Mark Christopher Murray Acquires 2,153 Shares of Celanese (NYSE:CE) Stock

Celanese Corporation (NYSE:CE) SVP Mark Christopher Murray purchased 2,153 shares of Celanese stock in a transaction that occurred on Tuesday, August 11th. The shares were bought at an average price of $45.52 per share, with a total value of $98,004.56. Following 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 position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Celanese Stock Performance

Shares of CE stock opened at $44.39 on Friday. The company has a debt-to-equity ratio of 2.33, a quick ratio of 0.87 and a current ratio of 1.45. The firm has a market cap of $4.87 billion, a price-to-earnings ratio of -4.15, a P/E/G ratio of 0.28 and a beta of 0.76. Celanese Corporation has a 52 week low of $35.13 and a 52 week high of $70.70. The firm’s 50-day simple moving average is $47.33 and its two-hundred day simple moving average is $53.85.

Celanese (NYSE:CE) last issued its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $2.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.23 by $0.22. Celanese had a negative net margin of 12.04% and a positive return on equity of 13.04%. The company had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.75 billion. During the same quarter last year, the business posted $1.44 EPS. Celanese’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. As a group, equities analysts forecast that Celanese Corporation will post 5.94 earnings per share for the current year.

Celanese Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Tuesday, July 28th were issued a dividend of $0.03 per share. The ex-dividend date of this dividend was Tuesday, July 28th. This represents a $0.12 annualized dividend and a yield of 0.3%. Celanese’s dividend payout ratio is -1.12%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on CE shares. Mizuho set a $50.00 target price on shares of Celanese in a report on Wednesday, August 5th. Royal Bank Of Canada lifted their price target on Celanese from $66.00 to $68.00 and gave the company a “sector perform” rating in a research report on Monday, May 11th. Morgan Stanley dropped their price objective on Celanese from $72.00 to $58.00 and set an “equal weight” rating on the stock in a report on Thursday, July 16th. Weiss Ratings restated a “sell (d-)” rating on shares of Celanese in a research note on Tuesday, May 26th. Finally, Wells Fargo & Company reduced their target price on Celanese from $80.00 to $65.00 and set an “overweight” rating for the company in a report on Thursday, August 6th. Nine investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Celanese currently has an average rating of “Hold” and a consensus target price of $63.47.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Cibc World Market Inc. purchased a new stake in shares of Celanese in the second quarter worth $23,382,000. Sanctuary Advisors LLC purchased a new position in Celanese during the second quarter worth about $263,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in Celanese in the 2nd quarter worth about $44,564,000. First Nebraska Trust Co purchased a new stake in shares of Celanese in the 2nd quarter valued at about $226,000. Finally, Bank of Nova Scotia purchased a new stake in shares of Celanese in the 2nd quarter valued at about $2,431,000. 98.87% of the stock is owned by institutional investors.

About Celanese

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.