WINTON GROUP Ltd purchased a new stake in Celestica, Inc. (NYSE:CLS – Free Report) (TSE:CLS) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 5,325 shares of the technology company’s stock, valued at approximately $1,574,000.
Several other institutional investors have also recently added to or reduced their stakes in CLS. NewGen Equity Long Short Fund acquired a new position in Celestica in the 2nd quarter valued at about $14,050,000. Northwestern Mutual Wealth Management Co. increased its position in Celestica by 7,646.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,007 shares of the technology company’s stock valued at $157,000 after acquiring an additional 994 shares during the period. First Trust Advisors LP increased its position in Celestica by 30.0% in the 2nd quarter. First Trust Advisors LP now owns 78,061 shares of the technology company’s stock valued at $12,197,000 after acquiring an additional 18,025 shares during the period. NewEdge Advisors LLC increased its position in Celestica by 385.8% in the 2nd quarter. NewEdge Advisors LLC now owns 2,803 shares of the technology company’s stock valued at $438,000 after acquiring an additional 2,226 shares during the period. Finally, HUB Investment Partners LLC increased its position in Celestica by 11.0% in the 2nd quarter. HUB Investment Partners LLC now owns 3,181 shares of the technology company’s stock valued at $497,000 after acquiring an additional 315 shares during the period. Institutional investors and hedge funds own 67.38% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on CLS. Rothschild & Co Redburn began coverage on Celestica in a report on Friday, May 1st. They issued a “buy” rating and a $460.00 price objective on the stock. JPMorgan Chase & Co. lifted their price objective on Celestica from $410.00 to $425.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Citigroup lifted their price objective on Celestica from $338.00 to $415.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. BMO Capital Markets lifted their price objective on Celestica from $370.00 to $450.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and issued a $480.00 price objective on shares of Celestica in a report on Wednesday, April 29th. One 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 company’s stock. According to data from MarketBeat.com, Celestica has a consensus rating of “Moderate Buy” and an average price target of $427.42.
Celestica Price Performance
Shares of CLS opened at $385.55 on Tuesday. Celestica, Inc. has a twelve month low of $117.28 and a twelve month high of $474.02. The stock’s 50 day moving average is $367.06 and its two-hundred day moving average is $322.44. The firm has a market capitalization of $44.33 billion, a PE ratio of 46.62, a P/E/G ratio of 0.86 and a beta of 2.02. The company has a current ratio of 1.26, a quick ratio of 0.73 and a debt-to-equity ratio of 0.36.
Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last announced its quarterly earnings results on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, topping the consensus estimate of $2.08 by $0.08. The business had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.97 billion. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The company’s quarterly revenue was up 52.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.20 EPS. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. Research analysts anticipate that Celestica, Inc. will post 9.5 earnings per share for the current year.
Insider Activity at Celestica
In other news, Director Michael Max Wilson sold 4,168 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $333.31, for a total transaction of $1,389,236.08. Following the sale, the director owned 24,718 shares of the company’s stock, valued at $8,238,756.58. The trade was a 14.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.10% of the stock is owned by company insiders.
Celestica Company 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.
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