AlphaQuest LLC Boosts Stake in Celanese Corporation $CE

AlphaQuest LLC lifted its holdings in Celanese Corporation (NYSE:CE) by 1,163.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,076 shares of the basic materials company’s stock after buying an additional 7,437 shares during the period. AlphaQuest LLC’s holdings in Celanese were worth $447,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Strengthening Families & Communities LLC lifted its stake in shares of Celanese by 73.2% in the first quarter. Strengthening Families & Communities LLC now owns 440 shares of the basic materials company’s stock worth $25,000 after buying an additional 186 shares in the last quarter. Blue Trust Inc. lifted its stake in shares of Celanese by 7.0% in the second quarter. Blue Trust Inc. now owns 3,089 shares of the basic materials company’s stock worth $171,000 after buying an additional 201 shares in the last quarter. Sage Rhino Capital LLC lifted its stake in shares of Celanese by 4.5% in the second quarter. Sage Rhino Capital LLC now owns 5,058 shares of the basic materials company’s stock worth $280,000 after buying an additional 220 shares in the last quarter. Maryland State Retirement & Pension System lifted its stake in shares of Celanese by 0.7% in the second quarter. Maryland State Retirement & Pension System now owns 37,252 shares of the basic materials company’s stock worth $2,061,000 after buying an additional 245 shares in the last quarter. Finally, Harbour Investments Inc. increased its position in Celanese by 27.9% during the second quarter. Harbour Investments Inc. now owns 1,165 shares of the basic materials company’s stock worth $64,000 after purchasing an additional 254 shares during the last quarter. 98.87% of the stock is owned by hedge funds and other institutional investors.

Celanese Price Performance

Shares of CE opened at $40.03 on Thursday. Celanese Corporation has a 1-year low of $36.29 and a 1-year high of $129.07. The stock has a market cap of $4.38 billion, a PE ratio of -2.70, a P/E/G ratio of 1.90 and a beta of 1.13. The firm has a 50-day simple moving average of $43.72 and a two-hundred day simple moving average of $49.03. The company has a debt-to-equity ratio of 2.22, a current ratio of 2.05 and a quick ratio of 1.22.

Celanese (NYSE:CE) last announced its quarterly earnings results on Monday, August 11th. The basic materials company reported $1.44 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.06. Celanese had a negative net margin of 16.30% and a positive return on equity of 10.48%. The business had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.50 billion. During the same period last year, the business earned $2.38 earnings per share. 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. As a group, analysts forecast that Celanese Corporation will post 8.79 EPS for the current year.

Celanese Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 12th. Investors of record on Tuesday, October 28th will be issued a $0.03 dividend. The ex-dividend date is Tuesday, October 28th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%. Celanese’s payout ratio is -0.81%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Weiss Ratings restated a “sell (d)” rating on shares of Celanese in a research report on Wednesday, October 8th. Robert W. Baird cut their price objective on shares of Celanese from $67.00 to $50.00 and set an “outperform” rating for the company in a research report on Wednesday, August 13th. Jefferies Financial Group cut their price objective on shares of Celanese from $47.00 to $43.00 and set a “hold” rating for the company in a research report on Monday, September 8th. Zacks Research cut shares of Celanese from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 14th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Celanese from $47.00 to $40.00 and set a “neutral” rating for the company in a research report on Thursday, August 14th. Seven research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Celanese has an average rating of “Hold” and an average target price of $56.11.

Insider Buying and Selling at Celanese

In other Celanese news, Director Timothy Go acquired 1,039 shares of the company’s stock in a transaction that occurred on Monday, September 8th. The stock was purchased at an average price of $46.25 per share, for a total transaction of $48,053.75. Following the completion of the acquisition, the director owned 4,415 shares of the company’s stock, valued at approximately $204,193.75. This trade represents a 30.78% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.33% of the company’s stock.

Celanese Company Profile

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.