Money Concepts Capital Corp Has $368,000 Holdings in Celestica, Inc. $CLS

Money Concepts Capital Corp lessened its position in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 53.7% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,310 shares of the technology company’s stock after selling 1,522 shares during the quarter. Money Concepts Capital Corp’s holdings in Celestica were worth $368,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CLS. Spire Wealth Management raised its position in Celestica by 354.3% during the fourth quarter. Spire Wealth Management now owns 5,979 shares of the technology company’s stock valued at $1,767,000 after buying an additional 4,663 shares during the period. CIBC Asset Management Inc boosted its position in Celestica by 7.7% during the 4th quarter. CIBC Asset Management Inc now owns 436,922 shares of the technology company’s stock worth $129,499,000 after acquiring an additional 31,086 shares during the period. Norges Bank acquired a new stake in Celestica during the 4th quarter worth about $456,511,000. Marietta Investment Partners LLC purchased a new position in Celestica during the 4th quarter valued at about $1,273,000. Finally, BW Gestao de Investimentos Ltda. grew its stake in Celestica by 29.9% during the 4th quarter. BW Gestao de Investimentos Ltda. now owns 31,179 shares of the technology company’s stock valued at $9,217,000 after acquiring an additional 7,179 shares in the last quarter. Institutional investors and hedge funds own 67.38% of the company’s stock.

Insiders Place Their Bets

In other Celestica news, CFO Mandeep Chawla sold 17,000 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $399.65, for a total transaction of $6,794,050.00. Following the transaction, the chief financial officer directly owned 82,444 shares of the company’s stock, valued at $32,948,744.60. This represents a 17.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, 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 in the company, valued at approximately $53,739,259.68. This trade represents a 32.96% decrease in their ownership of the stock. 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 three months. 1.10% of the stock is currently owned by insiders.

Celestica Price Performance

Shares of CLS opened at $360.53 on Monday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.73 and a current ratio of 1.26. The firm has a market cap of $41.45 billion, a PE ratio of 43.59, a PEG ratio of 0.84 and a beta of 2.05. The firm’s 50 day moving average price is $374.44 and its 200 day moving average price is $330.83. Celestica, Inc. has a twelve month low of $153.11 and a twelve month high of $474.02.

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. The company had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.97 billion. Celestica had a net margin of 6.95% and a return on equity of 36.91%. Celestica’s quarterly revenue was up 52.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $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. As a group, research analysts expect that Celestica, Inc. will post 9.5 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on CLS shares. Barclays increased their price target on shares of Celestica from $391.00 to $441.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and set a $480.00 price objective on shares of Celestica in a research report on Wednesday, April 29th. Royal Bank Of Canada upped their price objective on shares of Celestica from $400.00 to $440.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Citigroup increased their target price 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, JPMorgan Chase & Co. lifted their target price 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. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $427.42.

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.