Celestica, Inc. $CLS Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC lifted its holdings in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 7.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,131,175 shares of the technology company’s stock after acquiring an additional 79,624 shares during the quarter. Geode Capital Management LLC owned about 0.98% of Celestica worth $340,447,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in CLS. Expressive Wealth LLC bought a new position in Celestica in the 4th quarter worth about $527,000. Williamson Legacy Group LLC acquired a new stake in Celestica during the fourth quarter valued at approximately $1,944,000. Cary Street Partners Financial LLC lifted its stake in Celestica by 13.8% during the fourth quarter. Cary Street Partners Financial LLC now owns 959 shares of the technology company’s stock valued at $283,000 after purchasing an additional 116 shares during the last quarter. Harbour Investments Inc. lifted its stake in Celestica by 3.7% during the fourth quarter. Harbour Investments Inc. now owns 1,509 shares of the technology company’s stock valued at $446,000 after purchasing an additional 54 shares during the last quarter. Finally, Fisher Asset Management LLC acquired a new stake in Celestica during the fourth quarter valued at approximately $415,000. Institutional investors and hedge funds own 67.38% of the company’s stock.

Celestica Stock Performance

Shares of CLS opened at $427.06 on Tuesday. The company’s fifty day moving average is $353.50 and its 200-day moving average is $318.46. Celestica, Inc. has a 12 month low of $112.74 and a 12 month high of $435.00. The firm has a market cap of $49.10 billion, a price-to-earnings ratio of 51.64, a price-to-earnings-growth ratio of 0.90 and a beta of 2.02. The company has a quick ratio of 0.73, a current ratio of 1.26 and a debt-to-equity ratio of 0.36.

Celestica (NYSE:CLS) (TSE:CLS) last announced its quarterly earnings results on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, topping the consensus estimate of $2.08 by $0.08. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The company had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.97 billion. During the same quarter in the prior year, the business posted $1.20 EPS. 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. Equities analysts expect that Celestica, Inc. will post 9.5 EPS for the current fiscal year.

Insider Transactions at Celestica

In related news, Director Michael Max Wilson sold 4,168 shares of the firm’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $333.31, for a total value of $1,389,236.08. Following the transaction, the director directly owned 24,718 shares in the company, valued at approximately $8,238,756.58. This trade represents a 14.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 1.10% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on CLS shares. BMO Capital Markets upped their price objective on shares of Celestica from $370.00 to $450.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. UBS Group upped their price objective on shares of Celestica from $355.00 to $400.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. upped their price objective on shares of Celestica from $410.00 to $425.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Rothschild & Co Redburn started coverage on shares of Celestica in a research note on Friday, May 1st. They issued a “buy” rating and a $460.00 price objective on the stock. Finally, Stifel Nicolaus set a $445.00 price objective on shares of Celestica in a research note on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target 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.