Quantinno Capital Management LP Purchases 183,694 Shares of Celanese Corporation $CE

Quantinno Capital Management LP lifted its position in Celanese Corporation (NYSE:CE) by 102.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 362,501 shares of the basic materials company’s stock after buying an additional 183,694 shares during the quarter. Quantinno Capital Management LP’s holdings in Celanese were worth $23,842,000 as of its most recent filing with the Securities and Exchange Commission.

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

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Celanese in a report on Tuesday, May 26th. Morgan Stanley cut their price target on Celanese from $72.00 to $58.00 and set an “equal weight” rating for the company in a report on Thursday, July 16th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $60.00 price objective on shares of Celanese in a research report on Wednesday, July 22nd. Mizuho dropped their target price on shares of Celanese from $65.00 to $55.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 1st. Finally, Wall Street Zen cut shares of Celanese from a “buy” rating to a “hold” rating in a research note on Saturday, June 20th. Ten 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. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $65.94.

Celanese Stock Performance

NYSE:CE opened at $44.69 on Friday. Celanese Corporation has a 12-month low of $35.13 and a 12-month high of $70.70. The company has a quick ratio of 0.85, a current ratio of 1.38 and a debt-to-equity ratio of 2.41. The firm has a market capitalization of $4.90 billion, a PE ratio of -4.46, a price-to-earnings-growth ratio of 0.28 and a beta of 0.76. The firm has a 50-day moving average price of $49.06 and a 200 day moving average price of $53.96.

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 analysts’ consensus estimates of $0.88 by ($0.03). The business had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.34 billion. Celanese had a positive return on equity of 9.92% and a negative net margin of 11.54%.The firm’s revenue for the quarter was down 2.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.57 EPS. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. Research analysts anticipate that Celanese Corporation will post 6.01 earnings per share for the current fiscal year.

Celanese Dividend Announcement

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