22,307 Shares in Celanese Corporation $CE Acquired by Callan Family Office LLC

Key Points

• Callan Family Office acquired 22,307 Celanese shares valued at approximately $1.03 million, while institutional investors collectively own 98.87% of the company.
• Analysts maintain a consensus rating of “Hold” with an average price target of $63.71, although several firms recently lowered their targets. Celanese shares opened at $45.27, well below their 52-week high of $70.70.
• Celanese exceeded quarterly earnings expectations, reporting $2.45 in EPS versus the $2.23 consensus estimate, while revenue rose 8.7% year over year to $2.75 billion.

Callan Family Office LLC acquired a new stake in Celanese Corporation (NYSE:CE - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 22,307 shares of the basic materials company's stock, valued at approximately $1,026,000.

Several other institutional investors and hedge funds have also bought and sold shares of CE. BlackRock Inc. purchased a new position in shares of Celanese during the 2nd quarter valued at $614,675,000. Vanguard Group Inc. boosted its position in Celanese by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 11,840,341 shares of the basic materials company's stock worth $500,610,000 after purchasing an additional 90,428 shares during the period. Capital Research Global Investors boosted its position 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 worth $235,312,000 after purchasing an additional 1,076,645 shares during the period. Turtle Creek Asset Management Inc. increased its stake in shares of Celanese by 21.0% in the third quarter. Turtle Creek Asset Management Inc. now owns 5,115,365 shares of the basic materials company's stock worth $215,255,000 after purchasing an additional 887,600 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. increased its stake in shares of Celanese by 15.8% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 4,094,781 shares of the basic materials company's stock worth $173,127,000 after purchasing an additional 558,391 shares in the last quarter. 98.87% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms recently commented on CE. Mizuho set a $50.00 price objective on shares of Celanese in a report on Wednesday, August 5th. Bank of America lowered their target price on shares of Celanese from $72.00 to $63.00 and set a "buy" rating on the stock in a report on Tuesday, June 30th. Weiss Ratings restated a "sell (d-)" rating on shares of Celanese in a research report on Tuesday, May 26th. Deutsche Bank Aktiengesellschaft set a $50.00 price target on Celanese in a research report on Thursday, August 6th. Finally, Morgan Stanley decreased their price objective on Celanese from $72.00 to $58.00 and set an "equal weight" rating on the stock in a research note on Thursday, July 16th. Nine analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $63.71.

Insider Activity at Celanese

In other Celanese news, SVP Mark Christopher Murray purchased 2,153 shares of the firm's stock in a transaction on Tuesday, August 11th. The shares were purchased at an average cost of $45.52 per share, with a total value of $98,004.56. Following the completion of the purchase, the senior vice president owned 30,432 shares of the company's stock, valued at $1,385,264.64. The trade was a 7.61% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.34% of the company's stock.

Celanese Price Performance

CE stock opened at $45.27 on Tuesday. The firm has a 50 day simple moving average of $46.53 and a two-hundred day simple moving average of $53.82. The stock has a market cap of $4.97 billion, a PE ratio of -4.23, a P/E/G ratio of 0.31 and a beta of 0.76. Celanese Corporation has a one year low of $35.13 and a one year high of $70.70. 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 posted its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $2.45 earnings per share for the quarter, beating the consensus estimate of $2.23 by $0.22. The firm had revenue of $2.75 billion for the quarter, compared to analysts' expectations of $2.75 billion. Celanese had a negative net margin of 12.04% and a positive return on equity of 13.04%. The business's quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter last year, the company posted $1.44 EPS. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. On average, analysts predict that Celanese Corporation will post 5.94 EPS for the current fiscal year.

Celanese Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Tuesday, July 28th were given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Tuesday, July 28th. Celanese's dividend payout ratio (DPR) is presently -1.12%.

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.

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