Celestica, Inc. $CLS Shares Acquired by Toth Financial Advisory Corp

Toth Financial Advisory Corp grew its holdings in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 54.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,839 shares of the technology company’s stock after acquiring an additional 1,714 shares during the period. Toth Financial Advisory Corp’s holdings in Celestica were worth $1,765,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Celestica during the 4th quarter valued at approximately $28,000. Swiss RE Ltd. acquired a new position in shares of Celestica in the 4th quarter valued at approximately $29,000. Cullen Frost Bankers Inc. acquired a new position in shares of Celestica in the 4th quarter valued at approximately $30,000. Sittner & Nelson LLC purchased a new position in shares of Celestica during the 4th quarter valued at approximately $31,000. Finally, Ascentis Independent Advisors purchased a new position in shares of Celestica during the 1st quarter valued at approximately $29,000. 67.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. upped their target price on shares of Celestica from $445.00 to $485.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Wolfe Research boosted their price objective on Celestica from $425.00 to $475.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Weiss Ratings cut Celestica from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, August 13th. Zacks Research raised Celestica from a “hold” rating to a “strong-buy” rating in a report on Friday, June 26th. Finally, Barclays decreased their target price on Celestica from $430.00 to $406.00 and set an “overweight” rating for the company in a research report on Friday, August 7th. One investment 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’s stock. Based on data from MarketBeat.com, Celestica currently has a consensus rating of “Buy” and a consensus target price of $439.81.

Insider Activity at Celestica

In related news, CEO Robert Mionis sold 23,496 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $362.39, for a total transaction of $8,514,715.44. Following the completion of the transaction, the chief executive officer owned 23,396 shares in the company, valued at $8,478,476.44. The trade was a 50.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Mandeep Chawla sold 16,117 shares of the company’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $369.32, for a total value of $5,952,330.44. Following the transaction, the chief financial officer owned 65,444 shares of the company’s stock, valued at approximately $24,169,778.08. The trade was a 19.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 356,553 shares of company stock worth $135,238,444. Company insiders own 1.10% of the company’s stock.

Celestica Price Performance

CLS opened at $298.87 on Friday. The firm has a market cap of $34.36 billion, a price-to-earnings ratio of 31.07 and a beta of 2.06. Celestica, Inc. has a fifty-two week low of $183.66 and a fifty-two week high of $474.02. The company’s 50-day moving average price is $333.42 and its 200 day moving average price is $335.61. 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 issued its earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.29 by $0.25. The firm had revenue of $4.68 billion for the quarter, compared to analysts’ expectations of $4.30 billion. Celestica had a net margin of 7.16% and a return on equity of 39.96%. Celestica’s revenue was up 62.4% on a year-over-year basis. During the same quarter last year, the company posted $1.39 earnings per share. 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, sell-side analysts expect that Celestica, Inc. will post 10.42 earnings per share for the current year.

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.