Wealth Enhancement Advisory Services LLC Lowers Stock Position in Celanese Corporation $CE

Wealth Enhancement Advisory Services LLC decreased its holdings in Celanese Corporation (NYSE:CE) by 39.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,003 shares of the basic materials company’s stock after selling 15,852 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Celanese were worth $1,068,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its stake in shares of Celanese by 12.8% during the third quarter. JPMorgan Chase & Co. now owns 259,196 shares of the basic materials company’s stock worth $10,907,000 after buying an additional 29,392 shares during the period. Saranac Partners Ltd acquired a new position in shares of Celanese in the third quarter valued at approximately $61,000. EMC Capital Management raised its stake in shares of Celanese by 72.0% during the third quarter. EMC Capital Management now owns 4,300 shares of the basic materials company’s stock worth $181,000 after purchasing an additional 1,800 shares during the last quarter. Danske Bank A S purchased a new stake in shares of Celanese during the third quarter worth approximately $50,000. Finally, Advisory Services Network LLC acquired a new stake in shares of Celanese during the third quarter worth $90,000. 98.87% of the stock is owned by hedge funds and other institutional investors.

Celanese Stock Performance

NYSE CE opened at $64.13 on Monday. The business has a 50 day moving average price of $55.09 and a 200 day moving average price of $46.49. The company has a market capitalization of $7.03 billion, a P/E ratio of -6.05, a PEG ratio of 0.45 and a beta of 0.85. Celanese Corporation has a 1-year low of $35.13 and a 1-year high of $67.82. The company has a debt-to-equity ratio of 2.55, a current ratio of 1.55 and a quick ratio of 0.94.

Celanese (NYSE:CE) last posted its earnings results on Tuesday, February 17th. The basic materials company reported $0.67 earnings per share for the quarter, missing the consensus estimate of $0.89 by ($0.22). Celanese had a negative net margin of 12.15% and a positive return on equity of 8.75%. The firm had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.25 billion. During the same period last year, the company posted $1.45 EPS. The firm’s revenue for the quarter was down 6.5% on a year-over-year basis. Celanese has set its Q1 2026 guidance at 0.700-0.850 EPS. Sell-side analysts expect that Celanese Corporation will post 8.79 EPS for the current fiscal year.

Celanese Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 24th were given a $0.03 dividend. The ex-dividend date was Tuesday, February 24th. This represents a $0.12 annualized dividend and a dividend yield of 0.2%. Celanese’s dividend payout ratio is currently -1.13%.

Wall Street Analyst Weigh In

CE has been the subject of a number of analyst reports. JPMorgan Chase & Co. upped their price objective on shares of Celanese from $40.00 to $53.00 and gave the stock a “neutral” rating in a research report on Thursday, February 19th. Robert W. Baird boosted their price target on shares of Celanese from $65.00 to $75.00 and gave the stock an “outperform” rating in a research note on Friday, March 27th. Wells Fargo & Company upgraded shares of Celanese from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $55.00 to $70.00 in a research report on Friday, March 13th. Weiss Ratings reiterated a “sell (d)” rating on shares of Celanese in a research report on Wednesday, January 21st. Finally, UBS Group lifted their price target on Celanese from $56.00 to $58.00 and gave the company a “neutral” rating in a research note on Wednesday, March 18th. Nine research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, Celanese has an average rating of “Hold” and an average price target of $61.39.

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.