Celestica, Inc. $CLS Shares Sold by Little House Capital LLC

Little House Capital LLC cut its holdings in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 38.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,796 shares of the technology company’s stock after selling 1,776 shares during the period. Little House Capital LLC’s holdings in Celestica were worth $827,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Allianz Asset Management GmbH boosted its holdings in shares of Celestica by 7.3% in the 3rd quarter. Allianz Asset Management GmbH now owns 337,397 shares of the technology company’s stock valued at $83,044,000 after buying an additional 22,863 shares during the period. Spark Investment Management LLC boosted its holdings in shares of Celestica by 17.4% in the 3rd quarter. Spark Investment Management LLC now owns 27,000 shares of the technology company’s stock valued at $6,643,000 after buying an additional 4,000 shares during the period. Spire Wealth Management boosted its holdings in shares of Celestica by 354.3% in the 4th quarter. Spire Wealth Management now owns 5,979 shares of the technology company’s stock valued at $1,767,000 after buying an additional 4,663 shares during the period. William Blair Investment Management LLC acquired a new position in shares of Celestica in the 3rd quarter valued at about $28,924,000. Finally, Plato Investment Management Ltd lifted its position in Celestica by 154.5% in the 3rd quarter. Plato Investment Management Ltd now owns 15,046 shares of the technology company’s stock valued at $3,676,000 after purchasing an additional 9,135 shares during the last quarter. 67.38% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. TD Securities upgraded shares of Celestica from a “hold” rating to a “buy” rating and set a $430.00 price objective on the stock in a research report on Wednesday, April 29th. TD lifted their price objective on shares of Celestica from $330.00 to $350.00 and gave the company a “hold” rating in a research report on Monday, April 20th. Barclays lifted their price objective on shares of Celestica from $391.00 to $441.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. UBS Group lifted their price objective on shares of Celestica from $355.00 to $400.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Finally, Aletheia Capital lifted their price objective on shares of Celestica from $330.00 to $410.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $427.42.

Celestica Stock Performance

Celestica stock opened at $339.29 on Wednesday. The firm’s 50 day simple moving average is $335.78 and its 200-day simple moving average is $316.59. The company has a market cap of $39.01 billion, a P/E ratio of 41.03, a price-to-earnings-growth ratio of 0.80 and a beta of 2.09. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 0.73. Celestica, Inc. has a fifty-two week low of $109.90 and a fifty-two week high of $435.00.

Celestica (NYSE:CLS) (TSE:CLS) last released its earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.08. The business had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.97 billion. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The firm’s quarterly revenue was up 52.8% compared to the same quarter last year. During the same period last year, the firm posted $1.20 earnings per share. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. As a group, equities research analysts predict that Celestica, Inc. will post 9.5 EPS 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.