SG Americas Securities LLC Has $1.17 Million Stake in Celanese Corporation $CE

SG Americas Securities LLC trimmed its position in shares of Celanese Corporation (NYSE:CE) by 38.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,724 shares of the basic materials company’s stock after selling 11,207 shares during the period. SG Americas Securities LLC’s holdings in Celanese were worth $1,166,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in CE. Vanguard Group Inc. lifted its position in shares of Celanese by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 11,840,341 shares of the basic materials company’s stock worth $500,610,000 after purchasing an additional 90,428 shares during the last quarter. Capital Research Global Investors grew its holdings 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 during the last quarter. Turtle Creek Asset Management Inc. increased its position in Celanese by 21.0% in the 3rd quarter. Turtle Creek Asset Management Inc. now owns 5,115,365 shares of the basic materials company’s stock worth $215,255,000 after buying an additional 887,600 shares during the period. Fuller & Thaler Asset Management Inc. increased its position in Celanese by 15.8% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 4,094,781 shares of the basic materials company’s stock worth $173,127,000 after buying an additional 558,391 shares during the period. Finally, State Street Corp lifted its holdings in shares of Celanese by 2.1% during the fourth quarter. State Street Corp now owns 3,949,230 shares of the basic materials company’s stock worth $166,973,000 after buying an additional 80,242 shares during the last quarter. 98.87% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CE has been the topic of several research analyst reports. Wall Street Zen downgraded shares of Celanese from a “buy” rating to a “hold” rating in a research note on Saturday, June 20th. UBS Group upped their target price on shares of Celanese from $58.00 to $64.00 and gave the company a “neutral” rating in a research note on Thursday, April 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of Celanese in a report on Tuesday, May 26th. Zacks Research upgraded shares of Celanese from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 21st. Finally, Citigroup dropped their price objective 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 research 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. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $65.69.

Celanese Price Performance

Shares of NYSE:CE opened at $47.62 on Friday. The firm has a market capitalization of $5.22 billion, a PE ratio of -4.76, a PEG ratio of 0.27 and a beta of 0.76. The company has a current ratio of 1.38, a quick ratio of 0.85 and a debt-to-equity ratio of 2.41. Celanese Corporation has a 1-year low of $35.13 and a 1-year high of $70.70. The business’s 50 day moving average is $54.56 and its 200-day moving average is $53.45.

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

Celanese Announces Dividend

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

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.