Celanese Corporation $CE Shares Acquired by Bayforest Capital Ltd

Bayforest Capital Ltd increased its position in Celanese Corporation (NYSE:CE) by 107.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,907 shares of the basic materials company’s stock after buying an additional 5,121 shares during the quarter. Bayforest Capital Ltd’s holdings in Celanese were worth $548,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Strengthening Families & Communities LLC raised its position in shares of Celanese by 73.2% during the first quarter. Strengthening Families & Communities LLC now owns 440 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 186 shares during the period. Summit Securities Group LLC acquired a new stake in shares of Celanese during the first quarter worth $30,000. Mather Group LLC. raised its position in shares of Celanese by 127.0% during the first quarter. Mather Group LLC. now owns 622 shares of the basic materials company’s stock worth $35,000 after purchasing an additional 348 shares during the period. LRI Investments LLC raised its position in shares of Celanese by 99.0% during the second quarter. LRI Investments LLC now owns 758 shares of the basic materials company’s stock worth $42,000 after purchasing an additional 377 shares during the period. Finally, SOA Wealth Advisors LLC. acquired a new stake in shares of Celanese during the second quarter worth $50,000. 98.87% of the stock is owned by institutional investors and hedge funds.

Celanese Stock Performance

Shares of NYSE CE opened at $40.84 on Wednesday. The business’s 50-day moving average price is $44.54 and its two-hundred day moving average price is $49.27. The company has a debt-to-equity ratio of 2.22, a current ratio of 2.05 and a quick ratio of 1.22. Celanese Corporation has a one year low of $36.29 and a one year high of $136.68. The company has a market capitalization of $4.47 billion, a P/E ratio of -2.76, a price-to-earnings-growth ratio of 1.82 and a beta of 1.13.

Celanese (NYSE:CE) last issued its earnings results on Monday, August 11th. The basic materials company reported $1.44 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.06. Celanese had a positive return on equity of 10.48% and a negative net margin of 16.30%.The firm had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.50 billion. During the same quarter in the previous year, the company posted $2.38 earnings per share. The business’s quarterly revenue was down 4.5% compared to the same quarter last year. Celanese has set its Q3 2025 guidance at 1.100-1.400 EPS. Analysts anticipate that Celanese Corporation will post 8.79 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Timothy Go bought 1,039 shares of the stock in a transaction on Monday, September 8th. The shares were purchased at an average price of $46.25 per share, for a total transaction of $48,053.75. Following the completion of the purchase, the director directly owned 4,415 shares of the company’s stock, valued at $204,193.75. This trade represents a 30.78% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.26% of the stock is owned by company insiders.

Analysts Set New Price Targets

CE has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft set a $52.00 target price on Celanese and gave the stock a “buy” rating in a research report on Wednesday, August 13th. JPMorgan Chase & Co. dropped their price target on Celanese from $47.00 to $40.00 and set a “neutral” rating on the stock in a research report on Thursday, August 14th. Jefferies Financial Group dropped their price target on Celanese from $47.00 to $43.00 and set a “hold” rating on the stock in a research report on Monday, September 8th. Royal Bank Of Canada set a $43.00 price target on Celanese in a research report on Tuesday. Finally, Cfra Research raised Celanese to a “moderate sell” rating in a research report on Tuesday, August 12th. Seven equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $56.11.

Celanese Company 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.