Tectonic Advisors LLC Boosts Stock Holdings in Celanese Corporation $CE

Tectonic Advisors LLC grew its position in shares of Celanese Corporation (NYSE:CE) by 22.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,624 shares of the basic materials company’s stock after buying an additional 1,948 shares during the quarter. Tectonic Advisors LLC’s holdings in Celanese were worth $588,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. Dodge & Cox lifted its position in Celanese by 13.0% during the first quarter. Dodge & Cox now owns 15,391,416 shares of the basic materials company’s stock valued at $873,771,000 after purchasing an additional 1,773,354 shares during the period. Price T Rowe Associates Inc. MD lifted its position in Celanese by 134.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 3,566,226 shares of the basic materials company’s stock valued at $202,455,000 after purchasing an additional 2,044,662 shares during the period. Fuller & Thaler Asset Management Inc. lifted its position in Celanese by 35.0% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 3,164,150 shares of the basic materials company’s stock valued at $179,629,000 after purchasing an additional 819,489 shares during the period. Federated Hermes Inc. lifted its position in Celanese by 9,132.0% during the first quarter. Federated Hermes Inc. now owns 1,801,349 shares of the basic materials company’s stock valued at $102,263,000 after purchasing an additional 1,781,837 shares during the period. Finally, Brandywine Global Investment Management LLC lifted its position in Celanese by 32.7% during the first quarter. Brandywine Global Investment Management LLC now owns 1,265,895 shares of the basic materials company’s stock valued at $71,865,000 after purchasing an additional 312,093 shares during the period. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Wall Street Analyst Weigh In

CE has been the topic of a number of research analyst reports. UBS Group lowered their price objective on shares of Celanese from $49.00 to $48.00 and set a “neutral” rating on the stock in a research report on Monday. Alembic Global Advisors set a $60.00 price objective on shares of Celanese in a research report on Monday, August 25th. Citigroup upgraded shares of Celanese from a “neutral” rating to a “buy” rating and increased their price objective for the company from $47.00 to $53.00 in a research report on Thursday, October 2nd. Weiss Ratings reiterated a “sell (d)” rating on shares of Celanese in a research report on Wednesday. Finally, Cfra Research upgraded shares of Celanese to a “moderate sell” rating in a research report on Tuesday, August 12th. Seven research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Celanese currently has a consensus rating of “Hold” and a consensus price target of $56.33.

Insider Activity

In other news, Director Timothy Go acquired 1,039 shares of Celanese stock in a transaction dated Monday, September 8th. The stock was purchased at an average cost of $46.25 per share, with a total value of $48,053.75. Following the completion of the purchase, the director directly owned 4,415 shares in the company, valued at approximately $204,193.75. This trade represents a 30.78% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.33% of the stock is currently owned by company insiders.

Celanese Stock Performance

Shares of NYSE CE opened at $42.20 on Friday. The firm has a fifty day moving average price of $45.05 and a 200-day moving average price of $49.71. The company has a debt-to-equity ratio of 2.22, a current ratio of 2.05 and a quick ratio of 1.22. The stock has a market cap of $4.62 billion, a PE ratio of -2.85, a price-to-earnings-growth ratio of 1.93 and a beta of 1.13. Celanese Corporation has a 1 year low of $36.29 and a 1 year high of $137.36.

Celanese (NYSE:CE) last announced its quarterly earnings data on Monday, August 11th. The basic materials company reported $1.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.06. The firm had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.50 billion. Celanese had a negative net margin of 16.30% and a positive return on equity of 10.48%. The company’s revenue for the quarter was down 4.5% compared to the same quarter last year. During the same period in the prior year, the company posted $2.38 earnings per share. Celanese has set its Q3 2025 guidance at 1.100-1.400 EPS. Equities analysts anticipate that Celanese Corporation will post 8.79 earnings per share for the current fiscal year.

Celanese Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 11th. Stockholders of record on Tuesday, July 29th were paid a $0.03 dividend. The ex-dividend date of this dividend was Tuesday, July 29th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%. Celanese’s dividend payout ratio is -0.81%.

Celanese Company Profile

Celanese Corporation, a chemical and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. It operates through Engineered Materials and Acetyl Chain. The Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics.