Celestica, Inc. $CLS Shares Sold by Park Avenue Securities LLC

Park Avenue Securities LLC lowered its stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 23.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,280 shares of the technology company’s stock after selling 1,931 shares during the quarter. Park Avenue Securities LLC’s holdings in Celestica were worth $2,278,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of CLS. Washington Trust Advisors Inc. acquired a new position in Celestica during the 2nd quarter worth $28,000. Elevation Wealth Partners LLC acquired a new stake in Celestica in the 3rd quarter valued at about $28,000. Ascentis Independent Advisors acquired a new stake in Celestica in the 1st quarter valued at about $29,000. Mather Group LLC. raised its position in Celestica by 266.7% in the 3rd quarter. Mather Group LLC. now owns 121 shares of the technology company’s stock valued at $44,000 after purchasing an additional 88 shares in the last quarter. Finally, Harbor Investment Advisory LLC purchased a new position in shares of Celestica in the 2nd quarter valued at about $58,000. 67.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Celestica

In related news, President Todd Cooper sold 20,118 shares of the company’s stock in a transaction dated Wednesday, September 23rd. The stock was sold at an average price of $360.00, for a total value of $7,242,480.00. Following the completion of the sale, the president directly owned 73,252 shares of the company’s stock, valued at $26,370,720. This represents a 21.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Robert Mionis sold 23,396 shares of the firm’s stock in a transaction that occurred on Wednesday, September 23rd. The stock was sold at an average price of $364.22, for a total transaction of $8,521,291.12. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 232,641 shares of company stock valued at $85,370,372 in the last three months. 1.10% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. TD Cowen reissued a “buy” rating on shares of Celestica in a research report on Tuesday. UBS Group boosted their price target on shares of Celestica from $430.00 to $453.00 and gave the stock a “buy” rating in a report on Wednesday. BMO Capital Markets reissued an “outperform” rating and issued a $400.00 price objective on shares of Celestica in a research report on Friday, October 23rd. Scotiabank initiated coverage on shares of Celestica in a report on Tuesday, August 11th. They issued a “sector outperform” rating and a $500.00 price objective on the stock. Finally, Bank of America reaffirmed a “buy” rating on shares of Celestica in a research report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $453.32.

Key Celestica News

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Raised outlook and strong AI-driven growth: Celestica exceeded third-quarter expectations, increased its 2026 guidance and outlined an aggressive 2027 growth ramp targeting approximately $40 billion in revenue. Demand for data-center infrastructure and AI-related products remains the primary bullish catalyst. CLS Raises 2026 Outlook as AI Demand Powers an Aggressive 2027 Ramp
• Positive Sentiment: Share repurchase authorization: The TSX accepted Celestica’s normal-course issuer bid, allowing the company to repurchase shares beginning November 3, 2026, through November 2, 2027, or until the program is completed. Buybacks could support per-share earnings and signal management’s confidence in long-term value. Celestica Announces TSX Acceptance of Normal Course Issuer Bid
• Positive Sentiment: Analyst support: Canaccord Genuity raised its price target to $480 and maintained a “buy” rating. Other coverage also remains bullish on Celestica’s AI exposure and earnings growth. Canaccord Genuity Group recommendations
• Neutral Sentiment: Unusually high options activity and post-earnings price volatility indicate heightened investor interest, but do not establish a clear directional signal. Celestica Sees Unusually Large Options Volume
• Negative Sentiment: Execution and valuation concerns: Investors are questioning whether rising capital expenditures, cash-flow pressure, customer concentration and a premium valuation adequately reflect the company’s expected AI growth. These concerns have outweighed the earnings beat in recent trading. CLS Falls 14.4% in a Week as AI Growth Meets Rising Execution Risks

Celestica Price Performance

Shares of NYSE:CLS opened at $264.80 on Friday. The company’s fifty day moving average price is $324.62 and its 200 day moving average price is $331.28. Celestica, Inc. has a 12 month low of $244.51 and a 12 month high of $474.02. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.61 and a quick ratio of 0.68. The firm has a market capitalization of $33.39 billion, a P/E ratio of 25.05, a P/E/G ratio of 0.67 and a beta of 2.01.

Celestica (NYSE:CLS) (TSE:CLS) last released its quarterly earnings data on Monday, October 26th. The technology company reported $3.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.02 by $0.28. Celestica had a net margin of 6.83% and a return on equity of 33.80%. The company had revenue of $5.74 billion during the quarter, compared to the consensus estimate of $5.39 billion. As a group, sell-side analysts predict that Celestica, Inc. will post 11.55 earnings per share for the current fiscal year.

Celestica Company Profile

Celestica Inc is a global provider of design, manufacturing, and supply chain solutions for original equipment manufacturers and other technology companies. The company helps customers develop, produce, and support complex hardware and integrated systems across their product life cycles.

Its services include product design and engineering, electronics and mechanical manufacturing, systems integration, testing, supply chain management, logistics, and after-market support. Celestica serves markets such as communications, enterprise and cloud computing, aerospace and defense, industrial technology, health technology, and capital equipment.

Headquartered in Toronto, Canada, Celestica operates a global network of manufacturing, engineering, and supply chain facilities serving customers in North America, Europe, and Asia.