Jump Financial LLC Reduces Stock Holdings in Celanese Corporation $CE

Jump Financial LLC lowered its stake in shares of Celanese Corporation (NYSE:CE) by 11.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 347,672 shares of the basic materials company’s stock after selling 44,566 shares during the quarter. Jump Financial LLC’s holdings in Celanese were worth $19,237,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of CE. Amundi raised its stake in shares of Celanese by 81.2% in the second quarter. Amundi now owns 381,615 shares of the basic materials company’s stock valued at $23,134,000 after acquiring an additional 171,061 shares during the period. Marshall Wace LLP grew its holdings in Celanese by 706.8% during the 2nd quarter. Marshall Wace LLP now owns 819,833 shares of the basic materials company’s stock valued at $45,361,000 after purchasing an additional 718,218 shares during the last quarter. Baird Financial Group Inc. raised its position in Celanese by 42.1% in the 2nd quarter. Baird Financial Group Inc. now owns 7,768 shares of the basic materials company’s stock worth $430,000 after purchasing an additional 2,303 shares during the period. EverSource Wealth Advisors LLC raised its position in Celanese by 144.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,276 shares of the basic materials company’s stock worth $71,000 after purchasing an additional 755 shares during the period. Finally, Quantbot Technologies LP lifted its stake in Celanese by 187.1% in the second quarter. Quantbot Technologies LP now owns 92,834 shares of the basic materials company’s stock worth $5,137,000 after purchasing an additional 60,497 shares during the last quarter. 98.87% of the stock is currently owned by institutional investors.

Celanese Stock Up 1.9%

Shares of NYSE CE opened at $40.60 on Friday. Celanese Corporation has a 12-month low of $35.13 and a 12-month high of $75.84. The stock’s fifty day simple moving average is $40.33 and its two-hundred day simple moving average is $47.70. The stock has a market capitalization of $4.45 billion, a PE ratio of -1.44 and a beta of 1.13. The company has a current ratio of 1.63, a quick ratio of 1.04 and a debt-to-equity ratio of 2.66.

Celanese (NYSE:CE) last issued its quarterly earnings data on Thursday, November 6th. The basic materials company reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.27 by $0.07. Celanese had a positive return on equity of 9.87% and a negative net margin of 31.85%.The firm had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.51 billion. During the same period in the prior year, the business posted $2.44 EPS. The firm’s quarterly revenue was down 8.6% on a year-over-year basis. Celanese has set its Q4 2025 guidance at 0.850-1.000 EPS. As a group, analysts expect that Celanese Corporation will post 8.79 EPS for the current fiscal year.

Celanese Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 12th. Stockholders of record on Tuesday, October 28th were issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Tuesday, October 28th. Celanese’s dividend payout ratio (DPR) is currently -0.42%.

Insider Activity

In other news, Director Timothy Go acquired 1,039 shares of Celanese stock in a transaction that occurred on Monday, September 8th. The stock was purchased at an average price of $46.25 per share, for a total transaction of $48,053.75. Following the purchase, the director directly owned 4,415 shares in the company, valued at $204,193.75. The trade was a 30.78% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. 0.33% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on CE shares. UBS Group increased their price target on Celanese from $48.00 to $49.00 and gave the stock a “neutral” rating in a report on Wednesday, November 12th. Cfra Research upgraded Celanese to a “moderate sell” rating in a report on Tuesday, August 12th. Royal Bank Of Canada set a $43.00 price objective on Celanese in a report on Tuesday, October 14th. Evercore ISI lowered their target price on Celanese from $75.00 to $45.00 and set an “in-line” rating for the company in a report on Tuesday, November 11th. Finally, Jefferies Financial Group cut their price target on Celanese from $47.00 to $43.00 and set a “hold” rating on the stock in a research note on Monday, September 8th. Seven research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $54.78.

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.