Celanese Corporation $CE Stake Increased by LRI Investments LLC

LRI Investments LLC increased its stake in Celanese Corporation (NYSE:CE) by 99.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 758 shares of the basic materials company’s stock after buying an additional 377 shares during the period. LRI Investments LLC’s holdings in Celanese were worth $42,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sequoia Financial Advisors LLC bought a new stake in shares of Celanese in the first quarter worth $292,000. Teacher Retirement System of Texas bought a new stake in Celanese during the first quarter valued at $907,000. Mather Group LLC. increased its stake in Celanese by 127.0% during the first quarter. Mather Group LLC. now owns 622 shares of the basic materials company’s stock valued at $35,000 after purchasing an additional 348 shares during the last quarter. Amalgamated Bank increased its stake in Celanese by 55.1% during the first quarter. Amalgamated Bank now owns 33,508 shares of the basic materials company’s stock valued at $1,902,000 after purchasing an additional 11,905 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its stake in Celanese by 20.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 42,225 shares of the basic materials company’s stock valued at $2,397,000 after purchasing an additional 7,275 shares during the last quarter. Institutional investors own 98.87% of the company’s stock.

Insiders Place Their Bets

In other Celanese news, Director Timothy Go purchased 1,039 shares of the business’s stock in a transaction on Monday, September 8th. The stock was bought at an average cost of $46.25 per share, with a total value of $48,053.75. Following the acquisition, the director owned 4,415 shares of the company’s stock, valued at $204,193.75. The trade was a 30.78% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.26% of the company’s stock.

Celanese Stock Performance

CE stock opened at $40.17 on Tuesday. The company has a market capitalization of $4.40 billion, a P/E ratio of -2.71, a PEG ratio of 1.78 and a beta of 1.13. The company has a 50-day simple moving average of $44.71 and a 200 day simple moving average of $49.33. Celanese Corporation has a fifty-two week low of $36.29 and a fifty-two week high of $136.68. The company has a quick ratio of 1.22, a current ratio of 2.05 and a debt-to-equity ratio of 2.22.

Celanese (NYSE:CE) last posted its quarterly earnings data on Monday, August 11th. The basic materials company reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.06. The business had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.50 billion. Celanese had a negative net margin of 16.30% and a positive return on equity of 10.48%. The company’s quarterly revenue was down 4.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.38 earnings per share. Celanese has set its Q3 2025 guidance at 1.100-1.400 EPS. Sell-side analysts predict that Celanese Corporation will post 8.79 earnings per share for the current fiscal year.

Celanese Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, August 11th. Shareholders of record on Tuesday, July 29th were issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Tuesday, July 29th. Celanese’s dividend payout ratio is presently -0.81%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on CE. Bank of America lowered their target price on shares of Celanese from $65.00 to $59.00 and set a “buy” rating for the company in a research note on Wednesday, August 13th. Royal Bank Of Canada lowered their target price on shares of Celanese from $63.00 to $45.00 and set a “sector perform” rating for the company in a research note on Thursday, August 14th. Jefferies Financial Group reduced their price target on shares of Celanese from $47.00 to $43.00 and set a “hold” rating for the company in a report on Monday, September 8th. JPMorgan Chase & Co. reduced their price target on shares of Celanese from $47.00 to $40.00 and set a “neutral” rating for the company in a report on Thursday, August 14th. Finally, Deutsche Bank Aktiengesellschaft set a $52.00 price target on shares of Celanese and gave the company a “buy” rating in a report on Wednesday, August 13th. Seven analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Celanese currently has an average rating of “Hold” and an average target price of $56.33.

About Celanese

Celanese Corporation, a chemical and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. It operates through Engineered Materials and Acetyl Chain. The Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics.