State of Alaska Department of Revenue Sells 18,896 Shares of Celanese Corporation $CE

Posted by Francis Steltz on Oct 23rd, 2026

State of Alaska Department of Revenue reduced its stake in Celanese Corporation (NYSE:CE – Free Report) by 52.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,218 shares of the basic materials company’s stock after selling 18,896 shares during the period. State of Alaska Department of Revenue’s holdings in Celanese were worth $763,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Fortitude Family Office LLC lifted its position in Celanese by 757.7% in the third quarter. Fortitude Family Office LLC now owns 669 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 591 shares during the last quarter. Mather Group LLC. grew its holdings in shares of Celanese by 6,975.0% in the third quarter. Mather Group LLC. now owns 849 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 837 shares during the last quarter. Global Retirement Partners LLC purchased a new position in shares of Celanese in the second quarter worth $47,000. EverSource Wealth Advisors LLC increased its stake in shares of Celanese by 65.5% in the first quarter. EverSource Wealth Advisors LLC now owns 1,044 shares of the basic materials company’s stock worth $69,000 after buying an additional 413 shares during the period. Finally, Allworth Financial LP bought a new stake in Celanese during the 2nd quarter valued at $52,000. Institutional investors own 98.87% of the company’s stock.

Analyst Ratings Changes

CE has been the subject of several analyst reports. Barclays initiated coverage on shares of Celanese in a research report on Monday, October 12th. They set an “equal weight” rating and a $49.00 price target for the company. Weiss Ratings restated a “sell (d-)” rating on shares of Celanese in a research report on Friday, August 21st. Wells Fargo & Company decreased their price objective on shares of Celanese from $80.00 to $65.00 and set an “overweight” rating on the stock in a research report on Thursday, August 6th. BMO Capital Markets lowered their price objective on shares of Celanese from $57.00 to $54.00 and set a “market perform” rating for the company in a research note on Wednesday, August 5th. Finally, KeyCorp began coverage on shares of Celanese in a report on Thursday, September 10th. They set an “overweight” rating and a $57.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Celanese has a consensus rating of “Moderate Buy” and a consensus target price of $60.38.

Check Out Our Latest Stock Analysis on CE

Celanese Price Performance

CE opened at $47.25 on Friday. The company has a debt-to-equity ratio of 2.33, a quick ratio of 0.87 and a current ratio of 1.45. Celanese Corporation has a 52-week low of $35.13 and a 52-week high of $70.70. The stock has a market capitalization of $5.19 billion, a PE ratio of 8.90, a price-to-earnings-growth ratio of 0.34 and a beta of 0.76. The stock’s 50 day moving average price is $45.70 and its 200-day moving average price is $50.54.

Celanese (NYSE:CE – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $2.45 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 business had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.75 billion. During the same period in the prior year, the business earned $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, equities research analysts predict that Celanese Corporation will post 6.00 EPS for the current year.

Celanese Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Tuesday, October 27th will be paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Tuesday, October 27th. Celanese’s dividend payout ratio is presently -1.12%.

Insider Transactions at Celanese

In related news, SVP Mark Murray acquired 2,153 shares of the stock in a transaction on Tuesday, August 11th. The stock was acquired at an average cost of $45.52 per share, for a total transaction of $98,004.56. Following the completion of the acquisition, the senior vice president directly owned 30,432 shares of the company’s stock, valued at approximately $1,385,264.64. This represents a 7.61% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.34% of the stock is currently owned by insiders.

Celanese Company Profile

(Free Report)

Celanese Corporation (NYSE: CE) is a global chemical and specialty materials company headquartered in Irving, Texas. The company develops and manufactures engineered materials and chemical products used by manufacturers in industries including automotive, consumer goods, medical and healthcare, electronics, industrial equipment, energy and infrastructure.

Celanese operates primarily through its Engineered Materials and Acetyl Chain businesses. Its portfolio includes engineered polymers, thermoplastic compounds and other specialty materials, as well as acetyl products such as acetic acid, vinyl acetate monomer, emulsions and related intermediates.