Celanese Corporation $CE Shares Bought by Bank of New York Mellon Corp

Bank of New York Mellon Corp increased its position in Celanese Corporation (NYSE:CE) by 2.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 695,758 shares of the basic materials company’s stock after acquiring an additional 14,487 shares during the period. Bank of New York Mellon Corp owned approximately 0.63% of Celanese worth $45,760,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of CE. JPMorgan Chase & Co. grew its stake in shares of Celanese by 12.8% in the third quarter. JPMorgan Chase & Co. now owns 259,196 shares of the basic materials company’s stock worth $10,907,000 after purchasing an additional 29,392 shares in the last quarter. Capital Research Global Investors grew its position in Celanese by 24.0% in the 4th quarter. Capital Research Global Investors now owns 5,565,556 shares of the basic materials company’s stock valued at $235,312,000 after buying an additional 1,076,645 shares in the last quarter. QSM Asset Management Ltd increased its stake in Celanese by 102.2% during the 4th quarter. QSM Asset Management Ltd now owns 84,698 shares of the basic materials company’s stock valued at $3,581,000 after buying an additional 42,800 shares during the period. Hsbc Holdings PLC lifted its stake in shares of Celanese by 208.3% in the 4th quarter. Hsbc Holdings PLC now owns 105,435 shares of the basic materials company’s stock worth $4,460,000 after acquiring an additional 71,238 shares during the period. Finally, U.S. Capital Wealth Advisors LLC lifted its stake in shares of Celanese by 113.1% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 152,291 shares of the basic materials company’s stock worth $6,439,000 after acquiring an additional 80,827 shares during the period. 98.87% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently commented on CE shares. Zacks Research raised Celanese from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 21st. Morgan Stanley decreased their target price on Celanese from $72.00 to $58.00 and set an “equal weight” rating for the company in a research note on Thursday, July 16th. Bank of America dropped their price target on shares of Celanese from $72.00 to $63.00 and set a “buy” rating on the stock in a research report on Tuesday, June 30th. Wells Fargo & Company raised their price objective on shares of Celanese from $75.00 to $80.00 and gave the company an “overweight” rating in a research report on Friday, May 8th. Finally, Citigroup dropped their target price on shares of Celanese from $80.00 to $68.00 and set a “buy” rating on the stock in a report on Wednesday, June 24th. Ten investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $65.94.

Celanese Stock Performance

Shares of CE stock opened at $46.38 on Friday. The firm has a market cap of $5.09 billion, a P/E ratio of -4.63, a PEG ratio of 0.29 and a beta of 0.76. The stock’s 50-day moving average is $49.99 and its two-hundred day moving average is $53.95. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.38 and a quick ratio of 0.85. Celanese Corporation has a fifty-two week low of $35.13 and a fifty-two week high of $70.70.

Celanese (NYSE:CE) last released its quarterly earnings results on Tuesday, May 5th. The basic materials company reported $0.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.88 by ($0.03). Celanese had a positive return on equity of 9.92% and a negative net margin of 11.54%.The company had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.34 billion. During the same quarter last year, the company posted $0.57 EPS. The business’s revenue was down 2.2% compared to the same quarter last year. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. Analysts predict that Celanese Corporation will post 6.01 earnings per share for the current fiscal year.

Celanese Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Tuesday, July 28th will be given a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.3%. The ex-dividend date is Tuesday, July 28th. Celanese’s dividend payout ratio (DPR) is currently -1.20%.

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.