Chesley Taft & Associates LLC Takes Position in Albemarle Corporation $ALB

Chesley Taft & Associates LLC has acquired a new stake in Albemarle Corporation (NYSE:ALB), purchasing 7,012 shares valued at approximately $992,000 in Q4. Institutional investors now hold about 92.87% of the company’s stock, with several other hedge funds also increasing their positions. Wall Street analysts maintain a “Moderate Buy” consensus rating with an average target price of $170.24, despite Albemarle missing EPS expectations in its recent earnings report.

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