Celanese Corporation $CE Stock Position Lowered by Maryland State Retirement & Pension System

Maryland State Retirement & Pension System trimmed its position in shares of Celanese Corporation (NYSE:CE) by 44.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 20,841 shares of the basic materials company’s stock after selling 16,411 shares during the period. Maryland State Retirement & Pension System’s holdings in Celanese were worth $877,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. Geneos Wealth Management Inc. grew its holdings in shares of Celanese by 111.1% during 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 in the last quarter. SBI Securities Co. Ltd. boosted its position in Celanese by 55.4% during the 2nd quarter. SBI Securities Co. Ltd. now owns 623 shares of the basic materials company’s stock worth $34,000 after acquiring an additional 222 shares during the period. Versant Capital Management Inc grew its stake in Celanese by 140.4% during the 3rd quarter. Versant Capital Management Inc now owns 827 shares of the basic materials company’s stock valued at $35,000 after acquiring an additional 483 shares in the last quarter. Salomon & Ludwin LLC acquired a new position in shares of Celanese in the 3rd quarter valued at about $36,000. Finally, Smartleaf Asset Management LLC lifted its position 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 worth $38,000 after purchasing an additional 331 shares in the last quarter. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Celanese Price Performance

NYSE CE opened at $48.13 on Thursday. Celanese Corporation has a fifty-two week low of $35.13 and a fifty-two week high of $75.84. The stock’s 50-day moving average is $42.08 and its two-hundred day moving average is $44.91. The firm has a market cap of $5.27 billion, a P/E ratio of -1.70 and a beta of 1.12. The company has a debt-to-equity ratio of 2.66, a current ratio of 1.63 and a quick ratio of 1.04.

Celanese (NYSE:CE) last released its quarterly earnings results on Thursday, November 6th. The basic materials company reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.51 billion. During the same quarter in the prior year, the company posted $2.44 EPS. The firm’s revenue was down 8.6% on a year-over-year basis. Celanese has set its Q4 2025 guidance at 0.850-1.000 EPS. On average, analysts anticipate that Celanese Corporation will post 8.79 earnings per share for the current fiscal year.

Insider Activity at Celanese

In other news, CFO Chuck Kyrish acquired 5,000 shares of Celanese stock in a transaction dated Tuesday, December 9th. The stock was acquired at an average cost of $41.03 per share, for a total transaction of $205,150.00. Following the completion of the purchase, the chief financial officer owned 10,914 shares of the company’s stock, valued at $447,801.42. This represents a 84.55% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 0.33% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on CE shares. Tudor Pickering raised shares of Celanese from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 11th. UBS Group upped their price target on shares of Celanese from $49.00 to $50.00 and gave the stock a “neutral” rating in a research note on Monday, January 12th. Evercore ISI reduced their price objective on Celanese from $75.00 to $45.00 and set an “in-line” rating for the company in a research report on Tuesday, November 11th. Morgan Stanley assumed coverage on Celanese in a research note on Tuesday. They issued an “equal weight” rating and a $50.00 target price on the stock. Finally, Bank of America cut their price target on Celanese from $59.00 to $57.00 and set a “buy” rating for the company in a research note on Tuesday, October 14th. Six investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Celanese currently has a consensus rating of “Hold” and an average target price of $53.06.

Celanese 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.