Alberta Investment Management Corp Buys New Position in Celestica, Inc. $CLS

Alberta Investment Management Corp bought a new stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 58,177 shares of the technology company’s stock, valued at approximately $17,210,000. Alberta Investment Management Corp owned approximately 0.05% of Celestica as of its most recent SEC filing.

Several other large investors have also bought and sold shares of CLS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Celestica during the fourth quarter valued at $28,000. Swiss RE Ltd. acquired a new position in shares of Celestica in the 4th quarter valued at $29,000. Cullen Frost Bankers Inc. acquired a new position in shares of Celestica in the 4th quarter valued at $30,000. Sittner & Nelson LLC acquired a new position in shares of Celestica in the 4th quarter valued at $31,000. Finally, Atlantic Edge Private Wealth Management LLC acquired a new position in shares of Celestica in the 4th quarter valued at $38,000. Institutional investors own 67.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on CLS. Bank of America increased their price target on Celestica from $400.00 to $430.00 and gave the company a “buy” rating in a research report on Monday, April 20th. Zacks Research lowered Celestica from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Weiss Ratings upgraded Celestica from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. UBS Group increased their price target on Celestica from $355.00 to $400.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Finally, TD increased their price target on Celestica from $330.00 to $350.00 and gave the company a “hold” rating in a research report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $427.42.

Celestica Stock Up 2.5%

Shares of Celestica stock opened at $402.82 on Tuesday. The stock has a 50-day moving average price of $377.35 and a 200 day moving average price of $325.20. The company has a market cap of $46.31 billion, a P/E ratio of 48.71, a P/E/G ratio of 0.91 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 1 year low of $127.20 and a 1 year high of $474.02.

Celestica (NYSE:CLS) (TSE:CLS) last announced its quarterly earnings data on Monday, April 27th. The technology company reported $2.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.08 by $0.08. The firm had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.97 billion. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The business’s revenue for the quarter was up 52.8% on a year-over-year basis. During the same period in the prior year, the business 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. As a group, analysts expect that Celestica, Inc. will post 9.5 EPS for the current fiscal year.

Insider Transactions at Celestica

In related news, Director Michael Max Wilson sold 4,168 shares of the stock in a transaction dated Tuesday, May 19th. The stock was 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 directly owned 24,718 shares of the company’s stock, valued at approximately $8,238,756.58. This represents a 14.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 1.10% of the company’s stock.

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.