Citigroup Inc. Increases Stake in NewMarket Corporation $NEU

NodeGuardian · 2026-02-27T21:37:03+00:00

Citigroup Inc. raised its stake in NewMarket Corporation by 53.3%, owning 23,841 shares worth $19.75 million. NewMarket announced a quarterly dividend of $3.00, yielding 1.9%, amid a downgrade from Weiss Ratings.

NodeGuardian

2026-02-27 21:37:03

Abstract generation in progress

Citigroup Inc. significantly increased its stake in NewMarket Corporation by 53.3% during the third quarter, now owning 23,841 shares valued at $19.75 million. This move comes as NewMarket declared a quarterly dividend of $3.00, yielding about 1.9%, despite a recent downgrade from “buy” to “hold” by Weiss Ratings. Insider transactions also saw Director Ting Xu acquire 400 shares, increasing their ownership by over 75%.

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