Private Advisor Group LLC Trims Stake in Celestica, Inc. $CLS

Private Advisor Group LLC trimmed its position in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 21.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,146 shares of the technology company’s stock after selling 4,312 shares during the period. Private Advisor Group LLC’s holdings in Celestica were worth $4,548,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Leonteq Securities AG grew its holdings in shares of Celestica by 25.9% in the first quarter. Leonteq Securities AG now owns 3,629 shares of the technology company’s stock worth $1,022,000 after purchasing an additional 746 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new stake in Celestica during the 1st quarter valued at $343,000. Keybank National Association OH boosted its position in Celestica by 33.2% during the 1st quarter. Keybank National Association OH now owns 2,448 shares of the technology company’s stock valued at $690,000 after buying an additional 610 shares during the period. WD Rutherford LLC boosted its position in Celestica by 39.8% during the 1st quarter. WD Rutherford LLC now owns 2,719 shares of the technology company’s stock valued at $766,000 after buying an additional 774 shares during the period. Finally, Tcfg Wealth Management LLC grew its holdings in Celestica by 9.3% in the 1st quarter. Tcfg Wealth Management LLC now owns 1,574 shares of the technology company’s stock worth $443,000 after acquiring an additional 134 shares during the last quarter. Institutional investors own 67.38% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on CLS. UBS Group boosted their price objective on shares of Celestica from $355.00 to $400.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Citigroup lifted their target price on shares of Celestica from $338.00 to $415.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. TD Cowen upgraded shares of Celestica from a “hold” rating to a “buy” rating and boosted their price target for the company from $350.00 to $430.00 in a research report on Wednesday, April 29th. The Goldman Sachs Group reissued a “buy” rating and issued a $475.00 price target on shares of Celestica in a research note on Tuesday, April 28th. Finally, Rothschild & Co Redburn began coverage on shares of Celestica in a report on Friday, May 1st. They issued a “buy” rating and a $460.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $427.42.

Insiders Place Their Bets

In other news, CFO Mandeep Chawla sold 17,000 shares of the company’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $399.65, for a total value of $6,794,050.00. Following the transaction, the chief financial officer owned 82,444 shares of the company’s stock, valued at approximately $32,948,744.60. This represents a 17.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Michael Max Wilson sold 4,168 shares of the business’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $333.31, for a total transaction of $1,389,236.08. Following the completion of the transaction, the director owned 24,718 shares in the company, valued at $8,238,756.58. The trade was a 14.43% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 161,168 shares of company stock worth $63,190,485 over the last three months. Insiders own 1.10% of the company’s stock.

Key Headlines Impacting Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Celestica appointed veteran Steven Dorwart to lead its Connectivity and Cloud Solutions segment, a move that was well received because it suggests continuity in a business closely tied to AI and cloud demand. Celestica Announces Leadership Transition in its Connectivity and Cloud Solutions Segment
• Positive Sentiment: Investors continue to view Celestica as an AI infrastructure beneficiary, with multiple articles highlighting demand for its cloud, data center, and advanced technology solutions as a reason the stock could still have upside. Celestica Announces Leadership Transition in its Connectivity and Cloud Solutions Segment
• Neutral Sentiment: New analysis suggests CLS may be undervalued on some earnings metrics, but also notes that its very strong multi-year rally leaves a high bar for future gains, making the valuation debate a key focus for investors. Celestica (TSX:CLS) Stock May Be Cheap On Fresh AI Growth Guidance
• Neutral Sentiment: Celestica scheduled its second-quarter 2026 earnings release for July 27, which keeps attention on upcoming results and guidance, but does not by itself change fundamentals. Celestica Q2 2026 Financial Results and Conference Call Tuesday July 28 2026
• Negative Sentiment: Recent commentary has turned more cautious, with one article arguing the story is deteriorating and another noting CLS has lagged the industry over the past three months amid margin and segment weakness. Celestica The Story Is Deteriorating
• Negative Sentiment: Celestica also traded lower in the latest session as the market reacted to mixed sentiment, including worries that its recent outperformance may be difficult to sustain. Celestica CLS Registers a Bigger Fall Than the Market Important Facts to Note

Celestica Trading Down 1.3%

NYSE:CLS opened at $345.61 on Wednesday. The firm has a market cap of $39.74 billion, a P/E ratio of 41.79, a PEG ratio of 0.81 and a beta of 2.05. The company has a current ratio of 1.26, a quick ratio of 0.73 and a debt-to-equity ratio of 0.36. The stock’s 50 day simple moving average is $376.13 and its 200-day simple moving average is $329.38. Celestica, Inc. has a 12-month low of $152.43 and a 12-month high of $474.02.

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