Diker Management LLC Purchases New Shares in Celestica, Inc. $CLS

Diker Management LLC purchased a new stake in Celestica, Inc. (NYSE:CLS) (TSE:CLS) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 6,000 shares of the technology company’s stock, valued at approximately $1,774,000. Celestica accounts for about 1.4% of Diker Management LLC’s investment portfolio, making the stock its 12th largest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Blair William & Co. IL raised its position in Celestica by 7.3% in the 4th quarter. Blair William & Co. IL now owns 1,844 shares of the technology company’s stock valued at $545,000 after purchasing an additional 125 shares during the last quarter. Royal Bank of Canada raised its position in Celestica by 5.4% during the 4th quarter. Royal Bank of Canada now owns 1,127,521 shares of the technology company’s stock worth $333,308,000 after buying an additional 57,706 shares during the last quarter. Graham Capital Management L.P. purchased a new position in Celestica during the 4th quarter worth $661,000. Munro Partners raised its position in Celestica by 230.7% during the 4th quarter. Munro Partners now owns 170,980 shares of the technology company’s stock worth $50,543,000 after buying an additional 119,285 shares during the last quarter. Finally, Temasek Holdings Private Ltd purchased a new position in Celestica during the 4th quarter worth $7,062,000. Hedge funds and other institutional investors own 67.38% of the company’s stock.

Celestica Stock Down 5.2%

Shares of Celestica stock opened at $382.40 on Wednesday. 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, Inc. has a one year low of $128.24 and a one year high of $474.02. The company has a market cap of $43.96 billion, a P/E ratio of 46.24, a PEG ratio of 0.94 and a beta of 2.02. The firm has a fifty day moving average of $379.10 and a two-hundred day moving average of $325.55.

Celestica (NYSE:CLS) (TSE:CLS) last posted its quarterly earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share for the quarter, topping analysts’ consensus estimates of $2.08 by $0.08. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The business had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.97 billion. During the same period in the prior year, the company posted $1.20 EPS. The business’s revenue for the quarter 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. On average, analysts forecast that Celestica, Inc. will post 9.5 earnings per share for the current year.

Insider Buying and Selling at Celestica

In other news, Director Michael Max Wilson sold 4,168 shares of the company’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $333.31, for a total transaction of $1,389,236.08. Following the transaction, the director directly owned 24,718 shares of the company’s stock, valued at $8,238,756.58. This represents a 14.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through 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 company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. The Goldman Sachs Group restated a “buy” rating and set a $475.00 price objective on shares of Celestica in a research report on Tuesday, April 28th. Citigroup upped their price objective on shares of Celestica from $338.00 to $415.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. BMO Capital Markets upped their price objective on shares of Celestica from $370.00 to $450.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. TD upped their price objective on shares of Celestica from $330.00 to $350.00 and gave the stock a “hold” rating in a research report on Monday, April 20th. Finally, Susquehanna upped their price objective on shares of Celestica from $460.00 to $510.00 and gave the stock a “positive” rating in a research report on Wednesday, April 29th. One investment 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 stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $427.42.

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.