Commerce Bank purchased a new stake in shares of Celanese Corporation (NYSE:CE – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 19,206 shares of the basic materials company’s stock, valued at approximately $883,000.
Other hedge funds have also modified their holdings of the company. Capital Research Global Investors lifted its stake in Celanese by 24.0% in the 4th quarter. Capital Research Global Investors now owns 5,565,556 shares of the basic materials company’s stock worth $235,312,000 after purchasing an additional 1,076,645 shares in the last quarter. Hsbc Holdings PLC increased its stake in Celanese by 208.3% in the 4th quarter. Hsbc Holdings PLC now owns 105,435 shares of the basic materials company’s stock worth $4,460,000 after acquiring an additional 71,238 shares during the last quarter. Tejara Capital Ltd bought a new stake in Celanese in the 2nd quarter worth approximately $2,916,000. Integrated Advisors Network LLC purchased a new stake in shares of Celanese during the 1st quarter worth approximately $3,321,000. Finally, Norges Bank bought a new position in shares of Celanese during the 4th quarter valued at approximately $20,047,000. 98.87% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several equities analysts have commented on CE shares. Morgan Stanley lowered their price objective on shares of Celanese from $72.00 to $58.00 and set an “equal weight” rating for the company in a research report on Thursday, July 16th. Bank of America reduced their target price on shares of Celanese from $72.00 to $63.00 and set a “buy” rating on the stock in a report on Tuesday, June 30th. Citigroup decreased their target price on shares of Celanese from $80.00 to $68.00 and set a “buy” rating on the stock in a research report on Wednesday, June 24th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Celanese in a research report on Friday, August 21st. Finally, Royal Bank Of Canada lifted their price target on Celanese from $66.00 to $68.00 and gave the stock a “sector perform” rating in a research report on Monday, May 11th. Nine analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Celanese has a consensus rating of “Hold” and an average target price of $63.71.
Celanese Trading Up 0.4%
NYSE CE opened at $44.70 on Thursday. The company has a current ratio of 1.45, a quick ratio of 0.87 and a debt-to-equity ratio of 2.33. The stock has a market cap of $4.91 billion, a PE ratio of -4.18, a PEG ratio of 0.29 and a beta of 0.76. The company’s 50-day moving average price is $46.25 and its 200-day moving average price is $53.71. Celanese Corporation has a 12 month low of $35.13 and a 12 month high of $70.70.
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, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $2.75 billion. During the same period in the prior year, the business earned $1.44 EPS. The firm’s quarterly revenue was up 8.7% on a year-over-year basis. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. Equities research analysts forecast that Celanese Corporation will post 5.99 earnings per share for the current year.
Celanese Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Tuesday, July 28th were paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.3%. The ex-dividend date was Tuesday, July 28th. Celanese’s payout ratio is -1.12%.
More Celanese News
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.
Insider Buying and Selling at Celanese
In other Celanese news, SVP Mark Christopher Murray purchased 2,153 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were acquired at an average price of $45.52 per share, for a total transaction of $98,004.56. Following the completion of the purchase, the senior vice president owned 30,432 shares of the company’s stock, valued at approximately $1,385,264.64. The trade was a 7.61% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.34% of the company’s stock.
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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