SG Americas Securities LLC Cuts Position in Celanese Corporation $CE

SG Americas Securities LLC reduced its stake in shares of Celanese Corporation (NYSE:CE) by 97.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,204 shares of the basic materials company’s stock after selling 111,030 shares during the period. SG Americas Securities LLC’s holdings in Celanese were worth $135,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Blue Trust Inc. increased its stake in Celanese by 7.0% in the 2nd quarter. Blue Trust Inc. now owns 3,089 shares of the basic materials company’s stock valued at $171,000 after purchasing an additional 201 shares in the last quarter. SBI Securities Co. Ltd. grew its holdings in Celanese by 55.4% in the second quarter. SBI Securities Co. Ltd. now owns 623 shares of the basic materials company’s stock valued at $34,000 after purchasing an additional 222 shares during the last quarter. Maryland State Retirement & Pension System increased its position in shares of Celanese by 0.7% in the second quarter. Maryland State Retirement & Pension System now owns 37,252 shares of the basic materials company’s stock valued at $2,061,000 after buying an additional 245 shares in the last quarter. Harbour Investments Inc. increased its position in shares of Celanese by 27.9% in the second quarter. Harbour Investments Inc. now owns 1,165 shares of the basic materials company’s stock valued at $64,000 after buying an additional 254 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in shares of Celanese by 111.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock worth $28,000 after buying an additional 270 shares during the last quarter. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on CE. Evercore ISI lowered their price objective on shares of Celanese from $75.00 to $45.00 and set an “in-line” rating on the stock in a research note on Tuesday, November 11th. Wells Fargo & Company reissued an “equal weight” rating and set a $45.00 price objective (down from $55.00) on shares of Celanese in a research note on Friday, December 19th. Royal Bank Of Canada upped their target price on Celanese from $43.00 to $48.00 and gave the company a “sector perform” rating in a research note on Friday, January 16th. Morgan Stanley initiated coverage on Celanese in a research report on Tuesday, January 20th. They set an “equal weight” rating and a $50.00 price target for the company. Finally, UBS Group boosted their price target on Celanese from $49.00 to $50.00 and gave the stock a “neutral” rating in a report on Monday, January 12th. 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’s stock. According to data from MarketBeat.com, Celanese has an average rating of “Hold” and an average target price of $53.06.

Insider Buying and Selling at Celanese

In related news, CFO Chuck Kyrish bought 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 9th. The shares were acquired at an average cost of $41.03 per share, with a total value of $205,150.00. Following the completion of the transaction, the chief financial officer owned 10,914 shares of the company’s stock, valued at approximately $447,801.42. The trade was a 84.55% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.33% of the stock is currently owned by insiders.

Celanese Trading Down 2.3%

Shares of CE opened at $44.38 on Friday. Celanese Corporation has a fifty-two week low of $35.13 and a fifty-two week high of $72.62. The stock has a fifty day moving average of $43.35 and a two-hundred day moving average of $44.35. The company has a debt-to-equity ratio of 2.66, a quick ratio of 1.04 and a current ratio of 1.63. The company has a market capitalization of $4.86 billion, a PE ratio of -1.57 and a beta of 1.12.

Celanese (NYSE:CE) last announced its quarterly earnings data on Thursday, November 6th. The basic materials company reported $1.34 EPS for the quarter, beating 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 business had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.51 billion. During the same quarter in the previous year, the business earned $2.44 earnings per share. The business’s revenue for the quarter 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 forecast that Celanese Corporation will post 8.79 EPS for the current year.

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.