Corient Private Wealth LLC Acquires 19,289 Shares of Celanese Corporation $CE

Corient Private Wealth LLC increased its stake in shares of Celanese Corporation (NYSE:CE) by 154.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 31,793 shares of the basic materials company’s stock after buying an additional 19,289 shares during the period. Corient Private Wealth LLC’s holdings in Celanese were worth $1,344,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of Celanese by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 11,840,341 shares of the basic materials company’s stock worth $500,610,000 after acquiring an additional 90,428 shares during the last quarter. Capital Research Global Investors increased its holdings in shares of 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 purchasing an additional 1,076,645 shares in the last quarter. Turtle Creek Asset Management Inc. raised its position in Celanese by 21.0% in the 3rd quarter. Turtle Creek Asset Management Inc. now owns 5,115,365 shares of the basic materials company’s stock worth $215,255,000 after purchasing an additional 887,600 shares during the last quarter. Fuller & Thaler Asset Management Inc. raised its position in Celanese by 15.8% in 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 purchasing an additional 558,391 shares during the last quarter. Finally, State Street Corp lifted its holdings in Celanese by 2.1% during the 4th quarter. State Street Corp now owns 3,949,230 shares of the basic materials company’s stock worth $166,973,000 after buying an additional 80,242 shares in the last quarter. Institutional investors own 98.87% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Wells Fargo & Company lifted their target price on Celanese from $75.00 to $80.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Royal Bank Of Canada upped their price target on Celanese from $66.00 to $68.00 and gave the company a “sector perform” rating in a research note on Monday, May 11th. Vertical Research upgraded Celanese from a “hold” rating to a “buy” rating and set a $60.00 price target on the stock in a report on Monday, March 9th. Zacks Research upgraded Celanese from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 21st. Finally, Bank of America dropped their price objective on Celanese from $72.00 to $63.00 and set a “buy” rating for the company in a report on Tuesday. Ten 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. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $65.69.

Celanese Stock Down 1.7%

Celanese stock opened at $45.23 on Thursday. The company has a 50 day moving average of $55.28 and a 200-day moving average of $53.46. The company has a quick ratio of 0.85, a current ratio of 1.38 and a debt-to-equity ratio of 2.41. Celanese Corporation has a twelve month low of $35.13 and a twelve month high of $70.70. The stock has a market capitalization of $4.96 billion, a PE ratio of -4.52, a price-to-earnings-growth ratio of 0.28 and a beta of 0.76.

Celanese (NYSE:CE) last issued 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 for the quarter, compared to analyst estimates of $2.34 billion. During the same quarter in the previous year, the business earned $0.57 earnings per share. The company’s revenue was down 2.2% on a year-over-year basis. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. On average, equities research analysts anticipate that Celanese Corporation will post 5.8 EPS for the current fiscal year.

Celanese Dividend Announcement

The company also recently declared 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 of this dividend was Monday, April 27th. This represents a $0.12 dividend on an annualized basis and a yield of 0.3%. Celanese’s dividend 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.