4,895 Shares in Celestica, Inc. $CLS Purchased by J.Safra Asset Management Corp

J.Safra Asset Management Corp purchased a new stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 4,895 shares of the technology company’s stock, valued at approximately $1,786,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CLS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Celestica during the fourth quarter worth approximately $28,000. Swiss RE Ltd. bought a new position in shares of Celestica in the fourth quarter valued at approximately $29,000. Cullen Frost Bankers Inc. acquired a new position in shares of Celestica in the 4th quarter worth approximately $30,000. Sittner & Nelson LLC acquired a new position in shares of Celestica in the 4th quarter worth approximately $31,000. Finally, Ascentis Independent Advisors bought a new stake in Celestica during the 1st quarter worth approximately $29,000. 67.38% of the stock is currently owned by institutional investors and hedge funds.

More Celestica News

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Bank of America identified Celestica among 16 AI-related stocks that may offer bargain opportunities following the sector’s pullback. The designation supports the view that recent weakness could attract value-oriented investors. Bank of America Sees Bargains in These 16 Knocked-Down AI Stocks
• Positive Sentiment: Wall Street’s average brokerage recommendation remains favorable, although the reports caution that sell-side ratings can be overly optimistic. Celestica’s prior quarterly results also showed strong momentum, with revenue rising 62.4% year over year and earnings exceeding consensus estimates. Is Celestica a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: Analysts continue to view Celestica as an important beneficiary of AI-related demand across networking, computing and data-center infrastructure. A comparison with Arista Networks highlights the company’s potential growth opportunity as customers expand AI capacity. CLS vs. ANET: Which AI Stock Offers the Better Growth Opportunity?
• Neutral Sentiment: Scotiabank began coverage of Celestica, potentially increasing analyst visibility and institutional interest, though the available report does not specify the firm’s rating or price target. Scotiabank Begins Coverage on Celestica
• Positive Sentiment: Industry commentary says electronics-manufacturing providers are benefiting from rising technology investment, increasingly complex products and greater outsourcing by OEMs—favorable long-term conditions for Celestica’s core business. These 4 Electronics-Manufacturing Stocks Are Surging
• Negative Sentiment: CEO Robert Mionis sold 23,496 shares for approximately $8.5 million, reducing his direct ownership by about 50%. Although the transaction was disclosed through an SEC filing and may be routine, the sizable insider sale can weigh on sentiment, particularly after the stock’s substantial run-up.
• Negative Sentiment: The broader AI trade is experiencing a pullback, creating near-term valuation and momentum pressure for high-beta names such as Celestica. Investors may therefore be taking profits despite the company’s favorable growth outlook.

Insiders Place Their Bets

In other news, CEO Robert Mionis sold 23,496 shares of the business’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $362.39, for a total transaction of $8,514,715.44. Following the completion of the sale, the chief executive officer owned 23,396 shares in the company, valued at $8,478,476.44. The trade was a 50.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Mandeep Chawla sold 16,117 shares of the company’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $369.32, for a total value of $5,952,330.44. Following the transaction, the chief financial officer directly owned 65,444 shares in the company, valued at $24,169,778.08. This trade represents a 19.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 360,721 shares of company stock valued at $136,627,680. 1.10% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on CLS shares. The Goldman Sachs Group reaffirmed a “buy” rating and set a $475.00 price target on shares of Celestica in a report on Tuesday, April 28th. Barclays decreased their target price on Celestica from $430.00 to $406.00 and set an “overweight” rating on the stock in a report on Friday, August 7th. Susquehanna raised their target price on Celestica from $460.00 to $510.00 and gave the company a “positive” rating in a research note on Wednesday, April 29th. Zacks Research raised Celestica from a “hold” rating to a “strong-buy” rating in a report on Friday, June 26th. Finally, Bank of America reiterated a “buy” rating on shares of Celestica in a research report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Celestica currently has a consensus rating of “Moderate Buy” and a consensus target price of $438.86.

Celestica Stock Performance

Shares of Celestica stock opened at $334.44 on Monday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.23 and a quick ratio of 0.68. The firm has a 50 day simple moving average of $348.14 and a 200 day simple moving average of $335.47. Celestica, Inc. has a fifty-two week low of $173.23 and a fifty-two week high of $474.02. The firm has a market cap of $38.45 billion, a P/E ratio of 34.76 and a beta of 2.06.

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

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.