Berkshire Capital Holdings Inc. Has $14.72 Million Stake in Celestica, Inc. $CLS

Berkshire Capital Holdings Inc. lifted its stake in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 497,800.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 49,790 shares of the technology company’s stock after purchasing an additional 49,780 shares during the period. Celestica accounts for 4.9% of Berkshire Capital Holdings Inc.’s holdings, making the stock its 7th biggest position. Berkshire Capital Holdings Inc.’s holdings in Celestica were worth $14,718,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Allianz Asset Management GmbH grew its stake in shares of Celestica by 7.3% in the third quarter. Allianz Asset Management GmbH now owns 337,397 shares of the technology company’s stock worth $83,044,000 after acquiring an additional 22,863 shares during the period. Spark Investment Management LLC grew its stake in shares of Celestica by 17.4% in the third quarter. Spark Investment Management LLC now owns 27,000 shares of the technology company’s stock worth $6,643,000 after acquiring an additional 4,000 shares during the period. Spire Wealth Management grew its stake in shares of Celestica by 354.3% in the fourth quarter. Spire Wealth Management now owns 5,979 shares of the technology company’s stock worth $1,767,000 after acquiring an additional 4,663 shares during the period. William Blair Investment Management LLC bought a new stake in shares of Celestica in the third quarter worth approximately $28,924,000. Finally, Plato Investment Management Ltd grew its stake in shares of Celestica by 154.5% in the third quarter. Plato Investment Management Ltd now owns 15,046 shares of the technology company’s stock worth $3,676,000 after acquiring an additional 9,135 shares during the period. 67.38% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Celestica

In other Celestica news, Director Michael Max Wilson sold 4,168 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $333.31, for a total value of $1,389,236.08. Following the completion of the transaction, the director directly owned 24,718 shares in the company, valued at $8,238,756.58. This represents a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.10% of the stock is currently owned by insiders.

Celestica Stock Performance

Shares of NYSE CLS opened at $367.81 on Friday. The firm has a 50 day moving average of $341.10 and a 200 day moving average of $317.06. 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 firm has a market capitalization of $42.29 billion, a price-to-earnings ratio of 44.47, a price-to-earnings-growth ratio of 0.83 and a beta of 2.09. Celestica, Inc. has a 12-month low of $110.54 and a 12-month high of $435.00.

Celestica (NYSE:CLS) (TSE:CLS) last announced its earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.08 by $0.08. The company 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 firm’s quarterly revenue was up 52.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.20 earnings per share. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. On average, research analysts anticipate that Celestica, Inc. will post 9.5 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have recently commented on CLS shares. Canaccord Genuity Group lifted their price target on shares of Celestica from $400.00 to $430.00 and gave the stock a “buy” rating in a research note on Monday, February 2nd. Rothschild & Co Redburn started coverage on shares of Celestica in a research note on Friday, May 1st. They issued a “buy” rating and a $460.00 price target for the company. TD Cowen upgraded shares of Celestica from a “hold” rating to a “buy” rating and lifted their price target for the stock from $350.00 to $430.00 in a research note on Wednesday, April 29th. Weiss Ratings upgraded shares of Celestica from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Finally, Susquehanna boosted their target price on shares of Celestica from $460.00 to $510.00 and gave the company a “positive” rating in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $427.42.

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.