Virtus Wealth Solutions LLC Takes Position in Celsius Holdings Inc. $CELH

Virtus Wealth Solutions LLC purchased a new position in shares of Celsius Holdings Inc. (NASDAQ:CELH) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 36,000 shares of the company’s stock, valued at approximately $2,070,000. Celsius accounts for 0.4% of Virtus Wealth Solutions LLC’s investment portfolio, making the stock its 28th biggest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Harbor Investment Advisory LLC acquired a new position in shares of Celsius during the third quarter worth about $27,000. Hantz Financial Services Inc. increased its position in shares of Celsius by 1,476.0% in the 2nd quarter. Hantz Financial Services Inc. now owns 788 shares of the company’s stock valued at $37,000 after purchasing an additional 738 shares during the last quarter. Cullen Frost Bankers Inc. increased its position in shares of Celsius by 697.3% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 901 shares of the company’s stock valued at $52,000 after purchasing an additional 788 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Celsius by 244.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,119 shares of the company’s stock valued at $52,000 after purchasing an additional 794 shares in the last quarter. Finally, Clearstead Advisors LLC lifted its position in shares of Celsius by 52.7% during the 3rd quarter. Clearstead Advisors LLC now owns 916 shares of the company’s stock worth $53,000 after purchasing an additional 316 shares during the last quarter. 60.95% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently commented on CELH. UBS Group reissued a “buy” rating and issued a $70.00 target price (up from $65.00) on shares of Celsius in a report on Wednesday, January 14th. Piper Sandler reaffirmed an “overweight” rating and set a $65.00 price objective (up from $61.00) on shares of Celsius in a research report on Thursday, January 29th. Weiss Ratings reissued a “sell (d+)” rating on shares of Celsius in a research report on Monday, December 29th. Citigroup lowered their price target on Celsius from $73.00 to $65.00 and set a “buy” rating for the company in a report on Friday, November 7th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $70.00 price target on shares of Celsius in a research note on Wednesday, January 7th. Eighteen equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $66.33.

Celsius Trading Down 0.2%

Shares of Celsius stock opened at $50.61 on Thursday. Celsius Holdings Inc. has a 1 year low of $24.04 and a 1 year high of $66.74. The company has a market capitalization of $13.05 billion, a P/E ratio of 506.10, a PEG ratio of 0.83 and a beta of 0.90. The company’s fifty day moving average is $49.20 and its two-hundred day moving average is $52.11. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.61 and a current ratio of 1.89.

Celsius (NASDAQ:CELH) last posted its quarterly earnings data on Thursday, February 26th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.19 by $0.07. Celsius had a return on equity of 41.88% and a net margin of 3.03%.The firm had revenue of $721.63 million during the quarter, compared to the consensus estimate of $638.17 million. During the same period in the prior year, the business earned ($0.11) EPS. The firm’s revenue was up 117.2% compared to the same quarter last year. Analysts forecast that Celsius Holdings Inc. will post 0.89 earnings per share for the current year.

Celsius Company Profile

Celsius Holdings, Inc is an American beverage company known for its line of fitness and energy drinks formulated to support active lifestyles. The company’s flagship product, the Celsius® brand, features beverages enhanced with ingredients such as green tea extract, guarana seed extract and essential vitamins, positioned as a functional alternative to traditional energy drinks. These products are designed to deliver a blend of ingredients that support metabolism and sustained energy without high sugar content or artificial preservatives.

In addition to its core carbonated drink portfolio, Celsius has expanded its offerings to include powder mixes and non-carbonated ready-to-drink variants, catering to consumer preferences around taste, convenience and nutritional needs.