Jump Financial LLC Raises Stock Holdings in Celanese Corporation $CE

Key Points

• Jump Financial LLC increased its stake in Celanese Corporation by 6,533.5% in the first quarter, owning 392,238 shares valued at $22.27 million.
• Celanese reported quarterly earnings of $1.44 EPS, surpassing analysts' expectations, while also announcing a $0.03 quarterly dividend with a yield of 0.2%.
• Analyst ratings for Celanese are mixed, with six analysts rating it as a Buy and ten as Hold, reflecting a consensus rating of "Hold" with an average target price of $59.94.

Jump Financial LLC raised its stake in shares of Celanese Corporation (NYSE:CE - Free Report) by 6,533.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 392,238 shares of the basic materials company's stock after buying an additional 386,325 shares during the quarter. Jump Financial LLC owned about 0.36% of Celanese worth $22,267,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of CE. Strengthening Families & Communities LLC grew its holdings in Celanese by 73.2% during the 1st 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 during the last quarter. Summit Securities Group LLC acquired a new stake in Celanese during the 1st quarter valued at $30,000. State of Wyoming grew its holdings 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 buying an additional 267 shares during the last quarter. Mather Group LLC. grew its holdings 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 buying an additional 348 shares during the last quarter. Finally, LRI Investments LLC grew its holdings 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 buying an additional 473 shares during the last quarter. Institutional investors and hedge funds own 98.87% of the company's stock.

Celanese Stock Up 0.3%

NYSE:CE traded up $0.15 during mid-day trading on Wednesday, hitting $47.24. The company had a trading volume of 1,507,267 shares, compared to its average volume of 2,805,644. The business has a fifty day simple moving average of $53.42 and a 200-day simple moving average of $52.46. The company has a current ratio of 2.05, a quick ratio of 1.22 and a debt-to-equity ratio of 2.22. Celanese Corporation has a 1 year low of $36.29 and a 1 year high of $142.54. The firm has a market capitalization of $5.17 billion, a price-to-earnings ratio of -3.19, a PEG ratio of 2.05 and a beta of 1.10.

Celanese (NYSE:CE - Get Free Report) last released its quarterly earnings data on Monday, August 11th. The basic materials company reported $1.44 EPS for the quarter, beating the consensus estimate of $1.38 by $0.06. Celanese had a positive return on equity of 10.48% and a negative net margin of 16.30%.The company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.50 billion. During the same period last year, the company posted $2.38 earnings per share. The firm's revenue was down 4.5% compared to the same quarter last year. Celanese has set its Q3 2025 guidance at 1.100-1.400 EPS. Equities analysts forecast that Celanese Corporation will post 8.79 earnings per share for the current fiscal 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 $0.03 dividend. The ex-dividend date of this dividend was Tuesday, July 29th. This represents a $0.12 annualized dividend and a yield of 0.3%. Celanese's dividend payout ratio (DPR) is -0.81%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on CE. Bank of America decreased their price objective on Celanese from $65.00 to $59.00 and set a "buy" rating on the stock in a report on Wednesday, August 13th. UBS Group decreased their price objective on Celanese from $66.00 to $49.00 and set a "neutral" rating on the stock in a report on Tuesday, August 12th. KeyCorp decreased their price objective on Celanese from $77.00 to $70.00 and set an "overweight" rating on the stock in a report on Wednesday, August 13th. Mizuho raised their price objective on Celanese from $50.00 to $59.00 and gave the stock a "neutral" rating in a report on Tuesday, July 15th. Finally, Alembic Global Advisors set a $60.00 price objective on Celanese in a report on Monday. 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. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $59.39.

About Celanese

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.