Twin Capital Management Inc. Takes Position in Celanese Corporation $CE

Twin Capital Management Inc. purchased a new stake in shares of Celanese Corporation (NYSE:CE) during the 4th quarter, Holdings Channel.com reports. The fund purchased 18,290 shares of the basic materials company’s stock, valued at approximately $773,000.

Other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in Celanese by 12.8% in the third quarter. JPMorgan Chase & Co. now owns 259,196 shares of the basic materials company’s stock valued at $10,907,000 after acquiring an additional 29,392 shares during the last quarter. Great Lakes Advisors LLC bought a new position in Celanese in the third quarter valued at approximately $3,171,000. AMG National Trust Bank boosted its stake in Celanese by 270.1% in the third quarter. AMG National Trust Bank now owns 70,322 shares of the basic materials company’s stock valued at $2,959,000 after acquiring an additional 51,322 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in Celanese by 21.5% in the third quarter. Russell Investments Group Ltd. now owns 1,214,487 shares of the basic materials company’s stock valued at $51,104,000 after acquiring an additional 214,632 shares during the last quarter. Finally, Fox Run Management L.L.C. boosted its stake in Celanese by 406.9% in the third quarter. Fox Run Management L.L.C. now owns 42,175 shares of the basic materials company’s stock valued at $1,775,000 after acquiring an additional 33,854 shares during the last quarter. 98.87% of the stock is owned by institutional investors.

Celanese Trading Down 1.2%

CE opened at $52.83 on Friday. The firm’s fifty day moving average is $61.57 and its two-hundred day moving average is $51.08. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.85 and a current ratio of 1.38. The firm has a market cap of $5.79 billion, a PE ratio of -5.28, a price-to-earnings-growth ratio of 0.33 and a beta of 0.81. Celanese Corporation has a twelve month low of $35.13 and a twelve month high of $70.70.

Celanese (NYSE:CE) last posted its earnings results on Tuesday, May 5th. The basic materials company reported $0.85 earnings per share for the quarter, missing the consensus estimate of $0.88 by ($0.03). The firm had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.34 billion. Celanese had a positive return on equity of 9.92% and a negative net margin of 11.54%.The company’s revenue for the quarter was down 2.2% on a year-over-year basis. During the same quarter last year, the business posted $0.57 earnings per share. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. Equities research analysts anticipate that Celanese Corporation will post 5.65 EPS for the current year.

Celanese Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, May 11th. Shareholders of record on Monday, April 27th were issued a $0.03 dividend. The ex-dividend date was Monday, April 27th. This represents a $0.12 annualized dividend and a yield of 0.2%. Celanese’s dividend payout ratio (DPR) is -1.20%.

Analyst Ratings Changes

A number of equities analysts have issued reports on CE shares. Mizuho raised their price objective on shares of Celanese from $58.00 to $65.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Tudor Pickering raised shares of Celanese from a “hold” rating to a “buy” rating in a research note on Monday, March 9th. Robert W. Baird raised their price objective on shares of Celanese from $65.00 to $75.00 and gave the company an “outperform” rating in a research note on Friday, March 27th. Evercore set a $63.00 price objective on shares of Celanese in a research note on Wednesday, February 18th. Finally, Morgan Stanley raised their price objective on shares of Celanese from $50.00 to $72.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 5th. Ten research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $67.81.

About Celanese

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.