Celestica, Inc. $CLS Shares Sold by Forsta AP Fonden

Forsta AP Fonden lowered its holdings in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 12.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 67,000 shares of the technology company’s stock after selling 9,500 shares during the quarter. Forsta AP Fonden owned approximately 0.06% of Celestica worth $19,845,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Norges Bank purchased a new position in shares of Celestica during the 4th quarter valued at approximately $456,511,000. Eurizon SLJ Capital Ltd purchased a new stake in Celestica in the 4th quarter worth $519,000. Fiducient Advisors LLC acquired a new position in Celestica during the fourth quarter worth $774,000. Northwestern Mutual Wealth Management Co. raised its position in Celestica by 117.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 137 shares of the technology company’s stock worth $40,000 after acquiring an additional 74 shares during the period. Finally, Jupiter Asset Management Ltd. purchased a new position in Celestica during the fourth quarter valued at $21,192,000. 67.38% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently commented on CLS. Zacks Research cut shares of Celestica from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $475.00 price target on shares of Celestica in a research note on Tuesday, April 28th. Barclays lifted their price objective on Celestica from $391.00 to $441.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. JPMorgan Chase & Co. increased their target price on Celestica from $410.00 to $425.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Finally, TD Cowen upgraded Celestica from a “hold” rating to a “buy” rating and raised their target price for the company from $350.00 to $430.00 in a research report on Wednesday, April 29th. One 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’s stock. Based on data from MarketBeat.com, Celestica presently has an average rating of “Moderate Buy” and an average price target of $427.42.

Celestica Price Performance

Shares of NYSE CLS opened at $386.28 on Friday. The firm has a 50-day simple moving average of $350.64 and a 200-day simple moving average of $317.98. 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 stock has a market capitalization of $44.41 billion, a price-to-earnings ratio of 46.71, a price-to-earnings-growth ratio of 0.90 and a beta of 2.09. Celestica, Inc. has a 52 week low of $110.54 and a 52 week high of $435.00.

Celestica (NYSE:CLS) (TSE:CLS) last posted its quarterly 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 net margin of 6.95% and a return on equity of 36.91%. The firm had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.97 billion. During the same period in the previous year, the business posted $1.20 earnings per share. Celestica’s quarterly revenue was up 52.8% on a year-over-year basis. 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 fiscal year.

Insider Buying and Selling at Celestica

In other news, Director Michael Max Wilson sold 4,168 shares of the business’s stock in a transaction that occurred 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 transaction, the director directly owned 24,718 shares in the company, valued at $8,238,756.58. The trade was a 14.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 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.