Vanguard Group Inc. Purchases 73,022 Shares of Celestica, Inc. $CLS

Vanguard Group Inc. grew its stake in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 1.5% during the 4th quarter, HoldingsChannel reports. The fund owned 4,811,695 shares of the technology company’s stock after purchasing an additional 73,022 shares during the quarter. Vanguard Group Inc.’s holdings in Celestica were worth $1,423,333,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Pinney & Scofield Inc. grew its stake in shares of Celestica by 20.0% in the third quarter. Pinney & Scofield Inc. now owns 180 shares of the technology company’s stock worth $44,000 after acquiring an additional 30 shares during the last quarter. LeConte Wealth Management LLC grew its stake in shares of Celestica by 3.5% in the fourth quarter. LeConte Wealth Management LLC now owns 1,001 shares of the technology company’s stock worth $296,000 after acquiring an additional 34 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in shares of Celestica by 42.5% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 124 shares of the technology company’s stock worth $31,000 after acquiring an additional 37 shares during the last quarter. World Equity Group Inc. grew its stake in shares of Celestica by 1.7% in the third quarter. World Equity Group Inc. now owns 2,263 shares of the technology company’s stock worth $558,000 after acquiring an additional 38 shares during the last quarter. Finally, Terra Nova Asset Management LLC grew its stake in shares of Celestica by 2.3% in the fourth quarter. Terra Nova Asset Management LLC now owns 1,686 shares of the technology company’s stock worth $498,000 after acquiring an additional 38 shares during the last quarter. 67.38% of the stock is owned by hedge funds and other institutional investors.

Celestica Stock Up 8.9%

CLS stock opened at $410.19 on Friday. Celestica, Inc. has a fifty-two week low of $89.02 and a fifty-two week high of $423.25. The business’s 50-day moving average is $313.88 and its two-hundred day moving average is $309.08. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.88 and a current ratio of 1.26. The company has a market cap of $47.16 billion, a price-to-earnings ratio of 49.60, a P/E/G ratio of 1.13 and a beta of 1.88.

Celestica (NYSE:CLS) (TSE:CLS) last posted its earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share for the quarter, beating analysts’ consensus estimates of $2.08 by $0.08. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The company had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.97 billion. During the same quarter in the prior year, the company earned $1.20 earnings per share. Celestica’s revenue was up 52.8% on a year-over-year basis. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. As a group, analysts forecast that Celestica, Inc. will post 8.5 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on CLS shares. Wall Street Zen raised Celestica from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. Stifel Nicolaus set a $445.00 price target on Celestica in a report on Tuesday. Citigroup upped their price target on Celestica from $338.00 to $415.00 and gave the company a “buy” rating in a report on Wednesday. The Goldman Sachs Group reaffirmed a “buy” rating and set a $475.00 price target on shares of Celestica in a report on Tuesday. Finally, TD Securities raised Celestica from a “hold” rating to a “buy” rating and set a $430.00 price target on the stock in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $427.42.

Insider Transactions at Celestica

In related news, President Todd C. Cooper sold 89,484 shares of the stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $287.45, for a total transaction of $25,722,175.80. Following the completion of the sale, the president owned 108,970 shares in the company, valued at approximately $31,323,426.50. This trade represents a 45.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Yann L. Etienvre sold 86,229 shares of the stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $287.45, for a total value of $24,786,526.05. The SEC filing for this sale provides additional information. Insiders have sold 297,923 shares of company stock valued at $88,027,459 over the last quarter. 1.10% of the stock is currently owned by company insiders.

Celestica Profile

Celestica Inc is a multinational electronics manufacturing services (EMS) company that provides design, engineering, manufacturing and supply chain solutions to original equipment manufacturers across a range of industries. Headquartered in Toronto, Ontario, Canada, Celestica works with customers to develop and produce complex electronic and electro-mechanical products, integrating activities from product design and prototyping through high-volume assembly, testing and final system integration.

The company’s service offering typically includes product engineering and design support, printed circuit board assembly, box-build and systems assembly, automated test and inspection, aftermarket repair and refurbishment, and end-to-end supply chain and logistics management.