Quantbot Technologies LP Invests $1.84 Million 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 bought a new position in Celanese Corporation (NYSE:CE - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 32,337 shares of the basic materials company's stock, valued at approximately $1,836,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Strengthening Families & Communities LLC increased its stake in shares of 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 purchasing an additional 186 shares in the last quarter. Summit Securities Group LLC bought a new position in Celanese during the first quarter valued at $30,000. State of Wyoming lifted its position in Celanese by 122.5% during the fourth quarter. State of Wyoming now owns 485 shares of the basic materials company's stock valued at $34,000 after purchasing an additional 267 shares during the last quarter. Mather Group LLC. lifted its holdings in shares of Celanese by 127.0% in the 1st quarter. Mather Group LLC. now owns 622 shares of the basic materials company's stock worth $35,000 after acquiring an additional 348 shares during the last quarter. Finally, LRI Investments LLC lifted its holdings in shares of Celanese by 739.1% in the 4th quarter. LRI Investments LLC now owns 537 shares of the basic materials company's stock worth $37,000 after acquiring an additional 473 shares during the last quarter. Institutional investors own 98.87% of the company's stock.

Celanese Stock Down 0.3%

NYSE:CE traded down $0.13 during mid-day trading on Wednesday, hitting $46.97. The stock had a trading volume of 219,748 shares, compared to its average volume of 2,797,461. 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 twelve month low of $36.29 and a twelve month high of $142.54. The stock has a 50-day simple moving average of $53.42 and a two-hundred day simple moving average of $52.46. The company has a market capitalization of $5.14 billion, a PE ratio of -3.16, 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 earnings per share for the quarter, topping analysts' consensus estimates of $1.38 by $0.06. Celanese had a negative net margin of 16.30% and a positive return on equity of 10.48%. The company had revenue of $2.53 billion for the quarter, compared to analysts' expectations of $2.50 billion. During the same quarter last year, the company earned $2.38 earnings per share. The firm's revenue for the quarter was down 4.5% on a year-over-year basis. Celanese has set its Q3 2025 guidance at 1.100-1.400 EPS. On average, equities research analysts anticipate that Celanese Corporation will post 8.79 EPS for the current year.

Celanese Announces Dividend

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

Wall Street Analyst Weigh In

A number of research analysts have commented on CE shares. Citigroup raised their target price on shares of Celanese from $52.00 to $65.00 and gave the company a "neutral" rating in a research report on Thursday, July 10th. Barclays boosted their target price 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 decreased their target price on shares of Celanese from $72.00 to $60.00 and set an "overweight" rating for the company in a research note on Wednesday, August 13th. KeyCorp decreased their target price on shares of Celanese from $77.00 to $70.00 and set an "overweight" rating for the company in a research note on Wednesday, August 13th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Celanese from $47.00 to $40.00 and set a "neutral" rating for the company in a research report 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 stock. According to data from MarketBeat, the stock currently has an average 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.