Guardian Asset Advisors LLC Invests $247,000 in Celestica, Inc. $CLS

Guardian Asset Advisors LLC bought a new position in Celestica, Inc. (NYSE:CLS) (TSE:CLS) during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 1,580 shares of the technology company’s stock, valued at approximately $247,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CLS. ST Germain D J Co. Inc. purchased a new position in shares of Celestica in the 2nd quarter worth approximately $37,000. Wolff Wiese Magana LLC boosted its stake in shares of Celestica by 45.6% in the 2nd quarter. Wolff Wiese Magana LLC now owns 364 shares of the technology company’s stock worth $57,000 after buying an additional 114 shares during the last quarter. Flaharty Asset Management LLC purchased a new position in shares of Celestica in the 1st quarter worth approximately $63,000. Gordian Capital Singapore Pte Ltd boosted its stake in shares of Celestica by 8,910.0% in the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 901 shares of the technology company’s stock worth $71,000 after buying an additional 891 shares during the last quarter. Finally, Oakworth Capital Inc. purchased a new position in shares of Celestica in the 2nd quarter worth approximately $73,000. Hedge funds and other institutional investors own 67.38% of the company’s stock.

Celestica Stock Performance

NYSE CLS opened at $283.00 on Friday. Celestica, Inc. has a 52-week low of $58.05 and a 52-week high of $296.85. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.86 and a current ratio of 1.44. The company has a market capitalization of $32.55 billion, a P/E ratio of 61.26 and a beta of 1.88. The company has a fifty day moving average of $236.36 and a 200-day moving average of $168.10.

Celestica (NYSE:CLS) (TSE:CLS) last posted its quarterly earnings data on Monday, July 28th. The technology company reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.23 by $0.16. The company had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.65 billion. Celestica had a net margin of 5.11% and a return on equity of 28.23%. The firm’s revenue was up 21.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.91 EPS. Celestica has set its Q3 2025 guidance at 1.370-1.530 EPS. FY 2025 guidance at 5.500-5.500 EPS. As a group, equities research analysts predict that Celestica, Inc. will post 4.35 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on CLS shares. CICC Research initiated coverage on Celestica in a report on Tuesday, August 19th. They issued an “outperform” rating for the company. Barclays boosted their price target on shares of Celestica from $146.00 to $220.00 and gave the company an “overweight” rating in a research report on Wednesday, July 30th. Canaccord Genuity Group lifted their price objective on shares of Celestica from $126.00 to $240.00 and gave the company a “buy” rating in a research note on Wednesday, July 30th. TD Cowen reiterated a “hold” rating and set a $238.00 price target on shares of Celestica in a research report on Friday, October 3rd. Finally, CIBC boosted their price target on shares of Celestica from $245.00 to $315.00 and gave the company an “outperform” rating in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $249.36.

About Celestica

Celestica Inc provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.