Celestica, Inc. $CLS Shares Acquired by Amundi

Amundi boosted its holdings in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 497.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 305,035 shares of the technology company’s stock after buying an additional 253,956 shares during the quarter. Amundi owned 0.27% of Celestica worth $47,250,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of CLS. Rothschild Investment LLC boosted its stake in shares of Celestica by 20.0% during the 2nd quarter. Rothschild Investment LLC now owns 390 shares of the technology company’s stock worth $61,000 after acquiring an additional 65 shares in the last quarter. Golden State Wealth Management LLC lifted its holdings in shares of Celestica by 102.5% during the second quarter. Golden State Wealth Management LLC now owns 164 shares of the technology company’s stock valued at $26,000 after purchasing an additional 83 shares during the last quarter. First Horizon Advisors Inc. boosted its position in shares of Celestica by 33.1% in the 2nd quarter. First Horizon Advisors Inc. now owns 350 shares of the technology company’s stock valued at $55,000 after purchasing an additional 87 shares during the period. Freedom Investment Management Inc. increased its stake in Celestica by 1.5% in the 1st quarter. Freedom Investment Management Inc. now owns 6,360 shares of the technology company’s stock worth $501,000 after purchasing an additional 96 shares in the last quarter. Finally, Wolff Wiese Magana LLC raised its holdings in Celestica by 45.6% during the 2nd quarter. Wolff Wiese Magana LLC now owns 364 shares of the technology company’s stock worth $57,000 after buying an additional 114 shares during the period. Institutional investors own 67.38% of the company’s stock.

Insider Activity at Celestica

In other news, Director Laurette T. Koellner bought 6,000 shares of Celestica stock in a transaction that occurred on Thursday, October 30th. The stock was purchased at an average cost of $341.67 per share, with a total value of $2,050,020.00. Following the completion of the transaction, the director directly owned 6,000 shares in the company, valued at $2,050,020. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.52% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on CLS shares. Barclays raised their price objective on shares of Celestica from $357.00 to $359.00 and gave the stock an “overweight” rating in a research note on Friday, November 14th. The Goldman Sachs Group lifted their price target on Celestica from $340.00 to $440.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. New Street Research set a $400.00 price target on Celestica in a research report on Wednesday, October 29th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Celestica in a research note on Wednesday, October 8th. Finally, Citigroup raised shares of Celestica from a “neutral” rating to a “buy” rating and increased their price target for the stock from $212.00 to $375.00 in a research report on Monday, November 10th. One investment 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. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $336.13.

Celestica Price Performance

NYSE:CLS opened at $342.24 on Wednesday. The company has a fifty day moving average price of $301.34 and a 200 day moving average price of $223.24. Celestica, Inc. has a one year low of $58.05 and a one year high of $363.40. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.47 and a quick ratio of 0.88. The stock has a market cap of $39.36 billion, a P/E ratio of 55.56 and a beta of 1.83.

Celestica (NYSE:CLS) (TSE:CLS) last announced its quarterly earnings data on Monday, October 27th. The technology company reported $1.58 EPS for the quarter, beating 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 business had revenue of $3.19 billion during the quarter, compared to analyst estimates of $3.01 billion. During the same quarter in the prior year, the business earned $1.04 earnings per share. The firm’s revenue for the quarter was up 27.8% on a year-over-year basis. Analysts anticipate that Celestica, Inc. will post 4.35 earnings per share for the current year.

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.