Celestica, Inc. $CLS Shares Bought by Tidal Investments LLC

Tidal Investments LLC lifted its holdings in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 198.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 106,509 shares of the technology company’s stock after buying an additional 70,794 shares during the quarter. Tidal Investments LLC owned approximately 0.09% of Celestica worth $38,854,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in CLS. Legacy Wealth Managment LLC ID raised its position in shares of Celestica by 14.4% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 223 shares of the technology company’s stock worth $63,000 after purchasing an additional 28 shares during the last quarter. Capital Planning LLC lifted its holdings in Celestica by 3.2% in the 1st quarter. Capital Planning LLC now owns 1,025 shares of the technology company’s stock valued at $289,000 after purchasing an additional 32 shares in the last quarter. PCB Capital LLC boosted its stake in Celestica by 3.5% during the 1st quarter. PCB Capital LLC now owns 995 shares of the technology company’s stock worth $280,000 after purchasing an additional 34 shares during the last quarter. Avantax Planning Partners Inc. grew its holdings in shares of Celestica by 2.7% during the fourth quarter. Avantax Planning Partners Inc. now owns 1,528 shares of the technology company’s stock worth $452,000 after buying an additional 40 shares in the last quarter. Finally, XML Financial LLC raised its position in shares of Celestica by 1.5% in the second quarter. XML Financial LLC now owns 2,640 shares of the technology company’s stock valued at $963,000 after buying an additional 40 shares during the last quarter. 67.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CFO Mandeep Chawla sold 17,000 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $399.65, for a total transaction of $6,794,050.00. Following the transaction, the chief financial officer directly owned 82,444 shares in the company, valued at approximately $32,948,744.60. This trade represents a 17.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Robert Mionis sold 98,453 shares of the business’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $368.99, for a total value of $36,328,172.47. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 356,553 shares of company stock worth $135,238,444 in the last 90 days. 1.10% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

CLS has been the subject of several research reports. Stifel Nicolaus set a $500.00 price objective on shares of Celestica in a research note on Tuesday, July 28th. Wolfe Research upped their price target on Celestica from $425.00 to $475.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Zacks Research raised Celestica from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 26th. Bank of America reiterated a “buy” rating on shares of Celestica in a report on Wednesday, July 29th. Finally, Barclays lowered their price target on shares of Celestica from $430.00 to $406.00 and set an “overweight” rating on the stock in a research report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $439.81.

Celestica Stock Up 1.0%

Shares of CLS opened at $333.38 on Thursday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.68 and a current ratio of 1.23. Celestica, Inc. has a 1 year low of $227.00 and a 1 year high of $474.02. The stock has a market capitalization of $38.33 billion, a PE ratio of 34.65 and a beta of 2.04. The company’s 50-day simple moving average is $325.59 and its 200-day simple moving average is $336.91.

Celestica (NYSE:CLS) (TSE:CLS) last released its earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $4.30 billion. During the same period in the prior year, the firm earned $1.39 earnings per share. The business’s quarterly 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. Analysts forecast that Celestica, Inc. will post 10.71 earnings per share for the current fiscal year.

Celestica Profile

Celestica Inc (NYSE: CLS) is a global provider of design, manufacturing, and supply chain solutions for technology companies and other businesses. The company helps customers develop, manufacture, and support complex electronic products and systems, offering services that span product design and engineering, prototyping, printed circuit board assembly, systems integration, testing, supply chain management, and after-market support.

Celestica serves customers across several markets, including communications and cloud infrastructure, aerospace and defense, industrial technology, health technology, and capital equipment.