Arrowstreet Capital Limited Partnership Has $931.97 Million Position in Celestica, Inc. $CLS

Arrowstreet Capital Limited Partnership grew its stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 0.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 3,152,285 shares of the technology company’s stock after purchasing an additional 5,357 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Celestica were worth $931,966,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Celestica during the fourth quarter valued at about $28,000. Swiss RE Ltd. acquired a new position in shares of Celestica during the fourth quarter valued at about $29,000. Cullen Frost Bankers Inc. acquired a new position in shares of Celestica during the fourth quarter valued at about $30,000. Sittner & Nelson LLC acquired a new position in shares of Celestica during the fourth quarter valued at about $31,000. Finally, Atlantic Edge Private Wealth Management LLC acquired a new position in shares of Celestica during the fourth quarter valued at about $38,000. Institutional investors and hedge funds own 67.38% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on CLS. TD upped their price objective on shares of Celestica from $330.00 to $350.00 and gave the company a “hold” rating in a research report on Monday, April 20th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and set a $480.00 price objective on shares of Celestica in a research report on Wednesday, April 29th. Susquehanna upped their price objective 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. Stifel Nicolaus set a $445.00 price target on shares of Celestica in a research report on Tuesday, April 28th. Finally, Wolfe Research upgraded shares of Celestica to a “strong-buy” rating in a research note on Tuesday, February 17th. 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 company’s stock. Based on data from MarketBeat, Celestica presently has a consensus rating of “Moderate Buy” and an average price target of $427.42.

Celestica Stock Up 2.1%

Shares of CLS opened at $393.85 on Friday. The stock has a market cap of $45.28 billion, a price-to-earnings ratio of 47.62, a P/E/G ratio of 0.91 and a beta of 2.02. The company has a quick ratio of 0.73, a current ratio of 1.26 and a debt-to-equity ratio of 0.36. Celestica, Inc. has a 12 month low of $124.72 and a 12 month high of $474.02. The company has a 50-day moving average price of $375.19 and a two-hundred day moving average price of $324.66.

Celestica (NYSE:CLS) (TSE:CLS) last announced 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. The firm had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.97 billion. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The company’s revenue for the quarter was up 52.8% compared to the same quarter last year. During the same quarter last year, the company earned $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. Equities analysts predict that Celestica, Inc. will post 9.5 EPS for the current fiscal year.

Insider Buying and Selling

In other Celestica news, Director Michael Max Wilson sold 4,168 shares of the firm’s stock in a transaction dated Tuesday, May 19th. The shares were 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 $8,238,756.58. This trade represents 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 this link. 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 corporate insiders.

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.