Mandeep Chawla Sells 883 Shares of Celestica (NYSE:CLS) Stock

Celestica, Inc. (NYSE:CLS) (TSE:CLS) CFO Mandeep Chawla sold 883 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $366.52, for a total transaction of $323,637.16. Following the sale, the chief financial officer owned 81,561 shares in the company, valued at $29,893,737.72. This trade represents a 1.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Mandeep Chawla also recently made the following trade(s):

• On Monday, June 15th, Mandeep Chawla sold 17,000 shares of Celestica stock. The shares were sold at an average price of $399.65, for a total transaction of $6,794,050.00.

Celestica Trading Up 8.9%

Shares of NYSE:CLS opened at $372.19 on Wednesday. The firm has a market cap of $42.79 billion, a price-to-earnings ratio of 38.69 and a beta of 2.06. Celestica, Inc. has a 12 month low of $173.23 and a 12 month high of $474.02. The company’s fifty day simple moving average is $360.22 and its 200 day simple moving average is $334.21. The company has a quick ratio of 0.68, a current ratio of 1.23 and a debt-to-equity ratio of 0.32.

Celestica (NYSE:CLS) (TSE:CLS) last announced its earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.25. Celestica had a net margin of 7.16% and a return on equity of 39.96%. The firm had revenue of $4.68 billion during the quarter, compared to analyst estimates of $4.30 billion. During the same period in the prior year, the business earned $1.39 EPS. The company’s revenue for the quarter was up 62.4% compared to the same quarter last year. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. As a group, research analysts forecast that Celestica, Inc. will post 9.97 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on CLS shares. UBS Group reiterated a “neutral” rating and issued a $410.00 price objective on shares of Celestica in a report on Wednesday, July 29th. The Goldman Sachs Group reiterated a “buy” rating and issued a $475.00 price target on shares of Celestica in a research note on Tuesday, April 28th. JPMorgan Chase & Co. boosted their price target on shares of Celestica from $445.00 to $485.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Royal Bank Of Canada increased their price objective on shares of Celestica from $440.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Finally, Barclays decreased their price objective on Celestica from $441.00 to $430.00 and set an “overweight” rating for the company in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $437.00.

Institutional Investors Weigh In On Celestica

A number of institutional investors and hedge funds have recently modified their holdings of CLS. Vanguard Group Inc. raised its stake in Celestica by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 4,811,695 shares of the technology company’s stock worth $1,423,333,000 after purchasing an additional 73,022 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Celestica by 24.8% in the fourth quarter. JPMorgan Chase & Co. now owns 4,017,623 shares of the technology company’s stock valued at $1,187,650,000 after buying an additional 798,782 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Celestica by 5,806,149.2% in 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 buying an additional 3,657,874 shares during the period. Franklin Resources Inc. grew its position in Celestica by 18.6% during the fourth quarter. Franklin Resources Inc. now owns 2,278,214 shares of the technology company’s stock worth $673,471,000 after buying an additional 356,797 shares in the last quarter. Finally, Cibc World Market Inc. grew its position in Celestica by 30.6% during the fourth quarter. Cibc World Market Inc. now owns 2,265,680 shares of the technology company’s stock worth $670,279,000 after buying an additional 530,535 shares in the last quarter. 67.38% of the stock is owned by institutional investors.

Trending Headlines about Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Celestica’s second-quarter results substantially exceeded expectations, with EPS of $2.54 versus the $2.29 consensus and revenue of $4.68 billion versus $4.30 billion. Revenue rose 62.4% year over year, while third-quarter 2026 EPS guidance of $2.88–$3.08 points to continued momentum.
• Positive Sentiment: Management raised its 2026 outlook, giving investors greater confidence that demand from artificial-intelligence networking, hyperscale data centers and related electronics programs will support growth. Analysts have also been increasing earnings estimates. Celestica lifted guidance analysis
• Positive Sentiment: Celestica was included among a small group of highly efficient companies with strong growth potential, which may attract additional momentum-oriented and institutional investors. Top-ranked efficient stocks
• Positive Sentiment: Wall Street remains broadly constructive, with a “Moderate Buy” consensus and an average target near $437. Stifel and JPMorgan have set targets of $500 and $485, respectively, supporting the view that the AI-driven growth story may have further room to run.
• Neutral Sentiment: Valuation assessments are mixed. A recent discounted-cash-flow analysis argues the shares remain below estimated fair value after the outlook increase, while other coverage notes that Celestica trades at a premium following its substantial rally. Celestica fair value analysis
• Negative Sentiment: CEO Robert Mionis sold 9,543 shares for approximately $3.51 million, reducing his direct position by 15.8%. CFO Mandeep Chawla also sold 883 shares worth about $324,000. Although both executives retain sizable holdings, the transactions may temper enthusiasm and raise concerns about insider confidence.
• Negative Sentiment: With a P/E ratio in the mid-30s and a high beta, CLS remains sensitive to any slowdown in hyperscaler spending, weaker AI infrastructure demand or a broader pullback in growth stocks.

About Celestica

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.