Pine Valley Investments Ltd Liability Co Has $55.03 Million Stake in Celanese Corporation $CE

Pine Valley Investments Ltd Liability Co increased its stake in shares of Celanese Corporation (NYSE:CE) by 8.4% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 836,733 shares of the basic materials company’s stock after purchasing an additional 65,155 shares during the period. Celanese makes up 2.5% of Pine Valley Investments Ltd Liability Co’s investment portfolio, making the stock its 4th largest holding. Pine Valley Investments Ltd Liability Co’s holdings in Celanese were worth $55,032,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CE. Childress Capital Advisors LLC grew its position in Celanese by 3.6% in the 1st quarter. Childress Capital Advisors LLC now owns 5,587 shares of the basic materials company’s stock worth $367,000 after purchasing an additional 192 shares during the period. AdvisorNet Financial Inc boosted its stake in shares of Celanese by 14.5% in the 1st quarter. AdvisorNet Financial Inc now owns 1,815 shares of the basic materials company’s stock worth $119,000 after buying an additional 230 shares during the last quarter. Deseret Mutual Benefit Administrators grew its holdings in shares of Celanese by 20.7% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 1,399 shares of the basic materials company’s stock worth $59,000 after acquiring an additional 240 shares during the period. Bessemer Group Inc. grew its holdings in shares of Celanese by 7.1% in the first quarter. Bessemer Group Inc. now owns 3,970 shares of the basic materials company’s stock worth $262,000 after acquiring an additional 262 shares during the period. Finally, Blue Trust Inc. lifted its holdings in Celanese by 8.9% in the fourth quarter. Blue Trust Inc. now owns 3,244 shares of the basic materials company’s stock valued at $137,000 after acquiring an additional 265 shares during the period. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Celanese Trading Down 0.1%

Shares of NYSE:CE opened at $44.69 on Monday. The stock has a 50 day moving average of $49.06 and a 200 day moving average of $54.02. The company has a market cap of $4.90 billion, a PE ratio of -4.46, a price-to-earnings-growth ratio of 0.28 and a beta of 0.76. The company has a current ratio of 1.38, a quick ratio of 0.85 and a debt-to-equity ratio of 2.41. Celanese Corporation has a 12-month low of $35.13 and a 12-month high of $70.70.

Celanese (NYSE:CE) last released its earnings results on Tuesday, May 5th. The basic materials company reported $0.85 EPS for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.03). The firm had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.34 billion. Celanese had a positive return on equity of 9.92% and a negative net margin of 11.54%.Celanese’s revenue was down 2.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.57 EPS. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. As a group, equities research analysts expect that Celanese Corporation will post 6.01 EPS for the current year.

Celanese Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Tuesday, July 28th will be paid a dividend of $0.03 per share. The ex-dividend date is Tuesday, July 28th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%. Celanese’s payout ratio is -1.20%.

Wall Street Analysts Forecast Growth

CE has been the topic of several research reports. Mizuho dropped their target price on Celanese from $65.00 to $55.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 1st. Bank of America cut their target price on shares of Celanese from $72.00 to $63.00 and set a “buy” rating for the company in a research report on Tuesday, June 30th. JPMorgan Chase & Co. upped their target price on shares of Celanese from $53.00 to $68.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Wells Fargo & Company increased their price target on shares of Celanese from $75.00 to $80.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Celanese in a research note on Tuesday, May 26th. Ten equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $65.94.

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.