Tejara Capital Ltd bought a new position in Celanese Corporation (NYSE:CE – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 63,400 shares of the basic materials company’s stock, valued at approximately $2,916,000. Celanese comprises about 1.2% of Tejara Capital Ltd’s portfolio, making the stock its 25th biggest position.
Several other hedge funds have also modified their holdings of the stock. BlackRock Inc. acquired a new position in shares of Celanese in the 2nd quarter valued at $614,675,000. Royal Bank of Canada lifted its stake in Celanese by 1,539.8% during the fourth quarter. Royal Bank of Canada now owns 2,133,216 shares of the basic materials company’s stock valued at $90,192,000 after buying an additional 2,003,127 shares in the last quarter. Capital Research Global Investors boosted its holdings in shares of Celanese by 24.0% in the fourth quarter. Capital Research Global Investors now owns 5,565,556 shares of the basic materials company’s stock worth $235,312,000 after buying an additional 1,076,645 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Celanese by 83.2% in the first quarter. Dimensional Fund Advisors LP now owns 2,187,235 shares of the basic materials company’s stock worth $143,849,000 after buying an additional 993,193 shares during the period. Finally, Turtle Creek Asset Management Inc. increased its position in shares of Celanese by 21.0% in the third quarter. Turtle Creek Asset Management Inc. now owns 5,115,365 shares of the basic materials company’s stock worth $215,255,000 after acquiring an additional 887,600 shares in the last quarter. 98.87% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Celanese
In other news, SVP Mark Christopher Murray purchased 2,153 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired at an average price of $45.52 per share, with a total value of $98,004.56. Following the purchase, the senior vice president owned 30,432 shares in the company, valued at $1,385,264.64. This represents a 7.61% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.34% of the company’s stock.
Analyst Ratings Changes
Get Our Latest Analysis on Celanese
Celanese Stock Up 1.4%
Celanese stock opened at $46.91 on Friday. Celanese Corporation has a twelve month low of $35.13 and a twelve month high of $70.70. The company has a debt-to-equity ratio of 2.33, a quick ratio of 0.87 and a current ratio of 1.45. The firm has a market cap of $5.15 billion, a PE ratio of -4.39, a P/E/G ratio of 0.30 and a beta of 0.76. The firm’s 50 day moving average price is $46.83 and its two-hundred day moving average price is $53.84.
Celanese (NYSE:CE – Get Free Report) last issued its earnings results on Tuesday, August 4th. The basic materials company reported $2.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.23 by $0.22. Celanese had a negative net margin of 12.04% and a positive return on equity of 13.04%. The company had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.75 billion. During the same quarter last year, the business posted $1.44 EPS. The company’s revenue for the quarter was up 8.7% on a year-over-year basis. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. On average, research analysts predict that Celanese Corporation will post 5.94 EPS for the current fiscal year.
Celanese Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Tuesday, July 28th were issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Tuesday, July 28th. Celanese’s payout ratio is currently -1.12%.
Celanese Company Profile
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.
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