Celestica, Inc. $CLS Shares Sold by HMS Capital Management LLC

HMS Capital Management LLC lowered its stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 2.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,921 shares of the technology company’s stock after selling 78 shares during the period. HMS Capital Management LLC’s holdings in Celestica were worth $612,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Freedom Investment Management Inc. boosted its stake in shares of Celestica by 1.5% during the first quarter. Freedom Investment Management Inc. now owns 6,360 shares of the technology company’s stock valued at $501,000 after acquiring an additional 96 shares during the last quarter. First National Bank of Hutchinson boosted its stake in Celestica by 2.5% in the 1st quarter. First National Bank of Hutchinson now owns 4,914 shares of the technology company’s stock worth $387,000 after buying an additional 120 shares during the last quarter. Private Trust Co. NA boosted its stake in Celestica by 14.1% in the 1st quarter. Private Trust Co. NA now owns 993 shares of the technology company’s stock worth $78,000 after buying an additional 123 shares during the last quarter. Anchor Investment Management LLC boosted its stake in Celestica by 15.0% in the 1st quarter. Anchor Investment Management LLC now owns 1,150 shares of the technology company’s stock worth $91,000 after buying an additional 150 shares during the last quarter. Finally, Csenge Advisory Group boosted its stake in Celestica by 7.1% in the 1st quarter. Csenge Advisory Group now owns 2,593 shares of the technology company’s stock worth $218,000 after buying an additional 171 shares during the last quarter. Institutional investors and hedge funds own 67.38% of the company’s stock.

Analyst Upgrades and Downgrades

CLS has been the topic of a number of research analyst reports. BNP Paribas raised Celestica to a “strong-buy” rating in a research note on Wednesday, June 11th. JPMorgan Chase & Co. raised their price target on Celestica from $225.00 to $295.00 and gave the stock an “overweight” rating in a research note on Monday, September 8th. Citigroup raised their price target on Celestica from $172.00 to $212.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 30th. Canaccord Genuity Group raised their price target on Celestica from $126.00 to $240.00 and gave the stock a “buy” rating in a research note on Wednesday, July 30th. Finally, CICC Research began coverage on Celestica in a report on Tuesday, August 19th. They issued an “outperform” rating on the stock. 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 company’s stock. According to MarketBeat.com, Celestica currently has an average rating of “Buy” and a consensus price target of $174.75.

Celestica Stock Performance

Celestica stock opened at $241.65 on Friday. The stock’s 50-day moving average is $192.94 and its 200-day moving average is $135.01. The company has a market cap of $27.80 billion, a price-to-earnings ratio of 52.30 and a beta of 1.89. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.44 and a quick ratio of 0.86. Celestica, Inc. has a 12 month low of $44.46 and a 12 month high of $257.40.

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

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.