Robinhood Asset Management LLC Takes $6.58 Million Position in Celanese Corporation $CE

Key Points

• Robinhood Asset Management bought 143,073 Celanese shares worth approximately $6.58 million in the second quarter, while institutional investors collectively own 98.87% of the company.
• Celanese reported quarterly EPS of $2.45, beating estimates of $2.23, on revenue of $2.75 billion, up 8.7% year over year. The company guided for third-quarter 2026 EPS of $1.35 to $1.75.
• CE shares opened at $46.86, well below the analyst consensus target of $63.47; analysts collectively rate the stock “Hold.” Celanese also pays a quarterly dividend of $0.03 per share, yielding about 0.3%.

Robinhood Asset Management LLC bought a new position in Celanese Corporation (NYSE:CE - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 143,073 shares of the basic materials company's stock, valued at approximately $6,581,000. Robinhood Asset Management LLC owned about 0.13% of Celanese as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in Celanese during the 2nd quarter valued at $614,675,000. Vanguard Group Inc. raised its stake in shares of Celanese by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 11,840,341 shares of the basic materials company's stock valued at $500,610,000 after acquiring an additional 90,428 shares during the last quarter. Capital Research Global Investors raised 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 acquiring an additional 1,076,645 shares during the last quarter. Turtle Creek Asset Management Inc. boosted its holdings in shares of Celanese by 21.0% during the third quarter. Turtle Creek Asset Management Inc. now owns 5,115,365 shares of the basic materials company's stock worth $215,255,000 after purchasing an additional 887,600 shares during the period. Finally, Fuller & Thaler Asset Management Inc. boosted its holdings in shares of Celanese by 15.8% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 4,094,781 shares of the basic materials company's stock worth $173,127,000 after purchasing an additional 558,391 shares during the period. 98.87% of the stock is owned by hedge funds and other institutional investors.

Celanese Price Performance

Shares of CE stock opened at $46.86 on Friday. The business's fifty day moving average is $46.70 and its 200 day moving average is $53.79. The company has a quick ratio of 0.87, a current ratio of 1.45 and a debt-to-equity ratio of 2.33. The stock has a market cap of $5.14 billion, a price-to-earnings ratio of -4.38, a PEG ratio of 0.31 and a beta of 0.76. Celanese Corporation has a twelve month low of $35.13 and a twelve month high of $70.70.

Celanese (NYSE:CE - Get Free Report) last announced its earnings results on Tuesday, August 4th. The basic materials company reported $2.45 EPS for the quarter, beating analysts' consensus estimates of $2.23 by $0.22. The firm had revenue of $2.75 billion for the quarter, compared to analysts' expectations of $2.75 billion. Celanese had a negative net margin of 12.04% and a positive return on equity of 13.04%. The company's quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.44 EPS. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. Research analysts expect that Celanese Corporation will post 5.94 EPS for the current fiscal year.

Celanese Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Weiss Ratings restated a "sell (d-)" rating on shares of Celanese in a report on Tuesday, May 26th. Mizuho set a $50.00 price objective on Celanese in a report on Wednesday, August 5th. Wall Street Zen cut Celanese from a "buy" rating to a "hold" rating in a research note on Saturday, June 20th. Deutsche Bank Aktiengesellschaft set a $50.00 target price on Celanese in a report on Thursday, August 6th. Finally, Wells Fargo & Company reduced their price objective on shares of Celanese from $80.00 to $65.00 and set an "overweight" rating on the stock in a research report on Thursday, August 6th. Nine equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $63.47.

Insiders Place Their Bets

In other Celanese news, SVP Mark Christopher Murray acquired 2,153 shares of the business's stock in a transaction on Tuesday, August 11th. The shares were acquired at an average price of $45.52 per share, for a total transaction of $98,004.56. Following the completion of the acquisition, the senior vice president owned 30,432 shares in the company, valued at $1,385,264.64. This trade represents a 7.61% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.34% of the company's stock.

About Celanese

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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