SG Americas Securities LLC Has $1.17 Million Holdings in Celanese Corporation $CE

SG Americas Securities LLC lessened its holdings in shares of Celanese Corporation (NYSE:CE) by 38.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,724 shares of the basic materials company’s stock after selling 11,207 shares during the quarter. SG Americas Securities LLC’s holdings in Celanese were worth $1,166,000 at the end of the most recent quarter.

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

Celanese Stock Performance

Shares of CE opened at $47.62 on Friday. The firm has a market cap of $5.22 billion, a price-to-earnings ratio of -4.76, a price-to-earnings-growth ratio of 0.27 and a beta of 0.76. The company’s fifty day moving average is $54.56 and its 200-day moving average is $53.45. The company has a quick ratio of 0.85, a current ratio of 1.38 and a debt-to-equity ratio of 2.41. Celanese Corporation has a 12 month low of $35.13 and a 12 month high of $70.70.

Celanese (NYSE:CE) last issued its quarterly earnings data on Tuesday, May 5th. The basic materials company reported $0.85 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.03). Celanese had a positive return on equity of 9.92% and a negative net margin of 11.54%.The business had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.34 billion. During the same quarter in the prior year, the company posted $0.57 earnings per share. The company’s revenue for the quarter was down 2.2% on a year-over-year basis. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. Equities analysts expect that Celanese Corporation will post 5.94 EPS for the current fiscal year.

Celanese Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, May 11th. Investors of record on Monday, April 27th were issued a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, April 27th. Celanese’s payout ratio is -1.20%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Vertical Research upgraded shares of Celanese from a “hold” rating to a “buy” rating and set a $60.00 price target on the stock in a report on Monday, March 9th. UBS Group increased their price objective on Celanese from $58.00 to $64.00 and gave the stock a “neutral” rating in a report on Thursday, April 9th. Wells Fargo & Company boosted their target price on Celanese from $75.00 to $80.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. JPMorgan Chase & Co. upped their target price on Celanese from $53.00 to $68.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Finally, Bank of America cut their price target on Celanese from $72.00 to $63.00 and set a “buy” rating for the company in a research note on Tuesday, June 30th. Ten analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $65.69.

Celanese 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.