DGS Capital Management LLC Cuts Stock Position in Celestica, Inc. $CLS

DGS Capital Management LLC cut its holdings in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 11.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 35,737 shares of the technology company’s stock after selling 4,594 shares during the quarter. Celestica makes up about 1.8% of DGS Capital Management LLC’s investment portfolio, making the stock its 8th largest position. DGS Capital Management LLC’s holdings in Celestica were worth $10,564,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Pinney & Scofield Inc. increased its stake in shares of Celestica by 20.0% during the 3rd quarter. Pinney & Scofield Inc. now owns 180 shares of the technology company’s stock worth $44,000 after purchasing an additional 30 shares during the last quarter. LeConte Wealth Management LLC lifted its stake in shares of Celestica by 3.5% in the 4th quarter. LeConte Wealth Management LLC now owns 1,001 shares of the technology company’s stock valued at $296,000 after purchasing an additional 34 shares during the last quarter. Terra Nova Asset Management LLC boosted its holdings in Celestica by 2.3% in the fourth quarter. Terra Nova Asset Management LLC now owns 1,686 shares of the technology company’s stock worth $498,000 after purchasing an additional 38 shares in the last quarter. Oxinas Partners LLC boosted its holdings in Celestica by 1.4% in the fourth quarter. Oxinas Partners LLC now owns 2,958 shares of the technology company’s stock worth $874,000 after purchasing an additional 40 shares in the last quarter. Finally, Avantax Planning Partners Inc. increased its position in Celestica by 2.7% during the fourth quarter. Avantax Planning Partners Inc. now owns 1,528 shares of the technology company’s stock worth $452,000 after buying an additional 40 shares during the last quarter. 67.38% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Celestica news, CFO Mandeep Chawla sold 17,000 shares of Celestica stock in a transaction on Monday, June 15th. The stock was sold at an average price of $399.65, for a total transaction of $6,794,050.00. Following the completion of the transaction, the chief financial officer directly owned 82,444 shares of the company’s stock, valued at approximately $32,948,744.60. This trade represents a 17.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael Max Wilson sold 4,168 shares of the company’s stock in a transaction dated 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 completion of the sale, the director directly owned 24,718 shares in the company, valued at approximately $8,238,756.58. The trade was a 14.43% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 161,168 shares of company stock worth $63,190,485 over the last three months. 1.10% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

CLS has been the topic of several recent research reports. TD Cowen upgraded Celestica from a “hold” rating to a “buy” rating and raised their target price for the company from $350.00 to $430.00 in a report on Wednesday, April 29th. Citigroup raised their price objective on Celestica from $338.00 to $415.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Zacks Research cut Celestica from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Royal Bank Of Canada increased their price target on Celestica from $400.00 to $440.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $475.00 price objective on shares of Celestica in a report on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $427.42.

Celestica Stock Performance

NYSE CLS opened at $372.96 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 0.73. The firm has a market capitalization of $42.88 billion, a price-to-earnings ratio of 45.10, a P/E/G ratio of 0.88 and a beta of 2.02. The company’s fifty day moving average is $382.39 and its two-hundred day moving average is $326.09. Celestica, Inc. has a 52-week low of $130.68 and a 52-week high of $474.02.

Celestica (NYSE:CLS) (TSE:CLS) last released its quarterly earnings data on Monday, April 27th. The technology company reported $2.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.08 by $0.08. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The business had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.97 billion. During the same period in the previous year, the business posted $1.20 earnings per share. Celestica’s quarterly revenue was up 52.8% on a year-over-year basis. 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 EPS for the current year.

Celestica News Summary

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Zacks highlighted Celestica as a GARP stock with solid growth potential and attractive valuation, which supports the bullish case for CLS. Add These 4 GARP Stocks to Your Portfolio to Receive Handsome Returns
• Positive Sentiment: Another Zacks note said Celestica has been showing up frequently in investor searches, suggesting growing interest and speculative demand for the stock. Celestica, Inc. (CLS) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Independent commentary also pointed to Celestica as a possible beneficiary of rising data-center demand, a broader industry tailwind that may help the company’s long-term outlook. Celestica, Inc. (CLS) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: CFO Mandeep Chawla sold 17,000 shares, which may be viewed as a cautionary signal because it adds to recent insider selling. SEC filing for Mandeep Chawla sale
• Negative Sentiment: CEO Robert Mionis sold multiple blocks of shares over June 15-17, a larger insider-sales cluster that could weigh on sentiment as investors question whether management is taking profits after a strong run. SEC filing for Robert Mionis sale

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.