Celestica, Inc. $CLS Shares Bought by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. lifted its position in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 36.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 185,144 shares of the technology company’s stock after buying an additional 49,481 shares during the period. TD Waterhouse Canada Inc.’s holdings in Celestica were worth $69,030,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Washington Trust Advisors Inc. acquired a new position in Celestica in the second quarter valued at about $28,000. Elevation Wealth Partners LLC acquired a new stake in shares of Celestica during the third quarter worth about $28,000. Ascentis Independent Advisors acquired a new stake in shares of Celestica during the first quarter worth about $29,000. Mather Group LLC. raised its position in shares of Celestica by 266.7% during the third quarter. Mather Group LLC. now owns 121 shares of the technology company’s stock worth $44,000 after purchasing an additional 88 shares during the period. Finally, Harbor Investment Advisory LLC bought a new position in shares of Celestica during the 2nd quarter valued at about $58,000. 67.38% of the stock is currently owned by institutional investors.

Insider Transactions at Celestica

In related news, CFO Mandeep Chawla sold 16,117 shares of the stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $369.32, for a total transaction of $5,952,330.44. Following the completion of the transaction, the chief financial officer owned 65,444 shares in the company, valued at approximately $24,169,778.08. This represents a 19.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, President Todd Cooper sold 20,118 shares of the firm’s stock in a transaction on Wednesday, September 23rd. The shares were sold at an average price of $360.00, for a total transaction of $7,242,480.00. Following the completion of the transaction, the president directly owned 73,252 shares of the company’s stock, valued at approximately $26,370,720. This trade represents a 21.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 243,067 shares of company stock valued at $89,200,967 over the last 90 days. 1.10% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

CLS has been the subject of several research analyst reports. Sanford C. Bernstein reiterated an “outperform” rating on shares of Celestica in a research report on Thursday. Scotiabank initiated coverage on shares of Celestica in a report on Tuesday, August 11th. They issued a “sector outperform” rating and a $500.00 price target for the company. BWS Financial reissued a “buy” rating on shares of Celestica in a research report on Tuesday, July 28th. JPMorgan Chase & Co. increased their price objective on shares of Celestica from $445.00 to $485.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Finally, Royal Bank Of Canada set a $450.00 price objective on shares of Celestica and gave the stock an “outperform” rating in a report on Wednesday, August 26th. Twenty-three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $450.50.

Celestica Stock Down 3.7%

Celestica stock traded down $11.74 during midday trading on Friday, reaching $303.51. The stock had a trading volume of 1,870,865 shares, compared to its average volume of 2,205,016. The firm’s fifty day simple moving average is $332.79 and its 200-day simple moving average is $350.26. Celestica, Inc. has a 1-year low of $244.51 and a 1-year high of $474.02. The stock has a market capitalization of $34.90 billion, a P/E ratio of 31.55 and a beta of 2.01. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.68 and a current ratio of 1.23.

Celestica (NYSE:CLS) (TSE:CLS) last released its quarterly earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.25. The firm had revenue of $4.68 billion during the quarter, compared to the consensus estimate of $4.30 billion. Celestica had a return on equity of 39.96% and a net margin of 7.16%. The business’s revenue was up 62.4% on a year-over-year basis. During the same quarter in the prior year, the firm 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. As a group, analysts expect that Celestica, Inc. will post 10.71 EPS for the current fiscal year.

Celestica Company 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.