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Celanese Corporation $CE Shares Acquired by Corient Private Wealth LP

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Key Points

  • Corient Private Wealth increased its Celanese stake by 59.2% in the second quarter, bringing its holdings to 162,154 shares valued at approximately $7.5 million. Institutional investors collectively own 98.87% of the company.
  • Celanese reported quarterly EPS of $2.45, 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–$1.75.
  • Shares opened at $46.75, near the lower end of their 12-month range, while analysts maintained a “Moderate Buy” consensus with an average price target of $63.27 despite several target-price reductions.
  • Five stocks to consider instead of Celanese.

Corient Private Wealth LP increased its stake in shares of Celanese Corporation (NYSE:CE - Free Report) by 59.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 162,154 shares of the basic materials company's stock after buying an additional 60,317 shares during the quarter. Corient Private Wealth LP owned about 0.15% of Celanese worth $7,459,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of Celanese in the second quarter valued at approximately $614,675,000. Capital Research Global Investors boosted its holdings in Celanese by 24.0% in the 4th quarter. Capital Research Global Investors now owns 5,565,556 shares of the basic materials company's stock valued at $235,312,000 after purchasing an additional 1,076,645 shares in the last quarter. Turtle Creek Asset Management Inc. boosted its holdings in Celanese by 18.1% in the 1st quarter. Turtle Creek Asset Management Inc. now owns 2,547,744 shares of the basic materials company's stock valued at $167,565,000 after purchasing an additional 391,204 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Celanese by 83.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,187,235 shares of the basic materials company's stock worth $143,849,000 after purchasing an additional 993,193 shares during the period. Finally, Geode Capital Management LLC increased its position in Celanese by 17.7% during the 4th quarter. Geode Capital Management LLC now owns 1,909,529 shares of the basic materials company's stock worth $80,760,000 after purchasing an additional 287,264 shares during the period. Institutional investors and hedge funds own 98.87% of the company's stock.

Celanese Stock Down 0.2%

Shares of NYSE:CE opened at $46.75 on Friday. The company has a current ratio of 1.45, a quick ratio of 0.87 and a debt-to-equity ratio of 2.33. The firm has a market cap of $5.13 billion, a price-to-earnings ratio of -4.37, a PEG ratio of 0.30 and a beta of 0.76. The stock's 50-day moving average price is $45.42 and its two-hundred day moving average price is $52.65. Celanese Corporation has a 12-month low of $35.13 and a 12-month high of $70.70.

Celanese (NYSE:CE - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $2.45 EPS for the quarter, beating analysts' consensus estimates of $2.23 by $0.22. The company had revenue of $2.75 billion during the quarter, compared to the consensus estimate of $2.75 billion. Celanese had a negative net margin of 12.04% and a positive return on equity of 13.04%. The company's quarterly revenue was up 8.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.44 EPS. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. On average, research analysts forecast that Celanese Corporation will post 6 EPS for the current year.

Celanese Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 10th. Investors 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 of this dividend was Tuesday, July 28th. Celanese's dividend payout ratio is -1.12%.

Insider Transactions at Celanese

In other Celanese news, SVP Mark Murray acquired 2,153 shares of the firm's stock in a transaction on Tuesday, August 11th. The stock was bought at an average cost of $45.52 per share, for a total transaction of $98,004.56. Following the completion of the purchase, the senior vice president directly owned 30,432 shares in the company, valued at $1,385,264.64. This represents a 7.61% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.34% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on CE. 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 report on Wednesday, June 24th. Wells Fargo & Company lowered their target price on shares of Celanese from $80.00 to $65.00 and set an "overweight" rating on the stock in a research report on Thursday, August 6th. Morgan Stanley lowered their target price on shares of Celanese from $72.00 to $58.00 and set an "equal weight" rating on the stock in a research report on Thursday, July 16th. Mizuho set a $50.00 price objective on Celanese in a research note on Wednesday, August 5th. Finally, BMO Capital Markets dropped their target price on shares of Celanese from $57.00 to $54.00 and set a "market perform" rating for the company in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $63.27.

Read Our Latest Stock Analysis on Celanese

About Celanese

(Free Report)

Celanese Corporation is a global chemical and specialty materials company headquartered in Irving, Texas. The company develops and manufactures engineered polymers, specialty chemicals and other materials used in a broad range of industries, including automotive, medical, electronics, consumer products, industrial equipment, coatings and packaging.

Celanese operates through two primary businesses: Engineered Materials and the Acetyl Chain. Its engineered materials portfolio includes high-performance thermoplastics, engineered polymers and other specialty compounds used to replace metal and conventional materials in demanding applications.

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Institutional Ownership by Quarter for Celanese (NYSE:CE)

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