PBU The Pension Fund of Early Childhood & Youth Educators purchased a new position in shares of Celestica, Inc. (NYSE:CLS – Free Report) (TSE:CLS) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 18,458 shares of the technology company’s stock, valued at approximately $5,467,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. WINTON GROUP Ltd acquired a new stake in Celestica during the fourth quarter worth about $1,574,000. Harvest Fund Management Co. Ltd increased its stake in Celestica by 17.2% during the fourth quarter. Harvest Fund Management Co. Ltd now owns 6,267 shares of the technology company’s stock worth $1,852,000 after acquiring an additional 922 shares during the last quarter. VMS Asset Management Limited acquired a new stake in Celestica during the fourth quarter worth about $5,779,000. Prudential PLC increased its stake in Celestica by 5.7% during the fourth quarter. Prudential PLC now owns 60,111 shares of the technology company’s stock worth $17,771,000 after acquiring an additional 3,223 shares during the last quarter. Finally, Daiwa Securities Group Inc. acquired a new stake in Celestica during the fourth quarter worth about $299,000. 67.38% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities research analysts have commented on CLS shares. Royal Bank Of Canada upped their price target on Celestica from $400.00 to $440.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Weiss Ratings upgraded Celestica from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Wolfe Research upgraded Celestica to a “strong-buy” rating in a research note on Tuesday, February 17th. UBS Group increased their target price on Celestica from $355.00 to $400.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. Finally, TD Securities upgraded Celestica from a “hold” rating to a “buy” rating and set a $430.00 target price for the company in a research note on Wednesday, April 29th. One investment 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 stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $427.42.
Insider Buying and Selling
In related news, Director Michael Max Wilson sold 4,168 shares of the stock in a transaction dated Tuesday, May 19th. The stock was 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 owned 24,718 shares of the company’s stock, valued at approximately $8,238,756.58. This represents a 14.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 1.10% of the company’s stock.
Celestica Price Performance
CLS stock opened at $371.64 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.73 and a current ratio of 1.26. Celestica, Inc. has a 1 year low of $117.28 and a 1 year high of $474.02. The firm has a market cap of $42.73 billion, a P/E ratio of 44.94, a price-to-earnings-growth ratio of 0.86 and a beta of 2.02. The stock has a 50-day simple moving average of $364.82 and a 200-day simple moving average of $321.75.
Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last posted its earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.08 by $0.08. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The business had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.97 billion. During the same quarter last year, the firm earned $1.20 earnings per share. The company’s revenue for the quarter 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. On average, equities analysts predict that Celestica, Inc. will post 9.5 earnings per share for the current fiscal year.
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.
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