19,550 Shares in Celestica, Inc. $CLS Purchased by VMS Asset Management Limited

VMS Asset Management Limited purchased a new position in Celestica, Inc. (NYSE:CLS) (TSE:CLS) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 19,550 shares of the technology company’s stock, valued at approximately $5,779,000. Celestica makes up 2.2% of VMS Asset Management Limited’s portfolio, making the stock its 17th largest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. purchased a new position in Celestica in the fourth quarter worth about $30,000. Sittner & Nelson LLC purchased a new position in Celestica in the fourth quarter worth about $31,000. Atlantic Edge Private Wealth Management LLC purchased a new position in Celestica in the fourth quarter worth about $38,000. Northwestern Mutual Wealth Management Co. grew its position in Celestica by 117.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 137 shares of the technology company’s stock worth $40,000 after acquiring an additional 74 shares in the last quarter. Finally, Park Square Financial Group LLC grew its position in Celestica by 36.3% in the fourth quarter. Park Square Financial Group LLC now owns 154 shares of the technology company’s stock worth $46,000 after acquiring an additional 41 shares in the last quarter. Hedge funds and other institutional investors own 67.38% of the company’s stock.

Celestica Stock Performance

Celestica stock opened at $424.66 on Friday. The company has a 50 day moving average price of $363.43 and a 200-day moving average price of $321.40. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.73 and a current ratio of 1.26. Celestica, Inc. has a fifty-two week low of $117.28 and a fifty-two week high of $474.02. The company has a market capitalization of $48.82 billion, a PE ratio of 51.35, a P/E/G ratio of 1.07 and a beta of 2.02.

Celestica (NYSE:CLS) (TSE:CLS) last posted its quarterly earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share for the quarter, beating the consensus estimate of $2.08 by $0.08. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The firm had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.97 billion. During the same quarter in the previous year, the firm posted $1.20 earnings per share. The company’s revenue was up 52.8% on a year-over-year basis. 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, equities analysts forecast that Celestica, Inc. will post 9.5 earnings per share for the current year.

Insider Buying and Selling at Celestica

In other news, Director Michael Max Wilson sold 4,168 shares of Celestica stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $333.31, for a total transaction of $1,389,236.08. Following the completion of the sale, the director owned 24,718 shares of the company’s stock, valued at approximately $8,238,756.58. The trade was a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on CLS shares. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and issued a $480.00 price target on shares of Celestica in a research report on Wednesday, April 29th. TD raised their price objective on shares of Celestica from $330.00 to $350.00 and gave the stock a “hold” rating in a research note on Monday, April 20th. Wolfe Research raised shares of Celestica to a “strong-buy” rating in a research note on Tuesday, February 17th. Barclays raised their price objective on shares of Celestica from $391.00 to $441.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Finally, Citigroup raised their price objective on shares of Celestica from $338.00 to $415.00 and gave the stock a “buy” rating in a research note 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 company. Based on data from MarketBeat, Celestica currently has an average rating of “Moderate Buy” and an average price target of $427.42.

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.