Great Lakes Advisors LLC Invests $3.17 Million in Celanese Corporation $CE

Great Lakes Advisors LLC purchased a new stake in Celanese Corporation (NYSE:CE) in the third quarter, Holdings Channel reports. The firm purchased 75,359 shares of the basic materials company’s stock, valued at approximately $3,171,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Blue Trust Inc. grew its holdings in Celanese by 7.0% in the 2nd quarter. Blue Trust Inc. now owns 3,089 shares of the basic materials company’s stock valued at $171,000 after buying an additional 201 shares in the last quarter. SBI Securities Co. Ltd. grew its holdings in shares of Celanese by 55.4% in the second quarter. SBI Securities Co. Ltd. now owns 623 shares of the basic materials company’s stock valued at $34,000 after purchasing an additional 222 shares during the period. Maryland State Retirement & Pension System increased its position in Celanese by 0.7% during the second quarter. Maryland State Retirement & Pension System now owns 37,252 shares of the basic materials company’s stock worth $2,061,000 after purchasing an additional 245 shares during the last quarter. Harbour Investments Inc. raised its stake in Celanese by 27.9% during the second quarter. Harbour Investments Inc. now owns 1,165 shares of the basic materials company’s stock worth $64,000 after purchasing an additional 254 shares during the period. Finally, Geneos Wealth Management Inc. boosted its holdings in Celanese by 111.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 270 shares during the last quarter. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Insider Buying and Selling at Celanese

In other Celanese news, CFO Chuck Kyrish bought 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The shares were purchased at an average cost of $41.03 per share, with a total value of $205,150.00. Following the purchase, the chief financial officer directly owned 10,914 shares in the company, valued at approximately $447,801.42. This represents a 84.55% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.33% of the company’s stock.

Celanese Price Performance

CE stock opened at $44.38 on Friday. The business’s fifty day moving average price is $43.35 and its 200 day moving average price is $44.26. Celanese Corporation has a 12-month low of $35.13 and a 12-month high of $72.62. The company has a current ratio of 1.63, a quick ratio of 1.04 and a debt-to-equity ratio of 2.66. The company has a market capitalization of $4.86 billion, a PE ratio of -1.57 and a beta of 1.12.

Celanese (NYSE:CE) last released its earnings results on Thursday, November 6th. The basic materials company reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.07. The company had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.51 billion. Celanese had a positive return on equity of 9.87% and a negative net margin of 31.85%.Celanese’s revenue was down 8.6% compared to the same quarter last year. During the same period in the previous year, the company posted $2.44 EPS. Celanese has set its Q4 2025 guidance at 0.850-1.000 EPS. On average, sell-side analysts anticipate that Celanese Corporation will post 8.79 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on CE shares. Tudor Pickering upgraded shares of Celanese from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 11th. Bank of America lowered their price objective on Celanese from $59.00 to $57.00 and set a “buy” rating for the company in a research report on Tuesday, October 14th. Weiss Ratings restated a “sell (d)” rating on shares of Celanese in a research report on Wednesday, January 21st. Evercore ISI lowered their price target on Celanese from $75.00 to $45.00 and set an “in-line” rating for the company in a report on Tuesday, November 11th. Finally, Zacks Research downgraded Celanese from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 20th. Six research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $53.06.

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.