Celanese Corporation $CE Stock Holdings Lifted by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its position in shares of Celanese Corporation (NYSE:CEFree Report) by 12.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 259,196 shares of the basic materials company’s stock after purchasing an additional 29,392 shares during the quarter. JPMorgan Chase & Co. owned 0.24% of Celanese worth $10,907,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Saranac Partners Ltd acquired a new stake in Celanese during the 3rd quarter worth about $61,000. EMC Capital Management increased its holdings in shares of Celanese by 72.0% in the 3rd quarter. EMC Capital Management now owns 4,300 shares of the basic materials company’s stock valued at $181,000 after purchasing an additional 1,800 shares during the period. Danske Bank A S acquired a new position in shares of Celanese in the 3rd quarter valued at about $50,000. Advisory Services Network LLC purchased a new stake in shares of Celanese in the third quarter worth approximately $90,000. Finally, Jacobs Levy Equity Management Inc. boosted its holdings in shares of Celanese by 37.7% during the third quarter. Jacobs Levy Equity Management Inc. now owns 1,703,695 shares of the basic materials company’s stock worth $71,691,000 after purchasing an additional 466,683 shares during the period. 98.87% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have issued reports on CE shares. UBS Group lifted their target price on shares of Celanese from $56.00 to $58.00 and gave the company a “neutral” rating in a research note on Wednesday, March 18th. Weiss Ratings reiterated a “sell (d)” rating on shares of Celanese in a report on Wednesday, January 21st. JPMorgan Chase & Co. lifted their price objective on Celanese from $40.00 to $53.00 and gave the company a “neutral” rating in a research report on Thursday, February 19th. Royal Bank Of Canada upped their target price on Celanese from $48.00 to $55.00 and gave the stock a “sector perform” rating in a research report on Monday, February 23rd. Finally, Evercore set a $63.00 price target on Celanese in a research note on Wednesday, February 18th. Nine research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Celanese presently has an average rating of “Hold” and an average target price of $61.22.

View Our Latest Analysis on Celanese

Celanese Trading Up 3.0%

Shares of NYSE:CE opened at $63.36 on Friday. The company has a current ratio of 1.55, a quick ratio of 0.94 and a debt-to-equity ratio of 2.55. The stock has a market capitalization of $6.94 billion, a PE ratio of -5.98, a P/E/G ratio of 0.47 and a beta of 1.07. Celanese Corporation has a 1 year low of $35.13 and a 1 year high of $63.90. The firm has a fifty day moving average price of $53.35 and a 200 day moving average price of $45.81.

Celanese (NYSE:CEGet Free Report) last announced its quarterly 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). The company had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.25 billion. Celanese had a positive return on equity of 8.75% and a negative net margin of 12.15%.Celanese’s quarterly revenue was down 6.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.45 EPS. Celanese has set its Q1 2026 guidance at 0.700-0.850 EPS. Analysts expect that Celanese Corporation will post 8.79 EPS for the current fiscal year.

Celanese Dividend Announcement

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

Celanese Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Celanese (NYSE:CE)

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