Money Concepts Capital Corp Has $368,000 Stock Position in Celestica, Inc. $CLS

Money Concepts Capital Corp cut its position in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 53.7% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 1,310 shares of the technology company’s stock after selling 1,522 shares during the quarter. Money Concepts Capital Corp’s holdings in Celestica were worth $368,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of CLS. Capital Planning LLC boosted its holdings in Celestica by 3.2% during the first quarter. Capital Planning LLC now owns 1,025 shares of the technology company’s stock valued at $289,000 after acquiring an additional 32 shares during the period. Seelaus Asset Management LLC acquired a new stake in shares of Celestica in the first quarter valued at about $586,000. Frank Rimerman Advisors LLC increased its stake in shares of Celestica by 18.2% in the first quarter. Frank Rimerman Advisors LLC now owns 1,011 shares of the technology company’s stock worth $285,000 after purchasing an additional 156 shares during the period. PCB Capital LLC increased its stake in shares of Celestica by 3.5% in the first 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 period. Finally, Cvfg LLC acquired a new position in shares of Celestica during the 1st quarter worth about $6,794,000. Institutional investors own 67.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Royal Bank Of Canada increased their price objective on Celestica from $400.00 to $440.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. TD Securities upgraded shares of Celestica from a “hold” rating to a “buy” rating and set a $430.00 target price for the company in a research note on Wednesday, April 29th. The Goldman Sachs Group reissued a “buy” rating and issued a $475.00 price target on shares of Celestica in a report on Tuesday, April 28th. Canadian Imperial Bank of Commerce restated an “outperform” rating and issued a $480.00 price target on shares of Celestica in a research report on Wednesday, April 29th. Finally, Susquehanna boosted their price objective on shares of Celestica from $460.00 to $510.00 and gave the stock a “positive” rating in a report on Wednesday, April 29th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $427.42.

Celestica Trading Up 0.2%

Shares of NYSE CLS opened at $360.53 on Monday. Celestica, Inc. has a 1-year low of $153.11 and a 1-year high of $474.02. The company has a market cap of $41.45 billion, a PE ratio of 43.59, a P/E/G ratio of 0.84 and a beta of 2.05. The company has a current ratio of 1.26, a quick ratio of 0.73 and a debt-to-equity ratio of 0.36. The company has a 50-day moving average of $374.44 and a two-hundred day moving average of $330.83.

Celestica (NYSE:CLS) (TSE:CLS) last released its quarterly earnings results on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, beating the consensus estimate of $2.08 by $0.08. The business had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.97 billion. Celestica had a net margin of 6.95% and a return on equity of 36.91%. Celestica’s revenue was up 52.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.20 earnings per share. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. As a group, equities analysts expect that Celestica, Inc. will post 9.5 earnings per share for the current fiscal year.

Insider Buying and Selling at Celestica

In related news, Director Michael Max Wilson sold 4,168 shares of the firm’s stock in a transaction dated 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 owned 24,718 shares in the company, valued at $8,238,756.58. This trade represents a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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 firm’s stock in a transaction dated Monday, June 15th. The shares were 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 in the company, valued at approximately $32,948,744.60. This represents a 17.10% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 161,168 shares of company stock worth $63,190,485. Insiders own 1.10% of the company’s stock.

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.