Y Intercept Hong Kong Ltd Purchases 11,019 Shares of Celanese Corporation $CE

Y Intercept Hong Kong Ltd boosted its position in shares of Celanese Corporation (NYSE:CE) by 8.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 134,844 shares of the basic materials company’s stock after purchasing an additional 11,019 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Celanese were worth $8,869,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Celanese by 41.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,450 shares of the basic materials company’s stock valued at $1,842,000 after buying an additional 9,543 shares during the last quarter. NewEdge Advisors LLC raised its holdings in Celanese by 265.2% in the 1st quarter. NewEdge Advisors LLC now owns 5,032 shares of the basic materials company’s stock worth $286,000 after acquiring an additional 3,654 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in Celanese by 144.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,276 shares of the basic materials company’s stock worth $71,000 after acquiring an additional 755 shares during the last quarter. Baird Financial Group Inc. lifted its position in Celanese by 42.1% in the 2nd quarter. Baird Financial Group Inc. now owns 7,768 shares of the basic materials company’s stock valued at $430,000 after acquiring an additional 2,303 shares in the last quarter. Finally, California Public Employees Retirement System lifted its position in Celanese by 6.5% in the 2nd quarter. California Public Employees Retirement System now owns 184,980 shares of the basic materials company’s stock valued at $10,235,000 after acquiring an additional 11,347 shares in the last quarter. 98.87% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on CE shares. Zacks Research upgraded Celanese from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 21st. Mizuho decreased their target price on Celanese from $65.00 to $55.00 and set a “neutral” rating for the company in a research report on Wednesday. Weiss Ratings restated a “sell (d-)” rating on shares of Celanese in a research note on Tuesday, May 26th. Tudor Pickering raised shares of Celanese from a “hold” rating to a “buy” rating in a report on Monday, March 9th. Finally, Vertical Research upgraded shares of Celanese from a “hold” rating to a “buy” rating and set a $60.00 price target for the company in a research note on Monday, March 9th. 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 company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $65.69.

Celanese Stock Down 0.1%

Celanese stock opened at $47.62 on Friday. Celanese Corporation has a one year low of $35.13 and a one year high of $70.70. The stock has a fifty day moving average of $54.56 and a 200 day moving average of $53.45. 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 $5.22 billion, a PE ratio of -4.76, a price-to-earnings-growth ratio of 0.27 and a beta of 0.76.

Celanese (NYSE:CE) last announced its 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). The firm had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.34 billion. Celanese had a positive return on equity of 9.92% and a negative net margin of 11.54%.The company’s revenue for the quarter was down 2.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.57 earnings per share. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. As a group, sell-side analysts predict that Celanese Corporation will post 5.94 EPS for the current year.

Celanese Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, May 11th. Investors of record on Monday, April 27th were issued a $0.03 dividend. The ex-dividend date of this dividend was Monday, April 27th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%. Celanese’s dividend payout ratio (DPR) is presently -1.20%.

Celanese 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.