Y Intercept Hong Kong Ltd Grows Stock Holdings in Celanese Corporation $CE

Y Intercept Hong Kong Ltd grew its position in shares of Celanese Corporation (NYSE:CE) by 8.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 134,844 shares of the basic materials company’s stock after acquiring an additional 11,019 shares during the period. Y Intercept Hong Kong Ltd owned about 0.12% of Celanese worth $8,869,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Vanguard Group Inc. raised its position in Celanese by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 11,840,341 shares of the basic materials company’s stock valued at $500,610,000 after purchasing an additional 90,428 shares during the last quarter. Capital Research Global Investors grew its position in shares of Celanese by 24.0% in the 4th quarter. Capital Research Global Investors now owns 5,565,556 shares of the basic materials company’s stock worth $235,312,000 after buying an additional 1,076,645 shares during the last quarter. Turtle Creek Asset Management Inc. increased its stake in shares of Celanese by 21.0% during the third quarter. Turtle Creek Asset Management Inc. now owns 5,115,365 shares of the basic materials company’s stock valued at $215,255,000 after buying an additional 887,600 shares during the period. Fuller & Thaler Asset Management Inc. raised its holdings in shares of Celanese by 15.8% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 4,094,781 shares of the basic materials company’s stock valued at $173,127,000 after acquiring an additional 558,391 shares in the last quarter. Finally, State Street Corp lifted its stake in Celanese by 2.1% in the fourth quarter. State Street Corp now owns 3,949,230 shares of the basic materials company’s stock worth $166,973,000 after acquiring an additional 80,242 shares during the period. 98.87% of the stock is owned by institutional investors.

Celanese Stock Performance

Shares of Celanese stock opened at $47.62 on Friday. The company has a current ratio of 1.38, a quick ratio of 0.85 and a debt-to-equity ratio of 2.41. The firm has a market capitalization of $5.22 billion, a P/E ratio of -4.76, a P/E/G ratio of 0.27 and a beta of 0.76. The business has a fifty day simple moving average of $54.56 and a two-hundred day simple moving average of $53.45. Celanese Corporation has a 12 month low of $35.13 and a 12 month high of $70.70.

Celanese (NYSE:CE) last released its earnings results on Tuesday, May 5th. The basic materials company reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.03). The business had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.34 billion. Celanese had a positive return on equity of 9.92% and a negative net margin of 11.54%.The firm’s quarterly revenue was down 2.2% compared to the same quarter last year. During the same period 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. On average, equities analysts forecast that Celanese Corporation will post 5.94 earnings per share for the current fiscal year.

Celanese Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, May 11th. Investors of record on Monday, April 27th were given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, April 27th. Celanese’s dividend payout ratio (DPR) is -1.20%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Wall Street Zen cut shares of Celanese from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. UBS Group raised their target price on shares of Celanese from $58.00 to $64.00 and gave the stock a “neutral” rating in a research report on Thursday, April 9th. Citigroup cut their target price on shares of Celanese from $80.00 to $68.00 and set a “buy” rating on the stock in a research note on Wednesday, June 24th. Mizuho reduced their price target on shares of Celanese from $65.00 to $55.00 and set a “neutral” rating on the stock in a research report on Wednesday. Finally, Zacks Research raised shares of Celanese from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 21st. Ten investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $65.69.

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.