6,088 Shares in Celanese Corporation $CE Acquired by EntryPoint Capital LLC

Key Points

• EntryPoint Capital LLC acquired a new position in Celanese Corporation, purchasing 6,088 shares valued at approximately $346,000 in the first quarter.
• Celanese reported $1.44 EPS for the last quarter, exceeding estimates, but noted a 4.5% decline in revenue year-over-year.
• Institutional investors own 98.87% of Celanese stock, reflecting strong interest from larger funds in the company.

EntryPoint Capital LLC bought a new position in Celanese Corporation (NYSE:CE - Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 6,088 shares of the basic materials company's stock, valued at approximately $346,000.

Other hedge funds also recently bought and sold shares of the company. Sequoia Financial Advisors LLC bought a new stake in Celanese in the 1st quarter worth approximately $292,000. Teacher Retirement System of Texas bought a new stake in Celanese in the 1st quarter worth approximately $907,000. Mather Group LLC. lifted its position in Celanese by 127.0% in the 1st quarter. Mather Group LLC. now owns 622 shares of the basic materials company's stock worth $35,000 after buying an additional 348 shares during the last quarter. Amalgamated Bank lifted its position in Celanese by 55.1% in the 1st quarter. Amalgamated Bank now owns 33,508 shares of the basic materials company's stock worth $1,902,000 after buying an additional 11,905 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its stake in Celanese by 20.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 42,225 shares of the basic materials company's stock worth $2,397,000 after purchasing an additional 7,275 shares during the period. Institutional investors own 98.87% of the company's stock.

Celanese Stock Down 2.1%

Shares of Celanese stock opened at $44.4470 on Friday. The company has a current ratio of 2.05, a quick ratio of 1.22 and a debt-to-equity ratio of 2.22. The company's fifty day simple moving average is $53.87 and its two-hundred day simple moving average is $53.04. The company has a market cap of $4.86 billion, a P/E ratio of -3.00, a PEG ratio of 1.96 and a beta of 1.10. Celanese Corporation has a 12-month low of $36.29 and a 12-month high of $142.54.

Celanese (NYSE:CE - Get Free Report) last issued its quarterly earnings data on Monday, August 11th. The basic materials company reported $1.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.38 by $0.06. The business had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.50 billion. Celanese had a negative net margin of 16.30% and a positive return on equity of 10.48%. The company's quarterly revenue was down 4.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.38 EPS. Celanese has set its Q3 2025 guidance at 1.100-1.400 EPS. Research analysts anticipate that Celanese Corporation will post 8.79 EPS for the current year.

Celanese Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 11th. Shareholders of record on Tuesday, July 29th 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 of this dividend was Tuesday, July 29th. Celanese's payout ratio is presently -0.81%.

Analyst Ratings Changes

CE has been the topic of a number of analyst reports. Robert W. Baird decreased their price target on Celanese from $67.00 to $50.00 and set an "outperform" rating on the stock in a research note on Wednesday, August 13th. Deutsche Bank Aktiengesellschaft set a $52.00 price target on Celanese and gave the stock a "buy" rating in a research note on Wednesday, August 13th. Barclays lifted their price target on Celanese from $59.00 to $62.00 and gave the stock an "equal weight" rating in a research note on Wednesday, May 14th. Mizuho lifted their price target on Celanese from $50.00 to $59.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 15th. Finally, BMO Capital Markets decreased their price target on Celanese from $55.00 to $47.00 and set a "market perform" rating on the stock in a research note on Thursday, August 14th. Six investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $59.94.

Celanese Company Profile

Celanese Corporation, a chemical and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. It operates through Engineered Materials and Acetyl Chain. The Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics.

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