Celanese Corporation $CE Shares Acquired by Muhlenkamp & Co. Inc.

Muhlenkamp & Co. Inc. lifted its holdings in shares of Celanese Corporation (NYSE:CE) by 13.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 209,403 shares of the basic materials company’s stock after purchasing an additional 24,948 shares during the quarter. Celanese comprises about 2.4% of Muhlenkamp & Co. Inc.’s holdings, making the stock its 19th biggest holding. Muhlenkamp & Co. Inc. owned about 0.19% of Celanese worth $8,854,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Oregon Public Employees Retirement Fund lifted its position in shares of Celanese by 1.2% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 25,015 shares of the basic materials company’s stock worth $1,058,000 after purchasing an additional 300 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Celanese in the fourth quarter valued at approximately $1,482,000. Bailard Inc. acquired a new stake in Celanese in the fourth quarter valued at approximately $224,000. KLCM Advisors Inc. acquired a new stake in Celanese in the fourth quarter valued at approximately $313,000. Finally, Swiss Life Asset Management Ltd acquired a new stake in Celanese in the fourth quarter valued at approximately $211,000. Institutional investors and hedge funds own 98.87% of the company’s stock.

Wall Street Analysts Forecast Growth

CE has been the topic of several analyst reports. UBS Group raised their target price on shares of Celanese from $58.00 to $64.00 and gave the company a “neutral” rating in a report on Thursday, April 9th. Evercore set a $63.00 target price on shares of Celanese in a report on Wednesday, February 18th. Royal Bank Of Canada raised their target price on shares of Celanese from $66.00 to $68.00 and gave the company a “sector perform” rating in a report on Monday. Bank of America raised their target price on shares of Celanese from $70.00 to $75.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Finally, Wells Fargo & Company raised their target price on shares of Celanese from $75.00 to $80.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Ten investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Celanese currently has an average rating of “Moderate Buy” and a consensus price target of $67.81.

Celanese Stock Performance

Shares of Celanese stock opened at $60.01 on Thursday. The firm has a market capitalization of $6.58 billion, a P/E ratio of -5.99, a P/E/G ratio of 0.37 and a beta of 0.81. Celanese Corporation has a 52 week low of $35.13 and a 52 week high of $70.70. The company has a quick ratio of 0.85, a current ratio of 1.38 and a debt-to-equity ratio of 2.41. The firm’s 50 day moving average is $61.11 and its two-hundred day moving average is $50.47.

Celanese (NYSE:CE) last announced its quarterly earnings results on Tuesday, May 5th. The basic materials company reported $0.85 EPS for the quarter, missing the consensus estimate of $0.88 by ($0.03). The company had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.34 billion. Celanese had a negative net margin of 11.54% and a positive return on equity of 9.92%. The business’s revenue for the quarter was down 2.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.57 earnings per share. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. Research analysts forecast that Celanese Corporation will post 5.65 EPS for the current fiscal year.

Celanese Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, May 11th. Shareholders of record on Monday, April 27th were paid a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.2%. The ex-dividend date was Monday, April 27th. Celanese’s dividend payout ratio is currently -1.20%.

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.