QSM Asset Management Ltd Acquires 42,800 Shares of Celanese Corporation $CE

QSM Asset Management Ltd lifted its position in shares of Celanese Corporation (NYSE:CE) by 102.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 84,698 shares of the basic materials company’s stock after purchasing an additional 42,800 shares during the period. Celanese accounts for 2.0% of QSM Asset Management Ltd’s portfolio, making the stock its 19th largest holding. QSM Asset Management Ltd owned 0.08% of Celanese worth $3,581,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the business. Geneos Wealth Management Inc. boosted its stake in shares of Celanese by 111.1% in the second quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock valued at $28,000 after buying an additional 270 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of Celanese by 100.0% during the second quarter. Smartleaf Asset Management LLC now owns 662 shares of the basic materials company’s stock worth $38,000 after buying an additional 331 shares in the last quarter. Salomon & Ludwin LLC bought a new position in Celanese in the third quarter valued at about $36,000. National Bank of Canada FI bought a new position in Celanese in the 3rd quarter valued at approximately $34,000. Finally, Versant Capital Management Inc raised its stake in shares of Celanese by 140.4% during the third quarter. Versant Capital Management Inc now owns 827 shares of the basic materials company’s stock valued at $35,000 after acquiring an additional 483 shares during the last quarter. Institutional investors own 98.87% of the company’s stock.

Celanese Stock Up 1.4%

Shares of NYSE CE opened at $64.28 on Tuesday. The company has a market cap of $7.04 billion, a price-to-earnings ratio of -6.06, a PEG ratio of 0.47 and a beta of 1.07. The firm’s fifty day moving average is $53.69 and its 200 day moving average is $45.95. The company has a quick ratio of 0.94, a current ratio of 1.55 and a debt-to-equity ratio of 2.55. Celanese Corporation has a 52 week low of $35.13 and a 52 week high of $66.24.

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

Celanese Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 24th were issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Tuesday, February 24th. Celanese’s dividend payout ratio is presently -1.13%.

Analysts Set New Price Targets

CE has been the topic of a number of recent analyst reports. Vertical Research upgraded shares of Celanese from a “hold” rating to a “buy” rating and set a $60.00 price target on the stock in a research report on Monday, March 9th. Jefferies Financial Group raised Celanese from a “hold” rating to a “buy” rating and set a $86.00 price objective for the company in a research note on Thursday, February 5th. UBS Group boosted their target price on shares of Celanese from $56.00 to $58.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 18th. Morgan Stanley started coverage on shares of Celanese in a report on Tuesday, January 20th. They issued an “equal weight” rating and a $50.00 target price for the company. Finally, Zacks Research downgraded Celanese from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 20th. Nine equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, Celanese has a consensus rating of “Hold” and a consensus price target of $61.22.

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.