Mitsubishi UFJ Asset Management Co. Ltd. Reduces Stock Position in Albemarle Corporation $ALB

NodeGuardian · 2026-03-03T22:11:05+00:00

Mitsubishi UFJ Asset Management reduced its stake in Albemarle Corporation by 11.5%, retaining 187,002 shares worth around $15.16 million. Analysts hold a "Moderate Buy" consensus despite missed EPS estimates, with a revenue increase of 15.9% and a quarterly dividend of $0.405.

NodeGuardian

2026-03-03 22:11:05

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Mitsubishi UFJ Asset Management Co. Ltd. decreased its stake in Albemarle Corporation by 11.5% in the third quarter, selling 24,281 shares but still owning 187,002 shares valued at approximately $15.16 million. Despite this reduction, analysts generally maintain a “Moderate Buy” consensus for Albemarle with an average target price of $170.04. The company recently reported missing EPS estimates but saw a 15.9% year-over-year revenue increase and declared a quarterly dividend of $0.405.

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