M&T Bank Corp Has $8.26 Million Holdings in Celanese Corporation $CE

M&T Bank Corp grew its stake in Celanese Corporation (NYSE:CE) by 2,610.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 195,280 shares of the basic materials company’s stock after buying an additional 188,074 shares during the period. M&T Bank Corp’s holdings in Celanese were worth $8,256,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Geneos Wealth Management Inc. lifted its position in shares of Celanese by 111.1% in the second quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock worth $28,000 after buying an additional 270 shares during the last quarter. National Bank of Canada FI acquired a new stake in shares of Celanese in the third quarter worth about $34,000. Versant Capital Management Inc lifted its position in shares of Celanese by 140.4% in the third quarter. Versant Capital Management Inc now owns 827 shares of the basic materials company’s stock worth $35,000 after buying an additional 483 shares during the last quarter. Salomon & Ludwin LLC acquired a new stake in shares of Celanese in the third quarter worth about $36,000. Finally, Smartleaf Asset Management LLC lifted its position 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 worth $38,000 after buying an additional 331 shares during the last quarter. Institutional investors and hedge funds own 98.87% of the company’s stock.

Celanese Trading Down 0.3%

Celanese stock opened at $65.04 on Friday. The company has a debt-to-equity ratio of 2.55, a quick ratio of 0.94 and a current ratio of 1.55. The business’s 50-day simple moving average is $58.98 and its 200-day simple moving average is $48.69. The firm has a market capitalization of $7.13 billion, a PE ratio of -6.14, a PEG ratio of 0.43 and a beta of 0.85. Celanese Corporation has a 52 week low of $35.13 and a 52 week high of $68.77.

Celanese (NYSE:CE) last posted its quarterly earnings data 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). The business had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.25 billion. Celanese had a positive return on equity of 8.75% and a negative net margin of 12.15%.The company’s revenue for the quarter was down 6.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.45 earnings per share. Celanese has set its Q1 2026 guidance at 0.700-0.850 EPS. Equities research analysts forecast that Celanese Corporation will post 5.16 earnings per share for the current year.

Celanese Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Stockholders of record on Monday, April 27th will be paid a $0.03 dividend. The ex-dividend date is Monday, April 27th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.2%. Celanese’s payout ratio is presently -1.13%.

Wall Street Analysts Forecast Growth

CE has been the subject of a number of analyst reports. Bank of America boosted their price target on Celanese from $70.00 to $75.00 and gave the stock a “buy” rating in a research report on Tuesday. Zacks Research raised Celanese from a “strong sell” rating to a “hold” rating in a research report on Tuesday. Jefferies Financial Group upgraded Celanese from a “hold” rating to a “buy” rating and set a $86.00 price objective on the stock in a research note on Thursday, February 5th. Wells Fargo & Company lifted their price objective on Celanese from $70.00 to $75.00 and gave the stock an “overweight” rating in a research note on Friday, April 10th. Finally, Tudor Pickering upgraded Celanese from a “hold” rating to a “buy” rating in a research note on Monday, March 9th. Nine analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $64.71.

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.