Celestica (NYSE:CLS) CEO Sells 51,061 Shares

Celestica, Inc. (NYSE:CLS) (TSE:CLS) CEO Robert Mionis sold 51,061 shares of Celestica stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $368.41, for a total value of $18,811,383.01. Following the transaction, the chief executive officer directly owned 46,892 shares of the company’s stock, valued at $17,275,481.72. The trade was a 52.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Robert Mionis also recently made the following trade(s):

• On Tuesday, August 4th, Robert Mionis sold 98,453 shares of Celestica stock. The stock was sold at an average price of $368.99, for a total transaction of $36,328,172.47.
• On Friday, July 31st, Robert Mionis sold 9,543 shares of Celestica stock. The shares were sold at an average price of $367.49, for a total transaction of $3,506,957.07.
• On Monday, June 15th, Robert Mionis sold 66,056 shares of Celestica stock. The shares were sold at an average price of $400.06, for a total transaction of $26,426,363.36.
• On Tuesday, June 16th, Robert Mionis sold 55,768 shares of Celestica stock. The stock was sold at an average price of $386.96, for a total transaction of $21,579,985.28.
• On Wednesday, June 17th, Robert Mionis sold 18,176 shares of Celestica stock. The stock was sold at an average price of $385.17, for a total transaction of $7,000,849.92.

Celestica Price Performance

NYSE CLS traded down $47.87 on Thursday, hitting $314.89. The stock had a trading volume of 8,752,707 shares, compared to its average volume of 2,716,830. The firm has a 50-day moving average of $359.62 and a 200-day moving average of $334.56. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.68 and a current ratio of 1.23. Celestica, Inc. has a 52-week low of $173.23 and a 52-week high of $474.02. The company has a market capitalization of $36.20 billion, a price-to-earnings ratio of 32.73 and a beta of 2.06.

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

Institutional Investors Weigh In On Celestica

Hedge funds have recently added to or reduced their stakes in the company. J.Safra Asset Management Corp purchased a new position in shares of Celestica in the 2nd quarter worth about $1,786,000. Flputnam Investment Management Co. bought a new stake in Celestica in the 2nd quarter worth approximately $291,000. Global Retirement Partners LLC bought a new stake in Celestica in the 2nd quarter worth approximately $2,053,000. Alberta Investment Management Corp purchased a new stake in Celestica in the second quarter worth approximately $22,269,000. Finally, Bank of New York Mellon Corp purchased a new stake in Celestica in the second quarter worth approximately $55,706,000. Institutional investors own 67.38% of the company’s stock.

More Celestica News

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Celestica priced an offering of 9,677,419 common shares at $310 each, expecting approximately $3 billion in gross proceeds. Management plans to use the capital to expand capacity and fund investments supporting strong, multi-year demand for AI infrastructure, including data-center and networking products. Celestica Announces Pricing of Equity Offering
• Positive Sentiment: Recent coverage highlighted accelerating AI networking-switch revenue, significant gross-margin expansion and planned capital expenditures of roughly $1 billion. The investment could strengthen Celestica’s ability to serve hyperscaler customers and sustain elevated growth over multiple years. Celestica Just Unloaded Bad News – Buy It
• Positive Sentiment: Analyst commentary continued to identify Celestica as a high-quality growth stock, citing its growth profile, AI exposure and improving operating performance. Technical coverage also noted that the shares had recently moved above their 50-day moving average, a potential short-term bullish signal. Top-Ranked Growth Stocks for August
• Neutral Sentiment: The offering is intended to strengthen Celestica’s balance sheet and accelerate growth, but the additional shares create an estimated short-term dilution of approximately 8.4% to 10%. The longer-term benefit depends on whether the funded expansion generates sufficient returns. Celestica’s $3B Raise
• Negative Sentiment: Investors reacted negatively to the discounted share issuance because it increases the share count and could pressure per-share earnings. Analysts cited dilution and potential EPS headwinds, with some taking a more cautious view of the stock’s valuation. Celestica Shares Slide After Equity Offering

Wall Street Analyst Weigh In

Several research firms have weighed in on CLS. TD Securities raised Celestica from a “hold” rating to a “buy” rating and set a $430.00 price target on the stock in a report on Wednesday, April 29th. Barclays cut 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. Rothschild & Co Redburn initiated coverage on shares of Celestica in a research note on Friday, May 1st. They issued a “buy” rating and a $460.00 target price on the stock. Susquehanna lifted their target price on shares of Celestica from $460.00 to $510.00 and gave the company a “positive” rating in a research report on Wednesday, April 29th. Finally, Citigroup boosted their price target on shares of Celestica from $338.00 to $415.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $437.00.

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.