Celanese Corporation $CE Shares Purchased 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. increased its stake in Celanese Corporation (NYSE:CE - Free Report) by 35.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,164,150 shares of the basic materials company's stock after buying an additional 819,489 shares during the quarter. Fuller & Thaler Asset Management Inc. owned about 2.89% of Celanese worth $179,629,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of CE. Strengthening Families & Communities LLC grew its stake in shares of Celanese by 73.2% in the first quarter. Strengthening Families & Communities LLC now owns 440 shares of the basic materials company's stock valued at $25,000 after buying an additional 186 shares in the last quarter. Summit Securities Group LLC acquired a new stake in shares of Celanese in the first quarter valued at about $30,000. State of Wyoming grew its stake in Celanese by 122.5% during the 4th quarter. State of Wyoming now owns 485 shares of the basic materials company's stock valued at $34,000 after purchasing an additional 267 shares in the last quarter. Mather Group LLC. grew its stake in Celanese by 127.0% during the 1st quarter. Mather Group LLC. now owns 622 shares of the basic materials company's stock valued at $35,000 after purchasing an additional 348 shares in the last quarter. Finally, LRI Investments LLC grew its stake in Celanese by 739.1% during the 4th quarter. LRI Investments LLC now owns 537 shares of the basic materials company's stock valued at $37,000 after purchasing an additional 473 shares in the last quarter. Institutional investors and hedge funds own 98.87% of the company's stock.

Celanese Stock Performance

Shares of NYSE CE traded up $3.7580 during mid-day trading on Friday, hitting $48.4380. The company had a trading volume of 2,787,210 shares, compared to its average volume of 2,759,174. The stock has a market cap of $5.30 billion, a price-to-earnings ratio of -3.27, a PEG ratio of 1.93 and a beta of 1.10. Celanese Corporation has a 12 month low of $36.29 and a 12 month 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. The firm's 50 day simple moving average is $53.75 and its two-hundred day simple moving average is $52.88.

Celanese (NYSE:CE - Get Free Report) last announced its quarterly earnings results on Monday, August 11th. The basic materials company reported $1.44 earnings per share (EPS) for the quarter, topping the consensus estimate 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 positive return on equity of 10.48% and a negative net margin of 16.30%.The business's revenue was down 4.5% on a year-over-year basis. During the same quarter last year, the business posted $2.38 EPS. Celanese has set its Q3 2025 guidance at 1.100-1.400 EPS. As a group, equities research analysts forecast that Celanese Corporation will post 8.79 earnings per share for the current year.

Celanese Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, August 11th. Investors of record on Tuesday, July 29th were issued a $0.03 dividend. 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 -0.81%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on CE shares. Barclays raised their price objective on Celanese from $59.00 to $62.00 and gave the company an "equal weight" rating in a research note on Wednesday, May 14th. Deutsche Bank Aktiengesellschaft set a $52.00 price objective on Celanese and gave the company a "buy" rating in a research note on Wednesday, August 13th. Robert W. Baird lowered their price objective on Celanese from $67.00 to $50.00 and set an "outperform" rating for the company in a research note on Wednesday, August 13th. Royal Bank Of Canada reduced their target price on Celanese from $63.00 to $45.00 and set a "sector perform" rating on the stock in a report on Thursday, August 14th. Finally, KeyCorp reduced their target price on Celanese from $77.00 to $70.00 and set an "overweight" rating on the stock in a report on Wednesday, August 13th. Six research 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. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $59.94.

Celanese 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.