Leonteq Securities AG Acquires New Position in Celestica, Inc. $CLS

Leonteq Securities AG acquired a new stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,883 shares of the technology company’s stock, valued at approximately $852,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Cullen Frost Bankers Inc. purchased a new position in shares of Celestica during the fourth quarter valued at approximately $30,000. Atlantic Edge Private Wealth Management LLC purchased a new position in shares of Celestica during the fourth quarter valued at approximately $38,000. Fifth Third Bancorp lifted its stake in shares of Celestica by 48.7% during the third quarter. Fifth Third Bancorp now owns 171 shares of the technology company’s stock valued at $42,000 after buying an additional 56 shares during the period. LRI Investments LLC purchased a new position in shares of Celestica during the third quarter valued at approximately $44,000. Finally, Pinney & Scofield Inc. lifted its stake in shares of Celestica by 20.0% during the third quarter. Pinney & Scofield Inc. now owns 180 shares of the technology company’s stock valued at $44,000 after buying an additional 30 shares during the period. Hedge funds and other institutional investors own 67.38% of the company’s stock.

Insider Activity at Celestica

In other news, Director Michael Max Wilson sold 4,168 shares of the firm’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $333.31, for a total value of $1,389,236.08. Following the transaction, the director owned 24,718 shares of the company’s stock, valued at approximately $8,238,756.58. This trade represents a 14.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 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 Stock Performance

Shares of CLS stock opened at $367.81 on Friday. The company’s fifty day simple moving average is $341.10 and its 200-day simple moving average is $317.06. Celestica, Inc. has a 52 week low of $110.54 and a 52 week high of $435.00. The company has a current ratio of 1.26, a quick ratio of 0.73 and a debt-to-equity ratio of 0.36. The company has a market cap of $42.29 billion, a PE ratio of 44.47, a P/E/G ratio of 0.83 and a beta of 2.09.

Celestica (NYSE:CLS) (TSE:CLS) last issued its earnings results on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, beating 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 business had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.97 billion. During the same quarter last year, the firm posted $1.20 EPS. The business’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. As a group, equities research analysts anticipate that Celestica, Inc. will post 9.5 EPS for the current year.

Analyst Ratings Changes

CLS has been the topic of several recent analyst reports. Rothschild & Co Redburn initiated coverage on shares of Celestica in a research note on Friday, May 1st. They set a “buy” rating and a $460.00 price objective on the stock. TD Cowen raised shares of Celestica from a “hold” rating to a “buy” rating and upped their price objective for the company from $350.00 to $430.00 in a research note 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. TD upped their price objective on shares of Celestica from $330.00 to $350.00 and gave the company a “hold” rating in a research note on Monday, April 20th. Finally, Stifel Nicolaus set a $445.00 price objective on shares of Celestica in a research note on Tuesday, April 28th. One equities research 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 stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus 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.