Cwm LLC Has $128,000 Stock Position in Celanese Corporation $CE

Cwm LLC decreased its position in Celanese Corporation (NYSE:CE) by 38.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,311 shares of the basic materials company’s stock after selling 1,470 shares during the period. Cwm LLC’s holdings in Celanese were worth $128,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Strengthening Families & Communities LLC boosted its stake in Celanese by 73.2% in the 1st quarter. Strengthening Families & Communities LLC now owns 440 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 186 shares during the period. Summit Securities Group LLC acquired a new position in Celanese in the 1st quarter worth $30,000. Mather Group LLC. boosted its stake in Celanese by 127.0% in the 1st quarter. Mather Group LLC. now owns 622 shares of the basic materials company’s stock worth $35,000 after purchasing an additional 348 shares during the period. SOA Wealth Advisors LLC. acquired a new position in Celanese in the 2nd quarter worth $50,000. Finally, Harbour Investments Inc. boosted its stake in Celanese by 67.2% in the 1st quarter. Harbour Investments Inc. now owns 911 shares of the basic materials company’s stock worth $52,000 after purchasing an additional 366 shares during the period. Institutional investors and hedge funds own 98.87% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CE. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Celanese in a research note on Wednesday, October 8th. Citigroup raised shares of Celanese from a “neutral” rating to a “buy” rating and upped their target price for the stock from $47.00 to $53.00 in a research note on Thursday, October 2nd. JPMorgan Chase & Co. reduced their price objective on shares of Celanese from $47.00 to $40.00 and set a “neutral” rating for the company in a research note on Thursday, August 14th. Jefferies Financial Group reduced their price objective on shares of Celanese from $47.00 to $43.00 and set a “hold” rating for the company in a research note on Monday, September 8th. Finally, BMO Capital Markets reduced their price objective on shares of Celanese from $55.00 to $47.00 and set a “market perform” rating for the company in a research note on Thursday, August 14th. Seven research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $56.11.

Celanese Trading Up 1.3%

Shares of NYSE:CE opened at $38.50 on Friday. Celanese Corporation has a 52-week low of $36.29 and a 52-week high of $127.57. The company has a market capitalization of $4.22 billion, a P/E ratio of -2.60, a price-to-earnings-growth ratio of 1.86 and a beta of 1.13. The company has a 50-day simple moving average of $43.40 and a 200 day simple moving average of $48.95. The company has a debt-to-equity ratio of 2.22, a quick ratio of 1.22 and a current ratio of 2.05.

Celanese (NYSE:CE) last posted 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 positive return on equity of 10.48% and a negative net margin of 16.30%.The business had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.50 billion. During the same quarter in the prior year, the business earned $2.38 EPS. The firm’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 Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 12th. Investors of record on Tuesday, October 28th 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 is Tuesday, October 28th. Celanese’s dividend payout ratio is -0.81%.

Insiders Place Their Bets

In related news, Director Timothy Go purchased 1,039 shares of the stock in a transaction on Monday, September 8th. The shares were purchased at an average cost of $46.25 per share, with a total value of $48,053.75. Following the acquisition, the director directly owned 4,415 shares in the company, valued at $204,193.75. The trade was a 30.78% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.33% of the company’s stock.

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.