California State Teachers Retirement System Acquires 18,347,324 Shares of Albemarle Corporation $ALB

Posted by George Bondi on Sep 11th, 2026

California State Teachers Retirement System lifted its holdings in Albemarle Corporation (NYSE:ALB – Free Report) by 13,478.5% in the 2nd quarter, Holdings Channel reports. The firm owned 18,483,447 shares of the specialty chemicals company’s stock after buying an additional 18,347,324 shares during the quarter. California State Teachers Retirement System owned 0.16% of Albemarle worth $2,495,820,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of ALB. Primecap Management Co. CA bought a new position in Albemarle during the second quarter valued at about $358,101,000. Earnest Partners LLC boosted its stake in shares of Albemarle by 14.6% during the 4th quarter. Earnest Partners LLC now owns 1,630,394 shares of the specialty chemicals company’s stock worth $230,603,000 after acquiring an additional 207,770 shares in the last quarter. Northern Trust Corp increased its holdings in shares of Albemarle by 1.8% during the 3rd quarter. Northern Trust Corp now owns 1,263,734 shares of the specialty chemicals company’s stock valued at $102,464,000 after acquiring an additional 22,856 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Albemarle by 57.7% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,241,106 shares of the specialty chemicals company’s stock valued at $175,542,000 after acquiring an additional 453,881 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Albemarle in the 4th quarter valued at approximately $165,271,000. 92.87% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on ALB. Rothschild & Co Redburn reduced their target price on Albemarle from $188.00 to $170.00 and set a “neutral” rating for the company in a report on Wednesday, July 1st. Royal Bank Of Canada reduced their price objective on shares of Albemarle from $166.00 to $157.00 and set an “outperform” rating for the company in a research note on Monday, August 10th. Weiss Ratings lowered shares of Albemarle from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, September 1st. Berenberg Bank boosted their target price on shares of Albemarle from $153.00 to $192.00 and gave the stock a “hold” rating in a research report on Tuesday, June 2nd. Finally, Citigroup lowered their price target on Albemarle from $225.00 to $175.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. Fifteen investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $190.04.

View Our Latest Research Report on ALB

Albemarle Trading Down 2.8%

Shares of Albemarle stock opened at $122.33 on Friday. Albemarle Corporation has a 1 year low of $71.25 and a 1 year high of $221.00. The company’s fifty day simple moving average is $127.41 and its 200-day simple moving average is $157.31. The company has a market cap of $14.43 billion, a price-to-earnings ratio of 453.09, a PEG ratio of 0.74 and a beta of 1.33. The company has a current ratio of 2.09, a quick ratio of 1.35 and a debt-to-equity ratio of 0.22.

Albemarle (NYSE:ALB – Get Free Report) last released its earnings results on Wednesday, August 5th. The specialty chemicals company reported $3.75 EPS for the quarter, beating the consensus estimate of $3.20 by $0.55. Albemarle had a net margin of 3.09% and a return on equity of 10.96%. The firm had revenue of $1.74 billion during the quarter, compared to analysts’ expectations of $1.61 billion. During the same period in the prior year, the company earned $0.11 EPS. The business’s quarterly revenue was up 31.1% compared to the same quarter last year. As a group, sell-side analysts expect that Albemarle Corporation will post 11.39 EPS for the current year.

Albemarle Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Friday, September 11th will be given a dividend of $0.41 per share. This is an increase from Albemarle’s previous quarterly dividend of $0.41. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, September 11th. Albemarle’s dividend payout ratio (DPR) is currently 600.00%.

Albemarle Profile

(Free Report)

Albemarle Corporation (NYSE:ALB) is a global specialty chemicals company that develops, manufactures and markets products used in energy storage, transportation, electronics, construction, agriculture, pharmaceuticals and other industrial applications. The company operates through three principal businesses: Energy Storage, Specialties and Ketjen.

Albemarle is one of the major producers of lithium and lithium compounds, including lithium carbonate and lithium hydroxide, which are used in rechargeable batteries for electric vehicles, portable electronics and stationary energy storage systems.