Mufg Securities Canada LTD. Purchases Shares of 175,158 Celestica, Inc. $CLS

Mufg Securities Canada LTD. purchased a new stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 175,158 shares of the technology company’s stock, valued at approximately $52,339,000. Celestica accounts for about 1.5% of Mufg Securities Canada LTD.’s holdings, making the stock its 22nd biggest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Pinney & Scofield Inc. raised its position in Celestica by 20.0% during the 3rd quarter. Pinney & Scofield Inc. now owns 180 shares of the technology company’s stock valued at $44,000 after purchasing an additional 30 shares during the last quarter. LeConte Wealth Management LLC raised its position in shares of Celestica by 3.5% in the 4th quarter. LeConte Wealth Management LLC now owns 1,001 shares of the technology company’s stock worth $296,000 after acquiring an additional 34 shares in the last quarter. Terra Nova Asset Management LLC raised its position in shares of Celestica by 2.3% in the 4th quarter. Terra Nova Asset Management LLC now owns 1,686 shares of the technology company’s stock worth $498,000 after acquiring an additional 38 shares in the last quarter. Oxinas Partners LLC raised its position in shares of Celestica by 1.4% in the 4th quarter. Oxinas Partners LLC now owns 2,958 shares of the technology company’s stock worth $874,000 after acquiring an additional 40 shares in the last quarter. Finally, Avantax Planning Partners Inc. raised its position in shares of Celestica by 2.7% in the 4th quarter. Avantax Planning Partners Inc. now owns 1,528 shares of the technology company’s stock worth $452,000 after acquiring an additional 40 shares in the last quarter. Institutional investors own 67.38% of the company’s stock.

Insider Buying and Selling

In related news, Director Michael Max Wilson sold 4,168 shares of the firm’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $333.31, for a total value of $1,389,236.08. Following the transaction, the director directly owned 24,718 shares of the company’s stock, valued at approximately $8,238,756.58. This trade 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 this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Barclays increased their target price on Celestica from $391.00 to $441.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Rothschild & Co Redburn started coverage on Celestica in a research report on Friday, May 1st. They issued a “buy” rating and a $460.00 target price for the company. Royal Bank Of Canada raised their price objective on Celestica from $400.00 to $440.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. Susquehanna raised their price objective on Celestica from $460.00 to $510.00 and gave the company a “positive” rating in a research report on Wednesday, April 29th. Finally, Weiss Ratings raised Celestica from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $427.42.

Celestica Stock Performance

CLS stock opened at $393.85 on Monday. Celestica, Inc. has a 1 year low of $124.72 and a 1 year high of $474.02. The stock’s fifty day moving average price is $375.19 and its 200-day moving average price is $324.67. The company has a market cap of $45.28 billion, a P/E ratio of 47.62, a price-to-earnings-growth ratio of 0.91 and a beta of 2.02. 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 announced its earnings results on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $3.97 billion. During the same period last year, the firm earned $1.20 EPS. Celestica’s revenue for the quarter 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, equities analysts forecast that Celestica, Inc. will post 9.5 earnings per share for the current year.

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.