Celestica, Inc. $CLS Shares Acquired by Toth Financial Advisory Corp

Toth Financial Advisory Corp increased its holdings in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 54.8% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 4,839 shares of the technology company’s stock after purchasing an additional 1,714 shares during the quarter. Toth Financial Advisory Corp’s holdings in Celestica were worth $1,765,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Celestica during the 4th quarter worth $28,000. Swiss RE Ltd. bought a new position in shares of Celestica in the fourth quarter worth $29,000. Cullen Frost Bankers Inc. acquired a new position in shares of Celestica during the fourth quarter valued at $30,000. Sittner & Nelson LLC acquired a new position in shares of Celestica during the fourth quarter valued at $31,000. Finally, Ascentis Independent Advisors bought a new stake in shares of Celestica during the first quarter valued at about $29,000. Institutional investors own 67.38% of the company’s stock.

Wall Street Analyst Weigh In

CLS has been the subject of several research analyst reports. Zacks Research raised shares of Celestica from a “hold” rating to a “strong-buy” rating in a report on Friday, June 26th. Bank of America reissued a “buy” rating on shares of Celestica in a research note on Wednesday, July 29th. Barclays dropped their price target on shares of Celestica from $430.00 to $406.00 and set an “overweight” rating on the stock in a research report on Friday, August 7th. Wall Street Zen lowered shares of Celestica from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Scotiabank initiated coverage on shares of Celestica in a research note on Tuesday, August 11th. They set a “sector outperform” rating and a $500.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $439.81.

Celestica Stock Down 5.8%

CLS stock opened at $298.87 on Friday. Celestica, Inc. has a 12 month low of $183.66 and a 12 month high of $474.02. The firm has a market cap of $34.36 billion, a PE ratio of 31.07 and a beta of 2.06. The firm has a 50 day simple moving average of $333.42 and a 200 day simple moving average of $335.61. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.23 and a quick ratio of 0.68.

Celestica (NYSE:CLS) (TSE:CLS) last issued its earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.25. The firm had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.30 billion. Celestica had a net margin of 7.16% and a return on equity of 39.96%. The firm’s revenue for the quarter was up 62.4% compared to the same quarter last year. During the same period last year, the firm posted $1.39 earnings per share. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. Equities research analysts forecast that Celestica, Inc. will post 10.42 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Robert Mionis sold 23,496 shares of Celestica stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $362.39, for a total value of $8,514,715.44. Following the transaction, the chief executive officer owned 23,396 shares of the company’s stock, valued at approximately $8,478,476.44. This trade represents a 50.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Mandeep Chawla sold 16,117 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $369.32, for a total value of $5,952,330.44. Following the sale, the chief financial officer owned 65,444 shares in the company, valued at approximately $24,169,778.08. The trade was a 19.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 356,553 shares of company stock worth $135,238,444 over the last ninety days. 1.10% of the stock is owned by 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.