Eagle Capital Management Adds $279K in LyondellBasell Industries N.V. ($LYB)
Eagle Capital Management has initiated a new position in LYB, acquiring 4,395 shares.
Key Points
- Eagle Capital Management acquired 4,395 shares of LYB, valued at approximately $278,951, as per its latest 13F filing.
- Shares of LYB traded around $63.47 with analysts from Wells Fargo upgrading the stock to a 'buy' with a target of $98 on May 28, 2026.
- Insiders at LYB have been selling shares, with multiple transactions on May 22, 2026, at an average price of $69.72.
Eagle Capital Management has taken a new position in LYB, according to its latest filing with the SEC on May 15, 2026. The firm acquired 4,395 shares, which are valued at approximately $278,951. This marks a fresh investment for the fund, which had no previous holdings in LYB.
What Changed in Eagle Capital Management's LYB Position
Eagle Capital Management's move to acquire 4,395 shares of LYB is a new investment, as the fund previously held no shares in the company. The shares, bought at an average cost of $60.55, are now valued at around $278,951. This new position reflects the firm's interest in LYB.
Other Institutional Activity in LYB
Several large funds have also been active in LYB. BlackRock, Inc. reduced its holdings by 10,213,194 shares, leaving it with 25,113,288 shares valued at about $2.02 billion. Dodge & Cox trimmed its position slightly by 39,925 shares, ending with 16,839,152 shares worth approximately $1.36 billion. Meanwhile, Vanguard Capital Management LLC entered a new position with 16,759,788 shares valued at about $1.35 billion. State Street Corp decreased its stake by 35,596 shares, holding 13,509,115 shares worth $1.09 billion. Capital World Investors added 1,905,480 shares, bringing its total to 11,749,410 shares valued at $946.5 million.
LYB Stock Snapshot
Shares of LYB traded near $63.47. The stock's price reflects the company's current market conditions as investors react to recent activity and analyst ratings.
Insider Buying and Selling at LyondellBasell Industries N.V.
Insider activity at LYB saw several sales on May 22, 2026. Virginia Kamsky sold 593 shares, Robin W.T. Buchanan disposed of 1,247 shares, and Michael Sean Hanley sold 540 shares, all at an average price of $69.72. Bridget Karlin, Albert Jude Manifold, and Robert Dudley each sold shares on the same day, with no transactions under Rule 10b5-1 plans.
Analysts Set New Price Targets
Analyst activity has been busy for LYB. On May 28, 2026, Wells Fargo upgraded the stock to a 'buy' with a price target of $98. Citigroup kept its 'buy' rating with an $80 target on May 27, 2026. UBS maintained a 'hold' rating with an $82 target on May 5, 2026. The consensus among analysts is a 'buy' with an average target price of $83.5 from eight analysts.
Bottom Line
Eagle Capital Management's new position in LYB highlights its interest in the company as it navigates a dynamic market environment. The latest 13F filing shows that institutional investors are actively adjusting their stakes, while analysts provide varied perspectives on the stock's potential. Investors keep a close watch on these filings to gauge fund managers' confidence in particular stocks.
See Also
This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.
