PDT Partners LLC Acquires Shares of 20,251 Celanese Corporation $CE

PDT Partners LLC bought a new position in Celanese Corporation (NYSE:CE) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 20,251 shares of the basic materials company’s stock, valued at approximately $932,000.

Several other institutional investors have also made changes to their positions in CE. Canada Pension Plan Investment Board purchased a new stake in shares of Celanese in the 2nd quarter valued at approximately $6,730,000. Legal & General Group Plc purchased a new position in Celanese during the 2nd quarter worth approximately $12,791,000. The Manufacturers Life Insurance Company acquired a new stake in Celanese during the 2nd quarter valued at $1,417,000. Cibc World Market Inc. acquired a new stake in Celanese during the 2nd quarter valued at $23,382,000. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Celanese in the second quarter valued at $263,000. 98.87% of the stock is owned by hedge funds and other institutional investors.

Celanese Trading Up 0.3%

Celanese stock opened at $44.83 on Friday. Celanese Corporation has a 12 month low of $35.13 and a 12 month high of $70.70. The company has a quick ratio of 0.87, a current ratio of 1.45 and a debt-to-equity ratio of 2.33. The stock has a market cap of $4.92 billion, a P/E ratio of -4.19, a P/E/G ratio of 0.29 and a beta of 0.76. The company’s fifty day simple moving average is $46.12 and its 200-day simple moving average is $53.64.

Celanese (NYSE:CE) last announced its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $2.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.23 by $0.22. The business had revenue of $2.75 billion during 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%.Celanese’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period last year, the company earned $1.44 earnings per share. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. As a group, sell-side analysts forecast that Celanese Corporation will post 5.99 EPS for the current fiscal year.

Celanese Dividend Announcement

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

Analysts Set New Price Targets

CE has been the topic of a number of research analyst reports. Citigroup lowered their price target on Celanese from $80.00 to $68.00 and set a “buy” rating on the stock in a report on Wednesday, June 24th. Morgan Stanley reduced their price objective on Celanese from $72.00 to $58.00 and set an “equal weight” rating for the company in a research note on Thursday, July 16th. Weiss Ratings restated a “sell (d-)” rating on shares of Celanese in a research report on Friday, August 21st. Royal Bank Of Canada lifted their target price on Celanese from $66.00 to $68.00 and gave the company a “sector perform” rating in a research note on Monday, May 11th. Finally, Deutsche Bank Aktiengesellschaft set a $50.00 target price on Celanese in a report on Thursday, August 6th. Nine equities 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 stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $63.71.

Key Celanese News

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)

Insider Activity

In other news, SVP Mark Christopher Murray purchased 2,153 shares of Celanese stock in a transaction dated Tuesday, August 11th. The stock was acquired at an average cost of $45.52 per share, for a total transaction of $98,004.56. Following the acquisition, the senior vice president directly owned 30,432 shares in the company, valued at $1,385,264.64. This represents a 7.61% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.34% of the stock is currently owned by corporate insiders.

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.