1,409 Shares in Celestica, Inc. $CLS Purchased by Signal Advisors Wealth LLC

Signal Advisors Wealth LLC bought a new position in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,409 shares of the technology company’s stock, valued at approximately $219,000.

Several other large investors have also recently added to or reduced their stakes in the business. Freedom Investment Management Inc. lifted its position in Celestica by 1.5% during the first quarter. Freedom Investment Management Inc. now owns 6,360 shares of the technology company’s stock worth $501,000 after buying an additional 96 shares during the period. First National Bank of Hutchinson raised its holdings in shares of Celestica by 2.5% in the 1st quarter. First National Bank of Hutchinson now owns 4,914 shares of the technology company’s stock worth $387,000 after purchasing an additional 120 shares during the period. Private Trust Co. NA raised its holdings in shares of Celestica by 14.1% in the 1st quarter. Private Trust Co. NA now owns 993 shares of the technology company’s stock worth $78,000 after purchasing an additional 123 shares during the period. Bay Rivers Group grew its stake in shares of Celestica by 0.7% in the second quarter. Bay Rivers Group now owns 19,636 shares of the technology company’s stock valued at $3,065,000 after buying an additional 142 shares in the last quarter. Finally, Anchor Investment Management LLC grew its stake in shares of Celestica by 15.0% in the first quarter. Anchor Investment Management LLC now owns 1,150 shares of the technology company’s stock valued at $91,000 after buying an additional 150 shares in the last quarter. 67.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on CLS. UBS Group restated a “neutral” rating and set a $208.00 price objective (up previously from $101.00) on shares of Celestica in a research note on Wednesday, July 30th. BNP Paribas raised Celestica to a “strong-buy” rating in a report on Wednesday, June 11th. CICC Research assumed coverage on Celestica in a report on Tuesday, August 19th. They issued an “outperform” rating on the stock. Canaccord Genuity Group raised their price target on Celestica from $126.00 to $240.00 and gave the stock a “buy” rating in a report on Wednesday, July 30th. Finally, Barclays raised their price target on Celestica from $146.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday, July 30th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $174.75.

Celestica Stock Up 0.3%

NYSE:CLS opened at $252.72 on Friday. The stock’s fifty day moving average price is $202.25 and its two-hundred day moving average price is $140.34. Celestica, Inc. has a 52-week low of $48.18 and a 52-week high of $258.16. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.86 and a current ratio of 1.44. The company has a market cap of $29.07 billion, a price-to-earnings ratio of 54.70 and a beta of 1.89.

Celestica (NYSE:CLS) (TSE:CLS) last posted its quarterly earnings data on Monday, July 28th. The technology company reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.16. Celestica had a return on equity of 28.23% and a net margin of 5.11%.The firm had revenue of $2.89 billion for the quarter, compared to the consensus estimate of $2.65 billion. During the same quarter in the prior year, the business earned $0.91 EPS. The business’s revenue for the quarter was up 21.0% compared to the same quarter last year. 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 anticipate that Celestica, Inc. will post 4.35 EPS 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.