Jupiter Topco LLC Purchases New Position in Celanese Corporation $CE

Key Points

• Jupiter Topco LLC acquired 49,309 Celanese shares worth approximately $2.27 million in the second quarter. Institutional investors own 98.87% of the company, with BlackRock also establishing a major new $614.7 million stake.
• Celanese reported quarterly EPS of $2.45, beating estimates of $2.23, while revenue rose 8.7% year over year to $2.75 billion. The company issued third-quarter 2026 EPS guidance of $1.35–$1.75.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $63.71 after several firms reduced their targets. The stock opened at $45.25, well below its 52-week high of $70.70.

Jupiter Topco LLC acquired a new position in Celanese Corporation (NYSE:CE - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 49,309 shares of the basic materials company's stock, valued at approximately $2,266,000.

Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of Celanese in the 2nd quarter worth $614,675,000. Capital Research Global Investors increased its stake in shares of Celanese by 24.0% during the fourth quarter. Capital Research Global Investors now owns 5,565,556 shares of the basic materials company's stock valued at $235,312,000 after buying an additional 1,076,645 shares during the period. Turtle Creek Asset Management Inc. raised its holdings in shares of Celanese by 21.0% in the third quarter. Turtle Creek Asset Management Inc. now owns 5,115,365 shares of the basic materials company's stock valued at $215,255,000 after acquiring an additional 887,600 shares in the last quarter. Fuller & Thaler Asset Management Inc. raised its holdings in shares of Celanese by 15.8% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 4,094,781 shares of the basic materials company's stock valued at $173,127,000 after acquiring an additional 558,391 shares in the last quarter. Finally, State Street Corp lifted its stake in Celanese by 2.1% in the fourth quarter. State Street Corp now owns 3,949,230 shares of the basic materials company's stock worth $166,973,000 after acquiring an additional 80,242 shares during the period. 98.87% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, SVP Mark Murray bought 2,153 shares of the stock in a transaction on Tuesday, August 11th. The stock was bought at an average cost of $45.52 per share, for a total transaction of $98,004.56. Following the completion of the purchase, the senior vice president directly owned 30,432 shares in the company, valued at approximately $1,385,264.64. The trade was a 7.61% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.34% of the stock is owned by insiders.

Celanese Price Performance

CE opened at $45.25 on Friday. The business's 50-day moving average is $45.73 and its two-hundred day moving average is $53.18. Celanese Corporation has a 1 year low of $35.13 and a 1 year high of $70.70. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.45 and a quick ratio of 0.87. The firm has a market capitalization of $4.97 billion, a PE ratio of -4.23, a price-to-earnings-growth ratio of 0.30 and a beta of 0.76.

Celanese (NYSE:CE - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $2.45 EPS for the quarter, beating the consensus estimate of $2.23 by $0.22. Celanese had a negative net margin of 12.04% and a positive return on equity of 13.04%. The business had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.75 billion. During the same period in the prior year, the firm posted $1.44 earnings per share. The company's quarterly revenue was up 8.7% on a year-over-year basis. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. Research analysts anticipate that Celanese Corporation will post 5.99 earnings per share for the current fiscal year.

Celanese Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Tuesday, July 28th were given a dividend of $0.03 per share. The ex-dividend date of this dividend was Tuesday, July 28th. This represents a $0.12 dividend on an annualized basis and a yield of 0.3%. Celanese's dividend payout ratio is presently -1.12%.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Wells Fargo & Company dropped their target price on shares of Celanese from $80.00 to $65.00 and set an "overweight" rating on the stock in a report on Thursday, August 6th. Morgan Stanley lowered their price target on shares of Celanese from $72.00 to $58.00 and set an "equal weight" rating for the company in a research report on Thursday, July 16th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Celanese in a research note on Friday, August 21st. BMO Capital Markets cut their price objective on shares of Celanese from $57.00 to $54.00 and set a "market perform" rating on the stock in a report on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft set a $50.00 price objective on shares of Celanese in a research note on Thursday, August 6th. Nine analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $63.71.

Celanese Company Profile

Celanese Corporation is a global chemical and specialty materials company that develops, manufactures and markets a broad portfolio of products serving diverse industries. The company operates through two primary business segments—Engineered Materials and Acetyl Chain—offering solutions that range from high-performance polymers and specialty additives to industrial chemicals and intermediates. Its engineered materials are used in applications such as automotive components, consumer electronics, medical devices and packaging, while its acetyl derivatives find uses in coatings, adhesives, solvents and personal care products.

In the Engineered Materials segment, Celanese produces a variety of high-performance thermoplastics, polyether-block-amide (PEBA) elastomers and functional additives designed to enhance product durability, thermal resistance and sustainability.

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