Expressive Wealth LLC Takes Position in Celestica, Inc. $CLS

Expressive Wealth LLC bought a new position in Celestica, Inc. (NYSE:CLS) (TSE:CLS) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,784 shares of the technology company’s stock, valued at approximately $651,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Celestica in the fourth quarter valued at $28,000. Ascentis Independent Advisors bought a new position in shares of Celestica during the first quarter valued at $29,000. Swiss RE Ltd. bought a new position in shares of Celestica during the fourth quarter valued at $29,000. Cullen Frost Bankers Inc. acquired a new stake in shares of Celestica in the 4th quarter valued at $30,000. Finally, Sittner & Nelson LLC acquired a new stake in shares of Celestica in the 4th quarter valued at $31,000. Institutional investors own 67.38% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. TD Securities raised shares of Celestica from a “hold” rating to a “buy” rating and set a $430.00 price target for the company in a report on Wednesday, April 29th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $475.00 price objective on shares of Celestica in a research note on Tuesday, April 28th. Weiss Ratings lowered shares of Celestica from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, August 13th. UBS Group reiterated a “neutral” rating and issued a $410.00 target price on shares of Celestica in a research note on Wednesday, July 29th. Finally, Canadian Imperial Bank of Commerce boosted their target price on Celestica from $480.00 to $500.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $438.86.

Celestica Stock Performance

Shares of Celestica stock opened at $296.03 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.23 and a quick ratio of 0.68. The firm has a market cap of $34.04 billion, a P/E ratio of 30.77 and a beta of 2.06. The firm has a 50 day simple moving average of $341.15 and a 200 day simple moving average of $335.16. Celestica, Inc. has a fifty-two week low of $179.01 and a fifty-two week high of $474.02.

Celestica (NYSE:CLS) (TSE:CLS) last posted its quarterly earnings data on Monday, July 27th. The technology company reported $2.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.29 by $0.25. The firm had revenue of $4.68 billion for the quarter, compared to the consensus estimate of $4.30 billion. Celestica had a return on equity of 39.96% and a net margin of 7.16%.The business’s revenue for the quarter was up 62.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.39 EPS. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. Sell-side analysts predict that Celestica, Inc. will post 10.15 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Robert Mionis sold 23,496 shares of the company’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $362.39, for a total transaction of $8,514,715.44. Following the transaction, the chief executive officer owned 23,396 shares of the company’s stock, valued at $8,478,476.44. This represents a 50.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Mandeep Chawla sold 16,117 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $369.32, for a total value of $5,952,330.44. Following the completion of the transaction, the chief financial officer owned 65,444 shares in the company, valued at approximately $24,169,778.08. This represents a 19.76% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 356,553 shares of company stock valued at $135,238,444. 1.10% of the stock is currently owned by corporate insiders.

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.