Mizuho Markets Americas LLC Has $35.07 Million Stock Position in Celanese Corporation $CE

Mizuho Markets Americas LLC lessened its holdings in Celanese Corporation (NYSE:CE) by 33.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 833,450 shares of the basic materials company’s stock after selling 414,605 shares during the quarter. Mizuho Markets Americas LLC owned 0.76% of Celanese worth $35,072,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. raised its position in shares of Celanese by 111.1% in the 2nd 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. grew its holdings in shares of Celanese by 55.4% during the second quarter. SBI Securities Co. Ltd. now owns 623 shares of the basic materials company’s stock worth $34,000 after purchasing an additional 222 shares during the last quarter. Versant Capital Management Inc increased its position in Celanese by 140.4% in 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 during the period. Salomon & Ludwin LLC bought a new position in Celanese during the 3rd quarter worth $36,000. Finally, Smartleaf Asset Management LLC boosted its holdings in Celanese by 100.0% in the second quarter. Smartleaf Asset Management LLC now owns 662 shares of the basic materials company’s stock valued at $38,000 after acquiring an additional 331 shares during the last quarter. Institutional investors own 98.87% of the company’s stock.

Insider Activity

In related news, CFO Chuck Kyrish purchased 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 9th. The stock was acquired at an average price of $41.03 per share, for a total transaction of $205,150.00. Following the completion of the acquisition, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.33% of the stock is currently owned by insiders.

Celanese Stock Down 0.2%

Shares of NYSE CE opened at $47.07 on Monday. The company has a debt-to-equity ratio of 2.66, a current ratio of 1.63 and a quick ratio of 1.04. The company has a 50-day moving average price of $41.72 and a 200-day moving average price of $45.10. The stock has a market capitalization of $5.15 billion, a P/E ratio of -1.66 and a beta of 1.12. Celanese Corporation has a 1 year low of $35.13 and a 1 year high of $75.84.

Celanese (NYSE:CE) last announced its quarterly earnings results on Thursday, November 6th. The basic materials company reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.07. The business had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.51 billion. Celanese had a negative net margin of 31.85% and a positive return on equity of 9.87%. The firm’s revenue for the quarter was down 8.6% compared to the same quarter last year. During the same quarter last year, the firm earned $2.44 EPS. Celanese has set its Q4 2025 guidance at 0.850-1.000 EPS. On average, equities research analysts forecast that Celanese Corporation will post 8.79 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on CE shares. UBS Group boosted their price target on shares of Celanese from $49.00 to $50.00 and gave the stock a “neutral” rating in a research report on Monday, January 12th. Weiss Ratings restated a “sell (d)” rating on shares of Celanese in a report on Wednesday, October 8th. Wells Fargo & Company reiterated an “equal weight” rating and set a $45.00 price target (down from $55.00) on shares of Celanese in a report on Friday, December 19th. Citigroup lifted their price objective on Celanese from $56.00 to $63.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Tudor Pickering upgraded Celanese from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 11th. Six analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $53.24.

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.