Seelaus Asset Management LLC Makes New $586,000 Investment in Celestica, Inc. $CLS

Seelaus Asset Management LLC bought a new stake in Celestica, Inc. (NYSE:CLS) (TSE:CLS) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,075 shares of the technology company’s stock, valued at approximately $586,000.

A number of other hedge funds have also recently modified their holdings of CLS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Celestica in the fourth quarter valued at $28,000. Ascentis Independent Advisors purchased a new position in shares of Celestica during the first quarter worth about $29,000. Swiss RE Ltd. purchased a new position in shares of Celestica during the fourth quarter worth about $29,000. Cullen Frost Bankers Inc. acquired a new stake in shares of Celestica during the fourth quarter worth about $30,000. Finally, Sittner & Nelson LLC acquired a new stake in shares of Celestica during the fourth quarter worth about $31,000. 67.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Citigroup upped their target price on Celestica from $338.00 to $415.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Barclays lifted their price target on Celestica from $391.00 to $441.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Royal Bank Of Canada boosted their price objective on Celestica from $400.00 to $440.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Zacks Research raised Celestica from a “hold” rating to a “strong-buy” rating in a report on Friday, June 26th. Finally, BMO Capital Markets raised their price objective on shares of Celestica from $370.00 to $450.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Celestica presently has a consensus rating of “Buy” and an average target price of $427.42.

Celestica Stock Up 4.5%

Celestica stock opened at $360.53 on Thursday. The stock’s 50 day moving average price is $374.89 and its 200 day moving average price is $330.02. Celestica, Inc. has a 1-year low of $152.92 and a 1-year high of $474.02. The company has a market cap of $41.45 billion, a PE ratio of 43.59, a price-to-earnings-growth ratio of 0.80 and a beta of 2.05. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 0.73.

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

Key Stories Impacting Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Celestica was highlighted as an undervalued roughly $40 billion company after recently lifting revenue guidance from $17 billion to $19 billion, signaling management expects continued strong demand and execution. This Undervalued $40 Billion Company Is Ready To Soar
• Positive Sentiment: Another report said Celestica stock has climbed 125% over the past 12 months, with the AI boom continuing to support the bull case for more upside. Celestica stock is up 125% in 12 months: more upside ahead?
• Neutral Sentiment: Analysts and commentary pointed to a leadership transition in Celestica’s Connectivity and Cloud Solutions segment, with a longtime executive stepping into the role, which is unlikely to move the stock much on its own. Celestica (TSX:CLS) Could Be 23% Undervalued As Leadership Change Draws Focus
• Neutral Sentiment: Market recap articles noted that CLS recently fell about 1.5% in a prior session, reflecting normal volatility after a strong run rather than a new company-specific problem. Celestica (CLS) Registers a Bigger Fall Than the Market: Important Facts to Note

Insider Activity at Celestica

In other Celestica news, CEO Robert Mionis sold 18,176 shares of the company’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $385.17, for a total transaction of $7,000,849.92. Following the transaction, the chief executive officer directly owned 60,384 shares in the company, valued at approximately $23,258,105.28. This represents a 23.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Mandeep Chawla sold 17,000 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $399.65, for a total transaction of $6,794,050.00. Following the completion of the transaction, the chief financial officer directly owned 82,444 shares of the company’s stock, valued at approximately $32,948,744.60. This trade represents a 17.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 161,168 shares of company stock worth $63,190,485 over the last 90 days. Company insiders own 1.10% of the company’s stock.

About Celestica

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.