Hillsdale Investment Management Inc. Has $14.46 Million Stake in Celestica, Inc. $CLS

Hillsdale Investment Management Inc. decreased its stake in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 21.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 48,780 shares of the technology company’s stock after selling 13,120 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in Celestica were worth $14,455,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in CLS. Northwestern Mutual Wealth Management Co. lifted its stake in Celestica by 5,806,149.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,657,937 shares of the technology company’s stock valued at $1,081,323,000 after buying an additional 3,657,874 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in Celestica by 471.5% in the third quarter. Arrowstreet Capital Limited Partnership now owns 3,146,928 shares of the technology company’s stock valued at $775,133,000 after buying an additional 2,596,318 shares during the period. Viking Global Investors LP acquired a new position in Celestica in the third quarter valued at about $424,459,000. BNP Paribas Financial Markets raised its position in shares of Celestica by 6,788.2% during the third quarter. BNP Paribas Financial Markets now owns 438,777 shares of the technology company’s stock worth $108,106,000 after purchasing an additional 432,407 shares during the period. Finally, Marshall Wace LLP raised its position in shares of Celestica by 1,249.0% during the third quarter. Marshall Wace LLP now owns 278,928 shares of the technology company’s stock worth $68,722,000 after purchasing an additional 258,251 shares during the period. Institutional investors and hedge funds own 67.38% of the company’s stock.

Celestica Stock Up 10.0%

Shares of Celestica stock opened at $386.28 on Friday. The business’s 50 day simple moving average is $350.64 and its 200 day simple moving average is $317.98. Celestica, Inc. has a 52-week low of $110.54 and a 52-week high of $435.00. The firm has a market cap of $44.41 billion, a PE ratio of 46.71, a P/E/G ratio of 0.82 and a beta of 2.09. 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 announced its earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.08 by $0.08. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The business had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.97 billion. During the same quarter last year, the firm earned $1.20 EPS. Celestica’s revenue for the quarter was up 52.8% compared to the same quarter last year. 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, analysts predict that Celestica, Inc. will post 9.5 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on CLS shares. Rothschild & Co Redburn started coverage on Celestica in a research report on Friday, May 1st. They set a “buy” rating and a $460.00 price target on the stock. Stifel Nicolaus set a $445.00 price target on Celestica in a research report on Tuesday, April 28th. Canaccord Genuity Group raised their price target on Celestica from $400.00 to $430.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. Royal Bank Of Canada raised their price target on Celestica from $400.00 to $440.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Finally, Bank of America raised their price target on Celestica from $400.00 to $430.00 and gave the stock a “buy” rating in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Celestica presently has a consensus rating of “Moderate Buy” and a consensus price target of $427.42.

Insider Transactions at Celestica

In related news, Director Michael Max Wilson sold 4,168 shares of Celestica stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $333.31, for a total value of $1,389,236.08. Following the sale, the director owned 24,718 shares of the company’s stock, valued at approximately $8,238,756.58. This trade represents a 14.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 1.10% of the company’s stock.

Celestica Company 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.