Fiducient Advisors LLC Invests $774,000 in Celestica, Inc. $CLS

Fiducient Advisors LLC purchased a new stake in shares of Celestica, Inc. (NYSE:CLSFree Report) (TSE:CLS) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,620 shares of the technology company’s stock, valued at approximately $774,000.

A number of other hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. raised its stake in Celestica by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 4,811,695 shares of the technology company’s stock valued at $1,423,333,000 after purchasing an additional 73,022 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Celestica by 5,806,149.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,657,937 shares of the technology company’s stock valued at $1,081,323,000 after purchasing an additional 3,657,874 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in Celestica by 471.5% during the third quarter. Arrowstreet Capital Limited Partnership now owns 3,146,928 shares of the technology company’s stock valued at $775,133,000 after purchasing an additional 2,596,318 shares in the last quarter. Franklin Resources Inc. raised its stake in Celestica by 4.8% during the third quarter. Franklin Resources Inc. now owns 1,921,417 shares of the technology company’s stock valued at $473,386,000 after purchasing an additional 88,212 shares in the last quarter. Finally, Viking Global Investors LP purchased a new stake in Celestica during the third quarter valued at $424,459,000. 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 company’s stock in a transaction dated 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 directly owned 24,718 shares in the company, valued at approximately $8,238,756.58. This represents a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Bank of America upped their price target on shares of Celestica from $400.00 to $430.00 and gave the company a “buy” rating in a research note on Monday, April 20th. TD Cowen raised shares of Celestica from a “hold” rating to a “buy” rating and upped their price target for the company from $350.00 to $430.00 in a research note on Wednesday, April 29th. UBS Group upped their price target on shares of Celestica from $355.00 to $400.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. Susquehanna upped their price target on shares of Celestica from $460.00 to $510.00 and gave the company a “positive” rating in a research note on Wednesday, April 29th. Finally, Royal Bank Of Canada upped their price target 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. 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 stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $427.42.

Get Our Latest Stock Analysis on CLS

Celestica Trading Down 1.9%

NYSE CLS opened at $350.82 on Friday. The company’s 50-day moving average price is $348.39 and its 200-day moving average price is $317.50. 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 stock has a market cap of $40.33 billion, a PE ratio of 42.42, a PEG ratio of 0.83 and a beta of 2.09. Celestica, Inc. has a 12 month low of $110.54 and a 12 month high of $435.00.

Celestica (NYSE:CLSGet Free Report) (TSE:CLS) last posted its quarterly earnings results on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, topping analysts’ consensus estimates of $2.08 by $0.08. The firm had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.97 billion. Celestica had a net margin of 6.95% and a return on equity of 36.91%. 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 posted $1.20 earnings per share. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. Equities research analysts forecast that Celestica, Inc. will post 9.5 earnings per share for the current year.

Celestica Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Celestica (NYSE:CLS)

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