Diker Management LLC Makes New Investment in Celestica, Inc. $CLS

Diker Management LLC purchased a new position in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 6,000 shares of the technology company’s stock, valued at approximately $1,774,000. Celestica makes up 1.4% of Diker Management LLC’s portfolio, making the stock its 12th largest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Celestica during the 4th quarter worth approximately $28,000. Swiss RE Ltd. acquired a new position in Celestica during the 4th quarter worth approximately $29,000. Cullen Frost Bankers Inc. acquired a new position in Celestica during the 4th quarter worth approximately $30,000. Sittner & Nelson LLC acquired a new position in Celestica during the 4th quarter worth approximately $31,000. Finally, Atlantic Edge Private Wealth Management LLC acquired a new position in Celestica during the 4th quarter worth approximately $38,000. Institutional investors and hedge funds own 67.38% of the company’s stock.

Insider Buying and Selling

In related news, Director Michael Max Wilson sold 4,168 shares of the company’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 completion of the sale, the director owned 24,718 shares in the company, valued at $8,238,756.58. This represents a 14.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through 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 currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Stifel Nicolaus set a $445.00 price target on shares of Celestica in a report on Tuesday, April 28th. Canadian Imperial Bank of Commerce restated an “outperform” rating and set a $480.00 price objective on shares of Celestica in a research report on Wednesday, April 29th. TD Cowen upgraded shares of Celestica from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $350.00 to $430.00 in a research report on Wednesday, April 29th. Weiss Ratings upgraded shares of Celestica from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Celestica from $410.00 to $425.00 and gave the stock an “overweight” rating 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, Celestica has an average rating of “Moderate Buy” and an average price target of $427.42.

Celestica Stock Down 5.2%

Shares of NYSE:CLS opened at $382.40 on Wednesday. The company has a market capitalization of $43.96 billion, a PE ratio of 46.24, a P/E/G ratio of 0.94 and a beta of 2.02. 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 twelve month low of $128.24 and a twelve month high of $474.02. The firm has a 50 day simple moving average of $379.10 and a 200-day simple moving average of $325.55.

Celestica (NYSE:CLS) (TSE:CLS) last issued 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. The business had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.97 billion. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The company’s revenue was up 52.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.20 EPS. 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 EPS for the current fiscal year.

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.