Munro Partners Has $50.54 Million Stock Position in Celestica, Inc. $CLS

Munro Partners boosted its position in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 230.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 170,980 shares of the technology company’s stock after purchasing an additional 119,285 shares during the period. Celestica comprises 1.3% of Munro Partners’ holdings, making the stock its 27th largest holding. Munro Partners’ holdings in Celestica were worth $50,543,000 at the end of the most recent quarter.

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

Analysts Set New Price Targets

CLS has been the subject of a number of research reports. Royal Bank Of Canada lifted their price objective on Celestica from $400.00 to $440.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. Rothschild & Co Redburn assumed coverage on Celestica in a research note on Friday, May 1st. They issued a “buy” rating and a $460.00 price objective on the stock. Stifel Nicolaus set a $445.00 price objective on Celestica in a research note on Tuesday, April 28th. TD Cowen upgraded Celestica from a “hold” rating to a “buy” rating and boosted their price target for the company from $350.00 to $430.00 in a research note on Wednesday, April 29th. Finally, JPMorgan Chase & Co. upped their price objective on Celestica from $410.00 to $425.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Celestica presently has a consensus rating of “Moderate Buy” and an average price target of $427.42.

Insider Transactions at Celestica

In other Celestica news, Director Michael Max Wilson sold 4,168 shares of the company’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $333.31, for a total transaction 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 represents a 14.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 Up 2.5%

Shares of CLS opened at $402.82 on Tuesday. The company has a market capitalization of $46.31 billion, a P/E ratio of 48.71, a PEG ratio of 0.91 and a beta of 2.02. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 0.73. Celestica, Inc. has a one year low of $127.20 and a one year high of $474.02. The business’s 50 day simple moving average is $377.35 and its 200-day simple moving average is $325.20.

Celestica (NYSE:CLS) (TSE:CLS) last posted 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. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The firm had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.97 billion. During the same quarter in the prior year, the business earned $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, sell-side analysts predict that Celestica, Inc. will post 9.5 EPS for the current fiscal year.

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.