date: -31.30%
• 1 year: -51.33%
• 5 years: -4.69%
• 10 years: -1.93%
• 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

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

• Low target: $60 2% upside
• Avg. target: $77 32% upside
• High target: $122 108% upside

11 analyst ratings

• positive: 2 18%
• neutral: 7 64%
• negative: 2 18%

Citigroup Patrick Cunningham 32% 1-year accuracy 11 / 34 met price target	9% upside $64	Neutral Maintained	15 Apr 2025
Baird Ben Kallo 53% 1-year accuracy 21 / 40 met price target	2% upside $60	Neutral Maintained	15 Apr 2025
Keybanc Bradley Thomas 72% 1-year accuracy 18 / 25 met price target	74% upside $102	Overweight Maintained	14 Apr 2025
Truist Securities Peter Osterland 36% 1-year accuracy 5 / 14 met price target	11% upside $65	Hold Maintained	14 Apr 2025
Wells Fargo Michael Sison 24% 1-year accuracy 13 / 54 met price target	2% upside $60	Equal-Weight Maintained	9 Apr 2025