SG Americas Securities LLC boosted its position in Celanese Corporation (NYSE:CE – Free Report) by 803.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 28,931 shares of the basic materials company’s stock after purchasing an additional 25,727 shares during the quarter. SG Americas Securities LLC’s holdings in Celanese were worth $1,223,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in the company. Assenagon Asset Management S.A. raised its holdings in Celanese by 65.5% in the fourth quarter. Assenagon Asset Management S.A. now owns 1,219,929 shares of the basic materials company’s stock worth $51,579,000 after purchasing an additional 482,640 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Celanese by 12.8% during the third quarter. JPMorgan Chase & Co. now owns 259,196 shares of the basic materials company’s stock valued at $10,907,000 after acquiring an additional 29,392 shares in the last quarter. Saranac Partners Ltd bought a new position in shares of Celanese during the third quarter valued at $61,000. EMC Capital Management increased its holdings in shares of Celanese by 72.0% during the third quarter. EMC Capital Management now owns 4,300 shares of the basic materials company’s stock valued at $181,000 after acquiring an additional 1,800 shares in the last quarter. Finally, Danske Bank A S purchased a new stake in shares of Celanese during the third quarter valued at $50,000. Institutional investors own 98.87% of the company’s stock.
Analyst Upgrades and Downgrades
CE has been the topic of several recent analyst reports. Vertical Research raised Celanese from a “hold” rating to a “buy” rating and set a $60.00 price objective on the stock in a research report on Monday, March 9th. Tudor Pickering raised Celanese from a “hold” rating to a “buy” rating in a research report on Monday, March 9th. Morgan Stanley assumed coverage on Celanese in a research report on Tuesday, January 20th. They set an “equal weight” rating and a $50.00 price objective on the stock. Zacks Research cut Celanese from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 20th. Finally, JPMorgan Chase & Co. lifted their price objective on Celanese from $40.00 to $53.00 and gave the company a “neutral” rating in a research report on Thursday, February 19th. Nine investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $62.18.
Celanese Stock Down 0.2%
Shares of CE opened at $63.67 on Wednesday. The business’s 50 day moving average is $55.75 and its 200 day moving average is $46.75. The company has a market capitalization of $6.98 billion, a PE ratio of -6.01, a price-to-earnings-growth ratio of 0.45 and a beta of 0.85. Celanese Corporation has a 12-month low of $35.13 and a 12-month high of $67.82. The company has a current ratio of 1.55, a quick ratio of 0.94 and a debt-to-equity ratio of 2.55.
Celanese (NYSE:CE – Get Free Report) last issued its earnings results 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 for the quarter, compared to the consensus estimate of $2.25 billion. During the same period last year, the business posted $1.45 EPS. The firm’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. Research analysts expect that Celanese Corporation will post 8.79 earnings per share for the current fiscal year.
Celanese Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 24th were paid a $0.03 dividend. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a $0.12 dividend on an annualized basis and a yield of 0.2%. Celanese’s payout ratio is presently -1.13%.
About Celanese
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.
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