Williamson Legacy Group LLC Buys Shares of 6,575 Celestica, Inc. $CLS

Williamson Legacy Group LLC acquired a new position in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 6,575 shares of the technology company’s stock, valued at approximately $1,944,000. Celestica accounts for about 1.5% of Williamson Legacy Group LLC’s holdings, making the stock its 25th largest position.

Several other hedge funds and other institutional investors have also made changes to their positions in CLS. Northwestern Mutual Wealth Management Co. boosted its position in shares of Celestica by 5,806,149.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,657,937 shares of the technology company’s stock worth $1,081,323,000 after buying an additional 3,657,874 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in shares of Celestica by 471.5% during the third quarter. Arrowstreet Capital Limited Partnership now owns 3,146,928 shares of the technology company’s stock worth $775,133,000 after buying an additional 2,596,318 shares during the period. Viking Global Investors LP acquired a new position in shares of Celestica during the third quarter worth approximately $424,459,000. BNP Paribas Financial Markets boosted its position in shares of Celestica by 6,788.2% during the third quarter. BNP Paribas Financial Markets now owns 438,777 shares of the technology company’s stock worth $108,106,000 after buying an additional 432,407 shares during the period. Finally, Marshall Wace LLP boosted its position in shares of Celestica by 1,249.0% during the third quarter. Marshall Wace LLP now owns 278,928 shares of the technology company’s stock worth $68,722,000 after buying an additional 258,251 shares during the period. 67.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Michael Max Wilson sold 4,168 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $333.31, for a total transaction of $1,389,236.08. Following the sale, the director owned 24,718 shares of the company’s stock, valued at $8,238,756.58. The trade was a 14.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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.

Analyst Ratings Changes

Several brokerages have recently issued reports on CLS. The Goldman Sachs Group reiterated a “buy” rating and set a $475.00 price objective on shares of Celestica in a research report on Tuesday, April 28th. Susquehanna boosted their price objective on Celestica from $460.00 to $510.00 and gave the stock a “positive” rating in a research report on Wednesday, April 29th. JPMorgan Chase & Co. boosted their price objective on Celestica from $410.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and set a $480.00 price objective on shares of Celestica in a research report on Wednesday, April 29th. Finally, TD Securities upgraded Celestica from a “hold” rating to a “buy” rating and set a $430.00 price objective for the company in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $427.42.

Celestica Price Performance

Shares of NYSE:CLS opened at $371.25 on Wednesday. Celestica, Inc. has a 12 month low of $110.54 and a 12 month high of $435.00. The stock has a market cap of $42.68 billion, a price-to-earnings ratio of 44.89, a PEG ratio of 0.85 and a beta of 2.09. The stock’s 50 day moving average price is $345.30 and its 200 day moving average price is $317.19. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 0.73.

Celestica (NYSE:CLS) (TSE:CLS) last announced its earnings results on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, topping the consensus estimate of $2.08 by $0.08. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The firm had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.97 billion. During the same quarter in the previous year, the company earned $1.20 earnings per share. The firm’s quarterly revenue was up 52.8% compared to the same quarter last year. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. Equities research analysts anticipate that Celestica, Inc. will post 9.5 earnings per share for the current fiscal year.

About Celestica

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.