Albemarle
ALB

$76.90

6.78%

Market Cap: $9.04B

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: 9,000

Materials Plastic Materials, Synthetic Resins & Nonvulcan Elastomers

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 19 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

0.2% less ownership

Funds ownership: 92.12% [Q1] → 91.91% (-0.2%) [Q2]

3% less repeat investments, than reductions

Existing positions increased: 308 | Existing positions reduced: 319

8% less funds holding

Funds holding: 886 [Q1] → 812 (-74) [Q2]

28% less capital invested

Capital invested by funds: $14.4B [Q1] → $10.3B (-$4.06B) [Q2]

40% less call options, than puts

Call options by funds: $787M | Put options by funds: $1.32B

46% less first-time investments, than exits

New positions opened: 88 | Existing positions closed: 162

50% less funds holding in top 10

Funds holding in top 10: 6 [Q1] → 3 (-3) [Q2]

See Fund Rankings

Research analyst outlook

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

Low target

$78

1%

upside

Avg. target

$109

42%

upside

High target

$178

131%

upside

19 analyst ratings

7 positive

37%

10 neutral

53%

2 negative

11%

Evercore ISI Group Stephen Richardson 30% 1-year accuracy 3 / 10 met price target	121%upside $170	Outperform Maintained	28 Aug 2024
JP Morgan Jeffrey Zekauskas 76% 1-year accuracy 25 / 33 met price target	1%upside $78	Neutral Maintained	19 Aug 2024
Deutsche Bank Corinne Blanchard 0% 1-year accuracy 0 / 5 met price target	4%upside $80	Hold Maintained	16 Aug 2024
Piper Sandler Charles Neivert 67% 1-year accuracy 22 / 33 met price target	17%upside $90	Underweight Maintained	8 Aug 2024
Scotiabank Ben Isaacson 15% 1-year accuracy 2 / 13 met price target	11%upside $85	Sector Perform Maintained	6 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 17 articles about ALB published over the past 30 days

12 Upcoming Dividend Increases

As fall approaches, twelve smaller financial institutions are set to increase dividends, averaging a 7.6% increase. My investment strategy focuses on companies with consistent dividend growth and outperforming benchmarks, using data from U.S. Dividend Champions and NASDAQ. SCHD outperformed most companies with a 197% total return over the past decade, with BR and CSWC showing notable performance.

12 Upcoming Dividend Increases

Pure Energy Signs Letter of Intent to Option Railroad Valley Property from Ameriwest Lithium Inc

Vancouver, British Columbia--(Newsfile Corp. - September 4, 2024) - Pure Energy Minerals Ltd. (TSXV: PE) (OTCQB: PEMIF) ("Pure Energy" or "the Company") is pleased to announce that it has signed a Letter of Intent ("LOI") dated August 30, 2024 to acquire up to an 85% interest in the Railroad Valley Property (the "Property"), located in Nye County, Nevada, from Ameriwest Lithium Inc. ("Ameriwest" or "AWLI").

Pure Energy Signs Letter of Intent to Option Railroad Valley Property from Ameriwest Lithium Inc

My Best Dividend Aristocrats For September 2024

The ProShares S&P 500 Dividend Aristocrats ETF kicks off the second half of 2024 with a bang, posting a gain of 5.15% in July. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 37 months of tracking these strategies, two strategies are outperforming NOBL, while 1 remains marginally behind.

My Best Dividend Aristocrats For September 2024

Zacks Investment Research

Albemarle Corporation (ALB) Is a Trending Stock: Facts to Know Before Betting on It

Albemarle (ALB) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Albemarle Corporation (ALB) Is a Trending Stock: Facts to Know Before Betting on It

Zacks Investment Research

Here's Why You Should Retain Albemarle Stock in Your Portfolio

ALB gains on higher lithium volumes, actions to boost its lithium conversion capacity and productivity actions amid headwinds from softer prices.

Here's Why You Should Retain Albemarle Stock in Your Portfolio

The Motley Fool

Albemarle Corp. Stock: Bull vs. Bear

The concern over the lithium market isn't just a near-term concern. Albemarle continues to generate strong cash flow despite its decline in profitability.

Albemarle Corp. Stock: Bull vs. Bear

2 Blue Chips Potentially Set To Soar And 1 You Should Ignore

After an impressive rally, the market is almost back to record highs, but it's always and forever a market of stocks, not a stock market. Dozens of companies are trading at 52-week lows. Some are value traps to ignore, and some are blue-chip bargains potentially set to soar. ALB is a dividend aristocrat with earnings that have collapsed by 95%. While its balance sheet is strong enough to keep the dividend intact, it offers negative return potential for several years.

2 Blue Chips Potentially Set To Soar And 1 You Should Ignore

6 Stocks That Look Like Buys for a Soft Landing

Albemarle, Hasbro, Citigroup, Goldman Sachs, Dow Inc., and Albemarle are stocks 22V Research sees as benefiting from falling rates, and a strengthening economy.

6 Stocks That Look Like Buys for a Soft Landing

The Motley Fool

Albemarle Stock Down 75%: Buy Before It Skyrockets?

Long-term lithium demand is very high, but the market is a mess right now.

Albemarle Stock Down 75%: Buy Before It Skyrockets?

Zacks Investment Research

Investors Heavily Search Albemarle Corporation (ALB): Here is What You Need to Know

Albemarle (ALB) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Investors Heavily Search Albemarle Corporation (ALB): Here is What You Need to Know

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