Celanese Corporation $CE Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its holdings in Celanese Corporation (NYSE:CE) by 12.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 259,196 shares of the basic materials company’s stock after purchasing an additional 29,392 shares during the period. JPMorgan Chase & Co. owned about 0.24% of Celanese worth $10,907,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. State of New Jersey Common Pension Fund D increased its stake in shares of Celanese by 25.3% in the third quarter. State of New Jersey Common Pension Fund D now owns 47,607 shares of the basic materials company’s stock worth $2,003,000 after buying an additional 9,610 shares during the last quarter. Public Sector Pension Investment Board grew its holdings in Celanese by 14.5% during the 3rd quarter. Public Sector Pension Investment Board now owns 427,147 shares of the basic materials company’s stock worth $17,974,000 after acquiring an additional 54,144 shares in the last quarter. Cibc World Market Inc. increased its position in shares of Celanese by 23.2% in the 3rd quarter. Cibc World Market Inc. now owns 498,570 shares of the basic materials company’s stock worth $20,980,000 after purchasing an additional 93,857 shares during the last quarter. Caprock Group LLC bought a new stake in shares of Celanese in the 3rd quarter worth about $334,000. Finally, ING Groep NV raised its stake in shares of Celanese by 602.2% in the 3rd quarter. ING Groep NV now owns 286,500 shares of the basic materials company’s stock valued at $12,056,000 after purchasing an additional 245,700 shares in the last quarter. 98.87% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Celanese

In other news, CFO Chuck Kyrish purchased 5,000 shares of the company’s stock in a transaction on Tuesday, December 9th. The shares were bought at an average price of $41.03 per share, for a total transaction of $205,150.00. Following the completion of the purchase, the chief financial officer owned 10,914 shares of the company’s stock, valued at $447,801.42. This trade represents a 84.55% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.33% of the company’s stock.

Celanese Price Performance

Shares of CE opened at $52.56 on Friday. Celanese Corporation has a 12 month low of $35.13 and a 12 month high of $63.55. The company has a debt-to-equity ratio of 2.55, a current ratio of 1.55 and a quick ratio of 0.94. The stock has a fifty day moving average price of $49.11 and a 200 day moving average price of $44.58. The company has a market cap of $5.76 billion, a P/E ratio of -4.96, a PEG ratio of 0.37 and a beta of 1.07.

Celanese (NYSE:CE) last announced its quarterly earnings results on Tuesday, February 17th. The basic materials company reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by ($0.22). The firm had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.25 billion. Celanese had a negative net margin of 12.15% and a positive return on equity of 8.75%. The business’s revenue was down 6.5% compared to the same quarter last year. During the same period last year, the firm posted $1.45 EPS. Celanese has set its Q1 2026 guidance at 0.700-0.850 EPS. On average, research analysts forecast that Celanese Corporation will post 8.79 earnings per share for the current year.

Celanese Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 24th will be given a $0.03 dividend. The ex-dividend date is Tuesday, February 24th. This represents a $0.12 annualized dividend and a yield of 0.2%. Celanese’s dividend payout ratio is -1.13%.

Analysts Set New Price Targets

A number of equities analysts recently commented on CE shares. Mizuho lifted their price target on Celanese from $45.00 to $55.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 18th. Morgan Stanley began coverage on Celanese in a research report on Tuesday, January 20th. They issued an “equal weight” rating and a $50.00 target price for the company. Robert W. Baird set a $65.00 price target on Celanese in a research report on Thursday, February 19th. Zacks Research cut Celanese from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 20th. Finally, Royal Bank Of Canada boosted their target price on shares of Celanese from $48.00 to $55.00 and gave the company a “sector perform” rating in a research note on Monday, February 23rd. Seven analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $59.35.

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.