Shares of Celanese Corporation (NYSE:CE – Get Free Report) have earned a consensus recommendation of “Hold” from the twenty-one brokerages that are covering the company, MarketBeat.com reports. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have given a buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $59.3333.
A number of brokerages have recently commented on CE. Robert W. Baird set a $65.00 price target on shares of Celanese in a report on Thursday. Tudor Pickering upgraded Celanese from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 11th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Celanese in a report on Wednesday, January 21st. Morgan Stanley started coverage on Celanese in a research report on Tuesday, January 20th. They issued an “equal weight” rating and a $50.00 price target on the stock. Finally, Royal Bank Of Canada increased their price target on Celanese from $43.00 to $48.00 and gave the company a “sector perform” rating in a research note on Friday, January 16th.
Read Our Latest Stock Report on Celanese
Celanese Stock Performance
Celanese (NYSE:CE – Get Free Report) last issued its quarterly earnings data on Tuesday, February 17th. The basic materials company reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.22). Celanese had a negative net margin of 12.15% and a positive return on equity of 8.75%. The business had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.25 billion. During the same quarter last year, the business earned $1.45 EPS. The firm’s quarterly 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. Equities research analysts anticipate that Celanese will post 8.79 earnings per share for the current year.
Celanese Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 24th will be issued a dividend of $0.03 per share. The ex-dividend date is Tuesday, February 24th. This represents a $0.12 annualized dividend and a yield of 0.2%. Celanese’s dividend payout ratio (DPR) is presently -0.42%.
Insider Activity at Celanese
In other news, CFO Chuck Kyrish acquired 5,000 shares of Celanese stock in a transaction dated Tuesday, December 9th. The shares were bought at an average cost of $41.03 per share, with a total value of $205,150.00. Following the purchase, the chief financial officer owned 10,914 shares in the company, valued at $447,801.42. This trade represents a 84.55% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.33% of the company’s stock.
Hedge Funds Weigh In On Celanese
Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in Celanese by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 11,840,341 shares of the basic materials company’s stock worth $500,610,000 after acquiring an additional 90,428 shares during the period. Capital Research Global Investors boosted its position in shares of Celanese by 24.0% during the 4th quarter. Capital Research Global Investors now owns 5,565,556 shares of the basic materials company’s stock valued at $235,312,000 after purchasing an additional 1,076,645 shares in the last quarter. Turtle Creek Asset Management Inc. grew its stake in Celanese by 21.0% during the third quarter. Turtle Creek Asset Management Inc. now owns 5,115,365 shares of the basic materials company’s stock worth $215,255,000 after purchasing an additional 887,600 shares during the period. Federated Hermes Inc. grew its stake in Celanese by 182.1% during the second quarter. Federated Hermes Inc. now owns 5,081,458 shares of the basic materials company’s stock worth $281,157,000 after purchasing an additional 3,280,109 shares during the period. Finally, Fuller & Thaler Asset Management Inc. lifted its stake in Celanese by 15.8% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 4,094,781 shares of the basic materials company’s stock valued at $173,127,000 after buying an additional 558,391 shares during the period. Institutional investors and hedge funds own 98.87% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than Celanese
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- Unlocked: Elon Musk’s Next Big IPO
- My Epstein Story
- NEW LAW: Congress Approves Setup For Digital Dollar?
Receive News & Ratings for Celanese Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celanese and related companies with MarketBeat.com's FREE daily email newsletter.
