Bayforest Capital Ltd Reduces Position in Celanese Corporation $CE

Bayforest Capital Ltd lessened its holdings in shares of Celanese Corporation (NYSE:CE) by 58.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,086 shares of the basic materials company’s stock after selling 8,540 shares during the period. Bayforest Capital Ltd’s holdings in Celanese were worth $257,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Turtle Creek Asset Management Inc. grew its stake in Celanese by 21.0% during the 3rd quarter. Turtle Creek Asset Management Inc. now owns 5,115,365 shares of the basic materials company’s stock valued at $215,255,000 after acquiring an additional 887,600 shares in the last quarter. State Street Corp grew its stake in Celanese by 3.2% during the 2nd quarter. State Street Corp now owns 3,828,747 shares of the basic materials company’s stock valued at $211,845,000 after acquiring an additional 120,208 shares in the last quarter. Jacobs Levy Equity Management Inc. boosted its holdings in Celanese by 37.7% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,703,695 shares of the basic materials company’s stock valued at $71,691,000 after purchasing an additional 466,683 shares during the last quarter. Bank of America Corp DE boosted its holdings in Celanese by 103.7% in the 2nd quarter. Bank of America Corp DE now owns 1,645,689 shares of the basic materials company’s stock valued at $91,056,000 after purchasing an additional 837,944 shares during the last quarter. Finally, Assenagon Asset Management S.A. boosted its holdings in Celanese by 65.5% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,219,929 shares of the basic materials company’s stock valued at $51,579,000 after purchasing an additional 482,640 shares during the last quarter. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on CE shares. Zacks Research lowered shares of Celanese from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 20th. Robert W. Baird boosted their target price on shares of Celanese from $65.00 to $75.00 and gave the company an “outperform” rating in a report on Friday, March 27th. Royal Bank Of Canada set a $66.00 target price on shares of Celanese and gave the company a “sector perform” rating in a report on Friday, April 10th. Wells Fargo & Company boosted their target price on shares of Celanese from $70.00 to $75.00 and gave the company an “overweight” rating in a report on Friday, April 10th. Finally, Evercore set a $63.00 target price on shares of Celanese in a report on Wednesday, February 18th. Nine investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Celanese presently has an average rating of “Hold” and a consensus target price of $63.65.

Celanese Price Performance

Celanese stock opened at $62.05 on Monday. The firm has a market cap of $6.80 billion, a PE ratio of -5.85, a price-to-earnings-growth ratio of 0.45 and a beta of 0.85. Celanese Corporation has a 52-week low of $35.13 and a 52-week high of $68.77. The company has a quick ratio of 0.94, a current ratio of 1.55 and a debt-to-equity ratio of 2.55. The company’s 50 day moving average is $58.31 and its two-hundred day moving average is $48.04.

Celanese (NYSE:CE) last released its earnings results on Tuesday, February 17th. The basic materials company reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.22). Celanese had a positive return on equity of 8.75% and a negative net margin of 12.15%.The business had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.25 billion. During the same quarter last year, the company earned $1.45 earnings per share. Celanese’s quarterly revenue was down 6.5% compared to the same quarter last year. Celanese has set its Q1 2026 guidance at 0.700-0.850 EPS. On average, research analysts expect that Celanese Corporation will post 8.79 EPS for the current fiscal year.

Celanese Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Investors of record on Monday, April 27th will be given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, April 27th. Celanese’s dividend payout ratio (DPR) is -1.13%.

Celanese 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.