Celanese Corporation $CE Stock Position Lifted by HighTower Advisors LLC

HighTower Advisors LLC lifted its holdings in Celanese Corporation (NYSE:CE) by 95.2% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 35,946 shares of the basic materials company’s stock after purchasing an additional 17,535 shares during the quarter. HighTower Advisors LLC’s holdings in Celanese were worth $2,041,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Focus Partners Wealth boosted its stake in Celanese by 3.9% during the fourth quarter. Focus Partners Wealth now owns 4,197 shares of the basic materials company’s stock valued at $291,000 after buying an additional 156 shares in the last quarter. Strengthening Families & Communities LLC boosted its stake in Celanese by 73.2% during the first quarter. Strengthening Families & Communities LLC now owns 440 shares of the basic materials company’s stock valued at $25,000 after buying an additional 186 shares in the last quarter. Tidal Investments LLC boosted its stake in Celanese by 6.8% during the fourth quarter. Tidal Investments LLC now owns 3,263 shares of the basic materials company’s stock valued at $226,000 after buying an additional 209 shares in the last quarter. Nissay Asset Management Corp Japan ADV boosted its stake in Celanese by 1.8% during the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 13,442 shares of the basic materials company’s stock valued at $924,000 after buying an additional 242 shares in the last quarter. Finally, Janus Henderson Group PLC boosted its stake in Celanese by 1.8% during the fourth quarter. Janus Henderson Group PLC now owns 14,024 shares of the basic materials company’s stock valued at $971,000 after buying an additional 251 shares in the last quarter. Institutional investors own 98.87% of the company’s stock.

Celanese Trading Up 8.4%

NYSE:CE opened at $48.4380 on Friday. The company has a quick ratio of 1.22, a current ratio of 2.05 and a debt-to-equity ratio of 2.22. Celanese Corporation has a 1-year low of $36.29 and a 1-year high of $142.54. The firm has a market capitalization of $5.30 billion, a price-to-earnings ratio of -3.27, a price-to-earnings-growth ratio of 2.10 and a beta of 1.10. The stock has a fifty day simple moving average of $53.75 and a 200 day simple moving average of $52.76.

Celanese (NYSE:CE) last released its earnings results on Monday, August 11th. The basic materials company reported $1.44 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.06. Celanese had a positive return on equity of 10.48% and a negative net margin of 16.30%.The company had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.50 billion. During the same quarter in the previous year, the business posted $2.38 EPS. The business’s revenue for the quarter was down 4.5% on a year-over-year basis. Celanese has set its Q3 2025 guidance at 1.100-1.400 EPS. Sell-side analysts forecast that Celanese Corporation will post 8.79 earnings per share for the current year.

Celanese Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 11th. Stockholders of record on Tuesday, July 29th were paid a dividend of $0.03 per share. The ex-dividend date of this dividend was Tuesday, July 29th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.2%. Celanese’s dividend payout ratio (DPR) is -0.81%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. KeyCorp decreased their target price on Celanese from $77.00 to $70.00 and set an “overweight” rating for the company in a research note on Wednesday, August 13th. Citigroup raised their target price on Celanese from $52.00 to $65.00 and gave the company a “neutral” rating in a research note on Thursday, July 10th. Robert W. Baird decreased their target price on Celanese from $67.00 to $50.00 and set an “outperform” rating for the company in a research note on Wednesday, August 13th. Royal Bank Of Canada decreased their target price on Celanese from $63.00 to $45.00 and set a “sector perform” rating for the company in a research note on Thursday, August 14th. Finally, Wells Fargo & Company decreased their price target on Celanese from $72.00 to $60.00 and set an “overweight” rating for the company in a research report on Wednesday, August 13th. Six equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Celanese has an average rating of “Hold” and an average price target of $59.94.

About Celanese

Celanese Corporation, a chemical and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. It operates through Engineered Materials and Acetyl Chain. The Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics.