BW Gestao de Investimentos Ltda. Raises Holdings in Celestica, Inc. $CLS

BW Gestao de Investimentos Ltda. increased its position in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 29.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 31,179 shares of the technology company’s stock after purchasing an additional 7,179 shares during the quarter. BW Gestao de Investimentos Ltda.’s holdings in Celestica were worth $9,217,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Allianz Asset Management GmbH increased its position in shares of Celestica by 7.3% during the third quarter. Allianz Asset Management GmbH now owns 337,397 shares of the technology company’s stock worth $83,044,000 after purchasing an additional 22,863 shares in the last quarter. Spark Investment Management LLC increased its position in shares of Celestica by 17.4% during the third quarter. Spark Investment Management LLC now owns 27,000 shares of the technology company’s stock worth $6,643,000 after purchasing an additional 4,000 shares in the last quarter. Spire Wealth Management increased its position in shares of Celestica by 354.3% during the fourth quarter. Spire Wealth Management now owns 5,979 shares of the technology company’s stock worth $1,767,000 after purchasing an additional 4,663 shares in the last quarter. William Blair Investment Management LLC purchased a new stake in Celestica in the 3rd quarter valued at $28,924,000. Finally, Plato Investment Management Ltd grew its holdings in Celestica by 154.5% in the 3rd quarter. Plato Investment Management Ltd now owns 15,046 shares of the technology company’s stock valued at $3,676,000 after buying an additional 9,135 shares in the last quarter. 67.38% of the stock is currently owned by hedge funds and other institutional investors.

Celestica Price Performance

CLS opened at $427.06 on Tuesday. The stock’s 50-day moving average price is $353.50 and its 200 day moving average price is $318.46. Celestica, Inc. has a 12-month low of $112.74 and a 12-month high of $435.00. The company has a current ratio of 1.26, a quick ratio of 0.73 and a debt-to-equity ratio of 0.36. The firm has a market cap of $49.10 billion, a price-to-earnings ratio of 51.64, a PEG ratio of 0.90 and a beta of 2.02.

Celestica (NYSE:CLS) (TSE:CLS) last posted its earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.08 by $0.08. The firm 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%.Celestica’s revenue was up 52.8% on a year-over-year basis. During the same quarter in the prior 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. As a group, sell-side analysts expect that Celestica, Inc. will post 9.5 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on CLS. Stifel Nicolaus set a $445.00 target price on Celestica in a report on Tuesday, April 28th. Susquehanna upped their target price on Celestica from $460.00 to $510.00 and gave the company a “positive” rating in a report on Wednesday, April 29th. TD upped their target price on Celestica from $330.00 to $350.00 and gave the company a “hold” rating in a report on Monday, April 20th. Citigroup upped their target price on Celestica from $338.00 to $415.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating and issued a $480.00 target price on shares of Celestica in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $427.42.

Insider Transactions at Celestica

In other Celestica news, Director Michael Max Wilson sold 4,168 shares of the stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $333.31, for a total value 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. This trade represents a 14.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.10% of the stock is owned by corporate insiders.

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.