Celestica, Inc. $CLS Shares Purchased by Wealth High Governance Asset Management Ltda.

Wealth High Governance Asset Management Ltda. increased its stake in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 69.6% in the 1st quarter, Holdings Channel.com reports. The fund owned 29,916 shares of the technology company’s stock after acquiring an additional 12,274 shares during the quarter. Celestica comprises approximately 3.0% of Wealth High Governance Asset Management Ltda.’s investment portfolio, making the stock its 14th biggest position. Wealth High Governance Asset Management Ltda.’s holdings in Celestica were worth $8,427,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Celestica during the 4th quarter worth about $28,000. Swiss RE Ltd. purchased a new position in Celestica during the fourth quarter worth approximately $29,000. Cullen Frost Bankers Inc. acquired a new position in shares of Celestica during the 4th quarter valued at about $30,000. Sittner & Nelson LLC acquired a new position in Celestica in the 4th quarter valued at about $31,000. Finally, Ascentis Independent Advisors acquired a new position in Celestica in the first quarter valued at approximately $29,000. 67.38% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Strong Q2 results and higher guidance: Celestica reportedly exceeded revenue and adjusted EPS expectations again, while raising its full-year outlook for the third time in six months. Revenue increased sharply year over year, reinforcing confidence in execution and AI infrastructure demand. Celestica Q2 2026: Beat, Raise, Accelerate, And Still 31% Off The High
• Positive Sentiment: AI-driven growth pipeline: Enterprise revenue growth was especially strong, and management expects further acceleration in 2027. New multibillion-dollar programs tied to OpenAI’s custom accelerator and AMD’s Helios switch could support longer-term revenue and earnings growth. CLS Shows How AI Networking is Reshaping Electronics Manufacturing
• Positive Sentiment: Analyst support remains favorable: The average analyst price target implies approximately 31% upside. More importantly, the article notes broad upward earnings-estimate revisions, which are generally a stronger signal than price-target averages alone. Wall Street Analysts See a 30.96% Upside in Celestica
• Neutral Sentiment: Investor attention is elevated: CLS is attracting substantial retail and market interest following its earnings performance, increasing visibility but potentially also contributing to short-term volatility. Celestica Is Attracting Investor Attention
• Negative Sentiment: Valuation and sector risk are weighing on the stock: After a major AI-related rally, investors may be locking in gains and questioning whether continued earnings growth justifies CLS’s elevated valuation. The broader AI hardware group is also experiencing a pullback or “pause,” which can pressure even companies reporting strong results. Celestica Q2: Showing Strength Amid The AI Pause

Insiders Place Their Bets

In other Celestica news, CFO Mandeep Chawla sold 17,000 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $399.65, for a total transaction of $6,794,050.00. Following the transaction, the chief financial officer directly owned 82,444 shares in the company, valued at approximately $32,948,744.60. This represents a 17.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Michael Max Wilson sold 4,168 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The shares were 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 161,168 shares of company stock worth $63,190,485. 1.10% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages have weighed in on CLS. Weiss Ratings raised shares of Celestica from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday. The Goldman Sachs Group reissued a “buy” rating and set a $475.00 target price on shares of Celestica in a research note on Tuesday, April 28th. Canadian Imperial Bank of Commerce boosted their price target on shares of Celestica from $480.00 to $500.00 and gave the stock an “outperform” rating in a report on Wednesday. JPMorgan Chase & Co. increased their price objective on Celestica from $445.00 to $485.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Finally, Wolfe Research increased their target price on shares of Celestica from $425.00 to $475.00 and gave the company an “outperform” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Celestica currently has a consensus rating of “Moderate Buy” and an average target price of $437.00.

Celestica Stock Down 0.2%

CLS stock opened at $330.83 on Monday. Celestica, Inc. has a one year low of $173.23 and a one year high of $474.02. The company has a fifty day moving average of $360.70 and a 200-day moving average of $333.66. The stock has a market capitalization of $38.04 billion, a PE ratio of 34.39 and a beta of 2.05. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.68 and a current ratio of 1.23.

Celestica (NYSE:CLS) (TSE:CLS) last released its earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.29 by $0.25. Celestica had a return on equity of 39.96% and a net margin of 7.16%.The company had revenue of $4.68 billion for the quarter, compared to analysts’ expectations of $4.30 billion. During the same quarter in the previous year, the firm posted $1.39 EPS. The firm’s quarterly revenue was up 62.4% on a year-over-year basis. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. As a group, analysts expect that Celestica, Inc. will post 9.97 EPS for the current year.

Celestica Company Profile

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.