14,188 Shares in Celestica, Inc. $CLS Purchased by EP Wealth Advisors LLC

EP Wealth Advisors LLC bought a new stake in Celestica, Inc. (NYSE:CLS) (TSE:CLS) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 14,188 shares of the technology company’s stock, valued at approximately $5,176,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CLS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Celestica in the 4th quarter worth approximately $28,000. Ascentis Independent Advisors bought a new position in shares of Celestica in the first quarter valued at approximately $29,000. Swiss RE Ltd. acquired a new position in shares of Celestica during the fourth quarter valued at approximately $29,000. Cullen Frost Bankers Inc. acquired a new position in shares of Celestica during the fourth quarter valued at approximately $30,000. Finally, Sittner & Nelson LLC bought a new stake in Celestica during the fourth quarter worth approximately $31,000. 67.38% of the stock is currently owned by institutional investors.

Celestica Stock Down 2.0%

CLS stock opened at $296.03 on Friday. Celestica, Inc. has a 12 month low of $179.01 and a 12 month high of $474.02. The firm has a market cap of $34.04 billion, a PE ratio of 30.77 and a beta of 2.06. The firm has a 50 day simple moving average of $341.15 and a 200 day simple moving average of $335.16. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.23 and a quick ratio of 0.68.

Celestica (NYSE:CLS) (TSE:CLS) last issued 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. The firm had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.30 billion. Celestica had a net margin of 7.16% and a return on equity of 39.96%. The firm’s revenue for the quarter was up 62.4% compared to the same quarter last year. During the same period last year, the firm posted $1.39 earnings per share. 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 research analysts forecast that Celestica, Inc. will post 10.15 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on CLS. Barclays cut their target price on Celestica from $430.00 to $406.00 and set an “overweight” rating for the company in a research report on Friday, August 7th. TD Securities upgraded Celestica from a “hold” rating to a “buy” rating and set a $430.00 price target on the stock in a research report on Wednesday, April 29th. Weiss Ratings downgraded Celestica from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, August 13th. Royal Bank Of Canada upped their price objective on Celestica from $440.00 to $450.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Finally, Bank of America reaffirmed a “buy” rating on shares of Celestica in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Celestica currently has an average rating of “Moderate Buy” and a consensus price target of $438.86.

Insiders Place Their Bets

In related news, CFO Mandeep Chawla sold 16,117 shares of Celestica stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $369.32, for a total value of $5,952,330.44. Following the transaction, the chief financial officer directly owned 65,444 shares in the company, valued at $24,169,778.08. The trade was a 19.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Robert Mionis sold 23,496 shares of the business’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $362.39, for a total value of $8,514,715.44. Following the sale, the chief executive officer directly owned 23,396 shares in the company, valued at $8,478,476.44. This trade represents a 50.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 356,553 shares of company stock valued at $135,238,444 in the last quarter. Insiders own 1.10% of the company’s stock.

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.