Mangrove Partners IM LLC Invests $826,000 in Celanese Corporation $CE

Mangrove Partners IM LLC purchased a new position in shares of Celanese Corporation (NYSE:CE) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 19,637 shares of the basic materials company’s stock, valued at approximately $826,000.

Several other hedge funds also recently added to or reduced their stakes in CE. Glenmede Investment Management LP boosted its position in shares of Celanese by 17.6% during the third quarter. Glenmede Investment Management LP now owns 8,783 shares of the basic materials company’s stock valued at $370,000 after buying an additional 1,314 shares during the period. Quantitative Investment Management LLC bought a new stake in shares of Celanese during the third quarter worth $622,000. Invesco Ltd. lifted its position in shares of Celanese by 18.5% during the third quarter. Invesco Ltd. now owns 534,062 shares of the basic materials company’s stock worth $22,473,000 after purchasing an additional 83,566 shares during the last quarter. Sei Investments Co. boosted its stake in shares of Celanese by 20.5% during the third quarter. Sei Investments Co. now owns 126,593 shares of the basic materials company’s stock valued at $5,327,000 after purchasing an additional 21,564 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Celanese by 29.7% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,122,694 shares of the basic materials company’s stock worth $47,243,000 after purchasing an additional 257,392 shares during the last quarter. 98.87% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on CE shares. Morgan Stanley began coverage on shares of Celanese in a report on Tuesday, January 20th. They set an “equal weight” rating and a $50.00 price objective for the company. JPMorgan Chase & Co. upped their target price on shares of Celanese from $40.00 to $53.00 and gave the stock a “neutral” rating in a research note on Thursday, February 19th. Jefferies Financial Group raised shares of Celanese from a “hold” rating to a “buy” rating and set a $86.00 target price on the stock in a research report on Thursday, February 5th. Zacks Research downgraded shares of Celanese from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 20th. Finally, Wells Fargo & Company raised Celanese from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $55.00 to $70.00 in a research note on Friday. Ten equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $60.56.

Celanese Stock Down 3.1%

Shares of CE stock opened at $57.75 on Friday. The stock’s fifty day moving average price is $50.42 and its 200 day moving average price is $44.91. Celanese Corporation has a 1-year low of $35.13 and a 1-year high of $63.55. The company has a market cap of $6.33 billion, a price-to-earnings ratio of -5.45, a price-to-earnings-growth ratio of 0.44 and a beta of 1.07. The company has a debt-to-equity ratio of 2.55, a current ratio of 1.55 and a quick ratio of 0.94.

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

Celanese Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 24th were given a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Tuesday, February 24th. Celanese’s dividend payout ratio (DPR) is presently -1.13%.

Key Stories Impacting Celanese

Here are the key news stories impacting Celanese this week:

• Positive Sentiment: Wells Fargo upgraded CE from “Equal Weight” to “Overweight” and lifted its target to $70, citing the company as a beneficiary of tighter fundamentals among chemical names — a catalyst cited for part of the recent rally. Wells Fargo Upgrade
• Positive Sentiment: Citigroup raised its price target to $81 and maintained a Buy view, providing another high‑profile bullish signal that helped push sentiment and multiple expansion. Citigroup Raises Target to $81
• Positive Sentiment: Company-level balance‑sheet catalysts: filings and analyst notes highlighted strong 2025 free cash flow, a 2026 FCF target, reduced near‑term maturities from refinancing, and the $492M Micromax sale — all supporting a deleveraging narrative that drove investor re‑rating. Deleveraging / FCF Analysis
• Positive Sentiment: Macro/geopolitical angle: several coverage notes flagged CE as a potential beneficiary of Middle East tensions (commodity/chemical price and demand effects), prompting a “top pick” designation in some outlets and adding to short‑covering. Top Pick / Middle East Tension Rationale
• Neutral Sentiment: Technical signal: Celanese’s Relative Strength (RS) rating jumped to 87, reflecting strong recent price performance — a technical positive but not a fundamental change. RS Rating to 87
• Negative Sentiment: Bearish earnings previews: Zacks and other outlets published downside/negative estimates for upcoming quarters, keeping near‑term earnings risk alive and giving investors reason to trim positions after the sharp rally. Zacks Negative Outlook

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.