Lifestyle Asset Management Inc. Decreases Holdings in Celestica, Inc. $CLS

Lifestyle Asset Management Inc. cut its holdings in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 16.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,687 shares of the technology company’s stock after selling 1,470 shares during the quarter. Lifestyle Asset Management Inc.’s holdings in Celestica were worth $2,272,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Cullen Frost Bankers Inc. purchased a new position in shares of Celestica during the fourth quarter worth approximately $30,000. Sittner & Nelson LLC purchased a new position in shares of Celestica during the fourth quarter worth approximately $31,000. Atlantic Edge Private Wealth Management LLC purchased a new position in shares of Celestica during the fourth quarter worth approximately $38,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Celestica by 117.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 137 shares of the technology company’s stock worth $40,000 after buying an additional 74 shares during the period. Finally, Fifth Third Bancorp raised its holdings in Celestica by 48.7% during the 3rd quarter. Fifth Third Bancorp now owns 171 shares of the technology company’s stock valued at $42,000 after buying an additional 56 shares during the last quarter. 67.38% of the stock is owned by hedge funds and other institutional investors.

Celestica Trading Down 7.3%

NYSE:CLS opened at $424.66 on Friday. The company has a fifty day moving average of $363.43 and a 200 day moving average of $321.40. Celestica, Inc. has a 52 week low of $117.28 and a 52 week high of $474.02. The company has a quick ratio of 0.73, a current ratio of 1.26 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $48.82 billion, a P/E ratio of 51.35, a P/E/G ratio of 1.07 and a beta of 2.02.

Celestica (NYSE:CLS) (TSE:CLS) last issued its quarterly earnings data on Monday, April 27th. The technology company reported $2.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.08 by $0.08. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The business had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.97 billion. During the same period in the previous year, the firm earned $1.20 EPS. The company’s quarterly revenue was up 52.8% compared to the same quarter last year. 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, research analysts predict that Celestica, Inc. will post 9.5 earnings per share for the current year.

Insider Buying and Selling

In other Celestica news, Director Michael Max Wilson sold 4,168 shares of the company’s stock in a transaction 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 in the company, valued at approximately $8,238,756.58. This represents a 14.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on CLS. Zacks Research lowered shares of Celestica from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Weiss Ratings upgraded shares of Celestica from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. TD upped their price target on shares of Celestica from $330.00 to $350.00 and gave the company a “hold” rating in a report on Monday, April 20th. Stifel Nicolaus set a $445.00 price target on shares of Celestica in a report on Tuesday, April 28th. Finally, JPMorgan Chase & Co. upped their price target on shares of Celestica from $410.00 to $425.00 and gave the company an “overweight” rating in a report 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. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $427.42.

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.