SG Americas Securities LLC Acquires 25,727 Shares of Celanese Corporation $CE

SG Americas Securities LLC grew its stake in shares of Celanese Corporation (NYSE:CE) by 803.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 28,931 shares of the basic materials company’s stock after acquiring an additional 25,727 shares during the period. SG Americas Securities LLC’s holdings in Celanese were worth $1,223,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in CE. Turtle Creek Asset Management Inc. lifted its stake in shares of Celanese by 21.0% during the 3rd quarter. Turtle Creek Asset Management Inc. now owns 5,115,365 shares of the basic materials company’s stock worth $215,255,000 after purchasing an additional 887,600 shares during the last quarter. Bank of America Corp DE increased its position in Celanese by 103.7% during the 2nd quarter. Bank of America Corp DE now owns 1,645,689 shares of the basic materials company’s stock valued at $91,056,000 after buying an additional 837,944 shares in the last quarter. Holocene Advisors LP increased its position in Celanese by 872.6% during the 3rd quarter. Holocene Advisors LP now owns 693,796 shares of the basic materials company’s stock valued at $29,195,000 after buying an additional 622,460 shares in the last quarter. Assenagon Asset Management S.A. increased its position in Celanese by 437.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 737,289 shares of the basic materials company’s stock valued at $31,025,000 after buying an additional 600,229 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its position in Celanese by 142.8% during the 2nd quarter. BNP Paribas Financial Markets now owns 956,650 shares of the basic materials company’s stock valued at $52,931,000 after buying an additional 562,615 shares in the last quarter. 98.87% of the stock is currently owned by hedge funds and other institutional investors.

Celanese Stock Performance

Shares of NYSE:CE opened at $63.67 on Wednesday. The company has a debt-to-equity ratio of 2.55, a current ratio of 1.55 and a quick ratio of 0.94. The business’s 50 day moving average price is $55.75 and its 200-day moving average price is $46.75. The firm has a market capitalization of $6.98 billion, a PE ratio of -6.01, a P/E/G ratio of 0.45 and a beta of 0.85. Celanese Corporation has a 1 year low of $35.13 and a 1 year high of $67.82.

Celanese (NYSE:CE) last issued its quarterly earnings results on Tuesday, February 17th. The basic materials company reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.22). The firm 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%.The business’s revenue was down 6.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.45 earnings per share. Celanese has set its Q1 2026 guidance at 0.700-0.850 EPS. As a group, equities research analysts expect that Celanese Corporation will post 8.79 earnings per share for the current fiscal year.

Celanese Announces Dividend

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 dividend of $0.03 per share. The ex-dividend date was Tuesday, February 24th. This represents a $0.12 dividend on an annualized basis and a yield of 0.2%. Celanese’s dividend payout ratio (DPR) is presently -1.13%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on CE. UBS Group increased their price objective on Celanese from $56.00 to $58.00 and gave the company a “neutral” rating in a report on Wednesday, March 18th. Evercore set a $63.00 price objective on Celanese in a report on Wednesday, February 18th. Vertical Research raised Celanese from a “hold” rating to a “buy” rating and set a $60.00 target price on the stock in a report on Monday, March 9th. Robert W. Baird raised their price objective on Celanese from $65.00 to $75.00 and gave the company an “outperform” rating in a report on Friday, March 27th. Finally, Zacks Research lowered Celanese from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 20th. Nine analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $62.18.

About Celanese

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.