Eurizon SLJ Capital Ltd Takes $519,000 Position in Celestica, Inc. $CLS

Eurizon SLJ Capital Ltd purchased a new stake in Celestica, Inc. (NYSE:CLS) (TSE:CLS) in the fourth quarter, Holdings Channel reports. The institutional investor purchased 1,757 shares of the technology company’s stock, valued at approximately $519,000.

A number of other large investors also recently modified their holdings of the company. Pinney & Scofield Inc. lifted its stake in shares of Celestica by 20.0% in the 3rd quarter. Pinney & Scofield Inc. now owns 180 shares of the technology company’s stock valued at $44,000 after acquiring an additional 30 shares during the last quarter. LeConte Wealth Management LLC lifted its stake in shares of Celestica by 3.5% in the 4th quarter. LeConte Wealth Management LLC now owns 1,001 shares of the technology company’s stock valued at $296,000 after acquiring an additional 34 shares during the last quarter. Terra Nova Asset Management LLC lifted its stake in shares of Celestica by 2.3% in the 4th quarter. Terra Nova Asset Management LLC now owns 1,686 shares of the technology company’s stock valued at $498,000 after acquiring an additional 38 shares during the last quarter. Oxinas Partners LLC lifted its stake in shares of Celestica by 1.4% in the 4th quarter. Oxinas Partners LLC now owns 2,958 shares of the technology company’s stock valued at $874,000 after acquiring an additional 40 shares during the last quarter. Finally, Avantax Planning Partners Inc. lifted its stake 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 acquiring an additional 40 shares during the last quarter. 67.38% of the stock is currently owned by institutional investors.

Insider Transactions at Celestica

In related news, Director Michael Max Wilson sold 4,168 shares of the firm’s 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 transaction, the director directly owned 24,718 shares of the company’s stock, valued at $8,238,756.58. This trade represents a 14.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 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.

Celestica Stock Up 10.0%

Shares of NYSE:CLS opened at $386.28 on Friday. The firm has a market cap of $44.41 billion, a P/E ratio of 46.71, a P/E/G ratio of 0.82 and a beta of 2.09. 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 $110.54 and a 12-month high of $435.00. The business has a fifty day simple moving average of $350.64 and a 200 day simple moving average of $317.98.

Celestica (NYSE:CLS) (TSE:CLS) last announced its earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.08 by $0.08. The business had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.97 billion. Celestica had a return on equity of 36.91% and a net margin of 6.95%.Celestica’s revenue for the quarter was up 52.8% compared to the same quarter last year. During the same period last year, the company 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. Analysts predict that Celestica, Inc. will post 9.5 earnings per share for the current year.

Analysts Set New Price Targets

CLS has been the subject of a number of research reports. Citigroup increased their price target on Celestica from $338.00 to $415.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Susquehanna increased their price target on Celestica from $460.00 to $510.00 and gave the company a “positive” rating in a research note on Wednesday, April 29th. Weiss Ratings upgraded Celestica from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. TD Cowen upgraded Celestica from a “hold” rating to a “buy” rating and increased their price target for the company from $350.00 to $430.00 in a research note on Wednesday, April 29th. Finally, 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. 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. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average 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.