Jefferies Financial Group Inc. Has $1.48 Million Stock Holdings in Celanese Corporation $CE

Jefferies Financial Group Inc. decreased its position in Celanese Corporation (NYSE:CE) by 79.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 26,681 shares of the basic materials company’s stock after selling 104,239 shares during the period. Jefferies Financial Group Inc.’s holdings in Celanese were worth $1,476,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mizuho Markets Americas LLC increased its stake in shares of Celanese by 149.6% in the 2nd quarter. Mizuho Markets Americas LLC now owns 1,248,055 shares of the basic materials company’s stock valued at $69,055,000 after acquiring an additional 747,987 shares during the last quarter. HB Wealth Management LLC acquired a new position in Celanese during the second quarter valued at approximately $340,000. Muhlenkamp & Co. Inc. acquired a new stake in Celanese in the second quarter worth $8,366,000. United Services Automobile Association bought a new position in shares of Celanese during the first quarter worth $382,000. Finally, E. Ohman J or Asset Management AB acquired a new position in shares of Celanese in the 2nd quarter valued at $2,489,000. 98.87% of the stock is currently owned by institutional investors and hedge funds.

Celanese Stock Up 2.8%

NYSE:CE opened at $40.55 on Thursday. Celanese Corporation has a twelve month low of $35.13 and a twelve month high of $75.84. The firm has a market capitalization of $4.44 billion, a price-to-earnings ratio of -2.74, a price-to-earnings-growth ratio of 1.86 and a beta of 1.17. The company has a quick ratio of 1.22, a current ratio of 2.05 and a debt-to-equity ratio of 2.22. The stock’s 50 day moving average price is $40.56 and its two-hundred day moving average price is $48.29.

Celanese (NYSE:CE) last announced its quarterly earnings data on Thursday, November 6th. The basic materials company reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.07. Celanese had a negative net margin of 16.30% and a positive return on equity of 10.48%. The company had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.51 billion. During the same quarter last year, the firm posted $2.44 EPS. The company’s quarterly revenue was down 8.6% on a year-over-year basis. Celanese has set its Q4 2025 guidance at 0.850-1.000 EPS. Equities research analysts expect that Celanese Corporation will post 8.79 earnings per share for the current fiscal year.

Celanese Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 12th. Stockholders of record on Tuesday, October 28th were paid a dividend of $0.03 per share. The ex-dividend date was Tuesday, October 28th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%. Celanese’s dividend payout ratio (DPR) is -0.42%.

Insider Buying and Selling at Celanese

In other news, Director Timothy Go acquired 1,039 shares of the firm’s stock in a transaction on Monday, September 8th. The shares were purchased at an average cost of $46.25 per share, with a total value of $48,053.75. Following the acquisition, the director directly owned 4,415 shares in the company, valued at $204,193.75. This represents a 30.78% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.33% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on CE. Evercore ISI dropped their price objective on Celanese from $75.00 to $45.00 and set an “in-line” rating on the stock in a research note on Tuesday, November 11th. Royal Bank Of Canada set a $43.00 price target on Celanese in a research report on Tuesday, October 14th. Cfra Research upgraded Celanese to a “moderate sell” rating in a report on Tuesday, August 12th. Robert W. Baird lowered their target price on Celanese from $67.00 to $50.00 and set an “outperform” rating for the company in a research note on Wednesday, August 13th. Finally, Bank of America dropped their target price on shares of Celanese from $59.00 to $57.00 and set a “buy” rating on the stock in a report on Tuesday, October 14th. Seven investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $54.78.

Celanese Profile

Celanese Corporation, a chemical and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. It operates through Engineered Materials and Acetyl Chain. The Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics.