OMERS ADMINISTRATION Corp Acquires 2,300 Shares of Celestica, Inc. $CLS

OMERS ADMINISTRATION Corp raised its stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 39.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,149 shares of the technology company’s stock after purchasing an additional 2,300 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Celestica were worth $2,291,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Celestica during the fourth quarter valued at approximately $28,000. Ascentis Independent Advisors bought a new position in Celestica in the 1st quarter worth about $29,000. Swiss RE Ltd. purchased a new position in shares of Celestica during the fourth quarter worth approximately $29,000. Cullen Frost Bankers Inc. bought a new stake in shares of Celestica during the fourth quarter valued at approximately $30,000. Finally, Sittner & Nelson LLC purchased a new stake in shares of Celestica in the fourth quarter valued at approximately $31,000. Institutional investors own 67.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on CLS. Stifel Nicolaus set a $500.00 price objective on Celestica in a report on Tuesday. Rothschild & Co Redburn assumed coverage on Celestica in a research report on Friday, May 1st. They set a “buy” rating and a $460.00 price target on the stock. TD Cowen upgraded Celestica from a “hold” rating to a “buy” rating and raised their price target for the company from $350.00 to $430.00 in a research note on Wednesday, April 29th. Susquehanna lifted their price objective on Celestica from $460.00 to $510.00 and gave the company a “positive” rating in a report on Wednesday, April 29th. Finally, TD Securities raised shares of Celestica from a “hold” rating to a “buy” rating and set a $430.00 price objective for the company in a research note on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $430.32.

Celestica News Summary

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Q2 results beat expectations: Revenue rose 62% year over year to approximately $4.70 billion, exceeding estimates near $4.30 billion. Adjusted EPS was $2.54 versus the $2.29 consensus and $1.39 a year earlier. Results were above the high end of management’s own guidance. Celestica Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Raised 2026 guidance: Celestica now expects approximately $20.5 billion in 2026 revenue and $11.30 in EPS, ahead of analyst expectations of roughly $19.2 billion and $10.13, respectively. Third-quarter guidance of $5.3 billion-$5.6 billion in revenue and $2.88-$3.08 in EPS also exceeds consensus estimates. CLS Q2 Earnings Beat Estimates on Strong CCS Demand, Outlook Raised
• Positive Sentiment: Strong forward demand: The Connectivity & Cloud Solutions segment reportedly grew 84% year over year. Management expects hyperscaler mass production and AI infrastructure demand to support faster growth in 2027, with some commentary pointing to growth above 65%. Celestica Q2: 2 Reasons It’s Worth Watching, But Not Buying Yet
• Positive Sentiment: Investor momentum: Shares gained in premarket and after-hours trading following the earnings release, while call-option activity was above its average, suggesting heightened bullish interest. Why Celestica Shares Are Trading Higher

Celestica Trading Up 9.6%

NYSE CLS opened at $348.66 on Wednesday. The company has a fifty day simple moving average of $361.83 and a two-hundred day simple moving average of $332.91. Celestica, Inc. has a 12-month low of $173.23 and a 12-month high of $474.02. The company has a current ratio of 1.26, a quick ratio of 0.73 and a debt-to-equity ratio of 0.36. The stock has a market cap of $40.09 billion, a P/E ratio of 36.24, a P/E/G ratio of 0.74 and a beta of 2.05.

Celestica (NYSE:CLS) (TSE:CLS) last announced its quarterly earnings data on Monday, July 27th. The technology company reported $2.54 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.25. Celestica had a return on equity of 41.69% and a net margin of 7.16%.The business had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.30 billion. During the same period in the prior year, the company earned $1.39 earnings per share. The company’s revenue was up 62.4% on a year-over-year basis. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. On average, analysts forecast that Celestica, Inc. will post 9.57 earnings per share for the current year.

Insider Buying and Selling at Celestica

In other news, CFO Mandeep Chawla sold 17,000 shares of Celestica stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $399.65, for a total transaction of $6,794,050.00. Following the completion of the transaction, the chief financial officer directly owned 82,444 shares of the company’s stock, valued at $32,948,744.60. The trade was a 17.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Robert Mionis sold 18,176 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $385.17, for a total value of $7,000,849.92. Following the sale, the chief executive officer owned 60,384 shares in the company, valued at $23,258,105.28. This trade represents a 23.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 161,168 shares of company stock valued at $63,190,485. 1.10% of the stock is owned by insiders.

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.