Sei Investments Co. Buys 65,772 Shares of Celanese Corporation $CE

Sei Investments Co. grew its position in Celanese Corporation (NYSE:CE) by 55.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 184,226 shares of the basic materials company’s stock after purchasing an additional 65,772 shares during the period. Sei Investments Co.’s holdings in Celanese were worth $12,117,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of CE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Celanese by 41.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,450 shares of the basic materials company’s stock valued at $1,842,000 after buying an additional 9,543 shares during the period. NewEdge Advisors LLC lifted its holdings in Celanese by 265.2% during the 1st quarter. NewEdge Advisors LLC now owns 5,032 shares of the basic materials company’s stock worth $286,000 after purchasing an additional 3,654 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake 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. Baird Financial Group Inc. boosted its stake 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. Finally, California Public Employees Retirement System grew its holdings in Celanese by 6.5% during the 2nd quarter. California Public Employees Retirement System now owns 184,980 shares of the basic materials company’s stock valued at $10,235,000 after buying an additional 11,347 shares in the last quarter. 98.87% of the stock is owned by hedge funds and other institutional investors.

Celanese Price Performance

Shares of NYSE CE opened at $44.69 on Friday. The stock’s 50-day simple moving average is $49.06 and its two-hundred day simple moving average is $53.96. Celanese Corporation has a twelve month low of $35.13 and a twelve month high of $70.70. The firm has a market capitalization of $4.90 billion, a P/E ratio of -4.46, a P/E/G ratio of 0.28 and a beta of 0.76. The company has a quick ratio of 0.85, a current ratio of 1.38 and a debt-to-equity ratio of 2.41.

Celanese (NYSE:CE) last issued its quarterly earnings results on Tuesday, May 5th. The basic materials company reported $0.85 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.03). The business had revenue of $2.34 billion for the quarter, compared to the consensus estimate 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 was down 2.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.57 EPS. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. As a group, equities analysts anticipate that Celanese Corporation will post 6.01 EPS for the current fiscal year.

Celanese Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Tuesday, July 28th will be paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Tuesday, July 28th. Celanese’s dividend payout ratio (DPR) is currently -1.20%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on CE shares. Wall Street Zen cut Celanese from a “buy” rating to a “hold” rating in a research report on Saturday, June 20th. Mizuho cut their price objective on shares of Celanese from $65.00 to $55.00 and set a “neutral” rating for the company in a research report on Wednesday, July 1st. Morgan Stanley reduced their price objective on shares of Celanese from $72.00 to $58.00 and set an “equal weight” rating for the company in a research note on Thursday, July 16th. JPMorgan Chase & Co. upped their target price on shares of Celanese from $53.00 to $68.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Finally, Royal Bank Of Canada increased their target price on shares of Celanese from $66.00 to $68.00 and gave the stock a “sector perform” rating in a research note on Monday, May 11th. Ten investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Celanese presently has an average rating of “Moderate Buy” and an average target price of $65.94.

Celanese Company 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.