Celanese (NYSE:CE) SVP Mark Christopher Murray Buys 2,153 Shares

Celanese Corporation (NYSE:CE) SVP Mark Christopher Murray acquired 2,153 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired at an average price of $45.52 per share, for a total transaction of $98,004.56. Following the completion of the acquisition, the senior vice president directly owned 30,432 shares of the company’s stock, valued at $1,385,264.64. This trade represents a 7.61% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.

Celanese Price Performance

CE opened at $43.46 on Thursday. The company has a fifty day moving average price of $47.52 and a two-hundred day moving average price of $53.87. The firm has a market capitalization of $4.77 billion, a PE ratio of -4.07, a P/E/G ratio of 0.29 and a beta of 0.76. Celanese Corporation has a 52 week low of $35.13 and a 52 week high of $70.70. The company has a debt-to-equity ratio of 2.33, a quick ratio of 0.87 and a current ratio of 1.45.

Celanese (NYSE:CE) last posted its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $2.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.23 by $0.22. Celanese had a positive return on equity of 13.04% and a negative net margin of 12.04%.The business had revenue of $2.75 billion for the quarter, compared to analyst estimates of $2.75 billion. During the same period last year, the company earned $1.44 EPS. The firm’s revenue was up 8.7% on a year-over-year basis. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. As a group, analysts anticipate that Celanese Corporation will post 5.94 earnings per share for the current year.

Celanese Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Tuesday, July 28th were issued a dividend of $0.03 per share. The ex-dividend date was Tuesday, July 28th. This represents a $0.12 dividend on an annualized basis and a yield of 0.3%. Celanese’s dividend payout ratio (DPR) is -1.12%.

Institutional Investors Weigh In On Celanese

Large investors have recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in shares of Celanese in the second quarter valued at about $614,675,000. Royal Bank of Canada grew its holdings in shares of Celanese by 1,539.8% during the fourth quarter. Royal Bank of Canada now owns 2,133,216 shares of the basic materials company’s stock worth $90,192,000 after buying an additional 2,003,127 shares in the last quarter. Capital Research Global Investors lifted its stake in 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 valued at $235,312,000 after acquiring an additional 1,076,645 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Celanese by 83.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,187,235 shares of the basic materials company’s stock worth $143,849,000 after acquiring an additional 993,193 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Celanese during the 2nd quarter worth approximately $44,564,000. Institutional investors own 98.87% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Citigroup reduced their price objective 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. Deutsche Bank Aktiengesellschaft set a $50.00 price target on shares of Celanese in a research report on Thursday, August 6th. Weiss Ratings restated a “sell (d-)” rating on shares of Celanese in a research report on Tuesday, May 26th. JPMorgan Chase & Co. lifted their target price on Celanese from $53.00 to $68.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Finally, Zacks Research raised Celanese from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 21st. Nine research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Celanese currently has a consensus rating of “Hold” and a consensus price target of $63.47.

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.