Sigma Planning Corp Decreases Stock Position in Celestica, Inc. $CLS

Sigma Planning Corp decreased its holdings in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 25.2% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 10,396 shares of the technology company’s stock after selling 3,511 shares during the period. Sigma Planning Corp’s holdings in Celestica were worth $2,928,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of CLS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Celestica in the 4th quarter worth approximately $28,000. Ascentis Independent Advisors purchased a new position in shares of Celestica in the first quarter worth $29,000. Swiss RE Ltd. purchased a new position in shares of Celestica in the fourth quarter worth $29,000. Cullen Frost Bankers Inc. acquired a new stake in shares of Celestica during the fourth quarter worth $30,000. Finally, Sittner & Nelson LLC acquired a new stake in shares of Celestica during the fourth quarter worth $31,000. 67.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on CLS shares. TD Securities raised Celestica from a “hold” rating to a “buy” rating and set a $430.00 target price on the stock in a research report on Wednesday, April 29th. Stifel Nicolaus set a $445.00 price target on Celestica in a research note on Tuesday, April 28th. The Goldman Sachs Group reissued a “buy” rating and issued a $475.00 price objective on shares of Celestica in a report on Tuesday, April 28th. Susquehanna raised their price objective on Celestica from $460.00 to $510.00 and gave the stock a “positive” rating in a research note on Wednesday, April 29th. Finally, Weiss Ratings raised Celestica from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $427.42.

Celestica Stock Performance

NYSE CLS opened at $303.27 on Friday. The firm has a market capitalization of $34.87 billion, a P/E ratio of 36.67, a PEG ratio of 0.78 and a beta of 2.05. The stock has a 50-day simple moving average of $368.45 and a two-hundred day simple moving average of $331.55. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.73 and a current ratio of 1.26. Celestica, Inc. has a fifty-two week low of $153.11 and a fifty-two week high of $474.02.

Celestica (NYSE:CLS) (TSE:CLS) last posted its earnings results on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, topping the consensus estimate of $2.08 by $0.08. The firm had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.97 billion. Celestica had a return on equity of 36.91% and a net margin of 6.95%.Celestica’s revenue for the quarter was up 52.8% compared to the same quarter last year. During the same period last year, the company earned $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. On average, equities analysts forecast that Celestica, Inc. will post 9.5 earnings per share for the current year.

Insider Activity

In related news, Director Michael Max Wilson sold 4,168 shares of the firm’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $333.31, for a total transaction of $1,389,236.08. Following the sale, the director owned 24,718 shares in the company, valued at approximately $8,238,756.58. This trade represents a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Mandeep Chawla sold 17,000 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $399.65, for a total transaction of $6,794,050.00. Following the completion of the transaction, the chief financial officer owned 82,444 shares of the company’s stock, valued at approximately $32,948,744.60. This trade represents a 17.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 161,168 shares of company stock valued at $63,190,485 in the last three months. 1.10% of the stock is currently owned by corporate insiders.

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.