J.W. Cole Advisors Inc. Has $1.14 Million Stock Holdings in Celestica, Inc. $CLS

J.W. Cole Advisors Inc. lessened its position in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 38.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,114 shares of the technology company’s stock after selling 2,540 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Celestica were worth $1,138,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of CLS. NewGen Equity Long Short Fund acquired a new stake in Celestica in the 2nd quarter valued at approximately $14,050,000. Northwestern Mutual Wealth Management Co. raised its position in Celestica by 7,646.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,007 shares of the technology company’s stock valued at $157,000 after buying an additional 994 shares during the last quarter. First Trust Advisors LP raised its position in Celestica by 30.0% in the 2nd quarter. First Trust Advisors LP now owns 78,061 shares of the technology company’s stock valued at $12,197,000 after buying an additional 18,025 shares during the last quarter. NewEdge Advisors LLC raised its position in Celestica by 385.8% in the 2nd quarter. NewEdge Advisors LLC now owns 2,803 shares of the technology company’s stock valued at $438,000 after buying an additional 2,226 shares during the last quarter. Finally, HUB Investment Partners LLC raised its position in Celestica by 11.0% in the 2nd quarter. HUB Investment Partners LLC now owns 3,181 shares of the technology company’s stock valued at $497,000 after buying an additional 315 shares during the last quarter. Institutional investors and hedge funds own 67.38% of the company’s stock.

Wall Street Analyst Weigh In

CLS has been the topic of a number of recent research reports. 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. BMO Capital Markets lifted their target price on Celestica from $370.00 to $450.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. TD Cowen upgraded Celestica from a “hold” rating to a “buy” rating and lifted their target price for the stock from $350.00 to $430.00 in a research note on Wednesday, April 29th. TD lifted their target price on Celestica from $330.00 to $350.00 and gave the stock a “hold” rating in a research note on Monday, April 20th. Finally, Susquehanna boosted their price target on Celestica from $460.00 to $510.00 and gave the company a “positive” rating in a research note on Wednesday, April 29th. One equities research 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’s stock. According to data from MarketBeat.com, Celestica currently has an average rating of “Moderate Buy” and an average target price of $427.42.

Celestica Price Performance

Shares of NYSE CLS opened at $370.97 on Wednesday. The stock has a market capitalization of $42.65 billion, a PE ratio of 44.86, a P/E/G ratio of 0.90 and a beta of 2.02. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 0.73. The business has a fifty day moving average price of $368.88 and a two-hundred day moving average price of $322.85. Celestica, Inc. has a fifty-two week low of $117.28 and a fifty-two week high of $474.02.

Celestica (NYSE:CLS) (TSE:CLS) last announced its quarterly earnings data 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. The firm had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.97 billion. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The company’s quarterly revenue was up 52.8% compared to the same quarter last year. During the same period in the previous year, the firm 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, equities analysts predict that Celestica, Inc. will post 9.5 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Celestica news, Director Michael Max Wilson sold 4,168 shares of Celestica stock in a transaction on 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 completion of the transaction, the director directly owned 24,718 shares of the company’s stock, valued at $8,238,756.58. The trade was a 14.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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.