Fiduciary Financial Group LLC Invests $524,000 in Celestica, Inc. $CLS

Fiduciary Financial Group LLC purchased a new position in Celestica, Inc. (NYSE:CLS) (TSE:CLS) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,519 shares of the technology company’s stock, valued at approximately $524,000.

Other hedge funds have also recently modified their holdings of the company. Voya Investment Management LLC grew its holdings in shares of Celestica by 362.8% in the first quarter. Voya Investment Management LLC now owns 1,854,085 shares of the technology company’s stock worth $146,122,000 after acquiring an additional 1,453,473 shares during the period. Alkeon Capital Management LLC bought a new stake in shares of Celestica in the first quarter worth $96,936,000. Alliancebernstein L.P. grew its holdings in shares of Celestica by 405.5% in the first quarter. Alliancebernstein L.P. now owns 731,937 shares of the technology company’s stock worth $57,684,000 after acquiring an additional 587,145 shares during the period. JAT Capital Mgmt LP bought a new stake in shares of Celestica in the first quarter worth $40,077,000. Finally, BNP Paribas Financial Markets grew its holdings in shares of Celestica by 79.3% in the first quarter. BNP Paribas Financial Markets now owns 991,776 shares of the technology company’s stock worth $78,162,000 after acquiring an additional 438,762 shares during the period. Hedge funds and other institutional investors own 67.38% of the company’s stock.

Celestica Price Performance

NYSE:CLS opened at $241.65 on Friday. The company has a current ratio of 1.44, a quick ratio of 0.86 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $27.80 billion, a P/E ratio of 52.30 and a beta of 1.89. Celestica, Inc. has a 12 month low of $44.46 and a 12 month high of $257.40. The business’s 50-day moving average is $192.94 and its 200 day moving average is $134.84.

Celestica (NYSE:CLS) (TSE:CLS) last posted its earnings results on Monday, July 28th. The technology company reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.16. Celestica had a return on equity of 28.23% and a net margin of 5.11%.The company had revenue of $2.89 billion for the quarter, compared to the consensus estimate of $2.65 billion. During the same period in the previous year, the business earned $0.91 earnings per share. The firm’s revenue for the quarter was up 21.0% on a year-over-year basis. Celestica has set its Q3 2025 guidance at 1.370-1.530 EPS. FY 2025 guidance at 5.500-5.500 EPS. On average, equities research analysts forecast that Celestica, Inc. will post 4.35 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

CLS has been the subject of several recent research reports. CICC Research initiated coverage on Celestica in a report on Tuesday, August 19th. They set an “outperform” rating for the company. BNP Paribas raised Celestica to a “strong-buy” rating in a research note on Wednesday, June 11th. UBS Group reaffirmed a “neutral” rating and issued a $208.00 price objective (up previously from $101.00) on shares of Celestica in a research note on Wednesday, July 30th. Canaccord Genuity Group upped their price objective on Celestica from $126.00 to $240.00 and gave the stock a “buy” rating in a research note on Wednesday, July 30th. Finally, Royal Bank Of Canada upped their price objective on Celestica from $185.00 to $225.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $174.75.

Celestica Profile

Celestica Inc provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.