Marietta Investment Partners LLC Purchases New Shares in Celestica, Inc. $CLS

Marietta Investment Partners LLC purchased a new stake in Celestica, Inc. (NYSE:CLS) (TSE:CLS) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 4,305 shares of the technology company’s stock, valued at approximately $1,273,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. WCG Wealth Advisors LLC purchased a new position in Celestica during the fourth quarter valued at $4,199,000. CIBC Asset Management Inc lifted its position in Celestica by 7.7% during the fourth quarter. CIBC Asset Management Inc now owns 436,922 shares of the technology company’s stock valued at $129,499,000 after buying an additional 31,086 shares during the period. Bank of New York Mellon Corp lifted its position in Celestica by 3.3% during the fourth quarter. Bank of New York Mellon Corp now owns 152,238 shares of the technology company’s stock valued at $45,003,000 after buying an additional 4,854 shares during the period. Goldman Sachs Group Inc. lifted its position in Celestica by 25.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,637,367 shares of the technology company’s stock valued at $484,022,000 after buying an additional 332,641 shares during the period. Finally, BW Gestao de Investimentos Ltda. lifted its position in Celestica by 29.9% during the fourth quarter. BW Gestao de Investimentos Ltda. now owns 31,179 shares of the technology company’s stock valued at $9,217,000 after buying an additional 7,179 shares during the period. Hedge funds and other institutional investors own 67.38% of the company’s stock.

Insider Buying and Selling at Celestica

In other 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 in the company, valued at $8,238,756.58. This trade represents a 14.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.10% of the stock is owned by insiders.

Celestica Price Performance

Shares of NYSE:CLS opened at $457.07 on Thursday. Celestica, Inc. has a 1-year low of $117.28 and a 1-year high of $474.02. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 0.73. The business has a fifty day moving average price of $360.96 and a 200-day moving average price of $320.59. The company has a market capitalization of $52.55 billion, a PE ratio of 55.27, a PEG ratio of 1.10 and a beta of 2.02.

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, beating 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 firm had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.97 billion. During the same period last year, the company earned $1.20 earnings per share. The company’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. As a group, equities analysts expect that Celestica, Inc. will post 9.5 EPS for the current fiscal year.

Analyst Ratings Changes

CLS has been the subject of several recent research reports. Zacks Research lowered Celestica from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. UBS Group raised their price objective on Celestica from $355.00 to $400.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Citigroup raised their price objective on Celestica from $338.00 to $415.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Canadian Imperial Bank of Commerce reissued an “outperform” rating and set a $480.00 price objective on shares of Celestica in a research report on Wednesday, April 29th. Finally, Susquehanna raised their price objective on Celestica from $460.00 to $510.00 and gave the company a “positive” rating in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Celestica has an average rating of “Moderate 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.