Fjarde AP Fonden Fourth Swedish National Pension Fund Has $397,000 Stock Holdings in Celanese Corporation $CE

Key Points

• The Fjarde AP Fonden Fourth Swedish National Pension Fund reduced its stake in Celanese Corporation by 49.6%, owning 7,000 shares worth approximately $397,000 after selling 6,900 shares in the first quarter.
• Celanese reported $1.44 earnings per share for the last quarter, exceeding expectations, while its revenue was down 4.5% year-over-year, totaling $2.53 billion.
• Several analysts have recently adjusted their price targets for Celanese, with Barclays raising it to $62.00 and Royal Bank of Canada lowering it to $45.00, indicating varied outlooks on the company's performance.

Fjarde AP Fonden Fourth Swedish National Pension Fund lowered its holdings in Celanese Corporation (NYSE:CE - Free Report) by 49.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,000 shares of the basic materials company's stock after selling 6,900 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in Celanese were worth $397,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Raymond James Financial Inc. bought a new stake in Celanese during the 4th quarter worth about $7,168,000. Townsquare Capital LLC lifted its position in Celanese by 102.4% during the 4th quarter. Townsquare Capital LLC now owns 6,461 shares of the basic materials company's stock worth $447,000 after buying an additional 3,269 shares in the last quarter. Barclays PLC lifted its position in Celanese by 25.1% during the 4th quarter. Barclays PLC now owns 352,412 shares of the basic materials company's stock worth $24,391,000 after buying an additional 70,703 shares in the last quarter. Jump Financial LLC bought a new stake in Celanese during the 4th quarter worth about $409,000. Finally, United Capital Financial Advisors LLC lifted its position in Celanese by 2.9% during the 4th quarter. United Capital Financial Advisors LLC now owns 6,167 shares of the basic materials company's stock worth $427,000 after buying an additional 172 shares in the last quarter. 98.87% of the stock is owned by institutional investors.

Celanese Stock Performance

Shares of Celanese stock traded up $3.7580 during trading on Friday, reaching $48.4380. The company's stock had a trading volume of 2,787,210 shares, compared to its average volume of 2,759,174. The company has a quick ratio of 1.22, a current ratio of 2.05 and a debt-to-equity ratio of 2.22. The business's 50-day moving average price is $53.75 and its 200-day moving average price is $52.76. Celanese Corporation has a 52 week low of $36.29 and a 52 week high of $142.54. The firm has a market cap of $5.30 billion, a PE ratio of -3.27, a P/E/G ratio of 2.10 and a beta of 1.10.

Celanese (NYSE:CE - Get Free Report) last announced its earnings results on Monday, August 11th. The basic materials company reported $1.44 EPS for the quarter, topping the consensus estimate of $1.38 by $0.06. The company had revenue of $2.53 billion for the quarter, compared to analysts' expectations 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 for the quarter was down 4.5% on a year-over-year basis. During the same period last year, the firm earned $2.38 earnings per share. 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 year.

Celanese Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 11th. Investors 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 yield of 0.2%. Celanese's dividend payout ratio is currently -0.81%.

Analysts Set New Price Targets

Several brokerages have commented on CE. JPMorgan Chase & Co. cut their price target on shares of Celanese from $47.00 to $40.00 and set a "neutral" rating on the stock in a research report on Thursday, August 14th. Mizuho boosted their price target on Celanese from $50.00 to $59.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 15th. Bank of America dropped their price objective on Celanese from $65.00 to $59.00 and set a "buy" rating on the stock in a research note on Wednesday, August 13th. Robert W. Baird reduced their target price on Celanese from $67.00 to $50.00 and set an "outperform" rating for the company in a research note on Wednesday, August 13th. Finally, BMO Capital Markets dropped their price target on Celanese from $55.00 to $47.00 and set a "market perform" rating on the stock in a research note on Thursday, August 14th. Six investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price 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.