Celanese Corporation $CE Shares Purchased by Graham Capital Management L.P.

Key Points

• Graham Capital Management L.P. has raised its position in Celanese Corporation by 30.4%, acquiring an additional 8,835 shares, bringing its total holdings to 37,911 shares valued at approximately $2.15 million.
• Celanese reported earnings per share of $1.44 for the last quarter, exceeding analyst expectations, despite a 4.5% decline in revenue compared to the same quarter the previous year.
• Institutional investors own 98.87% of Celanese's stock, with significant increases in holdings from firms like Dodge & Cox and Federated Hermes during the first quarter.

Graham Capital Management L.P. raised its holdings in Celanese Corporation (NYSE:CE - Free Report) by 30.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 37,911 shares of the basic materials company's stock after purchasing an additional 8,835 shares during the quarter. Graham Capital Management L.P.'s holdings in Celanese were worth $2,152,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Dodge & Cox boosted its holdings in shares of Celanese by 13.0% in the first quarter. Dodge & Cox now owns 15,391,416 shares of the basic materials company's stock valued at $873,771,000 after acquiring an additional 1,773,354 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of Celanese by 134.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 3,566,226 shares of the basic materials company's stock valued at $202,455,000 after acquiring an additional 2,044,662 shares in the last quarter. Turtle Creek Asset Management Inc. boosted its holdings in shares of Celanese by 266.7% in the fourth quarter. Turtle Creek Asset Management Inc. now owns 3,506,440 shares of the basic materials company's stock valued at $242,681,000 after acquiring an additional 2,550,334 shares in the last quarter. Fuller & Thaler Asset Management Inc. boosted its holdings in shares of Celanese by 35.0% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 3,164,150 shares of the basic materials company's stock valued at $179,629,000 after acquiring an additional 819,489 shares in the last quarter. Finally, Federated Hermes Inc. boosted its holdings in shares of Celanese by 9,132.0% in the first quarter. Federated Hermes Inc. now owns 1,801,349 shares of the basic materials company's stock valued at $102,263,000 after acquiring an additional 1,781,837 shares in the last quarter. 98.87% of the stock is currently owned by institutional investors and hedge funds.

Celanese Price Performance

Shares of NYSE CE traded up $2.25 on Friday, hitting $48.68. The company's stock had a trading volume of 2,222,947 shares, compared to its average volume of 2,665,682. Celanese Corporation has a 12-month low of $36.29 and a 12-month high of $142.54. The company has a market capitalization of $5.33 billion, a price-to-earnings ratio of -3.28, a price-to-earnings-growth ratio of 2.10 and a beta of 1.11. 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 stock has a 50 day moving average of $52.08 and a 200-day moving average of $51.44.

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, beating the consensus estimate of $1.38 by $0.06. The company 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 revenue for the quarter was down 4.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.38 earnings per share. Celanese has set its Q3 2025 guidance at 1.100-1.400 EPS. As a group, research analysts predict that Celanese Corporation will post 8.79 EPS for the current year.

Celanese Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 11th. Stockholders of record on Tuesday, July 29th were given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Tuesday, July 29th. Celanese's payout ratio is currently -0.81%.

Analyst Upgrades and Downgrades

CE has been the topic of a number of research analyst reports. Robert W. Baird decreased their price objective on shares of Celanese from $67.00 to $50.00 and set an "outperform" rating on the stock in a report on Wednesday, August 13th. Bank of America decreased their price objective on shares of Celanese from $65.00 to $59.00 and set a "buy" rating on the stock in a report on Wednesday, August 13th. Royal Bank Of Canada decreased their price objective on shares of Celanese from $63.00 to $45.00 and set a "sector perform" rating on the stock in a report 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 report on Tuesday, July 15th. Finally, UBS Group decreased their price objective on shares of Celanese from $66.00 to $49.00 and set a "neutral" rating on the stock in a report on Tuesday, August 12th. Six analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $59.39.

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.