Celanese Corporation $CE Position Boosted by Fuller & Thaler Asset Management Inc.

Key Points

• Fuller & Thaler Asset Management Inc. increased its stake in Celanese Corporation by 35%, owning over 3.1 million shares worth approximately $179.6 million after acquiring 819,489 additional shares in the first quarter.
• Celanese reported a quarterly earnings per share of $1.44, exceeding analyst expectations, with a revenue of $2.53 billion, but the revenue was down 4.5% from the previous year.
• The company's recent dividend of $0.03 per share represents a 0.3% dividend yield, while institutional investors hold 98.87% of Celanese's stock.

Fuller & Thaler Asset Management Inc. raised its stake in shares of Celanese Corporation (NYSE:CE - Free Report) by 35.0% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,164,150 shares of the basic materials company's stock after purchasing an additional 819,489 shares during the period. Fuller & Thaler Asset Management Inc. owned 2.89% of Celanese worth $179,629,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of CE. Turtle Creek Asset Management Inc. increased its position in Celanese by 266.7% during the fourth quarter. Turtle Creek Asset Management Inc. now owns 3,506,440 shares of the basic materials company's stock worth $242,681,000 after purchasing an additional 2,550,334 shares during the last quarter. Federated Hermes Inc. increased its position in Celanese by 9,132.0% during the first quarter. Federated Hermes Inc. now owns 1,801,349 shares of the basic materials company's stock worth $102,263,000 after purchasing an additional 1,781,837 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in Celanese by 891.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,521,564 shares of the basic materials company's stock worth $105,308,000 after buying an additional 1,368,104 shares during the period. Voloridge Investment Management LLC purchased a new stake in Celanese during the fourth quarter worth approximately $59,572,000. Finally, Mizuho Markets Americas LLC purchased a new stake in Celanese during the first quarter worth approximately $28,389,000. Institutional investors and hedge funds own 98.87% of the company's stock.

Celanese Stock Up 8.4%

CE traded up $3.7580 during trading hours on Friday, reaching $48.4380. 2,787,170 shares of the stock traded hands, compared to its average volume of 2,824,570. The firm'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 $5.30 billion, a price-to-earnings ratio of -3.27, a PEG ratio of 1.96 and a beta of 1.10. Celanese Corporation has a fifty-two week low of $36.29 and a fifty-two week high of $142.54. The company has a debt-to-equity ratio of 2.22, a current ratio of 2.05 and a quick ratio of 1.22.

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

Celanese Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, August 11th. Stockholders of record on Tuesday, July 29th were given a dividend of $0.03 per share. The ex-dividend date of this dividend was Tuesday, July 29th. This represents a $0.12 annualized dividend and a dividend yield of 0.2%. Celanese's dividend payout ratio (DPR) is presently -0.81%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on CE. BMO Capital Markets decreased their price objective on shares of Celanese from $55.00 to $47.00 and set a "market perform" rating for the company in a research note on Thursday, August 14th. Mizuho boosted their price objective on shares of Celanese from $50.00 to $59.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 15th. JPMorgan Chase & Co. decreased their price objective on shares of Celanese from $47.00 to $40.00 and set a "neutral" rating for the company in a research note on Thursday, August 14th. Zacks Research downgraded shares of Celanese from a "hold" rating to a "strong sell" rating in a research note on Thursday, August 14th. Finally, Citigroup boosted their price objective on shares of Celanese from $52.00 to $65.00 and gave the stock a "neutral" rating in a research note on Thursday, July 10th. Six analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, Celanese currently has an average rating of "Hold" and a consensus 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.