Albemarle (ALB)

• Market cap: $6.22B
• 1 day: 0.65%
• 5 days: -3.01%
• 1 month: -33.31%
• 3 months: -45.73%
• 6 months: -44.11%
• Year to date: -37.92%
• 1 year: -53.75%
• 5 years: -13.93%
• 10 years: -10.40%
• 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]

10% more first-time investments, than exits

New positions opened: 127 | Existing positions closed: 115

7.7% more ownership

Funds ownership: 88.6% [Q3] → 96.3% (+7.7%) [Q4]

1% less funds holding

Funds holding: 786 [Q3] → 780 (-6) [Q4]

1% less capital invested

Capital invested by funds: $9.86B [Q3] → $9.74B (-$125M) [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 13% upside
• Avg. target: $77 46% upside
• High target: $122 131% upside

11 analyst ratings

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

Citigroup Patrick Cunningham 34% 1-year accuracy 12 / 35 met price target	21% upside $64	Neutral Maintained	15 Apr 2025
Baird Ben Kallo 42% 1-year accuracy 16 / 38 met price target	13% upside $60	Neutral Maintained	15 Apr 2025
Keybanc Bradley Thomas 48% 1-year accuracy 10 / 21 met price target	93% upside $102	Overweight Maintained	14 Apr 2025
Truist Securities Peter Osterland 0% 1-year accuracy 0 / 13 met price target	23% upside $65	Hold Maintained	14 Apr 2025
Wells Fargo Michael Sison 25% 1-year accuracy 13 / 53 met price target	13% upside $60	Equal-Weight Maintained	9 Apr 2025