31,658 Shares in Celestica, Inc. $CLS Acquired by Nykredit A S

Nykredit A S acquired a new stake in Celestica, Inc. (NYSE:CLS) (TSE:CLS) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 31,658 shares of the technology company’s stock, valued at approximately $11,542,000.

A number of other institutional investors also recently modified their holdings of CLS. NewGen Equity Long Short Fund acquired a new stake in Celestica in the 2nd quarter valued at $14,050,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Celestica by 7,646.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,007 shares of the technology company’s stock worth $157,000 after acquiring an additional 994 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of Celestica by 30.0% in the 2nd quarter. First Trust Advisors LP now owns 78,061 shares of the technology company’s stock worth $12,197,000 after acquiring an additional 18,025 shares during the last quarter. NewEdge Advisors LLC lifted its position in Celestica by 385.8% in the 2nd quarter. NewEdge Advisors LLC now owns 2,803 shares of the technology company’s stock valued at $438,000 after acquiring an additional 2,226 shares in the last quarter. Finally, HUB Investment Partners LLC boosted its stake in Celestica by 11.0% during the 2nd quarter. HUB Investment Partners LLC now owns 3,181 shares of the technology company’s stock valued at $497,000 after purchasing an additional 315 shares during the last quarter. 67.38% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Celestica

In other news, CEO Robert Mionis sold 23,496 shares of Celestica 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 completion of the transaction, the chief executive officer directly owned 23,396 shares in the company, valued at approximately $8,478,476.44. The trade was a 50.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Mandeep Chawla sold 16,117 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $369.32, for a total value of $5,952,330.44. Following the sale, the chief financial officer owned 65,444 shares in the company, valued at approximately $24,169,778.08. This represents a 19.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 356,553 shares of company stock worth $135,238,444. Company insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. BWS Financial restated a “buy” rating on shares of Celestica in a report on Tuesday, July 28th. JPMorgan Chase & Co. upped their target price on shares of Celestica from $445.00 to $485.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Scotiabank assumed coverage on shares of Celestica in a report on Tuesday, August 11th. They set a “sector outperform” rating and a $500.00 price target on the stock. Zacks Research raised shares of Celestica from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 26th. Finally, Royal Bank Of Canada set a $450.00 price target on Celestica and gave the company an “outperform” rating in a research report on Wednesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $439.81.

Celestica Trading Up 1.0%

NYSE:CLS opened at $312.84 on Friday. The firm’s 50 day moving average is $327.47 and its 200 day moving average is $335.77. Celestica, Inc. has a 12 month low of $227.00 and a 12 month high of $474.02. The stock has a market capitalization of $35.97 billion, a PE ratio of 32.52 and a beta of 2.04. The company has a current ratio of 1.23, a quick ratio of 0.68 and a debt-to-equity ratio of 0.32.

Celestica (NYSE:CLS) (TSE:CLS) last issued its earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.25. Celestica had a return on equity of 39.96% and a net margin of 7.16%.The firm had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.30 billion. During the same period in the previous year, the company posted $1.39 earnings per share. The business’s revenue was up 62.4% on a year-over-year basis. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. Sell-side analysts expect that Celestica, Inc. will post 10.71 earnings per share for the current year.

Celestica 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.