Celestica (NYSE:CLS) CEO Sells $3,506,957.07 in Stock

Celestica, Inc. (NYSE:CLS) (TSE:CLS) CEO Robert Mionis sold 9,543 shares of the business’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $367.49, for a total value of $3,506,957.07. Following the completion of the sale, the chief executive officer owned 50,841 shares in the company, valued at $18,683,559.09. This represents a 15.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Robert Mionis also recently made the following trade(s):

• On Monday, June 15th, Robert Mionis sold 66,056 shares of Celestica stock. The shares were sold at an average price of $400.06, for a total value of $26,426,363.36.
• On Tuesday, June 16th, Robert Mionis sold 55,768 shares of Celestica stock. The shares were sold at an average price of $386.96, for a total value of $21,579,985.28.
• On Wednesday, June 17th, Robert Mionis sold 18,176 shares of Celestica stock. The shares were sold at an average price of $385.17, for a total value of $7,000,849.92.

Celestica Trading Up 3.4%

NYSE:CLS traded up $11.30 on Monday, reaching $342.75. 2,376,964 shares of the company’s stock were exchanged, compared to its average volume of 2,412,650. The company has a quick ratio of 0.68, a current ratio of 1.23 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $39.41 billion, a price-to-earnings ratio of 35.63 and a beta of 2.05. The business has a fifty day moving average of $360.70 and a 200-day moving average of $333.66. Celestica, Inc. has a 52-week low of $173.23 and a 52-week high of $474.02.

Celestica (NYSE:CLS) (TSE:CLS) last issued its quarterly earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.29 by $0.25. Celestica had a net margin of 7.16% and a return on equity of 39.96%. The business had revenue of $4.68 billion for the quarter, compared to analysts’ expectations of $4.30 billion. During the same quarter in the prior year, the company earned $1.39 earnings per share. The business’s quarterly revenue was up 62.4% on a year-over-year basis. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. As a group, analysts expect that Celestica, Inc. will post 9.97 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have commented on CLS shares. TD raised their price target on shares of Celestica from $330.00 to $350.00 and gave the company a “hold” rating in a research report on Monday, April 20th. Royal Bank Of Canada upped their price objective on Celestica from $440.00 to $450.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Canadian Imperial Bank of Commerce increased their price objective on Celestica from $480.00 to $500.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. TD Securities upgraded Celestica from a “hold” rating to a “buy” rating and set a $430.00 target price for the company in a report on Wednesday, April 29th. Finally, BWS Financial reissued a “buy” rating on shares of Celestica in a research note on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $437.00.

Institutional Trading of Celestica

Hedge funds have recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Celestica during the 4th quarter worth approximately $28,000. Ascentis Independent Advisors purchased a new stake in shares of Celestica in the 1st quarter valued at approximately $29,000. Swiss RE Ltd. acquired a new stake in shares of Celestica in the 4th quarter valued at $29,000. Cullen Frost Bankers Inc. acquired a new stake in shares of Celestica in the 4th quarter valued at $30,000. Finally, Sittner & Nelson LLC purchased a new stake in shares of Celestica during the 4th quarter worth $31,000. Institutional investors and hedge funds own 67.38% of the company’s stock.

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.