167,820 Shares in Celanese Corporation $CE Purchased by Deutsche Bank AG

Key Points

• Deutsche Bank acquired 167,820 Celanese shares worth approximately $7.72 million during the second quarter, giving it a 0.15% stake. Institutional investors collectively own 98.87% of the company.
• Celanese reported quarterly earnings of $2.45 per share, beating estimates of $2.23, while revenue reached $2.75 billion, up 8.7% year over year. The company issued third-quarter 2026 EPS guidance of $1.35 to $1.75.
• Shares opened at $46.86, well below the analyst consensus price target of $63.47. Analysts’ overall rating is “Hold,” with nine Buy ratings, seven Holds and one Sell.

Deutsche Bank AG acquired a new stake in Celanese Corporation (NYSE:CE - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 167,820 shares of the basic materials company's stock, valued at approximately $7,720,000. Deutsche Bank AG owned 0.15% of Celanese at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Celanese by 41.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,450 shares of the basic materials company's stock valued at $1,842,000 after acquiring an additional 9,543 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Celanese by 265.2% in the 1st quarter. NewEdge Advisors LLC now owns 5,032 shares of the basic materials company's stock worth $286,000 after acquiring an additional 3,654 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Celanese by 144.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,276 shares of the basic materials company's stock worth $71,000 after acquiring an additional 755 shares during the last quarter. Baird Financial Group Inc. boosted its position in shares of Celanese by 42.1% during the 2nd quarter. Baird Financial Group Inc. now owns 7,768 shares of the basic materials company's stock worth $430,000 after purchasing an additional 2,303 shares during the period. Finally, California Public Employees Retirement System boosted its position in shares of Celanese by 6.5% during the 2nd quarter. California Public Employees Retirement System now owns 184,980 shares of the basic materials company's stock worth $10,235,000 after purchasing an additional 11,347 shares during the period. Institutional investors and hedge funds own 98.87% of the company's stock.

Celanese Stock Performance

Shares of CE stock opened at $46.86 on Monday. The company has a quick ratio of 0.87, a current ratio of 1.45 and a debt-to-equity ratio of 2.33. Celanese Corporation has a 52 week low of $35.13 and a 52 week high of $70.70. The stock has a market capitalization of $5.14 billion, a PE ratio of -4.38, a P/E/G ratio of 0.31 and a beta of 0.76. The firm has a 50 day moving average of $46.70 and a two-hundred day moving average of $53.84.

Celanese (NYSE:CE - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $2.45 earnings per share for the quarter, topping analysts' consensus estimates of $2.23 by $0.22. The business had revenue of $2.75 billion for the quarter, compared to analyst estimates of $2.75 billion. Celanese had a positive return on equity of 13.04% and a negative net margin of 12.04%.The company's revenue was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.44 earnings per share. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. On average, research analysts predict that Celanese Corporation will post 5.94 EPS for the current fiscal year.

Celanese Dividend Announcement

The business also recently announced 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 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Tuesday, July 28th. Celanese's payout ratio is presently -1.12%.

Insiders Place Their Bets

In related news, SVP Mark Christopher Murray purchased 2,153 shares of the business's stock in a transaction on Tuesday, August 11th. The shares were bought at an average price of $45.52 per share, for a total transaction of $98,004.56. Following the acquisition, the senior vice president directly owned 30,432 shares in the company, valued at $1,385,264.64. This trade represents a 7.61% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.34% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. BMO Capital Markets cut their target price on Celanese from $57.00 to $54.00 and set a "market perform" rating on the stock in a research report on Wednesday, August 5th. Mizuho set a $50.00 price objective on Celanese in a report on Wednesday, August 5th. Citigroup decreased their target price on Celanese from $80.00 to $68.00 and set a "buy" rating on the stock in a research note on Wednesday, June 24th. Weiss Ratings restated a "sell (d-)" rating on shares of Celanese in a report on Tuesday, May 26th. Finally, Wells Fargo & Company dropped their target price on Celanese from $80.00 to $65.00 and set an "overweight" rating for the company in a research report on Thursday, August 6th. Nine investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $63.47.

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.

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