Caldwell Investment Management Ltd. Makes New $2.66 Million Investment in Celestica, Inc. $CLS

Caldwell Investment Management Ltd. bought a new position in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 8,900 shares of the technology company’s stock, valued at approximately $2,663,000. Celestica makes up 1.6% of Caldwell Investment Management Ltd.’s portfolio, making the stock its 12th largest position.

Several other institutional investors have also recently made changes to their positions in CLS. Northwestern Mutual Wealth Management Co. lifted its position in shares of Celestica by 5,806,149.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,657,937 shares of the technology company’s stock worth $1,081,323,000 after acquiring an additional 3,657,874 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of Celestica by 471.5% during the third quarter. Arrowstreet Capital Limited Partnership now owns 3,146,928 shares of the technology company’s stock worth $775,133,000 after acquiring an additional 2,596,318 shares in the last quarter. Viking Global Investors LP purchased a new stake in shares of Celestica during the third quarter worth $424,459,000. Norges Bank purchased a new stake in shares of Celestica during the fourth quarter worth $456,511,000. Finally, JPMorgan Chase & Co. lifted its position in shares of Celestica by 24.8% during the fourth quarter. JPMorgan Chase & Co. now owns 4,017,623 shares of the technology company’s stock worth $1,187,650,000 after acquiring an additional 798,782 shares in the last quarter. Hedge funds and other institutional investors own 67.38% of the company’s stock.

Insiders Place Their Bets

In other Celestica news, Director Michael Max Wilson sold 4,168 shares of the firm’s stock in a transaction dated 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 sale, the director owned 24,718 shares in the company, valued at $8,238,756.58. This trade represents a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.10% of the stock is owned by insiders.

Celestica Trading Down 4.0%

NYSE CLS opened at $370.97 on Wednesday. The stock’s 50-day simple moving average is $368.88 and its two-hundred day simple moving average is $322.85. Celestica, Inc. has a twelve month low of $117.28 and a twelve month 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 company has a market capitalization of $42.65 billion, a price-to-earnings ratio of 44.86, a PEG ratio of 0.90 and a beta of 2.02.

Celestica (NYSE:CLS) (TSE:CLS) last released its quarterly earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share 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 business had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.97 billion. During the same quarter last year, the business posted $1.20 earnings per share. The company’s revenue for the quarter 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. Research analysts forecast that Celestica, Inc. will post 9.5 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have issued reports on CLS shares. Rothschild & Co Redburn started coverage on Celestica in a research report on Friday, May 1st. They set a “buy” rating and a $460.00 target price on the stock. Bank of America increased their target price on Celestica from $400.00 to $430.00 and gave the stock a “buy” rating in a research report on Monday, April 20th. The Goldman Sachs Group restated a “buy” rating and set a $475.00 target price on shares of Celestica in a research report on Tuesday, April 28th. TD Securities upgraded Celestica from a “hold” rating to a “buy” rating and set a $430.00 target price on the stock in a research report on Wednesday, April 29th. Finally, BMO Capital Markets increased their target price on Celestica from $370.00 to $450.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Celestica has an average rating of “Moderate Buy” and a consensus 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.