Celestica, Inc. $CLS Shares Purchased by Swiss National Bank

Swiss National Bank grew its position in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 27.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 387,300 shares of the technology company’s stock after acquiring an additional 82,500 shares during the quarter. Swiss National Bank’s holdings in Celestica were worth $109,094,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Capital Planning LLC lifted its holdings in Celestica by 3.2% in the 1st quarter. Capital Planning LLC now owns 1,025 shares of the technology company’s stock valued at $289,000 after purchasing an additional 32 shares in the last quarter. LeConte Wealth Management LLC grew its holdings in shares of Celestica by 3.5% during the fourth quarter. LeConte Wealth Management LLC now owns 1,001 shares of the technology company’s stock worth $296,000 after buying an additional 34 shares in the last quarter. PCB Capital LLC grew its holdings in shares of Celestica by 3.5% during the first quarter. PCB Capital LLC now owns 995 shares of the technology company’s stock worth $280,000 after buying an additional 34 shares in the last quarter. Terra Nova Asset Management LLC raised its position in shares of Celestica by 2.3% in the fourth quarter. Terra Nova Asset Management LLC now owns 1,686 shares of the technology company’s stock valued at $498,000 after buying an additional 38 shares during the last quarter. Finally, Oxinas Partners LLC raised its position in shares of Celestica by 1.4% in the fourth quarter. Oxinas Partners LLC now owns 2,958 shares of the technology company’s stock valued at $874,000 after buying an additional 40 shares during the last quarter. 67.38% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CFO Mandeep Chawla sold 17,000 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $399.65, for a total transaction of $6,794,050.00. Following the completion of the sale, the chief financial officer owned 82,444 shares in the company, valued at approximately $32,948,744.60. The trade was a 17.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Robert Mionis sold 18,176 shares of the business’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $385.17, for a total value of $7,000,849.92. Following the completion of the sale, the chief executive officer directly owned 60,384 shares of the company’s stock, valued at $23,258,105.28. The trade was a 23.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 161,168 shares of company stock valued at $63,190,485. 1.10% of the stock is owned by corporate insiders.

Celestica Stock Up 2.1%

Shares of CLS opened at $307.54 on Tuesday. The company’s 50-day simple moving average is $365.49 and its 200-day simple moving average is $331.59. 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 $153.11 and a 1 year high of $474.02. The stock has a market capitalization of $35.36 billion, a PE ratio of 37.19, a P/E/G ratio of 0.70 and a beta of 2.05.

Celestica (NYSE:CLS) (TSE:CLS) last issued its quarterly earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share 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 company had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.97 billion. During the same quarter in the prior year, the business earned $1.20 EPS. Celestica’s revenue was up 52.8% on a year-over-year basis. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. Analysts forecast that Celestica, Inc. will post 9.57 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

CLS has been the topic of several recent research reports. TD boosted their target price on Celestica from $330.00 to $350.00 and gave the stock a “hold” rating in a report on Monday, April 20th. UBS Group increased their price target on Celestica from $355.00 to $400.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Citigroup lifted their price objective on Celestica from $338.00 to $415.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Susquehanna upped their target price on Celestica from $460.00 to $510.00 and gave the company a “positive” rating in a report on Wednesday, April 29th. Finally, Royal Bank Of Canada raised their target price on Celestica from $400.00 to $440.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Celestica currently has a consensus rating of “Buy” and an average price target 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.