HighTower Advisors LLC Has $681,000 Holdings in Celestica, Inc. $CLS

HighTower Advisors LLC boosted its position in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 14.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,645 shares of the technology company’s stock after buying an additional 1,098 shares during the quarter. HighTower Advisors LLC’s holdings in Celestica were worth $681,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of CLS. Tower Research Capital LLC TRC grew its stake in Celestica by 596.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,393 shares of the technology company’s stock valued at $129,000 after buying an additional 1,193 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in Celestica by 65.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 269,378 shares of the technology company’s stock worth $24,864,000 after acquiring an additional 106,931 shares during the period. The Manufacturers Life Insurance Company increased its position in Celestica by 18.7% during the fourth quarter. The Manufacturers Life Insurance Company now owns 509,490 shares of the technology company’s stock worth $47,082,000 after acquiring an additional 80,385 shares during the period. Caisse DE Depot ET Placement DU Quebec bought a new position in Celestica during the fourth quarter worth $19,577,000. Finally, Alyeska Investment Group L.P. bought a new position in Celestica during the fourth quarter worth $23,875,000. 67.38% of the stock is currently owned by institutional investors and hedge funds.

Celestica Trading Up 5.2%

Shares of Celestica stock opened at $212.68 on Friday. The firm has a market capitalization of $24.46 billion, a PE ratio of 46.03 and a beta of 1.80. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.44 and a quick ratio of 0.86. The company’s fifty day moving average price is $176.00 and its two-hundred day moving average price is $127.12. Celestica, Inc. has a 52-week low of $40.65 and a 52-week high of $218.80.

Celestica (NYSE:CLS) (TSE:CLS) last announced its quarterly earnings results on Monday, July 28th. The technology company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $0.16. The firm had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.65 billion. Celestica had a net margin of 5.11% and a return on equity of 28.23%. The business’s revenue for the quarter was up 21.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.91 EPS. Celestica has set its Q3 2025 guidance at 1.370-1.530 EPS. FY 2025 guidance at 5.500-5.500 EPS. On average, analysts expect that Celestica, Inc. will post 4.35 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently issued reports on CLS. JPMorgan Chase & Co. boosted their target price on shares of Celestica from $170.00 to $225.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 30th. UBS Group reaffirmed a “neutral” rating and set a $208.00 target price (up previously from $101.00) on shares of Celestica in a research report on Wednesday, July 30th. Wall Street Zen raised shares of Celestica from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Citigroup boosted their target price on shares of Celestica from $172.00 to $212.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 30th. Finally, CICC Research began coverage on shares of Celestica in a research report on Tuesday, August 19th. They set an “outperform” rating on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $168.92.

About Celestica

Celestica Inc provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.