Woodline Partners LP Acquires Shares of 337,537 Celestica, Inc. $CLS

Woodline Partners LP acquired a new stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 337,537 shares of the technology company’s stock, valued at approximately $26,601,000. Woodline Partners LP owned about 0.29% of Celestica as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Consolidated Planning Corp purchased a new position in shares of Celestica during the 1st quarter valued at about $3,361,000. BNP Paribas Financial Markets raised its stake in shares of Celestica by 79.3% during the 1st quarter. BNP Paribas Financial Markets now owns 991,776 shares of the technology company’s stock valued at $78,162,000 after buying an additional 438,762 shares during the last quarter. Royal Bank of Canada raised its stake in shares of Celestica by 1.5% during the 1st quarter. Royal Bank of Canada now owns 1,280,563 shares of the technology company’s stock valued at $100,922,000 after buying an additional 19,391 shares during the last quarter. Summerhill Capital Management lnc. purchased a new position in shares of Celestica during the 1st quarter valued at about $2,283,000. Finally, Think Investments LP purchased a new position in shares of Celestica during the 1st quarter valued at about $14,939,000. Hedge funds and other institutional investors own 67.38% of the company’s stock.

Wall Street Analysts Forecast Growth

CLS has been the subject of several recent analyst reports. Canaccord Genuity Group lifted their price target on Celestica from $126.00 to $240.00 and gave the company a “buy” rating in a research note on Wednesday, July 30th. Citigroup lifted their price target on Celestica from $172.00 to $212.00 and gave the company a “neutral” rating in a research note on Wednesday, July 30th. JPMorgan Chase & Co. lifted their price target on Celestica from $225.00 to $295.00 and gave the company an “overweight” rating in a research note on Monday. BMO Capital Markets restated an “outperform” rating and issued a $130.00 price target (up previously from $118.00) on shares of Celestica in a research note on Thursday, May 22nd. Finally, Royal Bank Of Canada lifted their price target on Celestica from $185.00 to $225.00 and gave the company an “outperform” rating in a research note on Wednesday, July 30th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $174.75.

Celestica Trading Down 0.1%

CLS stock opened at $243.99 on Wednesday. The company has a current ratio of 1.44, a quick ratio of 0.86 and a debt-to-equity ratio of 0.48. Celestica, Inc. has a 12-month low of $41.74 and a 12-month high of $257.40. The stock has a market cap of $28.07 billion, a price-to-earnings ratio of 52.81 and a beta of 1.89. The business’s 50-day moving average is $187.64 and its 200 day moving average is $132.14.

Celestica (NYSE:CLS) (TSE:CLS) last posted its quarterly earnings data on Monday, July 28th. The technology company reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.16. Celestica had a return on equity of 28.23% and a net margin of 5.11%.The company had revenue of $2.89 billion for the quarter, compared to analysts’ expectations of $2.65 billion. During the same period in the previous year, the firm posted $0.91 EPS. Celestica’s revenue was up 21.0% compared to the same quarter last year. Celestica has set its Q3 2025 guidance at 1.370-1.530 EPS. FY 2025 guidance at 5.500-5.500 EPS. On average, sell-side analysts anticipate that Celestica, Inc. will post 4.35 EPS for the current fiscal year.

Celestica Profile

Celestica Inc provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.