Cvfg LLC bought a new position in Celestica, Inc. (NYSE:CLS – Free Report) (TSE:CLS) in the first quarter, according to the company in its most recent disclosure with the SEC. The fund bought 24,119 shares of the technology company’s stock, valued at approximately $6,794,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ascentis Independent Advisors purchased a new position in shares of Celestica in the 1st quarter worth $29,000. Revisor Wealth Management LLC increased its position in Celestica by 35.6% during the first quarter. Revisor Wealth Management LLC now owns 2,557 shares of the technology company’s stock valued at $720,000 after acquiring an additional 671 shares during the last quarter. QRG Capital Management Inc. increased its position in Celestica by 3.8% during the first quarter. QRG Capital Management Inc. now owns 3,050 shares of the technology company’s stock valued at $859,000 after acquiring an additional 113 shares during the last quarter. HB Wealth Management LLC bought a new position in Celestica in the first quarter valued at about $223,000. Finally, Leonteq Securities AG lifted its holdings in Celestica by 25.9% in the first quarter. Leonteq Securities AG now owns 3,629 shares of the technology company’s stock valued at $1,022,000 after acquiring an additional 746 shares during the period. 67.38% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
CLS has been the subject of a number of recent research reports. Citigroup boosted their price target on Celestica from $338.00 to $415.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Canadian Imperial Bank of Commerce reissued an “outperform” rating and issued a $480.00 price objective on shares of Celestica in a report on Wednesday, April 29th. TD boosted their target price on shares of Celestica from $330.00 to $350.00 and gave the company a “hold” rating in a research report on Monday, April 20th. Royal Bank Of Canada upped their target price on shares of Celestica from $400.00 to $440.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. increased their price target on shares of Celestica from $410.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Two research 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 data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $427.42.
Key Stories 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 Price Performance
NYSE:CLS opened at $345.61 on Wednesday. The company has a quick ratio of 0.73, a current ratio of 1.26 and a debt-to-equity ratio of 0.36. The business’s 50-day simple moving average is $376.13 and its two-hundred day simple moving average is $329.38. The stock has a market cap of $39.74 billion, a PE ratio of 41.79, a P/E/G ratio of 0.81 and a beta of 2.05. Celestica, Inc. has a 52 week low of $152.43 and a 52 week high of $474.02.
Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last announced its quarterly earnings data on Monday, April 27th. The technology company reported $2.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.08 by $0.08. The business had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.97 billion. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The company’s revenue was up 52.8% on a year-over-year basis. During the same period last year, the firm 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, analysts forecast that Celestica, Inc. will post 9.5 EPS for the current fiscal year.
Insider Buying and Selling at Celestica
In other Celestica news, Director Michael Max Wilson sold 4,168 shares of the 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 of the company’s stock, valued at $8,238,756.58. This represents a 14.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Mandeep Chawla sold 17,000 shares of the firm’s stock in a transaction dated 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. The trade was a 17.10% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 161,168 shares of company stock worth $63,190,485. Insiders own 1.10% of the company’s stock.
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.
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