EVR Research LP Takes Position in Celanese Corporation $CE

EVR Research LP acquired a new stake in Celanese Corporation (NYSE:CE) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 137,000 shares of the basic materials company’s stock, valued at approximately $5,792,000. Celanese makes up approximately 3.1% of EVR Research LP’s portfolio, making the stock its 14th largest holding. EVR Research LP owned 0.13% of Celanese at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Geneos Wealth Management Inc. grew its holdings in shares of Celanese by 111.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 270 shares in the last quarter. National Bank of Canada FI bought a new position in shares of Celanese in the 3rd quarter valued at about $34,000. Hartford Financial Management Inc. grew its holdings in shares of Celanese by 350.5% in the 4th quarter. Hartford Financial Management Inc. now owns 901 shares of the basic materials company’s stock valued at $38,000 after acquiring an additional 701 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of Celanese by 100.0% in the 2nd quarter. Smartleaf Asset Management LLC now owns 662 shares of the basic materials company’s stock valued at $38,000 after acquiring an additional 331 shares in the last quarter. Finally, UMB Bank n.a. grew its holdings in shares of Celanese by 175.7% in the 4th quarter. UMB Bank n.a. now owns 896 shares of the basic materials company’s stock valued at $38,000 after acquiring an additional 571 shares in the last quarter. Institutional investors own 98.87% of the company’s stock.

Celanese Trading Down 1.3%

Shares of NYSE:CE opened at $51.24 on Thursday. Celanese Corporation has a 52-week low of $35.13 and a 52-week high of $70.70. The company has a market capitalization of $5.62 billion, a P/E ratio of -5.12, a price-to-earnings-growth ratio of 0.32 and a beta of 0.73. The company has a 50-day simple moving average of $58.51 and a 200 day simple moving average of $52.97. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.85 and a current ratio of 1.38.

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

Celanese Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, May 11th. Shareholders of record on Monday, April 27th were given a dividend of $0.03 per share. The ex-dividend date was Monday, April 27th. This represents a $0.12 annualized dividend and a yield of 0.2%. Celanese’s dividend payout ratio (DPR) is -1.20%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Mizuho raised their price objective on Celanese from $58.00 to $65.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Wells Fargo & Company raised their price objective on Celanese from $75.00 to $80.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Robert W. Baird raised their target price on shares of Celanese from $65.00 to $75.00 and gave the company an “outperform” rating in a research note on Friday, March 27th. Zacks Research upgraded shares of Celanese from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 21st. Finally, Tudor Pickering upgraded shares of Celanese from a “hold” rating to a “buy” rating in a research note on Monday, March 9th. Ten equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Celanese has a consensus rating of “Moderate Buy” and an average price target of $67.81.

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.