Capital Research Global Investors Has $235.31 Million Stock Holdings in Celanese Corporation $CE

Capital Research Global Investors lifted its holdings in Celanese Corporation (NYSE:CE) by 24.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,565,556 shares of the basic materials company’s stock after buying an additional 1,076,645 shares during the period. Capital Research Global Investors owned about 0.05% of Celanese worth $235,312,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Geneos Wealth Management Inc. boosted its position 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 purchasing an additional 270 shares during the last quarter. National Bank of Canada FI acquired a new stake in Celanese during the third quarter valued at $34,000. Hartford Financial Management Inc. boosted its position in Celanese by 350.5% during the fourth quarter. Hartford Financial Management Inc. now owns 901 shares of the basic materials company’s stock valued at $38,000 after purchasing an additional 701 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in Celanese by 100.0% during 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 last quarter. Finally, Danske Bank A S acquired a new stake in Celanese during the third quarter valued at $50,000. Institutional investors and hedge funds own 98.87% of the company’s stock.

Celanese Price Performance

NYSE CE opened at $51.09 on Monday. Celanese Corporation has a fifty-two week low of $35.13 and a fifty-two week high of $70.70. The stock’s 50-day moving average is $60.47 and its two-hundred day moving average is $52.22. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.38 and a quick ratio of 0.85. The firm has a market cap of $5.60 billion, a P/E ratio of -5.10, a price-to-earnings-growth ratio of 0.31 and a beta of 0.74.

Celanese (NYSE:CE) last posted its earnings results on Tuesday, May 5th. The basic materials company reported $0.85 earnings per share for the quarter, missing the consensus estimate of $0.88 by ($0.03). Celanese had a negative net margin of 11.54% and a positive return on equity of 9.92%. The company had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.34 billion. During the same quarter last year, the business earned $0.57 earnings per share. Celanese’s quarterly revenue was down 2.2% on a year-over-year basis. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. On average, analysts anticipate that Celanese Corporation will post 5.8 earnings per share for the current fiscal year.

Celanese Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, May 11th. Investors of record on Monday, April 27th were given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Monday, April 27th. Celanese’s payout ratio is currently -1.20%.

Analyst Upgrades and Downgrades

CE has been the subject of a number of research reports. UBS Group lifted their price objective on Celanese from $58.00 to $64.00 and gave the company a “neutral” rating in a research report on Thursday, April 9th. Tudor Pickering raised Celanese from a “hold” rating to a “buy” rating in a research report on Monday, March 9th. Mizuho lifted their price objective on Celanese from $58.00 to $65.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Robert W. Baird lifted their price objective on Celanese from $65.00 to $75.00 and gave the company an “outperform” rating in a research report on Friday, March 27th. Finally, Royal Bank Of Canada lifted their price objective on Celanese from $66.00 to $68.00 and gave the company a “sector perform” rating in a research report on Monday, May 11th. Ten research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $67.81.

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.