3,422 Celestica, Inc. $CLS Shares Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. boosted its stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 143.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 5,807 shares of the technology company’s stock after buying an additional 3,422 shares during the period. Oppenheimer & Co. Inc.’s holdings in Celestica were worth $2,099,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Washington Trust Advisors Inc. bought a new stake in Celestica in the second quarter worth $28,000. Elevation Wealth Partners LLC bought a new position in Celestica during the third quarter valued at $28,000. Ascentis Independent Advisors bought a new position in Celestica during the first quarter valued at $29,000. Mather Group LLC. raised its stake in shares of Celestica by 266.7% in the third quarter. Mather Group LLC. now owns 121 shares of the technology company’s stock valued at $44,000 after acquiring an additional 88 shares during the period. Finally, Harbor Investment Advisory LLC purchased a new stake in shares of Celestica in the second quarter valued at $58,000. Hedge funds and other institutional investors own 67.38% of the company’s stock.

Insiders Place Their Bets

In other Celestica news, CEO Robert Mionis sold 98,453 shares of the company’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $368.99, for a total value of $36,328,172.47. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Mandeep Chawla sold 16,117 shares of the company’s stock in a transaction on 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 completion of the sale, the chief financial officer owned 65,444 shares of the company’s stock, valued at $24,169,778.08. This represents a 19.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 232,641 shares of company stock worth $85,370,372 in the last ninety days. 1.10% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. RBC Dominion Securities set a $450.00 target price on shares of Celestica and gave the stock an “outperform” rating in a report on Friday, October 23rd. The Goldman Sachs Group reaffirmed a “conviction-buy” rating and set a $435.00 price target on shares of Celestica in a research note on Wednesday. FBN Securities began coverage on shares of Celestica in a report on Tuesday, September 15th. They set an “outperform” rating and a $375.00 price target on the stock. UBS Group increased their price objective on shares of Celestica from $430.00 to $453.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, TD Cowen reissued a “buy” rating on shares of Celestica in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $453.32.

Celestica Trading Down 6.3%

CLS stock opened at $264.80 on Friday. The company has a market capitalization of $33.39 billion, a PE ratio of 25.05, a P/E/G ratio of 0.67 and a beta of 2.01. Celestica, Inc. has a 12 month low of $244.51 and a 12 month high of $474.02. The firm’s 50-day moving average is $324.62 and its 200 day moving average is $331.28. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.61 and a quick ratio of 0.68.

Celestica (NYSE:CLS) (TSE:CLS) last released its quarterly earnings data on Monday, October 26th. The technology company reported $3.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.02 by $0.28. Celestica had a net margin of 6.83% and a return on equity of 33.80%. The company had revenue of $5.74 billion during the quarter, compared to analysts’ expectations of $5.39 billion. On average, research analysts anticipate that Celestica, Inc. will post 11.55 EPS for the current year.

Key Headlines Impacting Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Raised outlook and strong AI-driven growth: Celestica exceeded third-quarter expectations, increased its 2026 guidance and outlined an aggressive 2027 growth ramp targeting approximately $40 billion in revenue. Demand for data-center infrastructure and AI-related products remains the primary bullish catalyst. CLS Raises 2026 Outlook as AI Demand Powers an Aggressive 2027 Ramp
• Positive Sentiment: Share repurchase authorization: The TSX accepted Celestica’s normal-course issuer bid, allowing the company to repurchase shares beginning November 3, 2026, through November 2, 2027, or until the program is completed. Buybacks could support per-share earnings and signal management’s confidence in long-term value. Celestica Announces TSX Acceptance of Normal Course Issuer Bid
• Positive Sentiment: Analyst support: Canaccord Genuity raised its price target to $480 and maintained a “buy” rating. Other coverage also remains bullish on Celestica’s AI exposure and earnings growth. Canaccord Genuity Group recommendations
• Neutral Sentiment: Unusually high options activity and post-earnings price volatility indicate heightened investor interest, but do not establish a clear directional signal. Celestica Sees Unusually Large Options Volume
• Negative Sentiment: Execution and valuation concerns: Investors are questioning whether rising capital expenditures, cash-flow pressure, customer concentration and a premium valuation adequately reflect the company’s expected AI growth. These concerns have outweighed the earnings beat in recent trading. CLS Falls 14.4% in a Week as AI Growth Meets Rising Execution Risks

Celestica Company Profile

Celestica Inc is a global provider of design, manufacturing, and supply chain solutions for original equipment manufacturers and other technology companies. The company helps customers develop, produce, and support complex hardware and integrated systems across their product life cycles.

Its services include product design and engineering, electronics and mechanical manufacturing, systems integration, testing, supply chain management, logistics, and after-market support. Celestica serves markets such as communications, enterprise and cloud computing, aerospace and defense, industrial technology, health technology, and capital equipment.

Headquartered in Toronto, Canada, Celestica operates a global network of manufacturing, engineering, and supply chain facilities serving customers in North America, Europe, and Asia.