Celanese Corporation $CE Shares Bought by First Trust Advisors LP

First Trust Advisors LP increased its holdings in Celanese Corporation (NYSE:CE) by 41.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 63,416 shares of the basic materials company’s stock after buying an additional 18,677 shares during the quarter. First Trust Advisors LP’s holdings in Celanese were worth $4,171,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Capital Research Global Investors grew its stake in shares of Celanese by 24.0% during the 4th quarter. Capital Research Global Investors now owns 5,565,556 shares of the basic materials company’s stock worth $235,312,000 after purchasing an additional 1,076,645 shares during the period. Hsbc Holdings PLC boosted its holdings in Celanese by 208.3% during the fourth quarter. Hsbc Holdings PLC now owns 105,435 shares of the basic materials company’s stock worth $4,460,000 after buying an additional 71,238 shares in the last quarter. U.S. Capital Wealth Advisors LLC grew its position in Celanese by 113.1% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 152,291 shares of the basic materials company’s stock valued at $6,439,000 after buying an additional 80,827 shares during the period. SG Americas Securities LLC increased its holdings in Celanese by 803.0% in the fourth quarter. SG Americas Securities LLC now owns 28,931 shares of the basic materials company’s stock valued at $1,223,000 after buying an additional 25,727 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Celanese in the fourth quarter worth about $20,047,000. 98.87% of the stock is owned by hedge funds and other institutional investors.

Celanese Trading Up 3.5%

CE opened at $45.41 on Wednesday. The business’s 50 day moving average price is $48.75 and its 200 day moving average price is $54.00. 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 capitalization of $4.98 billion, a PE ratio of -4.54, a P/E/G ratio of 0.27 and a beta of 0.76. Celanese Corporation has a one year low of $35.13 and a one year high of $70.70.

Celanese (NYSE:CE) last released its earnings results on Tuesday, August 4th. The basic materials company reported $2.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.23 by $0.22. The company had revenue of $2.75 billion for the quarter, compared to analyst estimates of $2.75 billion. Celanese had a negative net margin of 11.54% and a positive return on equity of 9.92%. The firm’s quarterly revenue was up 8.7% on a year-over-year basis. During the same period in the prior year, the business earned $1.44 EPS. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. As a group, equities research analysts expect that Celanese Corporation will post 6.01 EPS for the current year.

Celanese Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Tuesday, July 28th will be given a $0.03 dividend. The ex-dividend date of this dividend is Tuesday, July 28th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%. Celanese’s dividend payout ratio is -1.20%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on CE shares. Citigroup reduced their price target on Celanese from $80.00 to $68.00 and set a “buy” rating for the company in a report on Wednesday, June 24th. Bank of America cut their price objective on Celanese from $72.00 to $63.00 and set a “buy” rating for the company in a research report on Tuesday, June 30th. Mizuho decreased their target price on Celanese from $65.00 to $55.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 1st. Weiss Ratings reissued a “sell (d-)” rating on shares of Celanese in a research note on Tuesday, May 26th. Finally, Royal Bank Of Canada boosted their price target on shares of Celanese from $66.00 to $68.00 and gave the stock a “sector perform” rating in a report on Monday, May 11th. Ten research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $65.94.

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.