NWK Group Inc. Purchases Shares of 17,975 Celestica, Inc. $CLS

Posted by Grant Hamersma on May 28th, 2026

NWK Group Inc. purchased a new stake in shares of Celestica, Inc. (NYSE:CLS – Free Report) (TSE:CLS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 17,975 shares of the technology company’s stock, valued at approximately $5,314,000. Celestica accounts for approximately 1.8% of NWK Group Inc.’s investment portfolio, making the stock its 22nd largest position.

Several other hedge funds have also bought and sold shares of the stock. Geode Capital Management LLC grew its holdings in Celestica by 7.6% during the fourth quarter. Geode Capital Management LLC now owns 1,131,175 shares of the technology company’s stock valued at $340,447,000 after purchasing an additional 79,624 shares during the period. Expressive Wealth LLC bought a new stake in Celestica during the fourth quarter valued at about $527,000. Williamson Legacy Group LLC bought a new stake in Celestica during the fourth quarter valued at about $1,944,000. Cary Street Partners Financial LLC lifted its position in shares of Celestica by 13.8% in the fourth quarter. Cary Street Partners Financial LLC now owns 959 shares of the technology company’s stock valued at $283,000 after acquiring an additional 116 shares in the last quarter. Finally, Harbour Investments Inc. lifted its position in shares of Celestica by 3.7% in the fourth quarter. Harbour Investments Inc. now owns 1,509 shares of the technology company’s stock valued at $446,000 after acquiring an additional 54 shares in the last quarter. Institutional investors own 67.38% of the company’s stock.

Key Stories Impacting Celestica

Here are the key news stories impacting Celestica this week:

Positive Sentiment: Several articles highlighted that Celestica continues to screen well on growth-focused metrics, with Zacks calling it a “strong growth stock” and another note pointing to strong interest coverage, suggesting solid earnings quality and balance-sheet resilience. Article: Here’s Why Celestica (CLS) is a Strong Growth Stock
Positive Sentiment: Analyst coverage remains favorable, with reports saying Celestica carries an average rating of “Moderate Buy” and that Wall Street bulls remain optimistic about the stock. Article: Celestica, Inc. (NYSE:CLS) Given Average Rating of “Moderate Buy” by Analysts
Neutral Sentiment: Market commentary focused on what comes next after last month’s earnings report, with articles noting the stock has already gained since results and that investors are looking for clues in future earnings estimates rather than reacting to a new announcement. Article: Why Is Celestica (CLS) Up 2.6% Since Last Earnings Report?
Neutral Sentiment: A separate valuation-focused note said Celestica’s share price is far above GuruFocus’s GF Value estimate, reinforcing that the stock may be trading at a premium and could be vulnerable to pullbacks after its strong advance. Article: A Look at Celestica Inc (CLS) After 3.5% Decline — GF Value $125.81 vs Price $357.70

Insider Buying and Selling

In related news, Director Michael Max Wilson sold 4,168 shares of the stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $333.31, for a total transaction 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 approximately $8,238,756.58. This represents a 14.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 1.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on CLS. TD Securities upgraded Celestica from a “hold” rating to a “buy” rating and set a $430.00 price objective on the stock in a research report on Wednesday, April 29th. Wolfe Research upgraded Celestica to a “strong-buy” rating in a research report on Tuesday, February 17th. Canadian Imperial Bank of Commerce restated an “outperform” rating and issued a $480.00 price objective on shares of Celestica in a research report on Wednesday, April 29th. UBS Group boosted their price objective on Celestica from $355.00 to $400.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Finally, Bank of America boosted their price objective on Celestica from $400.00 to $430.00 and gave the company a “buy” rating in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $427.42.

View Our Latest Stock Analysis on CLS

Celestica Price Performance

NYSE:CLS opened at $356.77 on Thursday. The company has a current ratio of 1.26, a quick ratio of 0.73 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $41.02 billion, a P/E ratio of 43.14, a P/E/G ratio of 0.86 and a beta of 2.09. Celestica, Inc. has a 12 month low of $110.54 and a 12 month high of $435.00. The business’s 50-day moving average is $347.02 and its 200 day moving average is $317.29.

Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last announced its quarterly earnings results on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, beating analysts’ consensus estimates of $2.08 by $0.08. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The company had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.97 billion. During the same period in the prior year, the company earned $1.20 earnings per share. The firm’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. On average, equities research analysts forecast that Celestica, Inc. will post 9.5 earnings per share for the current fiscal year.

About Celestica

(Free Report)

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.