OMERS ADMINISTRATION Corp Acquires 2,300 Shares of Celestica, Inc. $CLS

OMERS ADMINISTRATION Corp raised its holdings in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 39.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 8,149 shares of the technology company’s stock after purchasing an additional 2,300 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Celestica were worth $2,291,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Northwestern Mutual Wealth Management Co. lifted its position in Celestica by 5,806,149.2% during 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 purchasing an additional 3,657,874 shares during the period. Viking Global Investors LP bought a new position in shares of Celestica during the 3rd quarter valued at $424,459,000. Norges Bank bought a new position in shares of Celestica during the 4th quarter valued at $456,511,000. AQR Capital Management LLC purchased a new position in shares of Celestica in the 4th quarter worth $315,497,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of Celestica by 24.8% in the 4th quarter. JPMorgan Chase & Co. now owns 4,017,623 shares of the technology company’s stock worth $1,187,650,000 after buying an additional 798,782 shares during the last quarter. Institutional investors own 67.38% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Rothschild & Co Redburn started coverage on shares of Celestica in a research note on Friday, May 1st. They issued a “buy” rating and a $460.00 price objective on the stock. Zacks Research raised shares of Celestica from a “hold” rating to a “strong-buy” rating in a report on Friday, June 26th. Susquehanna increased their price target 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. Weiss Ratings downgraded shares of Celestica from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 16th. Finally, TD lifted their price target on shares of Celestica from $330.00 to $350.00 and gave the stock a “hold” rating in a research note on Monday, April 20th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $430.32.

Trending Headlines about Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Q2 results beat expectations: Revenue rose 62% year over year to approximately $4.70 billion, exceeding estimates near $4.30 billion. Adjusted EPS was $2.54 versus the $2.29 consensus and $1.39 a year earlier. Results were above the high end of management’s own guidance. Celestica Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Raised 2026 guidance: Celestica now expects approximately $20.5 billion in 2026 revenue and $11.30 in EPS, ahead of analyst expectations of roughly $19.2 billion and $10.13, respectively. Third-quarter guidance of $5.3 billion-$5.6 billion in revenue and $2.88-$3.08 in EPS also exceeds consensus estimates. CLS Q2 Earnings Beat Estimates on Strong CCS Demand, Outlook Raised
• Positive Sentiment: Strong forward demand: The Connectivity & Cloud Solutions segment reportedly grew 84% year over year. Management expects hyperscaler mass production and AI infrastructure demand to support faster growth in 2027, with some commentary pointing to growth above 65%. Celestica Q2: 2 Reasons It’s Worth Watching, But Not Buying Yet
• Positive Sentiment: Investor momentum: Shares gained in premarket and after-hours trading following the earnings release, while call-option activity was above its average, suggesting heightened bullish interest. Why Celestica Shares Are Trading Higher

Insider Transactions at Celestica

In related news, Director Michael Max Wilson sold 4,168 shares of the business’s 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 transaction, the director directly owned 24,718 shares of the company’s stock, valued at approximately $8,238,756.58. The trade was a 14.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Mandeep Chawla sold 17,000 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $399.65, for a total value of $6,794,050.00. Following the completion of the transaction, the chief financial officer owned 82,444 shares of the company’s stock, valued at $32,948,744.60. The trade was a 17.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 161,168 shares of company stock valued at $63,190,485 over the last 90 days. Company insiders own 1.10% of the company’s stock.

Celestica Stock Performance

Shares of NYSE CLS opened at $348.66 on Wednesday. The firm has a fifty day moving average price of $361.83 and a 200-day moving average price of $332.91. 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 stock has a market cap of $40.09 billion, a PE ratio of 36.24, a price-to-earnings-growth ratio of 0.74 and a beta of 2.05. Celestica, Inc. has a 1 year low of $173.23 and a 1 year high of $474.02.

Celestica (NYSE:CLS) (TSE:CLS) last issued its earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.25. The company had revenue of $4.68 billion during the quarter, compared to the consensus estimate of $4.30 billion. Celestica had a net margin of 7.16% and a return on equity of 41.69%. Celestica’s quarterly revenue was up 62.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.39 EPS. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. Equities analysts anticipate that Celestica, Inc. will post 9.57 earnings per share for the current fiscal year.

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.