Celestica, Inc. $CLS Shares Sold by Trek Financial LLC

Trek Financial LLC lessened its stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 85.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,700 shares of the technology company’s stock after selling 10,183 shares during the quarter. Trek Financial LLC’s holdings in Celestica were worth $503,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. First Horizon Corp bought a new stake in Celestica during the third quarter worth approximately $31,000. Atlantic Edge Private Wealth Management LLC bought a new stake in Celestica during the fourth quarter worth approximately $38,000. Fifth Third Bancorp boosted its holdings in Celestica by 48.7% during the third quarter. Fifth Third Bancorp now owns 171 shares of the technology company’s stock worth $42,000 after buying an additional 56 shares in the last quarter. Bartlett & CO. Wealth Management LLC bought a new stake in Celestica during the fourth quarter worth approximately $52,000. Finally, LRI Investments LLC bought a new stake in Celestica during the third quarter worth approximately $44,000. Institutional investors and hedge funds own 67.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on CLS. The Goldman Sachs Group restated a “buy” rating and set a $475.00 target price on shares of Celestica in a report on Tuesday, April 28th. TD raised their target price on shares of Celestica from $330.00 to $350.00 and gave the stock a “hold” rating in a report on Monday, April 20th. BMO Capital Markets raised their price objective on shares of Celestica from $370.00 to $450.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. TD Cowen raised shares of Celestica from a “hold” rating to a “buy” rating and raised their price objective for the stock from $350.00 to $430.00 in a research note on Wednesday, April 29th. Finally, Rothschild & Co Redburn assumed coverage on shares of Celestica in a research note on Friday, May 1st. They issued a “buy” rating and a $460.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $427.42.

Celestica Trading Down 0.5%

Celestica stock opened at $372.31 on Thursday. The company has a 50 day moving average price of $328.19 and a 200 day moving average price of $315.49. Celestica, Inc. has a 52 week low of $108.96 and a 52 week high of $435.00. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.73 and a current ratio of 1.26. The firm has a market capitalization of $42.80 billion, a price-to-earnings ratio of 45.02, a P/E/G ratio of 0.87 and a beta of 2.09.

Celestica (NYSE:CLS) (TSE:CLS) last posted its quarterly earnings data on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, topping analysts’ consensus estimates of $2.08 by $0.08. The firm had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.97 billion. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The company’s revenue was up 52.8% on a year-over-year basis. During the same quarter last year, the business posted $1.20 EPS. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. Research analysts forecast that Celestica, Inc. will post 9.5 EPS for the current year.

Celestica Company 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.