Wealth Enhancement Advisory Services LLC Trims Holdings in Celanese Corporation $CE

Wealth Enhancement Advisory Services LLC lowered its stake in shares of Celanese Corporation (NYSE:CE) by 39.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 24,003 shares of the basic materials company’s stock after selling 15,852 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Celanese were worth $1,068,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. lifted its stake in Celanese by 111.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 270 shares in the last quarter. National Bank of Canada FI acquired a new position in Celanese in the 3rd quarter valued at about $34,000. Versant Capital Management Inc increased its stake in Celanese by 140.4% during the third quarter. Versant Capital Management Inc now owns 827 shares of the basic materials company’s stock worth $35,000 after purchasing an additional 483 shares during the period. Salomon & Ludwin LLC acquired a new stake in shares of Celanese during the third quarter worth about $36,000. Finally, Smartleaf Asset Management LLC boosted its stake in shares of Celanese by 100.0% in the second quarter. Smartleaf Asset Management LLC now owns 662 shares of the basic materials company’s stock valued at $38,000 after purchasing an additional 331 shares during the period. 98.87% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CE has been the topic of several recent research reports. Tudor Pickering raised shares of Celanese from a “hold” rating to a “buy” rating in a research note on Monday, March 9th. Morgan Stanley initiated coverage on shares of Celanese in a research note on Tuesday, January 20th. They issued an “equal weight” rating and a $50.00 price target for the company. Vertical Research upgraded Celanese from a “hold” rating to a “buy” rating and set a $60.00 price objective on the stock in a research note on Monday, March 9th. Zacks Research cut Celanese from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 20th. Finally, Citigroup lifted their price objective on Celanese from $75.00 to $81.00 and gave the company a “buy” rating in a research note on Thursday, March 12th. Nine analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $61.39.

Celanese Stock Up 0.1%

CE stock opened at $64.13 on Monday. The stock has a market cap of $7.03 billion, a P/E ratio of -6.05, a PEG ratio of 0.45 and a beta of 0.85. The company has a current ratio of 1.55, a quick ratio of 0.94 and a debt-to-equity ratio of 2.55. Celanese Corporation has a twelve month low of $35.13 and a twelve month high of $67.82. The company’s 50 day moving average is $55.09 and its two-hundred day moving average is $46.49.

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

Celanese Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 24th were issued a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Tuesday, February 24th. Celanese’s payout ratio is presently -1.13%.

Celanese 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.