Celestica, Inc. $CLS Shares Newly Purchased by M & L Capital Management Ltd

M & L Capital Management Ltd bought a new stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 5,050 shares of the technology company’s stock, valued at approximately $1,826,000. Celestica accounts for approximately 0.4% of M & L Capital Management Ltd’s holdings, making the stock its 20th largest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CLS. Latitude Advisors LLC acquired a new stake in shares of Celestica in the 3rd quarter worth approximately $40,000. WD Rutherford LLC boosted its holdings in shares of Celestica by 9.8% in the third quarter. WD Rutherford LLC now owns 3,886 shares of the technology company’s stock valued at $1,405,000 after acquiring an additional 346 shares in the last quarter. Oppenheimer & Co. Inc. increased its stake in shares of Celestica by 143.5% during the third quarter. Oppenheimer & Co. Inc. now owns 5,807 shares of the technology company’s stock valued at $2,099,000 after acquiring an additional 3,422 shares during the period. Verdence Capital Advisors LLC increased its stake in shares of Celestica by 8.4% during the third quarter. Verdence Capital Advisors LLC now owns 631 shares of the technology company’s stock valued at $228,000 after acquiring an additional 49 shares during the period. Finally, Maxi Investments CY Ltd acquired a new position in shares of Celestica during the third quarter valued at approximately $691,000. 67.38% of the stock is currently owned by institutional investors.

Key Stories Impacting Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Q3 results exceeded expectations: Celestica reported adjusted EPS of $3.30 versus the $2.93 consensus estimate and revenue of $5.74 billion versus expectations of $5.39 billion. Earnings reportedly increased 108.9% year over year, while revenue rose 82.5%, driven by strong demand in its Connectivity and Cloud Solutions businesses. Celestica Q3 Earnings Beat Estimates on Strong CCS Demand
• Positive Sentiment: Management raised its outlook: Q3 revenue and adjusted EPS came in above the high end of prior guidance, prompting higher full-year 2026 revenue and earnings expectations. Management also outlined an ambitious 2027 revenue target of approximately $40 billion, supported by accelerating AI-related demand and anticipated operating-margin expansion. Celestica Announces Third Quarter 2026 Financial Results
• Positive Sentiment: AI exposure is driving the narrative: Reports describe an AI infrastructure “supercycle,” stronger customer demand extending into 2028, and Celestica as a potentially attractive way to gain AI exposure. The stock’s recent selloff before earnings may also have left valuation looking more compelling to some analysts. Celestica: Soaring On Blowout Earnings And Guidance
• Neutral Sentiment: Options activity confirms heightened speculation: Investors bought 34,315 call options, about 163% above the average daily call volume, signaling increased bullish positioning but also unusually high short-term trading interest.
• Negative Sentiment: Risk remains elevated: CLS has a beta of 2.01 and is trading well below its 52-week high, indicating substantial volatility. The bullish outlook is also dependent on continued AI infrastructure spending and successful execution against the aggressive 2027 targets.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Zacks Research cut Celestica from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Bank of America reaffirmed a “buy” rating on shares of Celestica in a research note on Wednesday, July 29th. TD Cowen reaffirmed a “buy” rating on shares of Celestica in a research note on Tuesday. BWS Financial reiterated a “buy” rating on shares of Celestica in a research report on Tuesday, July 28th. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $400.00 price target on shares of Celestica in a research report on Friday. Twenty-four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $448.30.

Celestica Trading Up 11.9%

NYSE CLS opened at $276.06 on Wednesday. Celestica, Inc. has a 12 month low of $244.51 and a 12 month high of $474.02. The company’s 50 day simple moving average is $325.96 and its 200 day simple moving average is $331.57.

Celestica (NYSE:CLS) (TSE:CLS) last issued its earnings results on Monday, October 26th. The technology company reported $3.30 earnings per share for the quarter, topping analysts’ consensus estimates of $3.02 by $0.28. The business had revenue of $5.74 billion for the quarter, compared to the consensus estimate of $5.39 billion. On average, sell-side analysts anticipate that Celestica, Inc. will post 10.71 EPS for the current fiscal year.

Insider Buying and Selling at Celestica

In other news, CFO Mandeep Chawla sold 16,117 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $369.32, for a total transaction of $5,952,330.44. Following the completion of the sale, the chief financial officer directly owned 65,444 shares of the company’s stock, valued at $24,169,778.08. This trade represents a 19.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Robert Mionis sold 98,453 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $368.99, for a total value of $36,328,172.47. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 243,067 shares of company stock valued at $89,200,967. Corporate insiders own 1.10% of the company’s stock.

Celestica Profile

Celestica Inc is a global provider of design, manufacturing, and supply chain solutions for original equipment manufacturers and other technology companies. The company helps customers develop, produce, and support complex hardware and integrated systems across their product life cycles.

Its services include product design and engineering, electronics and mechanical manufacturing, systems integration, testing, supply chain management, logistics, and after-market support. Celestica serves markets such as communications, enterprise and cloud computing, aerospace and defense, industrial technology, health technology, and capital equipment.

Headquartered in Toronto, Canada, Celestica operates a global network of manufacturing, engineering, and supply chain facilities serving customers in North America, Europe, and Asia.