7,100 Shares in Celestica, Inc. $CLS Bought by Ensign Peak Advisors Inc

Ensign Peak Advisors Inc purchased a new position in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 7,100 shares of the technology company’s stock, valued at approximately $1,107,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Celestica by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 4,514,605 shares of the technology company’s stock valued at $356,135,000 after acquiring an additional 35,690 shares in the last quarter. Voya Investment Management LLC lifted its stake in Celestica by 362.8% during the first quarter. Voya Investment Management LLC now owns 1,854,085 shares of the technology company’s stock worth $146,122,000 after purchasing an additional 1,453,473 shares during the period. Connor Clark & Lunn Investment Management Ltd. lifted its stake in Celestica by 17.6% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,733,686 shares of the technology company’s stock worth $271,045,000 after purchasing an additional 259,504 shares during the period. Royal Bank of Canada boosted its holdings in Celestica by 1.5% during the first quarter. Royal Bank of Canada now owns 1,280,563 shares of the technology company’s stock valued at $100,922,000 after purchasing an additional 19,391 shares in the last quarter. Finally, Alkeon Capital Management LLC bought a new stake in shares of Celestica in the 1st quarter valued at approximately $96,936,000. Institutional investors own 67.38% of the company’s stock.

Celestica Stock Up 3.5%

Shares of NYSE:CLS opened at $343.79 on Friday. The company has a quick ratio of 0.86, a current ratio of 1.47 and a debt-to-equity ratio of 0.37. The firm has a market cap of $39.54 billion, a P/E ratio of 55.81 and a beta of 1.85. Celestica, Inc. has a 12 month low of $58.05 and a 12 month high of $363.40. The company’s 50-day moving average price is $290.79 and its two-hundred day moving average price is $212.26.

Celestica (NYSE:CLS) (TSE:CLS) last announced its earnings results on Monday, October 27th. The technology company reported $1.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.45 by $0.13. Celestica had a net margin of 6.35% and a return on equity of 30.53%. The company had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.01 billion. During the same period in the prior year, the business earned $1.04 earnings per share. Celestica’s quarterly revenue was up 27.8% on a year-over-year basis. As a group, research analysts forecast that Celestica, Inc. will post 4.35 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Laurette T. Koellner bought 6,000 shares of the stock in a transaction dated Thursday, October 30th. The stock was bought at an average cost of $341.67 per share, with a total value of $2,050,020.00. Following the purchase, the director owned 6,000 shares of the company’s stock, valued at approximately $2,050,020. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.52% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on CLS shares. Weiss Ratings restated a “buy (b)” rating on shares of Celestica in a research report on Wednesday, October 8th. Citigroup raised Celestica from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $212.00 to $375.00 in a report on Monday, November 10th. The Goldman Sachs Group upped their target price on shares of Celestica from $340.00 to $440.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. UBS Group increased their target price on shares of Celestica from $208.00 to $350.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. Finally, BNP Paribas restated an “outperform” rating and issued a $300.00 price target on shares of Celestica in a research report on Thursday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $336.13.

Celestica 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.