<div id="readability-page-1"><p>Albemarle Corporation (NYSE:ALB - Get Free Report) was up 9.6% on Friday after Dbs Bank raised their price target on the stock from $100.00 to $120.00. Dbs Bank currently has a buy rating on the stock. Albemarle traded as high as $105.77 and last traded at $106.71. Approximately 2,559,318 shares traded hands during trading, a decline of 28% from the average daily volume of 3,562,078 shares. The stock had previously closed at $97.36.</p><ul><li>5 Surprising Stocks Set to Benefit From a Future Robotics Boom</li></ul><p>Several other research analysts have also commented on ALB. Bank of America  reissued a &#34;neutral&#34; rating and issued a $100.00 price target (up from $95.00) on shares of Albemarle in a research report on Tuesday, October 14th. Weiss Ratings  reiterated a &#34;sell (d-)&#34; rating on shares of Albemarle in a research note on Wednesday, October 8th. Mizuho boosted their price objective on Albemarle from $78.00 to $92.00 and gave the company a &#34;neutral&#34; rating in a report on Friday, October 3rd. Baird R W cut Albemarle from a &#34;hold&#34; rating to a &#34;strong sell&#34; rating in a report on Tuesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Albemarle from $74.00 to $95.00 in a report on Friday, October 17th. One research analyst  has rated the stock with a Strong Buy rating, six have issued  a Buy rating, fourteen have issued  a Hold rating and five have issued  a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of &#34;Hold&#34; and a consensus price target of $95.33.</p><p><b>Check Out Our Latest Stock Analysis on ALB</b></p><h2>Institutional Investors Weigh In On Albemarle</h2><ul><li>5 EV Battery and Lithium Stocks Charging the Future</li></ul><p>A number of large investors have recently made changes to their positions in the stock. Cromwell Holdings LLC grew its position in shares of  Albemarle by 36.8% in the third quarter. Cromwell Holdings LLC now owns 413 shares of the specialty chemicals company's stock valued at $34,000 after purchasing an additional 111 shares in the last quarter.  Allspring Global Investments Holdings LLC grew its position in  Albemarle by 2.1% in the third quarter. Allspring Global Investments Holdings LLC now owns 6,662 shares of the specialty chemicals company's stock worth $563,000 after acquiring an additional 137 shares during the period.  SlateStone Wealth LLC grew its position in  Albemarle by 2.8% in the second quarter. SlateStone Wealth LLC now owns 5,415 shares of the specialty chemicals company's stock worth $339,000 after acquiring an additional 145 shares during the period.  Moran Wealth Management LLC boosted its position in shares of  Albemarle by 1.6% during the second quarter. Moran Wealth Management LLC now owns 9,482 shares of the specialty chemicals company's stock worth $594,000 after buying an additional 148 shares during the period.  Finally, DekaBank Deutsche Girozentrale boosted its position in shares of  Albemarle by 0.7% during the second quarter. DekaBank Deutsche Girozentrale now owns 22,798 shares of the specialty chemicals company's stock worth $1,496,000 after buying an additional 148 shares during the period. 92.87% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Albemarle Stock Performance</h2><p>The firm has a 50-day moving average price of $85.05 and a 200 day moving average price of $70.93. The firm has a market capitalization of $12.55 billion, a PE ratio of -11.43 and a beta of 1.65. The company has a quick ratio of 1.47, a current ratio of 2.31 and a debt-to-equity ratio of 0.38. </p><ul><li>Lithium Americas Rally Lifts Other Rare Earth Stocks </li></ul><p>Albemarle (NYSE:ALB - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The specialty chemicals company reported $0.11 EPS for the quarter, topping the consensus estimate of ($0.83) by $0.94. Albemarle had a negative return on equity of 1.87% and a negative net margin of 18.61%.The business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same period last year, the business posted $0.04 earnings per share. The company's quarterly revenue was down 7.0% on a year-over-year basis.  Albemarle has set its FY 2025 guidance at  EPS. Research analysts expect that  Albemarle Corporation will post -0.04 earnings per share for the current year. </p><h2>Albemarle Company Profile</h2> (Get Free Report)<p>Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Energy Storage, Specialties and Ketjen. The Energy Storage segment offers lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services.</p><h2>Read More</h2><ul><li>Five stocks we like better than Albemarle</li><li>How to Invest in Insurance Companies: A Guide </li><li>3 Regional Bank Stocks That Crushed Q3 Earnings</li><li>How to Read Stock Charts for Beginners</li><li>Freeport-McMoRan Posts Strong Earnings Despite Indonesia Shutdown</li><li>Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index</li><li>Quantum Computing Stocks Are on Fire: 3 to Watch Right Now</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Albemarle Right Now?</h2><p>Before you consider Albemarle, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Albemarle wasn't on the list.</p><p>While Albemarle currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Albemarle Corporation (NYSE:ALB) shares rose 9.6% after Dbs Bank upgraded its price target from $100 to $120, maintaining a buy rating. The stock traded as high as $105.77, closing at $106.71. Analysts have mixed ratings, with one strong buy, six buys, fourteen holds, and five sells. Institutional investors hold 92.87% of the stock. Albemarle reported $1.33 billion in revenue for the last quarter, exceeding estimates, but had a negative net margin of 18.61%.</p>

Albemarle (NYSE:ALB) Shares Up 9.6% After Analyst Upgrade