Celestica, Inc. $CLS Shares Sold by Warren Street Wealth Advisors LLC

Warren Street Wealth Advisors LLC lowered its stake in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 45.0% during the second quarter, Holdings Channel.com reports. The fund owned 2,246 shares of the technology company’s stock after selling 1,841 shares during the quarter. Warren Street Wealth Advisors LLC’s holdings in Celestica were worth $351,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. ST Germain D J Co. Inc. acquired a new stake in Celestica during the 2nd quarter worth $37,000. Wolff Wiese Magana LLC boosted its stake in Celestica by 45.6% during the 2nd quarter. Wolff Wiese Magana LLC now owns 364 shares of the technology company’s stock worth $57,000 after purchasing an additional 114 shares during the last quarter. ORG Partners LLC acquired a new stake in Celestica during the 1st quarter worth $29,000. Center for Financial Planning Inc. acquired a new stake in Celestica during the 1st quarter worth $30,000. Finally, Oakworth Capital Inc. acquired a new stake in Celestica during the 2nd quarter worth $73,000. Institutional investors and hedge funds own 67.38% of the company’s stock.

Celestica Stock Up 2.2%

Shares of CLS opened at $251.91 on Thursday. The firm has a market cap of $28.98 billion, a P/E ratio of 54.53 and a beta of 1.88. Celestica, Inc. has a 12-month low of $48.97 and a 12-month high of $261.83. The company’s 50-day moving average price is $216.09 and its 200 day moving average price is $148.89. 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 (NYSE:CLS) (TSE:CLS) last issued its quarterly earnings data on Monday, July 28th. The technology company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $0.16. The firm had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.65 billion. Celestica had a net margin of 5.11% and a return on equity of 28.23%. Celestica’s revenue was up 21.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.91 EPS. 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 forecast that Celestica, Inc. will post 4.35 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Canaccord Genuity Group lifted their target price on shares of Celestica from $126.00 to $240.00 and gave the stock a “buy” rating in a research note on Wednesday, July 30th. CICC Research initiated coverage on shares of Celestica in a research report on Tuesday, August 19th. They set an “outperform” rating on the stock. Citigroup boosted their price target on shares of Celestica from $172.00 to $212.00 and gave the company a “neutral” rating in a research report on Wednesday, July 30th. JPMorgan Chase & Co. boosted their price target on shares of Celestica from $225.00 to $295.00 and gave the company an “overweight” rating in a research report on Monday, September 8th. Finally, Barclays boosted their price target on shares of Celestica from $146.00 to $220.00 and gave the company an “overweight” rating in a research report on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Celestica presently has a consensus rating of “Moderate Buy” and a consensus price target of $184.38.

About Celestica

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.