1,672 Shares of Celestica, Inc. $CLS Acquired by Montrusco Bolton Investments Inc.

Montrusco Bolton Investments Inc. acquired a new stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 1,672 shares of the technology company’s stock, valued at approximately $606,000.

A number of other large investors also recently modified their holdings of CLS. Washington Trust Advisors Inc. purchased a new stake in Celestica in the second quarter worth approximately $28,000. Elevation Wealth Partners LLC purchased a new position in shares of Celestica during the third quarter worth approximately $28,000. Ascentis Independent Advisors bought a new stake in shares of Celestica in the 1st quarter worth approximately $29,000. Harbor Investment Advisory LLC bought a new stake in shares of Celestica in the 2nd quarter worth approximately $58,000. Finally, SHP Wealth Management purchased a new stake in shares of Celestica in the 4th quarter valued at $60,000. 67.38% of the stock is owned by hedge funds and other institutional investors.

Celestica Trading Up 3.0%

NYSE:CLS traded up $10.25 during midday trading on Tuesday, reaching $357.75. 2,028,173 shares of the stock traded hands, compared to its average volume of 2,398,816. The company has a fifty day moving average of $334.16 and a 200 day moving average of $349.60. Celestica, Inc. has a 12 month low of $238.23 and a 12 month high of $474.02. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.68 and a current ratio of 1.23. The stock has a market capitalization of $41.13 billion, a P/E ratio of 37.19 and a beta of 2.01.

Celestica (NYSE:CLS) (TSE:CLS) last announced its quarterly earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.25. The business 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 quarter in the prior year, the company posted $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. On average, research analysts predict that Celestica, Inc. will post 10.71 EPS for the current year.

Analyst Upgrades and Downgrades

CLS has been the topic of several recent research reports. TD Cowen reaffirmed a “buy” rating on shares of Celestica in a report on Wednesday, September 16th. Wall Street Zen downgraded shares of Celestica from a “buy” rating to a “hold” rating in a research note on Sunday, September 6th. JPMorgan Chase & Co. upped their price target on shares of Celestica from $445.00 to $485.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Scotiabank assumed coverage on Celestica in a research note on Tuesday, August 11th. They set a “sector outperform” rating and a $500.00 price objective on the stock. Finally, Wolfe Research lifted their price objective on Celestica from $425.00 to $475.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Twenty-three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $450.50.

Insiders Place Their Bets

In other news, CEO Robert Mionis sold 23,396 shares of Celestica stock in a transaction that occurred on Wednesday, September 23rd. The stock was sold at an average price of $364.22, for a total value of $8,521,291.12. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, President Todd Cooper sold 20,118 shares of Celestica stock in a transaction that occurred on Wednesday, September 23rd. The stock was sold at an average price of $360.00, for a total value of $7,242,480.00. Following the completion of the sale, the president owned 73,252 shares in the company, valued at approximately $26,370,720. This represents a 21.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 243,067 shares of company stock worth $89,200,967. 1.10% of the stock is currently owned by company insiders.

Celestica Profile

Celestica Inc (NYSE: CLS) is a global provider of design, manufacturing, and supply-chain services for original equipment manufacturers and other technology companies. The company helps customers develop, produce, deploy, and support complex hardware and electronic systems, serving industries such as communications, enterprise technology, aerospace and defense, industrial technology, health care, and semiconductor equipment.

Its services include product design and engineering, printed circuit board and systems assembly, manufacturing, testing, logistics, aftermarket support, and supply-chain management.