Capital World Investors Has $54.32 Million Stock Holdings in Celanese Corporation $CE

Capital World Investors cut its holdings in Celanese Corporation (NYSE:CE) by 2.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,284,869 shares of the basic materials company’s stock after selling 29,189 shares during the quarter. Capital World Investors’ holdings in Celanese were worth $54,324,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in Celanese by 0.8% in 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 lifted its stake in Celanese by 24.0% in 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. lifted its stake in 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 during the last quarter. State Street Corp lifted its stake in Celanese by 3.2% in the second quarter. State Street Corp now owns 3,828,747 shares of the basic materials company’s stock valued at $211,845,000 after acquiring an additional 120,208 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in Celanese by 17.7% in the fourth quarter. Geode Capital Management LLC now owns 1,909,529 shares of the basic materials company’s stock valued at $80,760,000 after acquiring an additional 287,264 shares during the last quarter. 98.87% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CE has been the subject of a number of analyst reports. Evercore set a $63.00 target price on shares of Celanese in a research note on Wednesday, February 18th. Tudor Pickering upgraded shares of Celanese from a “hold” rating to a “buy” rating in a research note on Monday, March 9th. UBS Group boosted their price objective on shares of Celanese from $58.00 to $64.00 and gave the stock a “neutral” rating in a research note on Thursday, April 9th. Weiss Ratings restated a “sell (d-)” rating on shares of Celanese in a research note on Tuesday, May 26th. Finally, Vertical Research upgraded shares of Celanese from a “hold” rating to a “buy” rating and set a $60.00 price objective for the company in a research note on Monday, March 9th. Ten analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $67.81.

Celanese Trading Up 4.0%

Shares of CE stock opened at $51.07 on Wednesday. Celanese Corporation has a 1 year low of $35.13 and a 1 year high of $70.70. The firm’s fifty day simple moving average is $59.98 and its 200 day simple moving average is $52.41. The firm has a market capitalization of $5.60 billion, a P/E ratio of -5.10, a price-to-earnings-growth ratio of 0.30 and a beta of 0.73. The company has a current ratio of 1.38, a quick ratio of 0.85 and a debt-to-equity ratio of 2.41.

Celanese (NYSE:CE) last announced its earnings results on Tuesday, May 5th. The basic materials company reported $0.85 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.03). Celanese had a positive return on equity of 9.92% and a negative net margin of 11.54%.The company had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.34 billion. During the same period last year, the firm posted $0.57 EPS. The company’s revenue was down 2.2% compared to the same quarter last year. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. As a group, sell-side analysts predict that Celanese Corporation will post 5.8 EPS for the current year.

Celanese Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, May 11th. Shareholders of record on Monday, April 27th were issued a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Monday, April 27th. Celanese’s payout ratio is -1.20%.

Celanese 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.