Fifth Third Wealth Advisors LLC Lowers Stake in Celanese Corporation $CE

Fifth Third Wealth Advisors LLC lessened its position in shares of Celanese Corporation (NYSE:CE) by 6.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,618 shares of the basic materials company’s stock after selling 245 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Celanese were worth $200,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Strengthening Families & Communities LLC boosted its position in shares of Celanese by 73.2% in the first quarter. Strengthening Families & Communities LLC now owns 440 shares of the basic materials company’s stock worth $25,000 after buying an additional 186 shares during the period. Blue Trust Inc. boosted its position in shares of Celanese by 7.0% in the second quarter. Blue Trust Inc. now owns 3,089 shares of the basic materials company’s stock worth $171,000 after buying an additional 201 shares during the period. Sage Rhino Capital LLC boosted its position in shares of Celanese by 4.5% in the second quarter. Sage Rhino Capital LLC now owns 5,058 shares of the basic materials company’s stock worth $280,000 after buying an additional 220 shares during the period. Maryland State Retirement & Pension System boosted its position in shares of Celanese by 0.7% in 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 buying an additional 245 shares during the period. Finally, Meeder Advisory Services Inc. boosted its position in shares of Celanese by 6.7% in the first quarter. Meeder Advisory Services Inc. now owns 4,068 shares of the basic materials company’s stock worth $231,000 after buying an additional 257 shares during the period. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Celanese Stock Performance

Shares of CE stock opened at $40.84 on Wednesday. Celanese Corporation has a 12-month low of $36.29 and a 12-month high of $136.68. The firm has a market capitalization of $4.47 billion, a price-to-earnings ratio of -2.76, a price-to-earnings-growth ratio of 1.82 and a beta of 1.13. The business has a 50 day simple moving average of $44.54 and a 200 day simple moving average of $49.27. The company has a debt-to-equity ratio of 2.22, a current ratio of 2.05 and a quick ratio of 1.22.

Celanese (NYSE:CE) last issued its quarterly earnings data on Monday, August 11th. The basic materials company reported $1.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.06. The business had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.50 billion. Celanese had a positive return on equity of 10.48% and a negative net margin of 16.30%.The business’s revenue for the quarter was down 4.5% compared to the same quarter last year. During the same period in the prior year, the company posted $2.38 EPS. Celanese has set its Q3 2025 guidance at 1.100-1.400 EPS. On average, equities research analysts anticipate that Celanese Corporation will post 8.79 EPS for the current year.

Insider Activity at Celanese

In other Celanese news, Director Timothy Go bought 1,039 shares of Celanese stock in a transaction dated Monday, September 8th. The stock was bought at an average price of $46.25 per share, for a total transaction of $48,053.75. Following the completion of the acquisition, the director directly owned 4,415 shares of the company’s stock, valued at approximately $204,193.75. This trade represents a 30.78% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.26% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on the company. KeyCorp cut their price target on Celanese from $77.00 to $70.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 13th. Jefferies Financial Group cut their price target on Celanese from $47.00 to $43.00 and set a “hold” rating on the stock in a research note on Monday, September 8th. Deutsche Bank Aktiengesellschaft set a $52.00 price target on Celanese and gave the stock a “buy” rating in a research note on Wednesday, August 13th. JPMorgan Chase & Co. cut their price target on Celanese from $47.00 to $40.00 and set a “neutral” rating on the stock in a research note on Thursday, August 14th. Finally, Royal Bank Of Canada set a $43.00 price target on Celanese in a research note on Tuesday. Seven investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Celanese presently has a consensus rating of “Hold” and a consensus price target of $56.11.

About Celanese

Celanese Corporation, a chemical and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. It operates through Engineered Materials and Acetyl Chain. The Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics.