1,499 Shares in Celestica, Inc. $CLS Purchased by Severin Investments LLC

Severin Investments LLC acquired a new position in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) during the 4th quarter, Holdings Channel.com reports. The fund acquired 1,499 shares of the technology company’s stock, valued at approximately $443,000.

A number of other hedge funds also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Celestica by 5,806,149.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,657,937 shares of the technology company’s stock worth $1,081,323,000 after buying an additional 3,657,874 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of Celestica by 471.5% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 3,146,928 shares of the technology company’s stock worth $775,133,000 after buying an additional 2,596,318 shares during the period. Viking Global Investors LP bought a new position in shares of Celestica during the 3rd quarter worth approximately $424,459,000. BNP Paribas Financial Markets lifted its position in shares of Celestica by 6,788.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 438,777 shares of the technology company’s stock worth $108,106,000 after buying an additional 432,407 shares during the period. Finally, Marshall Wace LLP lifted its position in shares of Celestica by 1,249.0% during the 3rd quarter. Marshall Wace LLP now owns 278,928 shares of the technology company’s stock worth $68,722,000 after buying an additional 258,251 shares during the period. Institutional investors and hedge funds own 67.38% of the company’s stock.

Insider Activity at Celestica

In related news, Director Michael Max Wilson sold 4,168 shares of Celestica stock in a transaction on 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 sale, the director directly owned 24,718 shares of the company’s stock, valued at $8,238,756.58. The trade was 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 company insiders.

Celestica Stock Down 3.8%

NYSE CLS opened at $356.77 on Thursday. The stock has a fifty day moving average of $347.02 and a 200-day moving average of $317.29. The stock has a market capitalization of $41.02 billion, a P/E ratio of 43.14, a price-to-earnings-growth ratio of 0.86 and a beta of 2.09. Celestica, Inc. has a 52 week low of $110.54 and a 52 week high of $435.00. 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 (NYSE:CLS) (TSE:CLS) last released its earnings results on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, beating the consensus estimate of $2.08 by $0.08. The company had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.97 billion. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The business’s revenue for the quarter was up 52.8% on a year-over-year basis. During the same period last year, the firm earned $1.20 EPS. 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 research analysts forecast that Celestica, Inc. will post 9.5 EPS for the current year.

Wall Street Analyst Weigh In

CLS has been the subject of several analyst reports. Barclays raised their target price on Celestica from $391.00 to $441.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $475.00 price target on shares of Celestica in a report on Tuesday, April 28th. Royal Bank Of Canada raised their price target on Celestica from $400.00 to $440.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. TD Cowen raised Celestica from a “hold” rating to a “buy” rating and raised their price target for the company from $350.00 to $430.00 in a report on Wednesday, April 29th. Finally, Citigroup raised their price target on Celestica from $338.00 to $415.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $427.42.

Key Stories Impacting Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Several articles highlighted that Celestica continues to screen well on growth-focused metrics, with Zacks calling it a “strong growth stock” and another note pointing to strong interest coverage, suggesting solid earnings quality and balance-sheet resilience. Article: Here’s Why Celestica (CLS) is a Strong Growth Stock
• Positive Sentiment: Analyst coverage remains favorable, with reports saying Celestica carries an average rating of “Moderate Buy” and that Wall Street bulls remain optimistic about the stock. Article: Celestica, Inc. (NYSE:CLS) Given Average Rating of “Moderate Buy” by Analysts
• Neutral Sentiment: Market commentary focused on what comes next after last month’s earnings report, with articles noting the stock has already gained since results and that investors are looking for clues in future earnings estimates rather than reacting to a new announcement. Article: Why Is Celestica (CLS) Up 2.6% Since Last Earnings Report?
• Neutral Sentiment: A separate valuation-focused note said Celestica’s share price is far above GuruFocus’s GF Value estimate, reinforcing that the stock may be trading at a premium and could be vulnerable to pullbacks after its strong advance. Article: A Look at Celestica Inc (CLS) After 3.5% Decline — GF Value $125.81 vs Price $357.70

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.