WD Rutherford LLC bought a new position in Celestica, Inc. (NYSE:CLS – Free Report) (TSE:CLS) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,945 shares of the technology company’s stock, valued at approximately $575,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. First Horizon Corp purchased a new position in Celestica in the third quarter worth about $31,000. Atlantic Edge Private Wealth Management LLC purchased a new position in shares of Celestica during the 4th quarter valued at about $38,000. Fifth Third Bancorp lifted its position in shares of Celestica by 48.7% during the 3rd quarter. Fifth Third Bancorp now owns 171 shares of the technology company’s stock valued at $42,000 after buying an additional 56 shares in the last quarter. LRI Investments LLC purchased a new position in shares of Celestica during the 3rd quarter valued at about $44,000. Finally, Pinney & Scofield Inc. lifted its position in shares of Celestica by 20.0% during the 3rd quarter. Pinney & Scofield Inc. now owns 180 shares of the technology company’s stock valued at $44,000 after buying an additional 30 shares in the last quarter. 67.38% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research analysts have recently weighed in on CLS shares. Rothschild & Co Redburn started coverage on Celestica in a research report on Friday, May 1st. They set a “buy” rating and a $460.00 price objective on the stock. JPMorgan Chase & Co. boosted their price target on Celestica from $410.00 to $425.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. TD Cowen raised Celestica from a “hold” rating to a “buy” rating and boosted their price target for the stock from $350.00 to $430.00 in a report on Wednesday, April 29th. Zacks Research cut Celestica from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $475.00 price target on shares of Celestica in a report on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Celestica has a consensus rating of “Moderate Buy” and an average price target of $427.42.
Celestica Stock Performance
NYSE:CLS opened at $358.50 on Monday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 0.73. Celestica, Inc. has a 1 year low of $109.09 and a 1 year high of $435.00. The stock’s 50 day simple moving average is $332.46 and its two-hundred day simple moving average is $316.48. The company has a market cap of $41.22 billion, a price-to-earnings ratio of 43.35, a PEG ratio of 0.83 and a beta of 2.09.
Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last released its quarterly earnings data on Monday, April 27th. The technology company reported $2.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.08 by $0.08. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The business had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.97 billion. During the same quarter in the previous year, the company posted $1.20 EPS. The company’s revenue was up 52.8% compared to the same quarter last year. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. As a group, equities analysts anticipate that Celestica, Inc. will post 9.5 earnings per share for the current fiscal year.
About Celestica
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.
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