Nations Financial Group Inc. IA ADV Has $2.75 Million Stock Holdings in Celestica, Inc. $CLS

Nations Financial Group Inc. IA ADV reduced its position in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 21.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,759 shares of the technology company’s stock after selling 2,619 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Celestica were worth $2,749,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Pinney & Scofield Inc. lifted its stake in Celestica by 20.0% during the third quarter. Pinney & Scofield Inc. now owns 180 shares of the technology company’s stock worth $44,000 after purchasing an additional 30 shares during the last quarter. LeConte Wealth Management LLC increased its stake in shares of Celestica by 3.5% in the 4th quarter. LeConte Wealth Management LLC now owns 1,001 shares of the technology company’s stock valued at $296,000 after purchasing an additional 34 shares during the last quarter. Terra Nova Asset Management LLC raised its holdings in shares of Celestica by 2.3% during the 4th quarter. Terra Nova Asset Management LLC now owns 1,686 shares of the technology company’s stock worth $498,000 after buying an additional 38 shares in the last quarter. Oxinas Partners LLC raised its holdings in shares of Celestica by 1.4% during the 4th quarter. Oxinas Partners LLC now owns 2,958 shares of the technology company’s stock worth $874,000 after buying an additional 40 shares in the last quarter. Finally, Avantax Planning Partners Inc. lifted its position in shares of Celestica by 2.7% during the 4th quarter. Avantax Planning Partners Inc. now owns 1,528 shares of the technology company’s stock worth $452,000 after buying an additional 40 shares during the last quarter. 67.38% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CEO Robert Mionis sold 18,176 shares of the firm’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $385.17, for a total transaction of $7,000,849.92. Following the completion of the transaction, the chief executive officer directly owned 60,384 shares of the company’s stock, valued at $23,258,105.28. This trade represents a 23.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Mandeep Chawla sold 17,000 shares of Celestica stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $399.65, for a total value of $6,794,050.00. Following the transaction, the chief financial officer directly owned 82,444 shares in the company, valued at $32,948,744.60. The trade was a 17.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 161,168 shares of company stock valued at $63,190,485 over the last 90 days. 1.10% of the stock is owned by insiders.

Celestica Stock Up 0.1%

NYSE:CLS opened at $372.96 on Monday. The firm’s 50 day simple moving average is $383.45 and its 200 day simple moving average is $326.48. 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 one year low of $130.68 and a one year high of $474.02. The company has a market cap of $42.88 billion, a PE ratio of 45.10, a P/E/G ratio of 0.87 and a beta of 2.02.

Celestica (NYSE:CLS) (TSE:CLS) last posted its earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share for the quarter, topping 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 firm had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.97 billion. During the same period in the previous year, the firm posted $1.20 EPS. The company’s revenue for the quarter 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. On average, research analysts anticipate that Celestica, Inc. will post 9.5 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have commented on CLS shares. Susquehanna boosted their target price on Celestica from $460.00 to $510.00 and gave the stock a “positive” rating in a research note on Wednesday, April 29th. TD Securities raised shares of Celestica from a “hold” rating to a “buy” rating and set a $430.00 price target on the stock in a report on Wednesday, April 29th. TD Cowen raised shares of Celestica from a “hold” rating to a “buy” rating and lifted their price target for the company from $350.00 to $430.00 in a report on Wednesday, April 29th. Citigroup upped their price objective on shares of Celestica from $338.00 to $415.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Weiss Ratings raised shares of Celestica from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Celestica has a consensus rating of “Moderate Buy” and a consensus 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.