Havemeyer Place LP Invests $2.43 Million in Celestica, Inc. $CLS

Havemeyer Place LP acquired a new position in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 8,210 shares of the technology company’s stock, valued at approximately $2,427,000.

Several other institutional investors also recently bought and sold shares of the company. Invst LLC increased its holdings in Celestica by 2.0% during the 4th quarter. Invst LLC now owns 13,401 shares of the technology company’s stock worth $3,961,000 after purchasing an additional 267 shares during the period. PBU The Pension Fund of Early Childhood & Youth Educators purchased a new position in Celestica during the 4th quarter worth $5,467,000. WINTON GROUP Ltd purchased a new position in Celestica during the 4th quarter worth $1,574,000. Harvest Fund Management Co. Ltd increased its holdings in Celestica by 17.2% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 6,267 shares of the technology company’s stock worth $1,852,000 after purchasing an additional 922 shares during the period. Finally, VMS Asset Management Limited purchased a new position in Celestica during the 4th quarter worth $5,779,000. 67.38% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Celestica

In other Celestica news, Director Michael Max Wilson sold 4,168 shares of Celestica stock in a transaction dated 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 completion of the transaction, the director owned 24,718 shares in the company, valued at approximately $8,238,756.58. This trade represents a 14.43% decrease in their position. The transaction was disclosed in a filing 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. Insiders own 1.10% of the company’s stock.

Celestica Stock Down 12.6%

Celestica stock opened at $371.64 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 0.73. The stock has a market capitalization of $42.73 billion, a price-to-earnings ratio of 44.94, a PEG ratio of 0.86 and a beta of 2.02. Celestica, Inc. has a 1-year low of $117.28 and a 1-year high of $474.02. The business has a fifty day moving average price of $364.82 and a 200-day moving average price of $321.75.

Celestica (NYSE:CLS) (TSE:CLS) last issued its quarterly earnings results on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, topping 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 company had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.97 billion. During the same quarter in the previous year, the firm posted $1.20 EPS. The firm’s 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 forecast that Celestica, Inc. will post 9.5 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have commented on CLS shares. JPMorgan Chase & Co. raised their price objective on Celestica from $410.00 to $425.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Susquehanna raised their price objective on Celestica from $460.00 to $510.00 and gave the stock a “positive” rating in a report on Wednesday, April 29th. UBS Group raised their price objective on Celestica from $355.00 to $400.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Zacks Research downgraded Celestica from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Finally, Wolfe Research upgraded Celestica to a “strong-buy” rating in a report on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Celestica presently has a consensus rating of “Moderate Buy” and a consensus target price of $427.42.

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.