Celanese (NYSE:CE) Issues Earnings Results

Celanese (NYSE:CE) announced its earnings results on Tuesday. The basic materials company reported $2.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.23 by $0.22, FiscalAI reports. Celanese had a positive return on equity of 9.92% and a negative net margin of 11.54%.The firm had revenue of $2.75 billion during the quarter, compared to analysts’ expectations of $2.75 billion. Celanese updated its Q3 2026 guidance to 1.350-1.750 EPS.

Celanese Price Performance

Shares of Celanese stock traded up $1.52 during midday trading on Tuesday, hitting $45.41. 3,730,418 shares of the company were exchanged, compared to its average volume of 2,228,828. The firm has a 50 day simple moving average of $48.89 and a 200-day simple moving average of $54.01. 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 $4.98 billion, a P/E ratio of -4.54, a PEG ratio of 0.28 and a beta of 0.76. Celanese has a 52 week low of $35.13 and a 52 week high of $70.70.

Celanese Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Tuesday, July 28th will be issued a $0.03 dividend. The ex-dividend date of this dividend is 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 is presently -1.20%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on CE shares. Zacks Research upgraded shares of Celanese from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 21st. Wells Fargo & Company upped their price target on shares of Celanese from $75.00 to $80.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Morgan Stanley lowered their price target on Celanese from $72.00 to $58.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 16th. Wall Street Zen lowered Celanese from a “buy” rating to a “hold” rating in a research note on Saturday, June 20th. Finally, UBS Group boosted their price objective on Celanese from $58.00 to $64.00 and gave the stock a “neutral” rating in a research report on Thursday, April 9th. Ten analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $65.94.

Hedge Funds Weigh In On Celanese

Institutional investors have recently added to or reduced their stakes in the company. Invesco Ltd. increased its holdings in Celanese by 1.2% during the 4th quarter. Invesco Ltd. now owns 540,452 shares of the basic materials company’s stock valued at $22,850,000 after purchasing an additional 6,390 shares in the last quarter. Corient Private Wealth LLC boosted its stake in Celanese by 154.3% in the fourth quarter. Corient Private Wealth LLC now owns 31,793 shares of the basic materials company’s stock worth $1,344,000 after purchasing an additional 19,289 shares in the last quarter. Alberta Investment Management Corp acquired a new position in Celanese in the fourth quarter worth $1,501,000. State of Tennessee Department of Treasury grew its holdings in shares of Celanese by 0.7% during the fourth quarter. State of Tennessee Department of Treasury now owns 42,083 shares of the basic materials company’s stock worth $1,870,000 after purchasing an additional 313 shares during the last quarter. Finally, Fuller & Thaler Asset Management Inc. grew its holdings in shares of Celanese by 15.8% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 4,094,781 shares of the basic materials company’s stock worth $173,127,000 after purchasing an additional 558,391 shares during the last quarter. 98.87% of the stock is owned by institutional investors.

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.