Amundi Boosts Stock Position in Celestica, Inc. $CLS

Amundi boosted its position in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 182,325.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 51,079 shares of the technology company’s stock after buying an additional 51,051 shares during the quarter. Amundi’s holdings in Celestica were worth $4,026,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Deutsche Bank AG lifted its position in shares of Celestica by 226.9% during the fourth quarter. Deutsche Bank AG now owns 21,442 shares of the technology company’s stock worth $1,979,000 after purchasing an additional 14,883 shares during the last quarter. Gotham Asset Management LLC bought a new stake in shares of Celestica during the fourth quarter worth $697,000. Janus Henderson Group PLC lifted its position in shares of Celestica by 259.8% during the fourth quarter. Janus Henderson Group PLC now owns 134,790 shares of the technology company’s stock worth $12,412,000 after purchasing an additional 97,323 shares during the last quarter. Lighthouse Investment Partners LLC bought a new stake in shares of Celestica during the fourth quarter worth $673,000. Finally, Lazard Asset Management LLC lifted its position in shares of Celestica by 2.4% during the fourth quarter. Lazard Asset Management LLC now owns 63,571 shares of the technology company’s stock worth $5,867,000 after purchasing an additional 1,473 shares during the last quarter. 67.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on CLS. Royal Bank Of Canada lifted their price objective on Celestica from $185.00 to $225.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. Wall Street Zen upgraded shares of Celestica from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. BMO Capital Markets reiterated an “outperform” rating and issued a $130.00 target price (up from $118.00) on shares of Celestica in a report on Thursday, May 22nd. Citigroup boosted their target price on shares of Celestica from $172.00 to $212.00 and gave the stock a “neutral” rating in a report on Wednesday, July 30th. Finally, BNP Paribas upgraded shares of Celestica to a “strong-buy” rating in a report on Wednesday, June 11th. Two 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’s stock. According to data from MarketBeat, Celestica presently has a consensus rating of “Buy” and an average target price of $174.75.

Celestica Price Performance

Shares of NYSE CLS opened at $252.92 on Thursday. The business’s 50 day moving average price is $189.60 and its 200 day moving average price is $132.97. The firm has a market cap of $29.09 billion, a P/E ratio of 54.74 and a beta of 1.89. Celestica, Inc. has a 52 week low of $42.76 and a 52 week high of $257.40. The company has a quick ratio of 0.86, a current ratio of 1.44 and a debt-to-equity ratio of 0.48.

Celestica (NYSE:CLS) (TSE:CLS) last issued its earnings results on Monday, July 28th. The technology company reported $1.39 EPS for the quarter, beating analysts’ consensus estimates 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 return on equity of 28.23% and a net margin of 5.11%.Celestica’s revenue for the quarter was up 21.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.91 earnings per share. Celestica has set its Q3 2025 guidance at 1.370-1.530 EPS. FY 2025 guidance at 5.500-5.500 EPS. On average, sell-side analysts expect that Celestica, Inc. will post 4.35 earnings per share for the current year.

Celestica Company Profile

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.