Celestica, Inc. $CLS Shares Bought by Broad Peak Investment Advisers Pte Ltd

Broad Peak Investment Advisers Pte Ltd lifted its position in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 55.7% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 93,400 shares of the technology company’s stock after acquiring an additional 33,400 shares during the quarter. Celestica makes up about 5.3% of Broad Peak Investment Advisers Pte Ltd’s investment portfolio, making the stock its 8th largest position. Broad Peak Investment Advisers Pte Ltd’s holdings in Celestica were worth $26,309,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in CLS. Vanguard Group Inc. increased its position in Celestica by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 4,811,695 shares of the technology company’s stock worth $1,423,333,000 after purchasing an additional 73,022 shares during the period. JPMorgan Chase & Co. raised its holdings in Celestica by 24.8% during the 4th quarter. JPMorgan Chase & Co. now owns 4,017,623 shares of the technology company’s stock worth $1,187,650,000 after purchasing an additional 798,782 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Celestica by 5,806,149.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,657,937 shares of the technology company’s stock valued at $1,081,323,000 after purchasing an additional 3,657,874 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in Celestica by 471.5% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 3,146,928 shares of the technology company’s stock valued at $775,133,000 after purchasing an additional 2,596,318 shares during the period. Finally, Franklin Resources Inc. boosted its stake in shares of Celestica by 18.6% in the 4th quarter. Franklin Resources Inc. now owns 2,278,214 shares of the technology company’s stock valued at $673,471,000 after purchasing an additional 356,797 shares during the last quarter. Institutional investors and hedge funds own 67.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and set a $480.00 price target on shares of Celestica in a research report on Wednesday, April 29th. Stifel Nicolaus set a $445.00 price objective on shares of Celestica in a report on Tuesday, April 28th. Susquehanna raised their price objective on shares of Celestica from $460.00 to $510.00 and gave the company a “positive” rating in a research note on Wednesday, April 29th. Rothschild & Co Redburn assumed coverage on shares of Celestica in a report on Friday, May 1st. They set a “buy” rating and a $460.00 target price for the company. Finally, Royal Bank Of Canada lifted their target price on shares of Celestica from $400.00 to $440.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. One 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. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $427.42.

Insider Buying and Selling

In other Celestica news, CEO Robert Mionis sold 66,056 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $400.06, for a total value of $26,426,363.36. Following the sale, the chief executive officer directly owned 134,328 shares in the company, valued at approximately $53,739,259.68. This trade represents a 32.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Michael Max Wilson sold 4,168 shares of the stock in a transaction on 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 trade represents a 14.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 161,168 shares of company stock valued at $63,190,485 in the last 90 days. 1.10% of the stock is owned by insiders.

Celestica Price Performance

Shares of CLS opened at $342.98 on Tuesday. The company has a current ratio of 1.26, a quick ratio of 0.73 and a debt-to-equity ratio of 0.36. Celestica, Inc. has a 1 year low of $144.27 and a 1 year high of $474.02. The stock has a market cap of $39.43 billion, a P/E ratio of 41.47, a price-to-earnings-growth ratio of 0.79 and a beta of 2.02. The stock’s 50-day moving average price is $382.26 and its two-hundred day moving average price is $327.82.

Celestica (NYSE:CLS) (TSE:CLS) last posted its 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 analyst estimates of $3.97 billion. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The company’s revenue for the quarter was up 52.8% compared to the same quarter last year. During the same period in the previous year, the company earned $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. On average, equities analysts predict that Celestica, Inc. will post 9.5 earnings per share for the current year.

Celestica 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.