Mangrove Partners IM LLC Purchases Shares of 14,525 Celsius Holdings Inc. $CELH

Mangrove Partners IM LLC acquired a new position in Celsius Holdings Inc. (NASDAQ:CELH) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 14,525 shares of the company’s stock, valued at approximately $835,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. IFM Investors Pty Ltd acquired a new stake in Celsius during the first quarter valued at approximately $1,275,000. Royal Bank of Canada grew its position in Celsius by 79.2% in the first quarter. Royal Bank of Canada now owns 257,666 shares of the company’s stock worth $9,179,000 after buying an additional 113,840 shares during the last quarter. NewEdge Advisors LLC grew its position in Celsius by 131.5% in the first quarter. NewEdge Advisors LLC now owns 23,166 shares of the company’s stock worth $825,000 after buying an additional 13,159 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Celsius by 14.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 433,241 shares of the company’s stock valued at $15,432,000 after buying an additional 53,844 shares in the last quarter. Finally, Atria Investments Inc bought a new position in shares of Celsius in the second quarter valued at $216,000. 60.95% of the stock is currently owned by institutional investors.

Celsius Stock Performance

Shares of CELH stock opened at $44.57 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.68 and a quick ratio of 1.37. Celsius Holdings Inc. has a fifty-two week low of $26.36 and a fifty-two week high of $66.74. The stock’s 50-day moving average is $49.56 and its two-hundred day moving average is $51.14. The firm has a market cap of $11.45 billion, a P/E ratio of 178.28, a PEG ratio of 1.44 and a beta of 0.89.

Celsius (NASDAQ:CELH) last announced its quarterly earnings results on Thursday, February 26th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.07. The business had revenue of $721.63 million during the quarter, compared to analyst estimates of $638.17 million. Celsius had a return on equity of 37.68% and a net margin of 4.29%.The firm’s revenue was up 117.2% on a year-over-year basis. During the same period in the previous year, the company earned ($0.11) EPS. Analysts predict that Celsius Holdings Inc. will post 0.89 earnings per share for the current fiscal year.

Analyst Ratings Changes

CELH has been the subject of several research reports. Needham & Company LLC raised their price objective on Celsius from $70.00 to $75.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. Piper Sandler reaffirmed an “overweight” rating and set a $65.00 target price (up from $61.00) on shares of Celsius in a research report on Thursday, January 29th. UBS Group reaffirmed a “buy” rating and set a $70.00 target price (up from $65.00) on shares of Celsius in a report on Wednesday, January 14th. JPMorgan Chase & Co. increased their price target on Celsius from $68.00 to $77.00 and gave the company an “overweight” rating in a research report on Thursday, January 29th. Finally, KeyCorp started coverage on Celsius in a research report on Tuesday, December 16th. They issued a “sector weight” rating for the company. Nineteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Celsius presently has an average rating of “Moderate Buy” and an average target price of $67.72.

Celsius Company 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.