Celanese (NYSE:CE) Upgraded to Buy at Tudor Pickering

Tudor Pickering upgraded shares of Celanese (NYSE:CE) from a hold rating to a buy rating in a research note issued to investors on Monday morning, Marketbeat Ratings reports.

Other research analysts have also recently issued research reports about the company. Citigroup increased their price objective on Celanese from $63.00 to $75.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. Wells Fargo & Company upped their price target on shares of Celanese from $45.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 19th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Celanese in a research note on Wednesday, January 21st. Evercore set a $63.00 price target on shares of Celanese in a report on Wednesday, February 18th. Finally, UBS Group raised their price objective on shares of Celanese from $50.00 to $56.00 and gave the company a “neutral” rating in a research note on Thursday, February 19th. Nine research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $59.39.

Celanese Stock Up 4.2%

Shares of NYSE:CE opened at $51.42 on Monday. Celanese has a 1-year low of $35.13 and a 1-year high of $63.55. The company has a debt-to-equity ratio of 2.55, a current ratio of 1.55 and a quick ratio of 0.94. The stock has a market cap of $5.63 billion, a P/E ratio of -4.85, a P/E/G ratio of 0.36 and a beta of 1.07. The firm has a fifty day moving average price of $49.41 and a 200 day moving average price of $44.66.

Celanese (NYSE:CE) last announced its earnings results on Tuesday, February 17th. The basic materials company reported $0.67 earnings per share 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 company had revenue of $2.20 billion during the quarter, compared to analysts’ expectations of $2.25 billion. During the same quarter last year, the business posted $1.45 earnings per share. The company’s revenue for the quarter was down 6.5% compared to the same quarter last year. Celanese has set its Q1 2026 guidance at 0.700-0.850 EPS. Sell-side analysts predict that Celanese will post 8.79 EPS for the current year.

Celanese Dividend Announcement

The firm also recently announced 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 is Tuesday, February 24th. This represents a $0.12 annualized dividend and a yield of 0.2%. Celanese’s dividend payout ratio is -1.13%.

Hedge Funds Weigh In On Celanese

A number of large investors have recently bought and sold shares of CE. SBI Securities Co. Ltd. raised its position 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 worth $34,000 after buying an additional 222 shares during the period. Deseret Mutual Benefit Administrators grew its position in Celanese by 20.7% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 1,399 shares of the basic materials company’s stock valued at $59,000 after acquiring an additional 240 shares during the period. Blue Trust Inc. increased its stake in Celanese by 8.9% during the fourth quarter. Blue Trust Inc. now owns 3,244 shares of the basic materials company’s stock worth $137,000 after acquiring an additional 265 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in Celanese by 111.1% during the second quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 270 shares during the last quarter. Finally, Bank of Montreal Can raised its holdings in shares of Celanese by 1.3% in the 4th quarter. Bank of Montreal Can now owns 22,723 shares of the basic materials company’s stock worth $961,000 after purchasing an additional 288 shares during the period. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Celanese Company 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.