Northwestern Mutual Wealth Management Co. Buys 181,126 Shares of Celanese Corporation $CE

Northwestern Mutual Wealth Management Co. lifted its stake in Celanese Corporation (NYSE:CE) by 1,023.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 198,827 shares of the basic materials company’s stock after buying an additional 181,126 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Celanese were worth $8,406,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in CE. Geneos Wealth Management Inc. lifted its stake 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 valued at $28,000 after buying an additional 270 shares during the period. National Bank of Canada FI bought a new stake in shares of Celanese in the third quarter valued at about $34,000. Hartford Financial Management Inc. lifted its stake in shares of Celanese by 350.5% in the fourth quarter. Hartford Financial Management Inc. now owns 901 shares of the basic materials company’s stock valued at $38,000 after buying an additional 701 shares during the period. Smartleaf Asset Management LLC lifted its stake 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 valued at $38,000 after buying an additional 331 shares during the period. Finally, Danske Bank A S bought a new stake in shares of Celanese in the third quarter valued at about $50,000. Institutional investors own 98.87% of the company’s stock.

Celanese Stock Performance

Shares of Celanese stock opened at $52.40 on Friday. 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 $5.75 billion, a P/E ratio of -5.23, a P/E/G ratio of 0.33 and a beta of 0.81. The firm has a 50 day simple moving average of $61.58 and a 200 day simple moving average of $51.09. Celanese Corporation has a fifty-two week low of $35.13 and a fifty-two week high of $70.70.

Celanese (NYSE:CE) last issued its quarterly earnings results on Tuesday, May 5th. The basic materials company reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.03). The company had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.34 billion. Celanese had a negative net margin of 11.54% and a positive return on equity of 9.92%. The business’s revenue for the quarter was down 2.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.57 EPS. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. Sell-side analysts predict that Celanese Corporation will post 5.65 earnings per share for the current fiscal year.

Celanese Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, May 11th. Investors of record on Monday, April 27th were issued a $0.03 dividend. The ex-dividend date of this dividend was Monday, April 27th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.2%. Celanese’s dividend payout ratio (DPR) is currently -1.20%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on CE shares. Tudor Pickering upgraded shares of Celanese from a “hold” rating to a “buy” rating in a research note on Monday, March 9th. UBS Group raised their price target on shares of Celanese from $58.00 to $64.00 and gave the stock a “neutral” rating in a research note on Thursday, April 9th. Mizuho raised their price target on shares of Celanese from $58.00 to $65.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Wells Fargo & Company raised their price target on shares of Celanese from $75.00 to $80.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Finally, JPMorgan Chase & Co. raised their price target on shares of Celanese from $53.00 to $68.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Ten investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Celanese has a consensus rating of “Moderate Buy” and an average target price of $67.81.

Celanese Company 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.