Severin Investments LLC Purchases New Stake in Celestica, Inc. $CLS

Severin Investments LLC bought a new position in Celestica, Inc. (NYSE:CLS) (TSE:CLS) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,499 shares of the technology company’s stock, valued at approximately $443,000.

Several other hedge funds also recently bought and sold shares of CLS. Northwestern Mutual Wealth Management Co. increased its position in Celestica by 5,806,149.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,657,937 shares of the technology company’s stock worth $1,081,323,000 after purchasing an additional 3,657,874 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its position in Celestica by 471.5% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 3,146,928 shares of the technology company’s stock worth $775,133,000 after purchasing an additional 2,596,318 shares during the last quarter. Viking Global Investors LP acquired a new position in Celestica in the 3rd quarter worth about $424,459,000. BNP Paribas Financial Markets increased its position in Celestica by 6,788.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 438,777 shares of the technology company’s stock worth $108,106,000 after purchasing an additional 432,407 shares during the last quarter. Finally, Marshall Wace LLP increased its position in Celestica by 1,249.0% in the 3rd quarter. Marshall Wace LLP now owns 278,928 shares of the technology company’s stock worth $68,722,000 after purchasing an additional 258,251 shares during the last quarter. 67.38% of the stock is owned by institutional investors and hedge funds.

More Celestica News

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 Activity

In other news, Director Michael Max Wilson sold 4,168 shares of the company’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 completion of the sale, the director owned 24,718 shares in the company, valued at approximately $8,238,756.58. This represents a 14.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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 Upgrades and Downgrades

Several brokerages have weighed in on CLS. BMO Capital Markets upped 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. Stifel Nicolaus set a $445.00 target price on Celestica in a research report on Tuesday, April 28th. Bank of America upped 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. Citigroup upped their target price on Celestica from $338.00 to $415.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and issued a $480.00 target price on shares of Celestica in a research report on Wednesday, April 29th. One 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. According to MarketBeat.com, Celestica currently has a consensus rating of “Moderate Buy” and a consensus price target of $427.42.

Celestica Stock Performance

CLS opened at $356.77 on Thursday. The company has a market cap of $41.02 billion, a PE ratio of 43.14, a price-to-earnings-growth ratio of 0.86 and a beta of 2.09. The stock has a 50-day moving average of $347.02 and a 200-day moving average of $317.29. Celestica, Inc. has a 52-week low of $110.54 and a 52-week high of $435.00. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.73 and a current ratio of 1.26.

Celestica (NYSE:CLS) (TSE:CLS) last released its quarterly earnings results 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 company had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.97 billion. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The firm’s revenue was up 52.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.20 EPS. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. As a group, equities research analysts forecast that Celestica, Inc. will post 9.5 earnings per share for the current fiscal year.

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.