Hsbc Holdings PLC Has $4.46 Million Stock Holdings in Celanese Corporation $CE

Hsbc Holdings PLC grew its stake in shares of Celanese Corporation (NYSE:CE) by 208.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 105,435 shares of the basic materials company’s stock after acquiring an additional 71,238 shares during the quarter. Hsbc Holdings PLC’s holdings in Celanese were worth $4,460,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Invesco Ltd. lifted its position in Celanese by 1.2% during the fourth quarter. Invesco Ltd. now owns 540,452 shares of the basic materials company’s stock worth $22,850,000 after purchasing an additional 6,390 shares during the period. Corient Private Wealth LLC increased its holdings in Celanese by 154.3% in the 4th quarter. Corient Private Wealth LLC now owns 31,793 shares of the basic materials company’s stock valued at $1,344,000 after buying an additional 19,289 shares during the period. Alberta Investment Management Corp acquired a new position in shares of Celanese in the 4th quarter valued at approximately $1,501,000. State of Tennessee Department of Treasury lifted its holdings in shares of Celanese by 0.7% during the 4th quarter. State of Tennessee Department of Treasury now owns 42,083 shares of the basic materials company’s stock worth $1,870,000 after acquiring an additional 313 shares during the period. Finally, Fuller & Thaler Asset Management Inc. lifted its holdings in shares of Celanese by 15.8% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 4,094,781 shares of the basic materials company’s stock worth $173,127,000 after acquiring an additional 558,391 shares during the period. 98.87% of the stock is owned by institutional investors and hedge funds.

Celanese Trading Up 0.5%

NYSE CE opened at $49.15 on Friday. The business’s 50-day moving average price is $56.42 and its two-hundred day moving average price is $53.29. Celanese Corporation has a 12 month low of $35.13 and a 12 month high of $70.70. The firm has a market capitalization of $5.39 billion, a PE ratio of -4.91, 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 posted its quarterly earnings data on Tuesday, May 5th. The basic materials company reported $0.85 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 during the quarter, compared to analyst estimates of $2.34 billion. During the same period in the prior year, the firm earned $0.57 earnings per share. Celanese’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. On average, analysts expect that Celanese Corporation will post 5.8 EPS for the current year.

Celanese Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on CE shares. Vertical Research raised shares of Celanese from a “hold” rating to a “buy” rating and set a $60.00 price objective on the stock in a research note on Monday, March 9th. UBS Group upped their target price on Celanese from $58.00 to $64.00 and gave the stock a “neutral” rating in a research note on Thursday, April 9th. Bank of America raised their target price on Celanese from $70.00 to $75.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Zacks Research upgraded Celanese from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 21st. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Celanese in a report on Tuesday, May 26th. Ten investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Celanese presently has a consensus rating of “Moderate Buy” and an average target price of $67.06.

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.