4,683 Shares in Celestica, Inc. $CLS Acquired by Tacita Capital Inc

Tacita Capital Inc acquired a new position in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 4,683 shares of the technology company’s stock, valued at approximately $1,705,000. Celestica accounts for approximately 0.9% of Tacita Capital Inc’s portfolio, making the stock its 24th largest position.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Renaissance Technologies LLC bought a new stake in shares of Celestica during the 1st quarter worth approximately $68,952,000. CIBC Asset Management Inc boosted its position in shares of Celestica by 7.7% during the 4th 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 in the last quarter. Norges Bank bought a new position in Celestica in the fourth quarter valued at approximately $456,511,000. Marietta Investment Partners LLC bought a new position in Celestica in the fourth quarter valued at approximately $1,273,000. Finally, BW Gestao de Investimentos Ltda. increased its stake in 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 acquiring an additional 7,179 shares during the last quarter. 67.38% of the stock is owned by institutional investors and hedge funds.

Celestica Price Performance

Shares of NYSE:CLS opened at $302.01 on Thursday. Celestica, Inc. has a one year low of $173.23 and a one year high of $474.02. 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 company has a market cap of $34.72 billion, a price-to-earnings ratio of 31.39 and a beta of 2.06. The firm has a 50 day simple moving average of $344.76 and a 200 day simple moving average of $335.28.

Celestica (NYSE:CLS) (TSE:CLS) last posted its earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.25. The firm had revenue of $4.68 billion for the quarter, compared to analysts’ expectations of $4.30 billion. Celestica had a net margin of 7.16% and a return on equity of 39.96%. The company’s revenue was up 62.4% on a year-over-year basis. During the same quarter in the previous year, the firm 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. Research analysts predict that Celestica, Inc. will post 9.97 earnings per share for the current fiscal year.

Insider Buying and Selling at Celestica

In related news, CFO Mandeep Chawla sold 16,117 shares of the business’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $369.32, for a total transaction of $5,952,330.44. Following the sale, the chief financial officer owned 65,444 shares in the company, valued at $24,169,778.08. The trade was a 19.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Robert Mionis sold 23,496 shares of the company’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $362.39, for a total value of $8,514,715.44. Following the completion of the transaction, the chief executive officer directly owned 23,396 shares of the company’s stock, valued at approximately $8,478,476.44. The trade was a 50.11% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 356,553 shares of company stock worth $135,238,444. 1.10% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

CLS has been the subject of several recent analyst reports. Weiss Ratings cut Celestica from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, August 13th. Barclays decreased their price target on Celestica from $430.00 to $406.00 and set an “overweight” rating on the stock in a research note on Friday, August 7th. Stifel Nicolaus set a $500.00 price target on Celestica in a report on Tuesday, July 28th. The Goldman Sachs Group restated a “buy” rating and set a $475.00 price objective on shares of Celestica in a research report on Tuesday, April 28th. Finally, Citigroup lifted their target price on Celestica from $338.00 to $415.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $438.86.

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.