OneDigital Investment Advisors LLC acquired a new stake in Celestica, Inc. (NYSE:CLS – Free Report) (TSE:CLS) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,774 shares of the technology company’s stock, valued at approximately $2,106,000.
A number of other hedge funds also recently added to or reduced their stakes in CLS. Legacy Wealth Managment LLC ID grew its holdings in Celestica by 14.4% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 223 shares of the technology company’s stock worth $63,000 after acquiring an additional 28 shares in the last quarter. Capital Planning LLC increased its position in Celestica by 3.2% during 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 during the period. PCB Capital LLC raised its holdings in shares of Celestica by 3.5% in the 1st quarter. PCB Capital LLC now owns 995 shares of the technology company’s stock valued at $280,000 after purchasing an additional 34 shares in the last quarter. Avantax Planning Partners Inc. raised its holdings in shares of Celestica by 2.7% in the 4th quarter. Avantax Planning Partners Inc. now owns 1,528 shares of the technology company’s stock valued at $452,000 after purchasing an additional 40 shares in the last quarter. Finally, Park Square Financial Group LLC lifted its position in shares of Celestica by 36.3% in the 4th quarter. Park Square Financial Group LLC now owns 154 shares of the technology company’s stock worth $46,000 after purchasing an additional 41 shares during the period. 67.38% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Celestica
In other Celestica news, CEO Robert Mionis sold 23,496 shares of the firm’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $362.39, for a total value of $8,514,715.44. Following the completion of the sale, the chief executive officer directly owned 23,396 shares in the company, valued at $8,478,476.44. This trade represents a 50.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Mandeep Chawla sold 16,117 shares of Celestica stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $369.32, for a total transaction of $5,952,330.44. Following the completion of the transaction, the chief financial officer directly owned 65,444 shares in the company, valued at $24,169,778.08. This represents a 19.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 360,721 shares of company stock valued at $136,627,680. 1.10% of the stock is owned by insiders.
Trending Headlines about Celestica
- Positive Sentiment: Bank of America identified Celestica among 16 AI-related stocks that may offer bargain opportunities following the sector’s pullback. The designation supports the view that recent weakness could attract value-oriented investors. Bank of America Sees Bargains in These 16 Knocked-Down AI Stocks
- Positive Sentiment: Wall Street’s average brokerage recommendation remains favorable, although the reports caution that sell-side ratings can be overly optimistic. Celestica’s prior quarterly results also showed strong momentum, with revenue rising 62.4% year over year and earnings exceeding consensus estimates. Is Celestica a Buy as Wall Street Analysts Look Optimistic?
- Positive Sentiment: Analysts continue to view Celestica as an important beneficiary of AI-related demand across networking, computing and data-center infrastructure. A comparison with Arista Networks highlights the company’s potential growth opportunity as customers expand AI capacity. CLS vs. ANET: Which AI Stock Offers the Better Growth Opportunity?
- Neutral Sentiment: Scotiabank began coverage of Celestica, potentially increasing analyst visibility and institutional interest, though the available report does not specify the firm’s rating or price target. Scotiabank Begins Coverage on Celestica
- Positive Sentiment: Industry commentary says electronics-manufacturing providers are benefiting from rising technology investment, increasingly complex products and greater outsourcing by OEMs—favorable long-term conditions for Celestica’s core business. These 4 Electronics-Manufacturing Stocks Are Surging
- Negative Sentiment: CEO Robert Mionis sold 23,496 shares for approximately $8.5 million, reducing his direct ownership by about 50%. Although the transaction was disclosed through an SEC filing and may be routine, the sizable insider sale can weigh on sentiment, particularly after the stock’s substantial run-up.
- Negative Sentiment: The broader AI trade is experiencing a pullback, creating near-term valuation and momentum pressure for high-beta names such as Celestica. Investors may therefore be taking profits despite the company’s favorable growth outlook.
Celestica Stock Performance
CLS stock opened at $334.44 on Monday. Celestica, Inc. has a one year low of $173.23 and a one year high of $474.02. The firm has a market cap of $38.45 billion, a price-to-earnings ratio of 34.76 and a beta of 2.06. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.68 and a current ratio of 1.23. The firm has a 50-day simple moving average of $348.14 and a two-hundred day simple moving average of $335.47.
Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last issued its quarterly earnings data on Monday, July 27th. The technology company reported $2.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.29 by $0.25. The firm had revenue of $4.68 billion for the quarter, compared to the consensus estimate of $4.30 billion. Celestica had a net margin of 7.16% and a return on equity of 39.96%. The company’s quarterly revenue was up 62.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.39 EPS. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. On average, equities analysts forecast that Celestica, Inc. will post 9.97 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of research firms have recently issued reports on CLS. TD Securities upgraded shares of Celestica from a “hold” rating to a “buy” rating and set a $430.00 price objective on the stock in a research note on Wednesday, April 29th. Royal Bank Of Canada boosted their price objective on shares of Celestica from $440.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Barclays lowered their target price on Celestica from $430.00 to $406.00 and set an “overweight” rating for the company in a report on Friday, August 7th. BMO Capital Markets increased their target price on Celestica from $370.00 to $450.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Finally, Canadian Imperial Bank of Commerce lifted their price target on Celestica from $480.00 to $500.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $438.86.
Read Our Latest Stock Analysis on CLS
Celestica 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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