State Street Corp increased its holdings in LyondellBasell Industries by 9.1% during the second quarter. A September 24, 2026, SEC filing shows the asset manager now owns 4.56% of the specialty chemicals firm. The total stake is valued at $775.79 million.
The move indicates a bullish outlook from the institutional investor. Analyst sentiment remains mixed with a consensus Hold rating.
JPMorgan recently upgraded the stock to overweight, while Weiss Ratings issued a sell downgrade. LyondellBasell reported an earnings per share beat in late July, though revenue fell below expectations.