Alberta Investment Management Corp Has $17.21 Million Stock Holdings in Celestica, Inc. $CLS

Alberta Investment Management Corp increased its position in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 6.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 58,177 shares of the technology company’s stock after purchasing an additional 3,600 shares during the quarter. Alberta Investment Management Corp’s holdings in Celestica were worth $17,210,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CLS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Celestica in the 4th quarter valued at $28,000. Swiss RE Ltd. bought a new stake in shares of Celestica during the 4th quarter worth $29,000. Cullen Frost Bankers Inc. acquired a new stake in Celestica in the fourth quarter valued at about $30,000. Sittner & Nelson LLC acquired a new stake in Celestica in the fourth quarter valued at about $31,000. Finally, Atlantic Edge Private Wealth Management LLC bought a new position in Celestica in the fourth quarter valued at about $38,000. 67.38% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CLS has been the topic of several research reports. Susquehanna lifted their price target on shares of Celestica from $460.00 to $510.00 and gave the company a “positive” rating in a report on Wednesday, April 29th. Citigroup lifted their price target on shares of Celestica from $338.00 to $415.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Zacks Research downgraded Celestica from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Stifel Nicolaus set a $445.00 target price on Celestica in a research report on Tuesday, April 28th. Finally, UBS Group lifted their target price on Celestica from $355.00 to $400.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $427.42.

Celestica Trading Down 1.9%

NYSE:CLS opened at $372.96 on Friday. The company has a current ratio of 1.26, a quick ratio of 0.73 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $42.88 billion, a price-to-earnings ratio of 45.10, a PEG ratio of 0.88 and a beta of 2.02. The firm has a fifty day simple moving average of $382.39 and a two-hundred day simple moving average of $326.09. Celestica, Inc. has a 12 month low of $130.68 and a 12 month high of $474.02.

Celestica (NYSE:CLS) (TSE:CLS) last issued its earnings results on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $3.97 billion. During the same period in the previous year, the company posted $1.20 EPS. The firm’s 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. Analysts expect that Celestica, Inc. will post 9.5 EPS for the current fiscal year.

Insider Transactions at Celestica

In related news, CEO Robert Mionis sold 66,056 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $400.06, for a total value of $26,426,363.36. Following the transaction, the chief executive officer owned 134,328 shares of the company’s stock, valued at approximately $53,739,259.68. This trade represents a 32.96% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Mandeep Chawla sold 17,000 shares of Celestica stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $399.65, for a total value of $6,794,050.00. Following the transaction, the chief financial officer owned 82,444 shares of the company’s stock, valued at $32,948,744.60. This trade represents a 17.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 161,168 shares of company stock valued at $63,190,485 over the last ninety days. 1.10% of the stock is owned by company insiders.

Key Stories Impacting Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Zacks highlighted Celestica as a GARP stock with solid growth potential and attractive valuation, which supports the bullish case for CLS. Add These 4 GARP Stocks to Your Portfolio to Receive Handsome Returns
• Positive Sentiment: Another Zacks note said Celestica has been showing up frequently in investor searches, suggesting growing interest and speculative demand for the stock. Celestica, Inc. (CLS) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Independent commentary also pointed to Celestica as a possible beneficiary of rising data-center demand, a broader industry tailwind that may help the company’s long-term outlook. Celestica, Inc. (CLS) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: CFO Mandeep Chawla sold 17,000 shares, which may be viewed as a cautionary signal because it adds to recent insider selling. SEC filing for Mandeep Chawla sale
• Negative Sentiment: CEO Robert Mionis sold multiple blocks of shares over June 15-17, a larger insider-sales cluster that could weigh on sentiment as investors question whether management is taking profits after a strong run. SEC filing for Robert Mionis sale

About Celestica

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.