RBF Capital LLC Has $1.64 Million Holdings in Celanese Corporation $CE

RBF Capital LLC lessened its position in Celanese Corporation (NYSE:CE) by 74.5% during the 1st quarter, HoldingsChannel.com reports. The fund owned 25,000 shares of the basic materials company’s stock after selling 73,000 shares during the period. RBF Capital LLC’s holdings in Celanese were worth $1,644,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of CE. Capital Research Global Investors grew its holdings in Celanese by 24.0% in the 4th quarter. Capital Research Global Investors now owns 5,565,556 shares of the basic materials company’s stock valued at $235,312,000 after buying an additional 1,076,645 shares during the last quarter. Hsbc Holdings PLC boosted its position in shares of Celanese by 208.3% in the fourth quarter. Hsbc Holdings PLC now owns 105,435 shares of the basic materials company’s stock valued at $4,460,000 after acquiring an additional 71,238 shares during the period. U.S. Capital Wealth Advisors LLC grew its stake in shares of Celanese by 113.1% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 152,291 shares of the basic materials company’s stock worth $6,439,000 after acquiring an additional 80,827 shares during the last quarter. SG Americas Securities LLC increased its position in Celanese by 803.0% during the fourth quarter. SG Americas Securities LLC now owns 28,931 shares of the basic materials company’s stock worth $1,223,000 after acquiring an additional 25,727 shares during the period. Finally, Norges Bank acquired a new position in Celanese during the 4th quarter valued at $20,047,000. 98.87% of the stock is currently owned by institutional investors.

Celanese Price Performance

NYSE:CE opened at $43.94 on Thursday. The company has a 50-day moving average of $49.38 and a 200-day moving average of $54.03. The company has a market capitalization of $4.82 billion, a price-to-earnings ratio of -4.39, a PEG ratio of 0.27 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 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 posted its earnings results on Tuesday, May 5th. The basic materials company reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.03). The business had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.34 billion. Celanese had a negative net margin of 11.54% and a positive return on equity of 9.92%. The business’s revenue was down 2.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.57 EPS. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. As a group, equities research analysts anticipate that Celanese Corporation will post 6.01 earnings per share for the current fiscal year.

Celanese Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Tuesday, July 28th will be paid a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Tuesday, July 28th. Celanese’s dividend payout ratio is currently -1.20%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on CE shares. Morgan Stanley decreased their price target on shares of Celanese from $72.00 to $58.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 16th. Citigroup decreased their target price on Celanese from $80.00 to $68.00 and set a “buy” rating on the stock in a research report on Wednesday, June 24th. Wells Fargo & Company boosted their price target on Celanese from $75.00 to $80.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. BMO Capital Markets cut their price target on Celanese from $80.00 to $57.00 and set a “market perform” rating for the company in a report on Monday, July 6th. Finally, Mizuho decreased their price objective on Celanese from $65.00 to $55.00 and set a “neutral” rating on the stock in a report on Wednesday, July 1st. Ten analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $65.94.

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.