Squarepoint Ops LLC Increases Position in Celanese Corporation $CE

Squarepoint Ops LLC increased its holdings in Celanese Corporation (NYSE:CE) by 154.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 232,605 shares of the basic materials company’s stock after acquiring an additional 141,175 shares during the period. Squarepoint Ops LLC’s holdings in Celanese were worth $10,700,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Childress Capital Advisors LLC lifted its holdings in Celanese by 3.6% during the first quarter. Childress Capital Advisors LLC now owns 5,587 shares of the basic materials company’s stock worth $367,000 after acquiring an additional 192 shares during the period. AdvisorNet Financial Inc increased its position in shares of Celanese by 14.5% during the 1st quarter. AdvisorNet Financial Inc now owns 1,815 shares of the basic materials company’s stock valued at $119,000 after purchasing an additional 230 shares during the last quarter. Deseret Mutual Benefit Administrators increased its position in shares of Celanese by 20.7% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 1,399 shares of the basic materials company’s stock valued at $59,000 after purchasing an additional 240 shares during the last quarter. Bessemer Group Inc. raised its stake in shares of Celanese by 7.1% during the 1st quarter. Bessemer Group Inc. now owns 3,970 shares of the basic materials company’s stock worth $262,000 after purchasing an additional 262 shares during the period. Finally, Geneos Wealth Management Inc. raised its stake in shares of Celanese by 111.1% during 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 during the period. 98.87% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

CE has been the subject of several research reports. Bank of America reduced their price target on shares of Celanese from $72.00 to $63.00 and set a “buy” rating for the company in a research report on Tuesday, June 30th. Wells Fargo & Company dropped their target price on shares of Celanese from $80.00 to $65.00 and set an “overweight” rating on the stock in a research note on Thursday, August 6th. Mizuho set a $50.00 target price on shares of Celanese in a research report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft set a $50.00 price target on shares of Celanese in a research note on Thursday, August 6th. Finally, Wall Street Zen cut shares of Celanese from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. Nine analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Celanese currently has a consensus rating of “Hold” and a consensus price target of $63.71.

Insider Buying and Selling

In other Celanese news, SVP Mark Murray acquired 2,153 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average cost of $45.52 per share, with a total value of $98,004.56. Following the acquisition, the senior vice president owned 30,432 shares in the company, valued at approximately $1,385,264.64. This represents a 7.61% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.34% of the company’s stock.

Celanese Trading Down 0.0%

Shares of CE opened at $44.51 on Thursday. Celanese Corporation has a fifty-two week low of $35.13 and a fifty-two week high of $70.70. The business has a 50-day moving average of $45.58 and a 200 day moving average of $52.86. The firm has a market cap of $4.88 billion, a P/E ratio of -4.16, a price-to-earnings-growth ratio of 0.29 and a beta of 0.76. The company has a debt-to-equity ratio of 2.33, a quick ratio of 0.87 and a current ratio of 1.45.

Celanese (NYSE:CE) last released its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $2.45 EPS for the quarter, beating the consensus estimate of $2.23 by $0.22. The business had revenue of $2.75 billion for the quarter, compared to the consensus estimate of $2.75 billion. Celanese had a negative net margin of 12.04% and a positive return on equity of 13.04%. The company’s revenue was up 8.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.44 earnings per share. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. As a group, research analysts forecast that Celanese Corporation will post 5.99 EPS for the current year.

Celanese Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Tuesday, July 28th were paid 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 was Tuesday, July 28th. Celanese’s dividend payout ratio is presently -1.12%.

Celanese Company 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.