University of Texas Texas AM Investment Management Co. Invests $558,000 in Celestica, Inc. $CLS

University of Texas Texas AM Investment Management Co. purchased a new position in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) during the fourth quarter, Holdings Channel.com reports. The fund purchased 1,887 shares of the technology company’s stock, valued at approximately $558,000.

A number of other large investors have also modified their holdings of CLS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Celestica during the fourth quarter worth about $28,000. Swiss RE Ltd. purchased a new stake in shares of Celestica during the fourth quarter worth about $29,000. Cullen Frost Bankers Inc. purchased a new stake in shares of Celestica during the fourth quarter worth about $30,000. Sittner & Nelson LLC purchased a new stake in shares of Celestica during the fourth quarter worth about $31,000. Finally, Atlantic Edge Private Wealth Management LLC purchased a new stake in shares of Celestica during the fourth quarter worth about $38,000. Hedge funds and other institutional investors own 67.38% of the company’s stock.

Insider Activity at Celestica

In other news, Director Michael Max Wilson sold 4,168 shares of the company’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $333.31, for a total value of $1,389,236.08. Following the sale, the director owned 24,718 shares in the company, valued at $8,238,756.58. This represents a 14.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.10% of the stock is owned by insiders.

Celestica Stock Down 5.2%

Shares of CLS stock opened at $382.40 on Wednesday. Celestica, Inc. has a fifty-two week low of $128.24 and a fifty-two week high of $474.02. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.73 and a current ratio of 1.26. The firm has a market capitalization of $43.96 billion, a PE ratio of 46.24, a P/E/G ratio of 0.94 and a beta of 2.02. The stock’s 50-day simple moving average is $379.10 and its 200-day simple moving average is $325.55.

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

Analyst Upgrades and Downgrades

CLS has been the topic of a number of research reports. Canadian Imperial Bank of Commerce reissued an “outperform” rating and issued a $480.00 price objective on shares of Celestica in a report on Wednesday, April 29th. Bank of America increased their price objective on Celestica from $400.00 to $430.00 and gave the company a “buy” rating in a report on Monday, April 20th. Stifel Nicolaus set a $445.00 price objective on Celestica in a report on Tuesday, April 28th. Weiss Ratings raised Celestica from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. Finally, Barclays increased their price objective on Celestica from $391.00 to $441.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $427.42.

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.