PensionDanmark Pensionsforsikringsaktieselskab Has $3.77 Million Stake in Celestica, Inc. $CLS

PensionDanmark Pensionsforsikringsaktieselskab boosted its stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 24.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,326 shares of the technology company’s stock after purchasing an additional 2,006 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Celestica were worth $3,765,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Renaissance Technologies LLC acquired a new position in Celestica in the 1st quarter valued at about $68,952,000. CIBC Asset Management Inc lifted its position in Celestica by 7.7% during the fourth quarter. CIBC Asset Management Inc now owns 436,922 shares of the technology company’s stock worth $129,499,000 after acquiring an additional 31,086 shares during the last quarter. Norges Bank bought a new stake in shares of Celestica during the fourth quarter worth approximately $456,511,000. Marietta Investment Partners LLC bought a new stake in shares of Celestica during the fourth quarter worth approximately $1,273,000. Finally, BW Gestao de Investimentos Ltda. grew its position in shares of Celestica by 29.9% in the fourth quarter. BW Gestao de Investimentos Ltda. now owns 31,179 shares of the technology company’s stock valued at $9,217,000 after purchasing an additional 7,179 shares during the last quarter. 67.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CLS has been the topic of a number of recent research reports. UBS Group reiterated a “neutral” rating and set a $410.00 target price on shares of Celestica in a research note on Wednesday, July 29th. Stifel Nicolaus set a $500.00 price objective on Celestica in a report on Tuesday, July 28th. TD increased their price objective on Celestica from $330.00 to $350.00 and gave the stock a “hold” rating in a research report on Monday, April 20th. Susquehanna lifted their target price on Celestica from $460.00 to $510.00 and gave the stock a “positive” rating in a report on Wednesday, April 29th. Finally, Zacks Research raised shares of Celestica from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Celestica currently has a consensus rating of “Moderate Buy” and a consensus target price of $435.80.

Celestica Stock Up 0.0%

Shares of CLS opened at $317.89 on Monday. The company has a current ratio of 1.23, a quick ratio of 0.68 and a debt-to-equity ratio of 0.32. Celestica, Inc. has a 12 month low of $173.23 and a 12 month high of $474.02. The firm’s 50 day moving average is $358.25 and its 200-day moving average is $334.59. The stock has a market capitalization of $36.55 billion, a PE ratio of 33.05 and a beta of 2.06.

Celestica (NYSE:CLS) (TSE:CLS) last issued its quarterly earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.25. The business had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.30 billion. Celestica had a return on equity of 39.96% and a net margin of 7.16%.The firm’s revenue for the quarter was up 62.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.39 earnings per share. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. Equities research analysts forecast that Celestica, Inc. will post 9.97 EPS for the current year.

Insider Activity

In related 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 value of $5,952,330.44. Following the transaction, the chief financial officer owned 65,444 shares in the company, valued at approximately $24,169,778.08. This trade represents a 19.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael Max Wilson sold 4,168 shares of the business’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $333.31, for a total value of $1,389,236.08. Following the completion of the transaction, the director directly owned 24,718 shares of the company’s stock, valued at approximately $8,238,756.58. This trade represents a 14.43% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 337,225 shares of company stock worth $128,112,965. 1.10% of the stock is currently owned by company insiders.

Celestica News Summary

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Celestica completed its equity offering, selling 11.13 million common shares after the underwriters fully exercised their option. The raise is intended to fund capacity expansion and investments supporting multi-year demand for data-center and networking products tied to artificial intelligence. Celestica Completes Equity Offering
• Positive Sentiment: Recent analysis remains constructive on Celestica’s underlying business, citing accelerating AI networking-switch revenue, gross-margin expansion and approximately $1 billion in planned capital spending. The investments could improve the company’s ability to serve hyperscale customers and sustain elevated growth. Celestica Just Unloaded Bad News – Buy It
• Positive Sentiment: Jim Cramer reaffirmed a bullish view after a caller highlighted that 18 of 19 Wall Street analysts rate CLS Buy or Strong Buy. Cramer also pointed to the stock’s roughly 20%–25% pullback from its 52-week high as a reason the valuation may be more attractive. Jim Cramer Reaffirms Buy Stance
• Neutral Sentiment: The offering priced 9.68 million shares at $310 each, with the underwriters’ option increasing total shares sold to 11.13 million. The capital strengthens Celestica’s balance sheet, but investors will need to see sufficient returns from expansion spending to offset the larger share base. Celestica Announces Pricing of Equity Offering
• Negative Sentiment: CLS shares slid after the company announced the approximately $3 billion offering at a discount to the prevailing market price. The issuance is expected to dilute existing shareholders by roughly 8.4%–10% and could create near-term EPS headwinds. Celestica Shares Slide After Equity Offering
• Negative Sentiment: Insider selling added another cautionary signal: CEO Robert Mionis sold more than 149,000 shares across two transactions, while CFO Mandeep Chawla sold 16,117 shares. The sales substantially reduced their direct holdings, although insider transactions do not necessarily indicate a change in business outlook. Celestica Insider Trading

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.