52,853 Shares in Celanese Corporation $CE Acquired by Bank of Nova Scotia

Posted by Francis Steltz on Aug 27th, 2026

Bank of Nova Scotia bought a new position in shares of Celanese Corporation (NYSE:CE – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 52,853 shares of the basic materials company’s stock, valued at approximately $2,431,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of Celanese during the 2nd quarter worth about $614,675,000. Royal Bank of Canada raised its stake in shares of Celanese by 1,539.8% in the 4th 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 increased its stake in 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 valued at $235,312,000 after acquiring an additional 1,076,645 shares during the period. Dimensional Fund Advisors LP raised its position in 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 purchasing an additional 993,193 shares in the last quarter. Finally, Turtle Creek Asset Management Inc. raised its position in 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 purchasing an additional 887,600 shares in the last quarter. Institutional investors and hedge funds own 98.87% of the company’s stock.

Insider Activity

In other Celanese news, SVP Mark Christopher Murray purchased 2,153 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average cost of $45.52 per share, with a total value of $98,004.56. Following the completion of the transaction, the senior vice president owned 30,432 shares of the company’s stock, valued at $1,385,264.64. The trade was a 7.61% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. 0.34% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

CE has been the topic of a number of analyst reports. BMO Capital Markets lowered their price target on Celanese from $57.00 to $54.00 and set a “market perform” rating on the stock in a research report on Wednesday, August 5th. Mizuho set a $50.00 target price on shares of Celanese in a research note on Wednesday, August 5th. Royal Bank Of Canada upped their target price on shares of Celanese from $66.00 to $68.00 and gave the stock a “sector perform” rating in a report on Monday, May 11th. JPMorgan Chase & Co. increased their target price on shares of Celanese from $53.00 to $68.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Finally, Wall Street Zen downgraded shares of Celanese from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. Nine investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $63.71.

View Our Latest Analysis on CE

Celanese News Summary

Here are the key news stories impacting Celanese this week:

Positive Sentiment: Zacks raised its Q3 2026 EPS estimate to $1.59 from $1.48 and increased its full-year 2026 forecast to $6.00 from $5.64. The revised annual estimate is also above the broader consensus of $5.94.
Positive Sentiment: The firm lifted its Q3 2027 EPS forecast to $0.61 from $0.58, indicating some expectation for improvement in that quarter.
Neutral Sentiment: The revisions are uneven rather than uniformly bullish: stronger Q3 2026 and full-year 2026 expectations are offset by lower forecasts for several subsequent quarters and years. Zacks currently projects FY2027 EPS of $5.59 and FY2028 EPS of $7.30.
Negative Sentiment: Zacks cut its Q4 2026 EPS estimate to $1.12 from $1.20 and reduced its Q1 2027 forecast to $1.14 from $1.33.
Negative Sentiment: The firm also lowered Q2 2027 EPS to $2.09 from $2.22, FY2027 EPS to $5.59 from $5.93, and FY2028 EPS to $7.30 from $7.70. These reductions may weigh on investor sentiment because they point to softer medium-term earnings power.

Celanese Trading Up 0.4%

CE opened at $44.70 on Thursday. Celanese Corporation has a twelve month low of $35.13 and a twelve month high of $70.70. The company has a fifty day moving average of $46.25 and a 200-day moving average of $53.71. The stock has a market cap of $4.91 billion, a PE ratio of -4.18, a price-to-earnings-growth ratio of 0.29 and a beta of 0.76. The company has a quick ratio of 0.87, a current ratio of 1.45 and a debt-to-equity ratio of 2.33.

Celanese (NYSE:CE – Get Free Report) last announced its earnings results on Tuesday, August 4th. The basic materials company reported $2.45 EPS for the quarter, beating the consensus estimate of $2.23 by $0.22. Celanese had a positive return on equity of 13.04% and a negative net margin of 12.04%.The company had revenue of $2.75 billion for the quarter, compared to analyst estimates of $2.75 billion. During the same quarter in the prior year, the company earned $1.44 EPS. The firm’s revenue for the quarter was up 8.7% compared to the same quarter last year. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. On average, sell-side analysts predict that Celanese Corporation will post 5.99 EPS for the current year.

Celanese Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Tuesday, July 28th were issued a $0.03 dividend. The ex-dividend date of this dividend was Tuesday, July 28th. This represents a $0.12 annualized dividend and a dividend yield of 0.3%. Celanese’s dividend payout ratio is currently -1.12%.

Celanese Company 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.