Celestica (NYSE:CLS) CEO Sells 98,453 Shares of Stock

Celestica, Inc. (NYSE:CLS) (TSE:CLS) CEO Robert Mionis sold 98,453 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $368.99, for a total value of $36,328,172.47. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

• On Wednesday, August 5th, Robert Mionis sold 51,061 shares of Celestica stock. The stock was sold at an average price of $368.41, for a total transaction of $18,811,383.01.
• On Friday, July 31st, Robert Mionis sold 9,543 shares of Celestica stock. The shares were sold at an average price of $367.49, for a total transaction of $3,506,957.07.
• 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 transaction of $26,426,363.36.
• On Tuesday, June 16th, Robert Mionis sold 55,768 shares of Celestica stock. The stock was sold at an average price of $386.96, for a total transaction of $21,579,985.28.
• On Wednesday, June 17th, Robert Mionis sold 18,176 shares of Celestica stock. The stock was sold at an average price of $385.17, for a total transaction of $7,000,849.92.

Celestica Stock Performance

Shares of CLS stock traded down $47.87 on Thursday, hitting $314.89. The company had a trading volume of 8,752,707 shares, compared to its average volume of 2,716,830. Celestica, Inc. has a twelve month low of $173.23 and a twelve month high of $474.02. The firm has a market cap of $36.20 billion, a P/E ratio of 32.73 and a beta of 2.06. The company has a 50-day moving average price of $359.62 and a 200-day moving average price of $334.56. The company has a quick ratio of 0.68, a current ratio of 1.23 and a debt-to-equity ratio of 0.32.

Celestica (NYSE:CLS) (TSE:CLS) last posted its earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.30 billion. During the same period in the previous year, the business posted $1.39 EPS. The business’s revenue was up 62.4% compared to the same quarter last year. 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, equities research analysts predict that Celestica, Inc. will post 9.97 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Celestica

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in Celestica by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 4,811,695 shares of the technology company’s stock valued at $1,423,333,000 after purchasing an additional 73,022 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Celestica by 24.8% during the fourth 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 period. Northwestern Mutual Wealth Management Co. grew its stake in shares of 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 in the last quarter. Franklin Resources Inc. raised its holdings in shares of Celestica by 18.6% in the 4th quarter. Franklin Resources Inc. now owns 2,278,214 shares of the technology company’s stock valued at $673,471,000 after buying an additional 356,797 shares during the period. Finally, Cibc World Market Inc. raised its holdings in shares of Celestica by 30.6% in the 4th quarter. Cibc World Market Inc. now owns 2,265,680 shares of the technology company’s stock valued at $670,279,000 after buying an additional 530,535 shares during the period. 67.38% of the stock is owned by hedge funds and other institutional investors.

More Celestica News

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Celestica priced an offering of 9,677,419 common shares at $310 each, expecting approximately $3 billion in gross proceeds. Management plans to use the capital to expand capacity and fund investments supporting strong, multi-year demand for AI infrastructure, including data-center and networking products. Celestica Announces Pricing of Equity Offering
• Positive Sentiment: Recent coverage highlighted accelerating AI networking-switch revenue, significant gross-margin expansion and planned capital expenditures of roughly $1 billion. The investment could strengthen Celestica’s ability to serve hyperscaler customers and sustain elevated growth over multiple years. Celestica Just Unloaded Bad News – Buy It
• Positive Sentiment: Analyst commentary continued to identify Celestica as a high-quality growth stock, citing its growth profile, AI exposure and improving operating performance. Technical coverage also noted that the shares had recently moved above their 50-day moving average, a potential short-term bullish signal. Top-Ranked Growth Stocks for August
• Neutral Sentiment: The offering is intended to strengthen Celestica’s balance sheet and accelerate growth, but the additional shares create an estimated short-term dilution of approximately 8.4% to 10%. The longer-term benefit depends on whether the funded expansion generates sufficient returns. Celestica’s $3B Raise
• Negative Sentiment: Investors reacted negatively to the discounted share issuance because it increases the share count and could pressure per-share earnings. Analysts cited dilution and potential EPS headwinds, with some taking a more cautious view of the stock’s valuation. Celestica Shares Slide After Equity Offering

Analyst Ratings Changes

A number of brokerages have recently issued reports on CLS. JPMorgan Chase & Co. increased their target price on Celestica from $445.00 to $485.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Canadian Imperial Bank of Commerce raised their target price on shares of Celestica from $480.00 to $500.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. BWS Financial reissued a “buy” rating on shares of Celestica in a report on Tuesday, July 28th. Susquehanna increased their price objective on Celestica from $460.00 to $510.00 and gave the stock a “positive” rating in a research report on Wednesday, April 29th. Finally, Wolfe Research raised their target price on Celestica from $425.00 to $475.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Celestica has an average rating of “Moderate Buy” and a consensus price target of $437.00.

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.