Geode Capital Management LLC Increases Holdings in Celanese Corporation $CE

Posted by Francis Steltz on Jun 8th, 2026

Geode Capital Management LLC increased its holdings in shares of Celanese Corporation (NYSE:CE – Free Report) by 17.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,909,529 shares of the basic materials company’s stock after purchasing an additional 287,264 shares during the period. Geode Capital Management LLC’s holdings in Celanese were worth $80,760,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in Celanese by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 11,840,341 shares of the basic materials company’s stock worth $500,610,000 after purchasing an additional 90,428 shares during the period. Turtle Creek Asset Management Inc. boosted its position in Celanese by 21.0% during the 3rd quarter. Turtle Creek Asset Management Inc. now owns 5,115,365 shares of the basic materials company’s stock worth $215,255,000 after purchasing an additional 887,600 shares during the period. State Street Corp boosted its position in Celanese by 3.2% during the 2nd quarter. State Street Corp now owns 3,828,747 shares of the basic materials company’s stock worth $211,845,000 after purchasing an additional 120,208 shares during the period. Jacobs Levy Equity Management Inc. boosted its position in Celanese by 37.7% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,703,695 shares of the basic materials company’s stock worth $71,691,000 after purchasing an additional 466,683 shares during the period. Finally, Bank of America Corp DE boosted its position in Celanese by 103.7% during the 2nd quarter. Bank of America Corp DE now owns 1,645,689 shares of the basic materials company’s stock worth $91,056,000 after purchasing an additional 837,944 shares during the period. 98.87% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on CE. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Celanese in a research report on Tuesday, May 26th. Bank of America upped their price target on shares of Celanese from $70.00 to $75.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Wells Fargo & Company upped their price target on shares of Celanese from $75.00 to $80.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Vertical Research raised shares of Celanese from a “hold” rating to a “buy” rating and set a $60.00 price target for the company in a research report on Monday, March 9th. Finally, Morgan Stanley boosted their price objective on shares of Celanese from $50.00 to $72.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 5th. Ten investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $67.81.

Check Out Our Latest Stock Report on Celanese

Celanese Stock Performance

Shares of CE stock opened at $51.09 on Monday. Celanese Corporation has a 12 month low of $35.13 and a 12 month high of $70.70. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.38 and a quick ratio of 0.85. The firm has a market capitalization of $5.60 billion, a P/E ratio of -5.10, a P/E/G ratio of 0.31 and a beta of 0.74. The company’s fifty day moving average price is $60.47 and its two-hundred day moving average price is $52.22.

Celanese (NYSE:CE – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The basic materials company reported $0.85 EPS for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.03). Celanese had a positive return on equity of 9.92% and a negative net margin of 11.54%.The firm had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.34 billion. During the same quarter in the prior year, the firm earned $0.57 EPS. The business’s quarterly revenue was down 2.2% compared to the same quarter last year. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. On average, research analysts anticipate that Celanese Corporation will post 5.8 earnings per share for the current fiscal year.

Celanese Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, May 11th. Shareholders of record on Monday, April 27th were issued a $0.03 dividend. The ex-dividend date was Monday, April 27th. This represents a $0.12 dividend on an annualized basis and a yield of 0.2%. Celanese’s payout ratio is currently -1.20%.

Celanese Profile

(Free Report)

Celanese Corporation is a global chemical and specialty materials company that develops, manufactures and markets a broad portfolio of products serving diverse industries. The company operates through two primary business segments—Engineered Materials and Acetyl Chain—offering solutions that range from high-performance polymers and specialty additives to industrial chemicals and intermediates. Its engineered materials are used in applications such as automotive components, consumer electronics, medical devices and packaging, while its acetyl derivatives find uses in coatings, adhesives, solvents and personal care products.

In the Engineered Materials segment, Celanese produces a variety of high-performance thermoplastics, polyether-block-amide (PEBA) elastomers and functional additives designed to enhance product durability, thermal resistance and sustainability.