Commerce Bank bought a new position in shares of Celanese Corporation (NYSE:CE – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 19,206 shares of the basic materials company’s stock, valued at approximately $883,000.
Several other institutional investors also recently bought and sold shares of the stock. Capital Research Global Investors increased its holdings in shares of Celanese by 24.0% during the 4th quarter. Capital Research Global Investors now owns 5,565,556 shares of the basic materials company’s stock valued at $235,312,000 after purchasing an additional 1,076,645 shares in the last quarter. Hsbc Holdings PLC increased its stake in shares of Celanese by 208.3% during the fourth quarter. Hsbc Holdings PLC now owns 105,435 shares of the basic materials company’s stock worth $4,460,000 after purchasing an additional 71,238 shares in the last quarter. Tejara Capital Ltd acquired a new position in shares of Celanese during the second quarter valued at approximately $2,916,000. Integrated Advisors Network LLC acquired a new position in Celanese in the 1st quarter valued at $3,321,000. Finally, Norges Bank acquired a new stake in shares of Celanese in the fourth quarter valued at about $20,047,000. 98.87% of the stock is currently owned by hedge funds and other institutional investors.
Insider Transactions at Celanese
In other Celanese news, SVP Mark Christopher Murray purchased 2,153 shares of Celanese stock in a transaction dated Tuesday, August 11th. The shares were acquired at an average price of $45.52 per share, with a total value of $98,004.56. Following the completion of the transaction, the senior vice president owned 30,432 shares of the company’s stock, valued at $1,385,264.64. This trade represents a 7.61% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.34% of the stock is owned by company insiders.
Key Celanese News
- Positive Sentiment: Zacks raised its Q3 2026 EPS estimate to $1.59 from $1.48 and increased its full-year 2026 forecast to $6.00 from $5.64. The revised annual estimate is also above the broader consensus of $5.94.
- Positive Sentiment: The firm lifted its Q3 2027 EPS forecast to $0.61 from $0.58, indicating some expectation for improvement in that quarter.
- Neutral Sentiment: The revisions are uneven rather than uniformly bullish: stronger Q3 2026 and full-year 2026 expectations are offset by lower forecasts for several subsequent quarters and years. Zacks currently projects FY2027 EPS of $5.59 and FY2028 EPS of $7.30.
- Negative Sentiment: Zacks cut its Q4 2026 EPS estimate to $1.12 from $1.20 and reduced its Q1 2027 forecast to $1.14 from $1.33.
- Negative Sentiment: The firm also lowered Q2 2027 EPS to $2.09 from $2.22, FY2027 EPS to $5.59 from $5.93, and FY2028 EPS to $7.30 from $7.70. These reductions may weigh on investor sentiment because they point to softer medium-term earnings power.
Analysts Set New Price Targets
Several brokerages recently issued reports on CE. Bank of America dropped their price objective on shares of Celanese from $72.00 to $63.00 and set a “buy” rating for the company in a research note on Tuesday, June 30th. BMO Capital Markets decreased their target price on shares of Celanese from $57.00 to $54.00 and set a “market perform” rating on the stock in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft set a $50.00 target price on Celanese in a report on Thursday, August 6th. Wells Fargo & Company cut their price target on Celanese from $80.00 to $65.00 and set an “overweight” rating for the company in a report on Thursday, August 6th. Finally, Citigroup cut their price target on Celanese from $80.00 to $68.00 and set a “buy” rating for the company in a report on Wednesday, June 24th. Nine analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $63.71.
Get Our Latest Research Report on CE
Celanese Trading Up 0.4%
CE opened at $44.70 on Thursday. Celanese Corporation has a 52 week low of $35.13 and a 52 week high of $70.70. 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 business has a fifty day simple moving average of $46.25 and a 200-day simple moving average of $53.71. The firm has a market cap of $4.91 billion, a P/E ratio of -4.18, a P/E/G ratio of 0.29 and a beta of 0.76.
Celanese (NYSE:CE – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $2.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.23 by $0.22. Celanese had a positive return on equity of 13.04% and a negative net margin of 12.04%.The firm had revenue of $2.75 billion for the quarter, compared to the consensus estimate of $2.75 billion. During the same quarter in the previous year, the business earned $1.44 EPS. The company’s quarterly revenue was up 8.7% compared to the same quarter last year. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. On average, equities analysts expect that Celanese Corporation will post 5.99 earnings per share for the current year.
Celanese Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Tuesday, July 28th were paid a dividend of $0.03 per share. The ex-dividend date was Tuesday, July 28th. This represents a $0.12 dividend on an annualized basis and a yield of 0.3%. Celanese’s dividend payout ratio is -1.12%.
Celanese Company 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.
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