Celanese (NYSE:CE – Get Free Report) released its quarterly earnings results on Thursday. The basic materials company reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.07, Zacks reports. The firm had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.51 billion. Celanese had a negative net margin of 16.30% and a positive return on equity of 10.48%. The company’s revenue for the quarter was down 8.6% compared to the same quarter last year. During the same period in the previous year, the business earned $2.44 earnings per share. Celanese updated its Q4 2025 guidance to 0.850-1.000 EPS.
Celanese Trading Up 14.6%
CE stock traded up $5.28 during midday trading on Friday, reaching $41.39. The stock had a trading volume of 5,374,217 shares, compared to its average volume of 2,617,984. The firm has a market cap of $4.53 billion, a price-to-earnings ratio of -2.79, a PEG ratio of 1.86 and a beta of 1.17. Celanese has a twelve month low of $35.48 and a twelve month high of $89.24. The company has a quick ratio of 1.22, a current ratio of 2.05 and a debt-to-equity ratio of 2.22. The business has a fifty day simple moving average of $42.45 and a two-hundred day simple moving average of $48.91.
Celanese Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 12th. Investors of record on Tuesday, October 28th will be issued a $0.03 dividend. The ex-dividend date is Tuesday, October 28th. This represents a $0.12 annualized dividend and a yield of 0.3%. Celanese’s dividend payout ratio (DPR) is currently -0.42%.
Insider Transactions at Celanese
Institutional Trading of Celanese
A number of institutional investors have recently modified their holdings of CE. Bank of America Corp DE grew its holdings in shares of Celanese by 103.7% during the second quarter. Bank of America Corp DE now owns 1,645,689 shares of the basic materials company’s stock worth $91,056,000 after buying an additional 837,944 shares in the last quarter. BNP Paribas Financial Markets boosted 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 worth $52,931,000 after acquiring an additional 562,615 shares during the last quarter. Man Group plc bought a new position in shares of Celanese during the 2nd quarter worth approximately $30,557,000. Balyasny Asset Management L.P. grew its stake in shares of Celanese by 53.4% during the 2nd quarter. Balyasny Asset Management L.P. now owns 884,373 shares of the basic materials company’s stock worth $48,932,000 after acquiring an additional 307,780 shares in the last quarter. Finally, Adage Capital Partners GP L.L.C. acquired a new stake in shares of Celanese in the second quarter valued at approximately $11,066,000. 98.87% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on the stock. Alembic Global Advisors set a $60.00 target price on shares of Celanese in a research note on Monday, August 25th. Robert W. Baird cut their price objective on Celanese from $67.00 to $50.00 and set an “outperform” rating for the company in a research report on Wednesday, August 13th. Bank of America reduced their price objective on Celanese from $59.00 to $57.00 and set a “buy” rating on the stock in a research note on Tuesday, October 14th. Wells Fargo & Company decreased their target price on Celanese from $60.00 to $57.00 and set an “overweight” rating on the stock in a report on Tuesday, September 30th. Finally, UBS Group lowered their target price on Celanese from $49.00 to $48.00 and set a “neutral” rating for the company in a research note on Monday, October 6th. Seven equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Celanese presently has a consensus rating of “Hold” and a consensus target price 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.
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