Celanese Corporation $CE Shares Sold by Wellington Management Group LLP

Key Points

• Wellington Management Group LLP reduced its stake in Celanese Corporation by 18.3%, holding approximately 1.03% of the company after selling 253,748 shares in the first quarter.
• Celanese reported quarterly earnings of $1.44 per share, exceeding analysts' expectations and setting Q3 2025 guidance at 1.100-1.400 EPS.
• The stock currently has a consensus rating of "Hold" with an average target price of $59.94, as various brokerages adjust their ratings and price objectives.

Wellington Management Group LLP reduced its position in shares of Celanese Corporation (NYSE:CE - Free Report) by 18.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,129,360 shares of the basic materials company's stock after selling 253,748 shares during the period. Wellington Management Group LLP owned about 1.03% of Celanese worth $64,114,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in CE. Jump Financial LLC bought a new stake in shares of Celanese in the fourth quarter worth $409,000. First Trust Advisors LP increased its stake in shares of Celanese by 12.7% in the fourth quarter. First Trust Advisors LP now owns 273,767 shares of the basic materials company's stock worth $18,947,000 after buying an additional 30,952 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Celanese by 20.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,599,615 shares of the basic materials company's stock worth $110,704,000 after buying an additional 275,488 shares during the last quarter. MetLife Investment Management LLC increased its stake in shares of Celanese by 1.6% in the fourth quarter. MetLife Investment Management LLC now owns 30,149 shares of the basic materials company's stock worth $2,087,000 after buying an additional 479 shares during the last quarter. Finally, TD Waterhouse Canada Inc. increased its stake in shares of Celanese by 6,593.3% in the fourth quarter. TD Waterhouse Canada Inc. now owns 20,080 shares of the basic materials company's stock worth $1,390,000 after buying an additional 19,780 shares during the last quarter. 98.87% of the stock is owned by institutional investors and hedge funds.

Celanese Price Performance

CE stock traded down $0.58 during trading on Thursday, hitting $46.58. The company had a trading volume of 198,455 shares, compared to its average volume of 2,790,384. The firm has a market capitalization of $5.10 billion, a price-to-earnings ratio of -3.13, a P/E/G ratio of 2.04 and a beta of 1.10. The business has a 50 day moving average of $53.28 and a 200 day moving average of $52.43. Celanese Corporation has a fifty-two week low of $36.29 and a fifty-two week high of $142.54. 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 (NYSE:CE - Get Free Report) last posted its quarterly earnings data on Monday, August 11th. The basic materials company reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.06. The business had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.50 billion. Celanese had a negative net margin of 16.30% and a positive return on equity of 10.48%. The company's quarterly revenue was down 4.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.38 earnings per share. Celanese has set its Q3 2025 guidance at 1.100-1.400 EPS. As a group, research analysts predict that Celanese Corporation will post 8.79 earnings per share for the current year.

Celanese Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, August 11th. Shareholders of record on Tuesday, July 29th were issued a $0.03 dividend. 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 presently -0.81%.

Analyst Ratings Changes

Several research firms have weighed in on CE. Robert W. Baird lowered their target price on shares of Celanese from $67.00 to $50.00 and set an "outperform" rating for the company in a research note on Wednesday, August 13th. KeyCorp lowered 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. Royal Bank Of Canada lowered their target price on shares of Celanese from $63.00 to $45.00 and set a "sector perform" rating for the company in a research note on Thursday, August 14th. Alembic Global Advisors set a $60.00 target price on shares of Celanese in a research note on Monday. Finally, UBS Group lowered their target price on shares of Celanese from $66.00 to $49.00 and set a "neutral" rating for the company in a research note on Tuesday, August 12th. Six equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $59.39.

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.