Quadrature Capital Ltd Buys 11,022 Shares of Celanese Corporation $CE

Quadrature Capital Ltd lifted its position in Celanese Corporation (NYSE:CE) by 72.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,311 shares of the basic materials company’s stock after buying an additional 11,022 shares during the quarter. Quadrature Capital Ltd’s holdings in Celanese were worth $1,456,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Mizuho Markets Americas LLC grew its stake in Celanese by 149.6% in the 2nd quarter. Mizuho Markets Americas LLC now owns 1,248,055 shares of the basic materials company’s stock valued at $69,055,000 after buying an additional 747,987 shares during the last quarter. HB Wealth Management LLC bought a new position in Celanese during the 2nd quarter worth $340,000. Muhlenkamp & Co. Inc. acquired a new position in Celanese in the second quarter valued at about $8,366,000. United Services Automobile Association acquired a new position in shares of Celanese in the 1st quarter valued at approximately $382,000. Finally, E. Ohman J or Asset Management AB acquired a new position in Celanese during the second quarter valued at approximately $2,489,000. Institutional investors and hedge funds own 98.87% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on CE shares. Zacks Research downgraded Celanese from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 14th. Alembic Global Advisors set a $60.00 price objective on Celanese in a research note on Monday, August 25th. KeyCorp cut their price target on shares of Celanese from $77.00 to $70.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 13th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Celanese in a research report on Wednesday, October 8th. Finally, Jefferies Financial Group cut their price objective on shares of Celanese from $47.00 to $43.00 and set a “hold” rating on the stock in a research report on Monday, September 8th. Seven equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $54.78.

Insider Buying and Selling at Celanese

In other news, Director Timothy Go acquired 1,039 shares of the firm’s stock in a transaction that occurred on Monday, September 8th. The stock was bought at an average price of $46.25 per share, with a total value of $48,053.75. Following the acquisition, the director owned 4,415 shares in the company, valued at $204,193.75. The trade was a 30.78% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.33% of the company’s stock.

Celanese Stock Up 2.9%

Shares of NYSE:CE opened at $41.65 on Monday. Celanese Corporation has a 1 year low of $35.13 and a 1 year high of $75.84. The business has a fifty day moving average price of $40.40 and a two-hundred day moving average price of $48.08. The company has a debt-to-equity ratio of 2.22, a current ratio of 2.05 and a quick ratio of 1.22. The company has a market capitalization of $4.56 billion, a PE ratio of -2.81, a price-to-earnings-growth ratio of 1.86 and a beta of 1.17.

Celanese (NYSE:CE) last announced its quarterly earnings data on Thursday, November 6th. The basic materials company reported $1.34 EPS for the quarter, topping the consensus estimate of $1.27 by $0.07. Celanese had a negative net margin of 16.30% and a positive return on equity of 10.48%. The business had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.51 billion. During the same quarter in the previous year, the firm posted $2.44 earnings per share. The company’s revenue for the quarter was down 8.6% on a year-over-year basis. Celanese has set its Q4 2025 guidance at 0.850-1.000 EPS. Analysts forecast that Celanese Corporation will post 8.79 earnings per share for the current year.

Celanese Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 12th. Stockholders of record on Tuesday, October 28th were given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Tuesday, October 28th. Celanese’s dividend payout ratio is currently -0.42%.

Celanese Profile

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.