Hsbc Holdings PLC Raises Stake in Celanese Corporation $CE

Hsbc Holdings PLC increased its holdings in Celanese Corporation (NYSE:CE) by 14.9% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 121,112 shares of the basic materials company’s stock after buying an additional 15,677 shares during the period. Hsbc Holdings PLC’s holdings in Celanese were worth $7,939,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Royal Bank of Canada lifted its stake in Celanese by 1,539.8% during the 4th quarter. Royal Bank of Canada now owns 2,133,216 shares of the basic materials company’s stock valued at $90,192,000 after acquiring an additional 2,003,127 shares during the period. Capital Research Global Investors increased its stake in shares of Celanese by 24.0% in the fourth quarter. Capital Research Global Investors now owns 5,565,556 shares of the basic materials company’s stock worth $235,312,000 after acquiring an additional 1,076,645 shares during the period. Turtle Creek Asset Management Inc. raised its holdings 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 worth $215,255,000 after purchasing an additional 887,600 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Celanese by 103.7% during the second quarter. Bank of America Corp DE now owns 1,645,689 shares of the basic materials company’s stock worth $91,056,000 after purchasing an additional 837,944 shares during the last quarter. Finally, Holocene Advisors LP lifted its position in Celanese by 872.6% during the third quarter. Holocene Advisors LP now owns 693,796 shares of the basic materials company’s stock valued at $29,195,000 after purchasing an additional 622,460 shares during the period. 98.87% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

CE has been the topic of several recent research reports. Royal Bank Of Canada upped their price target on shares of Celanese from $66.00 to $68.00 and gave the company a “sector perform” rating in a report on Monday, May 11th. Mizuho reduced their price objective on Celanese from $65.00 to $55.00 and set a “neutral” rating for the company in a research note on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $60.00 price objective on shares of Celanese in a report on Wednesday. Bank of America dropped their target price on Celanese from $72.00 to $63.00 and set a “buy” rating on the stock in a report on Tuesday, June 30th. Finally, Morgan Stanley decreased their price target on Celanese from $72.00 to $58.00 and set an “equal weight” rating for the company in a report on Thursday, July 16th. Ten investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Celanese presently has a consensus rating of “Moderate Buy” and an average price target of $65.94.

Celanese Price Performance

Shares of Celanese stock opened at $47.43 on Friday. The firm has a market cap of $5.20 billion, a PE ratio of -4.74, a P/E/G ratio of 0.27 and a beta of 0.76. Celanese Corporation has a twelve month low of $35.13 and a twelve month high of $70.70. The company has a quick ratio of 0.85, a current ratio of 1.38 and a debt-to-equity ratio of 2.41. The business has a 50-day moving average price of $50.20 and a 200 day moving average price of $54.00.

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). Celanese had a positive return on equity of 9.92% and a negative net margin of 11.54%.The business had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.34 billion. During the same quarter in the prior year, the company posted $0.57 EPS. The business’s revenue for the quarter was down 2.2% compared to the same quarter last year. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. Sell-side analysts predict that Celanese Corporation will post 6.01 earnings per share for the current fiscal year.

Celanese Dividend Announcement

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

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.