Corient Private Wealth LP bought a new stake in shares of Celanese Corporation (NYSE:CE - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 164,333 shares of the basic materials company's stock, valued at approximately $7,559,000. Corient Private Wealth LP owned about 0.15% of Celanese at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE bought a new stake in Celanese during the second quarter valued at approximately $62,580,000. Freestone Grove Partners LP purchased a new stake in Celanese in the second quarter worth about $859,000. Odyssean LLC bought a new position in shares of Celanese in the second quarter worth about $225,000. Man Group plc bought a new position in shares of Celanese in the second quarter worth about $5,494,000. Finally, Jupiter Topco LLC purchased a new position in shares of Celanese during the 2nd quarter valued at about $2,266,000. Hedge funds and other institutional investors own 98.87% of the company's stock.
Celanese Stock Performance
NYSE:CE opened at $44.95 on Monday. The stock's 50 day simple moving average is $46.00 and its two-hundred day simple moving average is $53.57. Celanese Corporation has a 1 year low of $35.13 and a 1 year high of $70.70. The company has a market cap of $4.93 billion, a price-to-earnings ratio of -4.20, a PEG ratio of 0.29 and a beta of 0.76. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.45 and a quick ratio of 0.87.
Celanese (NYSE:CE - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $2.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.23 by $0.22. Celanese had a positive return on equity of 13.04% and a negative net margin of 12.04%.The business had revenue of $2.75 billion for the quarter, compared to the consensus estimate of $2.75 billion. During the same period in the prior year, the business posted $1.44 earnings per share. The company's quarterly revenue was up 8.7% compared to the same quarter last year. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. As a group, equities analysts anticipate that Celanese Corporation will post 5.99 earnings per share for the current fiscal year.
Celanese Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Tuesday, July 28th were issued a $0.03 dividend. The ex-dividend date was 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 presently -1.12%.
Analysts Set New Price Targets
A number of research analysts recently issued reports on CE shares. BMO Capital Markets cut their price objective on Celanese from $57.00 to $54.00 and set a "market perform" rating for the company in a research note on Wednesday, August 5th. Citigroup decreased their target price on shares of Celanese from $80.00 to $68.00 and set a "buy" rating on the stock in a research note on Wednesday, June 24th. JPMorgan Chase & Co. lifted their price target on shares of Celanese from $53.00 to $68.00 and gave the company an "overweight" rating in a report on Thursday, May 7th. Wall Street Zen lowered shares of Celanese from a "buy" rating to a "hold" rating in a research report on Saturday, June 20th. Finally, Mizuho set a $50.00 price objective on shares of Celanese in a research note on Wednesday, August 5th. Nine equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Celanese has an average rating of "Hold" and an average price target of $63.71.
Read Our Latest Analysis on Celanese
Insider Activity at Celanese
In related news, SVP Mark Christopher Murray purchased 2,153 shares of Celanese stock in a transaction that occurred on Tuesday, August 11th. The shares were bought at an average price of $45.52 per share, with a total value of $98,004.56. Following the purchase, the senior vice president directly owned 30,432 shares of the company's stock, valued at approximately $1,385,264.64. This represents a 7.61% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.34% of the company's stock.
Celanese Company Profile
(
Free Report)
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.
Read More

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Celanese, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Celanese wasn't on the list.
While Celanese currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Tesla, Nvidia, and Google helped shape the last era of market growth, but the next wave could come from a new group of companies. Inside this report, you’ll find 7 stocks that could play a major role in the next tech-driven market boom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.