Celanese Corporation $CE Shares Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC increased its position in shares of Celanese Corporation (NYSE:CE) by 208.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 105,435 shares of the basic materials company’s stock after buying an additional 71,238 shares during the quarter. Hsbc Holdings PLC’s holdings in Celanese were worth $4,460,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Celanese by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 11,840,341 shares of the basic materials company’s stock worth $500,610,000 after acquiring an additional 90,428 shares during the last quarter. Capital Research Global Investors increased its position in shares of 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 purchasing an additional 1,076,645 shares during the last quarter. Turtle Creek Asset Management Inc. increased its position in shares of 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 valued at $215,255,000 after purchasing an additional 887,600 shares during the last quarter. Fuller & Thaler Asset Management Inc. raised its holdings in shares of 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 valued at $173,127,000 after purchasing an additional 558,391 shares in the last quarter. Finally, State Street Corp lifted its position in shares of Celanese by 2.1% during the 4th quarter. State Street Corp now owns 3,949,230 shares of the basic materials company’s stock worth $166,973,000 after purchasing an additional 80,242 shares during the last quarter. Institutional investors and hedge funds own 98.87% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Zacks Research upgraded shares of Celanese from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 21st. JPMorgan Chase & Co. raised their price target on Celanese from $53.00 to $68.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. BMO Capital Markets decreased their price target on Celanese from $80.00 to $57.00 and set a “market perform” rating for the company in a report on Monday. Robert W. Baird upped their price objective on Celanese from $65.00 to $75.00 and gave the stock an “outperform” rating in a research report on Friday, March 27th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Celanese in a report on Tuesday, May 26th. Ten investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $66.31.

Celanese Trading Down 1.2%

Shares of Celanese stock opened at $46.73 on Friday. The company has a current ratio of 1.38, a quick ratio of 0.85 and a debt-to-equity ratio of 2.41. The company has a fifty day simple moving average of $53.17 and a 200-day simple moving average of $53.69. The stock has a market cap of $5.12 billion, a price-to-earnings ratio of -4.67, a PEG ratio of 0.27 and a beta of 0.76. Celanese Corporation has a 12-month low of $35.13 and a 12-month high of $70.70.

Celanese (NYSE:CE) last announced its quarterly earnings results on Tuesday, May 5th. The basic materials company reported $0.85 EPS for the quarter, missing the consensus estimate of $0.88 by ($0.03). Celanese had a positive return on equity of 9.92% and a negative net margin of 11.54%.The company had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same quarter in the prior year, the business earned $0.57 earnings per share. Celanese’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. On average, equities analysts forecast that Celanese Corporation will post 6.06 EPS for the current fiscal year.

Celanese Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, May 11th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.3%. Celanese’s payout ratio is -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.