Mirae Asset Global Investments Co. Ltd. Decreases Stake in Celestica, Inc. $CLS

Mirae Asset Global Investments Co. Ltd. lowered its position in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 13.9% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 33,958 shares of the technology company’s stock after selling 5,502 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Celestica were worth $8,367,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. Valeo Financial Advisors LLC increased its position in shares of Celestica by 8.3% during the third quarter. Valeo Financial Advisors LLC now owns 4,724 shares of the technology company’s stock valued at $1,164,000 after acquiring an additional 361 shares during the last quarter. Truist Financial Corp grew its stake in Celestica by 13.5% in the 3rd quarter. Truist Financial Corp now owns 14,261 shares of the technology company’s stock valued at $3,514,000 after purchasing an additional 1,700 shares during the period. Straight Path Wealth Management increased its position in shares of Celestica by 772.3% during the 3rd quarter. Straight Path Wealth Management now owns 20,500 shares of the technology company’s stock valued at $5,051,000 after purchasing an additional 18,150 shares during the last quarter. Belpointe Asset Management LLC increased its position in shares of Celestica by 240.5% during the 3rd quarter. Belpointe Asset Management LLC now owns 7,492 shares of the technology company’s stock valued at $1,846,000 after purchasing an additional 5,292 shares during the last quarter. Finally, Fortis Capital Advisors LLC raised its stake in shares of Celestica by 240.5% during the 3rd quarter. Fortis Capital Advisors LLC now owns 7,492 shares of the technology company’s stock worth $1,846,000 after purchasing an additional 5,292 shares during the period. 67.38% of the stock is owned by institutional investors.

More Celestica News

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Q4 beat and AI-led demand — Celestica reported very strong Q4 results with revenue and gross profit surging on hyperscaler/data-center demand; management lifted 2026 revenue, margin and EPS targets, underpinning a multi-quarter growth thesis. Celestica: A 2026 AI Opportunity With Growth Potential
• Positive Sentiment: Upgraded guidance — Celestica raised FY2026 revenue to ~$17B and issued higher EPS guidance for Q1 and FY2026, signaling stronger-than-expected demand visibility into AI infrastructure spend. Celestica Inc (CLS) Q4 2025 Earnings Call Highlights
• Positive Sentiment: Analyst support — TD Securities raised its price target from $305 to $330 (hold), signaling upside versus current levels; RBC reiterated a Buy, reflecting institutional confidence in the AI/capacity cycle. Analyst Ratings (BayStreet.CA) RBC Capital Remains a Buy on Celestica
• Neutral Sentiment: Institutional coverage begins — Bank of America initiated coverage, which can increase visibility and trading but doesn’t by itself change fundamentals until a rating/target is published. Bank of America Begins Coverage on Celestica
• Negative Sentiment: CapEx acceleration spooks market — Management said it is accelerating roughly $1B of capex to support AI-driven demand; while that supports long-term revenue, the larger near-term spending plan triggered a sharp sell-off from investors focused on cash/use and execution risk. Celestica raises 2026 revenue outlook to $17B (Seeking Alpha) Celestica stock sinks over 15% as firm boosts spending plan
• Negative Sentiment: Investor litigation — A Pomerantz law firm investigation into Celestica was announced, raising short-term legal and disclosure uncertainty for shareholders. Pomerantz Investigates Claims on Behalf of Investors

Celestica Trading Down 6.3%

Shares of CLS stock opened at $281.09 on Friday. The stock has a market capitalization of $32.34 billion, a price-to-earnings ratio of 39.15 and a beta of 1.87. The company’s fifty day simple moving average is $311.11 and its two-hundred day simple moving average is $267.31. Celestica, Inc. has a 1 year low of $58.05 and a 1 year high of $363.40. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.47 and a quick ratio of 0.88.

Analysts Set New Price Targets

Several research firms recently weighed in on CLS. UBS Group increased their price target on shares of Celestica from $208.00 to $350.00 and gave the company a “neutral” rating in a research report on Wednesday, October 29th. Barclays increased their target price on shares of Celestica from $359.00 to $391.00 and gave the company an “overweight” rating in a research report on Friday. CIBC lifted their price target on shares of Celestica from $315.00 to $400.00 and gave the stock an “outperform” rating in a report on Wednesday, October 29th. Bank of America began coverage on Celestica in a report on Wednesday. They set a “buy” rating and a $400.00 price objective for the company. Finally, JPMorgan Chase & Co. boosted their target price on Celestica from $295.00 to $360.00 and gave the company an “overweight” rating in a research note on Wednesday, October 29th. Fifteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $345.41.

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.