Celestica, Inc. $CLS Stock Bought by Kassira Wealth Management LLC

Kassira Wealth Management LLC boosted its stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 489.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,990 shares of the technology company’s stock after purchasing an additional 4,974 shares during the period. Celestica comprises about 1.7% of Kassira Wealth Management LLC’s investment portfolio, making the stock its 18th biggest position. Kassira Wealth Management LLC’s holdings in Celestica were worth $2,165,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Cibc World Market Inc. purchased a new stake in Celestica in the second quarter worth about $757,811,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Celestica in the second quarter worth about $674,199,000. Royal Bank of Canada raised its stake in shares of Celestica by 13.8% in the first quarter. Royal Bank of Canada now owns 1,283,561 shares of the technology company’s stock worth $361,553,000 after buying an additional 156,040 shares during the period. Bank of America Corp DE purchased a new position in shares of Celestica during the 2nd quarter valued at about $444,899,000. Finally, The Manufacturers Life Insurance Company purchased a new position in shares of Celestica during the 2nd quarter valued at about $351,717,000. Institutional investors own 67.38% of the company’s stock.

Celestica News Roundup

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

Insiders Place Their Bets

In other Celestica news, CEO Robert Mionis sold 98,453 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $368.99, for a total transaction of $36,328,172.47. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, President Todd Cooper sold 20,118 shares of the stock in a transaction that occurred on Wednesday, September 23rd. The shares were sold at an average price of $360.00, for a total transaction of $7,242,480.00. Following the sale, the president directly owned 73,252 shares of the company’s stock, valued at approximately $26,370,720. This trade represents a 21.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 232,641 shares of company stock worth $85,370,372 in the last three months. 1.10% of the stock is owned by company insiders.

Celestica Price Performance

NYSE:CLS opened at $264.80 on Friday. The business’s 50-day simple moving average is $324.62 and its two-hundred day simple moving average is $331.28. Celestica, Inc. has a 52 week low of $244.51 and a 52 week high of $474.02. The stock has a market cap of $33.39 billion, a PE ratio of 25.05, a P/E/G ratio of 0.67 and a beta of 2.01. The company has a quick ratio of 0.68, a current ratio of 1.61 and a debt-to-equity ratio of 0.13.

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

Analyst Ratings Changes

A number of research analysts recently issued reports on CLS shares. Zacks Research downgraded Celestica from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th. Sanford C. Bernstein restated an “outperform” rating on shares of Celestica in a research note on Thursday, October 15th. Bank of America reaffirmed a “buy” rating on shares of Celestica in a report on Wednesday, July 29th. Citigroup lifted their price target on shares of Celestica from $415.00 to $436.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Scotiabank started coverage on shares of Celestica in a research report on Tuesday, August 11th. They issued a “sector outperform” rating and a $500.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Celestica currently has an average rating of “Moderate Buy” and an average target price of $453.32.

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.