Celestica, Inc. $CLS Stake Boosted by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership grew its stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 0.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,152,285 shares of the technology company’s stock after acquiring an additional 5,357 shares during the period. Arrowstreet Capital Limited Partnership owned 2.74% of Celestica worth $931,966,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Celestica in the fourth quarter worth $28,000. Swiss RE Ltd. bought a new stake in Celestica in the fourth quarter worth $29,000. Cullen Frost Bankers Inc. bought a new stake in Celestica in the fourth quarter worth $30,000. Sittner & Nelson LLC bought a new stake in Celestica in the fourth quarter worth $31,000. Finally, Atlantic Edge Private Wealth Management LLC bought a new stake in Celestica in the fourth quarter worth $38,000. 67.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Citigroup upped their price objective on shares of Celestica from $338.00 to $415.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. TD upped their price objective on shares of Celestica from $330.00 to $350.00 and gave the stock a “hold” rating in a report on Monday, April 20th. Wolfe Research upgraded shares of Celestica to a “strong-buy” rating in a report on Tuesday, February 17th. Stifel Nicolaus set a $445.00 price objective on shares of Celestica in a report on Tuesday, April 28th. Finally, Royal Bank Of Canada upped their price objective on shares of Celestica from $400.00 to $440.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $427.42.

Celestica Stock Up 2.1%

CLS stock opened at $393.85 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 0.73. Celestica, Inc. has a 52-week low of $124.72 and a 52-week high of $474.02. The company has a 50-day moving average of $375.19 and a two-hundred day moving average of $324.66. The stock has a market capitalization of $45.28 billion, a price-to-earnings ratio of 47.62, a price-to-earnings-growth ratio of 0.91 and a beta of 2.02.

Celestica (NYSE:CLS) (TSE:CLS) last released its quarterly earnings results 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. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The company had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.97 billion. During the same period in the prior year, the company earned $1.20 earnings per share. The business’s quarterly revenue was up 52.8% compared to the same quarter last year. 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, equities research analysts anticipate that Celestica, Inc. will post 9.5 EPS for the current year.

Insider Transactions at Celestica

In other Celestica news, Director Michael Max Wilson sold 4,168 shares of the company’s 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 sale, the director directly owned 24,718 shares in the company, valued at $8,238,756.58. This represents a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing 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. 1.10% of the stock is owned by company insiders.

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.