Quantbot Technologies LP Takes Position in Celanese Corporation $CE

Key Points

• Quantbot Technologies LP has acquired a new stake of 32,337 shares in Celanese Corporation, worth approximately $1,836,000, marking a significant entry into the basic materials sector.
• Celanese has reported earnings per share of $1.44 for the recent quarter, exceeding analyst expectations, while its revenue was down by 4.5% year-over-year.
• The company recently announced a quarterly dividend of $0.03 per share, signaling a yield of 0.3% for investors despite a negative net margin of 16.30%.

Quantbot Technologies LP acquired a new stake in shares of Celanese Corporation (NYSE:CE - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 32,337 shares of the basic materials company's stock, valued at approximately $1,836,000.

A number of other hedge funds have also recently made changes to their positions in CE. Focus Partners Wealth raised its position in Celanese by 3.9% in the fourth quarter. Focus Partners Wealth now owns 4,197 shares of the basic materials company's stock worth $291,000 after acquiring an additional 156 shares during the period. Strengthening Families & Communities LLC raised its position in Celanese by 73.2% in the first quarter. Strengthening Families & Communities LLC now owns 440 shares of the basic materials company's stock worth $25,000 after acquiring an additional 186 shares during the period. Tidal Investments LLC raised its position in Celanese by 6.8% in the fourth quarter. Tidal Investments LLC now owns 3,263 shares of the basic materials company's stock worth $226,000 after acquiring an additional 209 shares during the period. Nissay Asset Management Corp Japan ADV raised its position in Celanese by 1.8% in the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 13,442 shares of the basic materials company's stock worth $924,000 after acquiring an additional 242 shares during the period. Finally, Janus Henderson Group PLC raised its position in Celanese by 1.8% in the fourth quarter. Janus Henderson Group PLC now owns 14,024 shares of the basic materials company's stock worth $971,000 after acquiring an additional 251 shares during the period. 98.87% of the stock is currently owned by institutional investors and hedge funds.

Celanese Stock Performance

NYSE CE opened at $44.4470 on Friday. The company's 50 day moving average is $53.87 and its 200-day moving average is $53.04. The firm has a market cap of $4.86 billion, a P/E ratio of -3.00, a price-to-earnings-growth ratio of 1.96 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 quick ratio of 1.22, a current ratio of 2.05 and a debt-to-equity ratio of 2.22.

Celanese (NYSE:CE - Get Free Report) last posted its earnings results on Monday, August 11th. The basic materials company reported $1.44 earnings per share for the quarter, topping analysts' consensus estimates of $1.38 by $0.06. The business had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.50 billion. Celanese had a negative net margin of 16.30% and a positive return on equity of 10.48%. Celanese's revenue was down 4.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.38 EPS. Celanese has set its Q3 2025 guidance at 1.100-1.400 EPS. Sell-side analysts predict that Celanese Corporation will post 8.79 earnings per share for the current year.

Celanese Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 11th. Investors of record on Tuesday, July 29th were issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Tuesday, July 29th. Celanese's dividend payout ratio is -0.81%.

Wall Street Analysts Forecast Growth

Several analysts have commented on CE shares. Wall Street Zen raised shares of Celanese from a "sell" rating to a "hold" rating in a research report on Wednesday, May 14th. Barclays lifted their price objective on shares of Celanese from $59.00 to $62.00 and gave the stock an "equal weight" rating in a research report on Wednesday, May 14th. Wells Fargo & Company lowered their price target on shares of Celanese from $72.00 to $60.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 13th. Royal Bank Of Canada lowered their price target on shares of Celanese from $63.00 to $45.00 and set a "sector perform" rating on the stock in a research report on Thursday, August 14th. Finally, BMO Capital Markets lowered their price target on shares of Celanese from $55.00 to $47.00 and set a "market perform" rating on the stock in a research report on Thursday, August 14th. 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 stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price 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.

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