Fox Run Management L.L.C. Raises Position in Celanese Corporation $CE

Fox Run Management L.L.C. raised its position in shares of Celanese Corporation (NYSE:CEFree Report) by 406.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 42,175 shares of the basic materials company’s stock after acquiring an additional 33,854 shares during the quarter. Fox Run Management L.L.C.’s holdings in Celanese were worth $1,775,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. SBI Securities Co. Ltd. lifted its stake in shares of Celanese by 55.4% in the 2nd quarter. SBI Securities Co. Ltd. now owns 623 shares of the basic materials company’s stock valued at $34,000 after purchasing an additional 222 shares during the period. Geneos Wealth Management Inc. raised its holdings in Celanese by 111.1% in the second quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 270 shares in the last quarter. HB Wealth Management LLC raised its holdings in Celanese by 5.1% in the third quarter. HB Wealth Management LLC now owns 6,460 shares of the basic materials company’s stock worth $272,000 after purchasing an additional 314 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in Celanese by 100.0% during the second quarter. Smartleaf Asset Management LLC now owns 662 shares of the basic materials company’s stock valued at $38,000 after buying an additional 331 shares during the period. Finally, Smithfield Trust Co boosted its holdings in shares of Celanese by 26.0% during the 3rd quarter. Smithfield Trust Co now owns 1,668 shares of the basic materials company’s stock valued at $69,000 after buying an additional 344 shares in the last quarter. Institutional investors own 98.87% of the company’s stock.

Celanese Trading Up 1.5%

NYSE:CE opened at $53.10 on Wednesday. The stock has a market cap of $5.81 billion, a price-to-earnings ratio of -5.01, a PEG ratio of 0.31 and a beta of 1.12. 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 price is $47.94 and its 200-day moving average price is $44.23. Celanese Corporation has a 52 week low of $35.13 and a 52 week high of $63.55.

Celanese (NYSE:CEGet Free Report) last released its quarterly earnings data on Tuesday, February 17th. The basic materials company reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by ($0.22). Celanese had a negative net margin of 12.15% and a positive return on equity of 8.75%. The business had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.25 billion. During the same period last year, the company posted $1.45 earnings per share. The business’s 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, equities research analysts forecast that Celanese Corporation will post 8.79 earnings per share for the current fiscal year.

Celanese Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 24th will be given a dividend of $0.03 per share. The ex-dividend date of this dividend is Tuesday, February 24th. This represents a $0.12 annualized dividend and a dividend yield of 0.2%. Celanese’s dividend payout ratio (DPR) is -1.13%.

Insider Buying and Selling

In other Celanese news, CFO Chuck Kyrish acquired 5,000 shares of Celanese stock in a transaction that occurred on Tuesday, December 9th. The stock was bought at an average cost of $41.03 per share, for a total transaction of $205,150.00. Following the acquisition, the chief financial officer owned 10,914 shares of the company’s stock, valued at $447,801.42. This represents a 84.55% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.26% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on CE. UBS Group increased their price target on shares of Celanese from $50.00 to $56.00 and gave the stock a “neutral” rating in a research note on Thursday, February 19th. Jefferies Financial Group raised shares of Celanese from a “hold” rating to a “buy” rating and set a $86.00 target price for the company in a research note on Thursday, February 5th. Tudor Pickering upgraded shares of Celanese from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 11th. JPMorgan Chase & Co. boosted their price target on Celanese from $40.00 to $53.00 and gave the stock a “neutral” rating in a research report on Thursday, February 19th. Finally, Robert W. Baird set a $65.00 price objective on Celanese in a research report on Thursday, February 19th. Seven analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Celanese presently has a consensus rating of “Hold” and an average target price of $59.72.

View Our Latest Stock Report on CE

Celanese Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Celanese (NYSE:CE)

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