20,531 Shares in Celanese Corporation $CE Bought by Havemeyer Place LP

Havemeyer Place LP acquired a new position in shares of Celanese Corporation (NYSE:CE) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 20,531 shares of the basic materials company’s stock, valued at approximately $868,000.

Other institutional investors also recently bought and sold shares of the company. Geneos Wealth Management Inc. boosted its position in Celanese by 111.1% during the second 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. Smartleaf Asset Management LLC boosted its position in Celanese by 100.0% during the second 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. National Bank of Canada FI purchased a new stake in Celanese during the third quarter worth $34,000. Hartford Financial Management Inc. boosted its position in Celanese by 350.5% during the fourth quarter. Hartford Financial Management Inc. now owns 901 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 701 shares in the last quarter. Finally, Danske Bank A S purchased a new stake in Celanese during the third quarter worth $50,000. 98.87% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have commented on CE shares. Wells Fargo & Company boosted their target price on Celanese from $75.00 to $80.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Bank of America upped their price objective on Celanese from $70.00 to $75.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. JPMorgan Chase & Co. upped their price objective on Celanese from $53.00 to $68.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Evercore set a $63.00 price objective on Celanese in a research report on Wednesday, February 18th. Finally, Royal Bank Of Canada upped their price objective on Celanese from $66.00 to $68.00 and gave the company a “sector perform” rating in a research report on Monday, May 11th. Ten research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $67.81.

Celanese Stock Down 3.9%

Shares of NYSE:CE opened at $49.06 on Tuesday. The company has a quick ratio of 0.85, a current ratio of 1.38 and a debt-to-equity ratio of 2.41. Celanese Corporation has a 52-week low of $35.13 and a 52-week high of $70.70. The stock’s fifty day simple moving average is $60.23 and its 200-day simple moving average is $52.31. The company has a market capitalization of $5.38 billion, a P/E ratio of -4.90, a P/E/G ratio of 0.31 and a beta of 0.74.

Celanese (NYSE:CE) last issued its quarterly earnings data 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). Celanese had a negative net margin of 11.54% and a positive return on equity of 9.92%. The company had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.34 billion. During the same quarter in the prior year, the company earned $0.57 earnings per share. The firm’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, equities research analysts forecast that Celanese Corporation will post 5.8 earnings per share for the current fiscal year.

Celanese Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, May 11th. Investors of record on Monday, April 27th were given a dividend of $0.03 per share. The ex-dividend date was Monday, April 27th. This represents a $0.12 annualized dividend and a yield of 0.2%. Celanese’s dividend payout ratio is -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.