Celestica, Inc. $CLS Shares Sold by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA lessened its position in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 30.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 42,791 shares of the technology company’s stock after selling 18,783 shares during the period. Union Bancaire Privee UBP SA’s holdings in Celestica were worth $12,053,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of CLS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Celestica during the 4th quarter valued at about $28,000. Swiss RE Ltd. acquired a new stake in shares of Celestica in the fourth quarter valued at approximately $29,000. Cullen Frost Bankers Inc. bought a new stake in shares of Celestica during the fourth quarter valued at approximately $30,000. Sittner & Nelson LLC acquired a new position in shares of Celestica during the fourth quarter worth approximately $31,000. Finally, Atlantic Edge Private Wealth Management LLC acquired a new position in shares of Celestica during the fourth quarter worth approximately $38,000. 67.38% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Royal Bank Of Canada raised their target price on Celestica from $400.00 to $440.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. Stifel Nicolaus set a $445.00 price objective on shares of Celestica in a research note on Tuesday, April 28th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $475.00 price objective on shares of Celestica in a report on Tuesday, April 28th. TD Cowen raised shares of Celestica from a “hold” rating to a “buy” rating and raised their target price for the company from $350.00 to $430.00 in a research note on Wednesday, April 29th. Finally, BMO Capital Markets boosted their price target on shares of Celestica from $370.00 to $450.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Celestica has a consensus rating of “Moderate Buy” and an average price target of $427.42.

Celestica Price Performance

Shares of NYSE:CLS opened at $338.06 on Friday. The company’s fifty day moving average is $383.05 and its two-hundred day moving average is $327.90. The company has a market cap of $38.87 billion, a P/E ratio of 40.88, a price-to-earnings-growth ratio of 0.84 and a beta of 2.02. The company has a quick ratio of 0.73, a current ratio of 1.26 and a debt-to-equity ratio of 0.36. Celestica, Inc. has a 12-month low of $144.27 and a 12-month high of $474.02.

Celestica (NYSE:CLS) (TSE:CLS) last issued its earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.08 by $0.08. The company had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.97 billion. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The company’s revenue for the quarter was up 52.8% on a year-over-year basis. During the same quarter last year, the business posted $1.20 EPS. 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 fiscal year.

Insider Buying and Selling at Celestica

In related news, CEO Robert Mionis sold 18,176 shares of the company’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $385.17, for a total value of $7,000,849.92. Following the completion of the transaction, the chief executive officer directly owned 60,384 shares in the company, valued at approximately $23,258,105.28. This represents a 23.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Mandeep Chawla sold 17,000 shares of Celestica stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $399.65, for a total value of $6,794,050.00. Following the sale, the chief financial officer directly owned 82,444 shares in the company, valued at $32,948,744.60. The trade was a 17.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 161,168 shares of company stock worth $63,190,485 over the last ninety days. Company 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.