Celsius Holdings Inc. $CELH Stake Reduced by Braun Stacey Associates Inc.

Braun Stacey Associates Inc. trimmed its holdings in Celsius Holdings Inc. (NASDAQ:CELH) by 7.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 596,726 shares of the company’s stock after selling 46,739 shares during the quarter. Braun Stacey Associates Inc.’s holdings in Celsius were worth $17,472,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. EverSource Wealth Advisors LLC grew its stake in shares of Celsius by 16.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,501 shares of the company’s stock worth $69,000 after purchasing an additional 208 shares during the last quarter. Quadrant Capital Group LLC lifted its stake in Celsius by 1.3% during the third quarter. Quadrant Capital Group LLC now owns 18,459 shares of the company’s stock valued at $1,061,000 after purchasing an additional 238 shares during the last quarter. UMB Bank n.a. lifted its stake in Celsius by 14.2% during the fourth quarter. UMB Bank n.a. now owns 2,049 shares of the company’s stock valued at $94,000 after purchasing an additional 254 shares during the last quarter. Blue Chip Partners LLC boosted its holdings in Celsius by 2.4% during the second quarter. Blue Chip Partners LLC now owns 11,701 shares of the company’s stock worth $543,000 after buying an additional 271 shares in the last quarter. Finally, Crossmark Global Holdings Inc. grew its position in Celsius by 2.6% in the fourth quarter. Crossmark Global Holdings Inc. now owns 11,579 shares of the company’s stock worth $530,000 after buying an additional 292 shares during the last quarter. Institutional investors own 60.95% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on CELH shares. The Goldman Sachs Group set a $45.00 price target on Celsius in a report on Monday, August 10th. Piper Sandler reaffirmed an “overweight” rating and set a $36.00 target price on shares of Celsius in a report on Monday. Sanford C. Bernstein lowered Celsius from an “outperform” rating to a “market perform” rating and decreased their price target for the company from $44.00 to $26.00 in a research report on Friday, August 7th. Roth Capital reissued a “buy” rating and issued a $48.00 price target on shares of Celsius in a research note on Friday, August 7th. Finally, Zacks Research downgraded Celsius from a “hold” rating to a “strong sell” rating in a report on Friday, August 7th. Eighteen investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Celsius presently has an average rating of “Moderate Buy” and an average price target of $50.05.

Celsius Stock Performance

Shares of CELH stock opened at $32.98 on Friday. The company has a market capitalization of $8.35 billion, a price-to-earnings ratio of 137.42, a P/E/G ratio of 2.76 and a beta of 0.95. Celsius Holdings Inc. has a 1-year low of $23.56 and a 1-year high of $66.74. The company has a current ratio of 1.80, a quick ratio of 1.42 and a debt-to-equity ratio of 0.56. The stock’s fifty day simple moving average is $30.03 and its 200-day simple moving average is $34.31.

Celsius (NASDAQ:CELH) last released its earnings results on Thursday, August 6th. The company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.05). The business had revenue of $817.93 million for the quarter, compared to analysts’ expectations of $870.08 million. Celsius had a net margin of 4.24% and a return on equity of 36.52%. The company’s revenue was up 10.6% compared to the same quarter last year. During the same period last year, the firm earned $0.47 EPS. On average, sell-side analysts predict that Celsius Holdings Inc. will post 1.47 earnings per share for the current fiscal year.

Celsius Profile

Celsius Holdings, Inc is an American beverage company known for its line of fitness and energy drinks formulated to support active lifestyles. The company’s flagship product, the Celsius® brand, features beverages enhanced with ingredients such as green tea extract, guarana seed extract and essential vitamins, positioned as a functional alternative to traditional energy drinks. These products are designed to deliver a blend of ingredients that support metabolism and sustained energy without high sugar content or artificial preservatives.

In addition to its core carbonated drink portfolio, Celsius has expanded its offerings to include powder mixes and non-carbonated ready-to-drink variants, catering to consumer preferences around taste, convenience and nutritional needs.