Corient Private Wealth LLC Has $1.34 Million Stock Position in Celanese Corporation $CE

Corient Private Wealth LLC increased its position in shares of Celanese Corporation (NYSE:CEFree Report) by 154.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,793 shares of the basic materials company’s stock after acquiring an additional 19,289 shares during the quarter. Corient Private Wealth LLC’s holdings in Celanese were worth $1,344,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of CE. Geneos Wealth Management Inc. boosted its position in Celanese by 111.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 270 shares during the period. National Bank of Canada FI acquired a new position in shares of Celanese in the 3rd quarter valued at about $34,000. Hartford Financial Management Inc. increased its holdings in shares of Celanese by 350.5% in the 4th quarter. Hartford Financial Management Inc. now owns 901 shares of the basic materials company’s stock valued at $38,000 after purchasing an additional 701 shares during the period. Smartleaf Asset Management LLC lifted its position in shares of Celanese by 100.0% in the second quarter. Smartleaf Asset Management LLC now owns 662 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 331 shares in the last quarter. Finally, UMB Bank n.a. lifted its position in shares of Celanese by 175.7% in the fourth quarter. UMB Bank n.a. now owns 896 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 571 shares in the last quarter. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Analysts Set New Price Targets

CE has been the topic of several research analyst reports. Bank of America lowered their price target on shares of Celanese from $72.00 to $63.00 and set a “buy” rating on the stock in a report on Tuesday. Weiss Ratings reissued a “sell (d-)” rating on shares of Celanese in a research report on Tuesday, May 26th. Zacks Research upgraded Celanese from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 21st. Robert W. Baird boosted their target price on Celanese from $65.00 to $75.00 and gave the company an “outperform” rating in a research note on Friday, March 27th. Finally, Vertical Research raised Celanese from a “hold” rating to a “buy” rating and set a $60.00 target price on the stock in a research report on Monday, March 9th. Ten research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $65.69.

View Our Latest Research Report on CE

Celanese Trading Down 1.7%

Shares of Celanese stock opened at $45.23 on Thursday. The company has a current ratio of 1.38, a quick ratio of 0.85 and a debt-to-equity ratio of 2.41. The company has a market cap of $4.96 billion, a price-to-earnings ratio of -4.52, a PEG ratio of 0.28 and a beta of 0.76. The company’s fifty day simple moving average is $55.28 and its 200-day simple moving average is $53.46. Celanese Corporation has a 1 year low of $35.13 and a 1 year high of $70.70.

Celanese (NYSE:CEGet Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The basic materials company reported $0.85 EPS for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.03). Celanese had a negative net margin of 11.54% and a positive return on equity of 9.92%. The company had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same period in the prior year, the company posted $0.57 EPS. The firm’s quarterly revenue was down 2.2% on a year-over-year basis. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. As a group, sell-side analysts expect that Celanese Corporation will post 5.8 EPS for the current year.

Celanese Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, May 11th. Investors of record on Monday, April 27th were given a dividend of $0.03 per share. The ex-dividend date was Monday, April 27th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%. Celanese’s dividend payout ratio (DPR) is -1.20%.

About Celanese

(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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