PDT Partners LLC Takes $932,000 Position in Celanese Corporation $CE

PDT Partners LLC acquired a new position in Celanese Corporation (NYSE:CE) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,251 shares of the basic materials company’s stock, valued at approximately $932,000.

Other hedge funds have also recently bought and sold shares of the company. Geneos Wealth Management Inc. raised its holdings in Celanese by 111.1% during the second quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock valued at $28,000 after buying an additional 270 shares in the last quarter. National Bank of Canada FI bought a new stake in shares of Celanese during the 3rd quarter worth about $34,000. Smartleaf Asset Management LLC increased its holdings in shares of Celanese by 100.0% during the 2nd quarter. Smartleaf Asset Management LLC now owns 662 shares of the basic materials company’s stock valued at $38,000 after acquiring an additional 331 shares during the last quarter. UMB Bank n.a. increased its holdings in shares of Celanese by 175.7% during the 4th quarter. UMB Bank n.a. now owns 896 shares of the basic materials company’s stock valued at $38,000 after acquiring an additional 571 shares during the last quarter. Finally, Kestra Advisory Services LLC bought a new position in shares of Celanese in the 4th quarter valued at approximately $41,000. 98.87% of the stock is owned by institutional investors and hedge funds.

Celanese News Roundup

Here are the key news stories impacting Celanese this week:

• Positive Sentiment: Zacks Research raised its Q3 2026 EPS forecast to $1.59 from $1.48 and increased its FY2026 forecast to $6.00 from $5.64. The higher near-term estimates, along with a report that Q3 expectations are rising, provide modest support for CE. Celanese stock holds steady as Q3 2026 earnings estimates rise
• Neutral Sentiment: Analyst opinion is divided. Recent coverage highlights conflicting views on Celanese, with some estimates improving while others decline. The current-year consensus remains near $5.99–$5.94 per share, suggesting investors are waiting for clearer evidence of earnings recovery. Analysts Have Conflicting Sentiments on These Materials Companies: Celanese (CE) and Gold Fields (GFI)
• Negative Sentiment: Zacks cut several out-year forecasts: Q4 2026 EPS to $1.12 from $1.20, Q1 2027 to $1.14 from $1.33, Q2 2027 to $2.09 from $2.22, FY2027 to $5.59 from $5.93, FY2028 to $7.30 from $7.70, and Q2 2028 to $2.08 from $2.42. These reductions signal concerns about the durability of Celanese’s earnings recovery and may weigh on the stock. Analysts Have Conflicting Sentiments on These Materials Companies: Celanese (CE) and Gold Fields (GFI)

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on CE shares. Weiss Ratings restated a “sell (d-)” rating on shares of Celanese in a report on Friday, August 21st. Morgan Stanley lowered their price target on Celanese from $72.00 to $58.00 and set an “equal weight” rating on the stock in a report on Thursday, July 16th. Royal Bank Of Canada lifted their price target on shares of Celanese from $66.00 to $68.00 and gave the company a “sector perform” rating in a research report on Monday, May 11th. Mizuho set a $50.00 price objective on shares of Celanese in a research note on Wednesday, August 5th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Celanese from $53.00 to $68.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Nine equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $63.71.

Celanese Price Performance

NYSE CE opened at $44.83 on Friday. The stock has a 50-day simple moving average of $46.12 and a 200 day simple moving average of $53.64. Celanese Corporation has a twelve month low of $35.13 and a twelve month high of $70.70. The stock has a market capitalization of $4.92 billion, a PE ratio of -4.19, a P/E/G ratio of 0.29 and a beta of 0.76. The company has a debt-to-equity ratio of 2.33, a quick ratio of 0.87 and a current ratio of 1.45.

Celanese (NYSE:CE) last released its earnings results on Tuesday, August 4th. The basic materials company reported $2.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.23 by $0.22. The firm had revenue of $2.75 billion for the quarter, compared to analyst estimates of $2.75 billion. Celanese had a positive return on equity of 13.04% and a negative net margin of 12.04%.The company’s revenue was up 8.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.44 EPS. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. Research analysts anticipate that Celanese Corporation will post 5.99 EPS for the current year.

Celanese Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Tuesday, July 28th were paid a $0.03 dividend. The ex-dividend date was Tuesday, July 28th. This represents a $0.12 annualized dividend and a dividend yield of 0.3%. Celanese’s dividend payout ratio (DPR) is presently -1.12%.

Insider Activity

In related news, SVP Mark Christopher Murray bought 2,153 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were acquired at an average price of $45.52 per share, with a total value of $98,004.56. Following the completion of the transaction, the senior vice president owned 30,432 shares of the company’s stock, valued at $1,385,264.64. The trade was a 7.61% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.34% of the company’s stock.

About Celanese

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.