1,405 Shares in Celestica, Inc. $CLS Acquired by Fisher Asset Management LLC

Fisher Asset Management LLC bought a new position in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) in the 4th quarter, Holdings Channel reports. The fund bought 1,405 shares of the technology company’s stock, valued at approximately $415,000.

A number of other hedge funds have also recently added to or reduced their stakes in CLS. Cullen Frost Bankers Inc. acquired a new stake in Celestica in the fourth quarter valued at approximately $30,000. Atlantic Edge Private Wealth Management LLC acquired a new stake in Celestica in the fourth quarter valued at approximately $38,000. Fifth Third Bancorp grew its stake in Celestica by 48.7% in the third quarter. Fifth Third Bancorp now owns 171 shares of the technology company’s stock valued at $42,000 after acquiring an additional 56 shares during the period. Pinney & Scofield Inc. grew its stake in Celestica by 20.0% in the third quarter. Pinney & Scofield Inc. now owns 180 shares of the technology company’s stock valued at $44,000 after acquiring an additional 30 shares during the period. Finally, Park Square Financial Group LLC grew its stake in Celestica by 36.3% in the fourth quarter. Park Square Financial Group LLC now owns 154 shares of the technology company’s stock valued at $46,000 after acquiring an additional 41 shares during the period. Institutional investors and hedge funds own 67.38% of the company’s stock.

Insiders Place Their Bets

In other Celestica news, Director Michael Max Wilson sold 4,168 shares of the business’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $333.31, for a total value of $1,389,236.08. Following the transaction, the director owned 24,718 shares of the company’s stock, valued at approximately $8,238,756.58. The trade was a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 1.10% of the company’s stock.

Celestica Stock Up 0.2%

CLS stock opened at $386.28 on Monday. The stock’s fifty day simple moving average is $350.64 and its two-hundred day simple moving average is $317.79. 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 $110.54 and a 1-year high of $435.00. The stock has a market cap of $44.41 billion, a P/E ratio of 46.71, a P/E/G ratio of 0.90 and a beta of 2.02.

Celestica (NYSE:CLS) (TSE:CLS) last posted its quarterly earnings data on Monday, April 27th. The technology company reported $2.16 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.08. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The business had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.97 billion. During the same quarter in the previous year, the firm earned $1.20 earnings per share. The business’s 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. Analysts expect that Celestica, Inc. will post 9.5 EPS for the current year.

Wall Street Analyst Weigh In

CLS has been the subject of a number of research reports. Canadian Imperial Bank of Commerce reissued an “outperform” rating and issued a $480.00 price objective on shares of Celestica in a research note on Wednesday, April 29th. Royal Bank Of Canada boosted their target price on shares of Celestica from $400.00 to $440.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Bank of America boosted their target price on shares of Celestica from $400.00 to $430.00 and gave the stock a “buy” rating in a research report on Monday, April 20th. Barclays boosted their target price on shares of Celestica from $391.00 to $441.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Finally, BMO Capital Markets raised their price objective on Celestica from $370.00 to $450.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. One equities research 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 stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $427.42.

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.