Celanese Corporation $CE Shares Sold by Fox Run Management L.L.C.

Fox Run Management L.L.C. decreased its holdings in Celanese Corporation (NYSE:CEFree Report) by 31.8% in the fourth quarter, Holdings Channel reports. The firm owned 28,776 shares of the basic materials company’s stock after selling 13,399 shares during the period. Fox Run Management L.L.C.’s holdings in Celanese were worth $1,217,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Deseret Mutual Benefit Administrators boosted its position in shares of Celanese by 20.7% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 1,399 shares of the basic materials company’s stock worth $59,000 after purchasing an additional 240 shares in the last quarter. Blue Trust Inc. boosted its position in shares of Celanese by 8.9% in the 4th quarter. Blue Trust Inc. now owns 3,244 shares of the basic materials company’s stock worth $137,000 after purchasing an additional 265 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in shares of Celanese by 111.1% in the 2nd 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. Oregon Public Employees Retirement Fund boosted its position in shares of Celanese by 1.2% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 25,015 shares of the basic materials company’s stock worth $1,058,000 after purchasing an additional 300 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its position in shares of Celanese by 100.0% in the 2nd quarter. Smartleaf Asset Management LLC now owns 662 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 331 shares in the last quarter. Institutional investors and hedge funds own 98.87% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on CE. Wells Fargo & Company raised their price objective on Celanese from $75.00 to $80.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Wall Street Zen raised Celanese from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. JPMorgan Chase & Co. lifted their price target on Celanese from $53.00 to $68.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Celanese in a research report on Tuesday, May 26th. Finally, Royal Bank Of Canada lifted their price target on Celanese from $66.00 to $68.00 and gave the stock a “sector perform” rating in a research report on Monday, May 11th. Ten equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $67.81.

Read Our Latest Report on Celanese

Celanese Stock Performance

Shares of CE opened at $51.07 on Wednesday. The stock has a 50-day moving average of $59.98 and a two-hundred day moving average of $52.41. Celanese Corporation has a one year low of $35.13 and a one year high of $70.70. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.85 and a current ratio of 1.38. The stock has a market cap of $5.60 billion, a P/E ratio of -5.10, a P/E/G ratio of 0.30 and a beta of 0.73.

Celanese (NYSE:CEGet Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The basic materials company reported $0.85 EPS for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same period in the prior year, the firm 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. As a group, research analysts predict that Celanese Corporation will post 5.8 EPS for the current year.

Celanese Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, May 11th. Shareholders of record on Monday, April 27th were paid a dividend of $0.03 per share. The ex-dividend date was Monday, April 27th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.2%. Celanese’s dividend payout ratio (DPR) is presently -1.20%.

Celanese 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.

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Institutional Ownership by Quarter for Celanese (NYSE:CE)

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