Celanese (NYSE:CE) Price Target Raised to $53.00 at JPMorgan Chase & Co.

Celanese (NYSE:CE) had its target price upped by JPMorgan Chase & Co. from $40.00 to $53.00 in a report issued on Thursday morning,Benzinga reports. They currently have a neutral rating on the basic materials company’s stock.

Other analysts also recently issued reports about the company. Wells Fargo & Company raised their target price on Celanese from $45.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Thursday. Citigroup lifted their target price on Celanese from $63.00 to $75.00 and gave the company a “buy” rating in a research report on Thursday. Tudor Pickering raised Celanese from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 11th. Jefferies Financial Group upgraded shares of Celanese from a “hold” rating to a “buy” rating and set a $86.00 price objective on the stock in a report on Thursday, February 5th. Finally, Zacks Research lowered Celanese from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 20th. Seven 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 stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $59.33.

Celanese Stock Up 1.6%

Celanese stock traded up $0.89 during trading hours on Thursday, reaching $55.81. The stock had a trading volume of 125,325 shares, compared to its average volume of 2,395,305. The business’s 50 day moving average price is $47.29 and its 200-day moving average price is $44.19. Celanese has a 52 week low of $35.13 and a 52 week high of $63.55. The company has a market cap of $6.11 billion, a price-to-earnings ratio of -5.24 and a beta of 1.12. The company has a debt-to-equity ratio of 2.55, a current ratio of 1.55 and a quick ratio of 1.04.

Celanese (NYSE:CE) last issued its earnings results on Tuesday, February 17th. The basic materials company reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.22). Celanese had a negative net margin of 12.15% and a positive return on equity of 8.75%. The firm had revenue of $2.20 billion during the quarter, compared to analysts’ expectations of $2.25 billion. During the same quarter in the prior year, the company earned $1.45 EPS. Celanese’s quarterly revenue was down 6.5% on a year-over-year basis. Celanese has set its Q1 2026 guidance at 0.700-0.850 EPS. Sell-side analysts anticipate that Celanese will post 8.79 EPS for the current year.

Celanese Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 24th will be issued a dividend of $0.03 per share. The ex-dividend date is Tuesday, February 24th. This represents a $0.12 dividend on an annualized basis and a yield of 0.2%. Celanese’s dividend payout ratio is currently -0.42%.

Insider Activity

In related news, CFO Chuck Kyrish purchased 5,000 shares of Celanese stock in a transaction dated Tuesday, December 9th. The stock was purchased at an average cost of $41.03 per share, with a total value of $205,150.00. Following the transaction, the chief financial officer owned 10,914 shares in the company, valued at approximately $447,801.42. The trade was a 84.55% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.33% of the company’s stock.

Institutional Trading of Celanese

Several hedge funds have recently modified their holdings of the company. Invesco Ltd. grew its position in shares of Celanese by 1.2% in the 4th quarter. Invesco Ltd. now owns 540,452 shares of the basic materials company’s stock worth $22,850,000 after buying an additional 6,390 shares during the last quarter. Corient Private Wealth LLC grew its holdings in Celanese by 154.3% in the fourth quarter. Corient Private Wealth LLC now owns 31,793 shares of the basic materials company’s stock worth $1,344,000 after purchasing an additional 19,289 shares during the last quarter. Alberta Investment Management Corp purchased a new stake in shares of Celanese during the 4th quarter valued at $1,501,000. State of Tennessee Department of Treasury boosted its position in shares of Celanese by 0.7% in the 4th quarter. State of Tennessee Department of Treasury now owns 42,083 shares of the basic materials company’s stock worth $1,870,000 after purchasing an additional 313 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. increased its position in Celanese by 15.8% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 4,094,781 shares of the basic materials company’s stock valued at $173,127,000 after buying an additional 558,391 shares in the last quarter. 98.87% of the stock is owned by hedge funds and other institutional investors.

Celanese Company 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.