Hsbc Holdings PLC Invests $2.31 Million in Celanese Corporation $CE

Hsbc Holdings PLC purchased a new stake in Celanese Corporation (NYSE:CE) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 50,877 shares of the basic materials company’s stock, valued at approximately $2,307,000.

Other large investors have also recently bought and sold shares of the company. Geneos Wealth Management Inc. increased its stake in Celanese by 111.1% in the second quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 270 shares during the period. National Bank of Canada FI acquired a new stake in shares of Celanese during the third quarter worth about $34,000. Smartleaf Asset Management LLC grew its holdings in shares of Celanese by 100.0% during the second quarter. Smartleaf Asset Management LLC now owns 662 shares of the basic materials company’s stock worth $38,000 after buying an additional 331 shares during the last quarter. UMB Bank n.a. grew its holdings in shares of Celanese by 175.7% during the fourth quarter. UMB Bank n.a. now owns 896 shares of the basic materials company’s stock worth $38,000 after buying an additional 571 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new position in Celanese in the 4th quarter valued at about $41,000. Institutional investors and hedge funds own 98.87% of the company’s stock.

Celanese Price Performance

Shares of CE opened at $44.95 on Monday. Celanese Corporation has a twelve month low of $35.13 and a twelve month high of $70.70. The stock’s 50 day moving average is $46.00 and its two-hundred day moving average is $53.57. The firm has a market capitalization of $4.93 billion, a PE ratio of -4.20, a P/E/G ratio of 0.29 and a beta of 0.76. The company has a current ratio of 1.45, a quick ratio of 0.87 and a debt-to-equity ratio of 2.33.

Celanese (NYSE:CE) last issued its earnings results on Tuesday, August 4th. The basic materials company reported $2.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.23 by $0.22. The business had revenue of $2.75 billion during the quarter, compared to the consensus estimate of $2.75 billion. Celanese had a positive return on equity of 13.04% and a negative net margin of 12.04%.The company’s revenue for the quarter was up 8.7% on a year-over-year basis. During the same period in the prior year, the business posted $1.44 EPS. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. Research analysts anticipate that Celanese Corporation will post 5.99 earnings per share for the current year.

Celanese Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Tuesday, July 28th were given a $0.03 dividend. The ex-dividend date was Tuesday, July 28th. This represents a $0.12 annualized dividend and a yield of 0.3%. Celanese’s dividend payout ratio is presently -1.12%.

Insider Transactions at Celanese

In other Celanese news, SVP Mark Christopher Murray bought 2,153 shares of Celanese stock in a transaction on Tuesday, August 11th. The stock was bought at an average price of $45.52 per share, with a total value of $98,004.56. Following the completion of the acquisition, the senior vice president owned 30,432 shares in the company, valued at $1,385,264.64. The trade was a 7.61% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on CE. Bank of America decreased their price objective on Celanese from $72.00 to $63.00 and set a “buy” rating for the company in a research report on Tuesday, June 30th. Deutsche Bank Aktiengesellschaft set a $50.00 target price on Celanese in a report on Thursday, August 6th. Weiss Ratings restated a “sell (d-)” rating on shares of Celanese in a research note on Friday, August 21st. Citigroup decreased their price target on Celanese from $80.00 to $68.00 and set a “buy” rating for the company in a report on Wednesday, June 24th. Finally, BMO Capital Markets dropped their price objective on shares of Celanese from $57.00 to $54.00 and set a “market perform” rating on the stock in a research note on Wednesday, August 5th. Nine equities research 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. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $63.71.

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.