1,679 Shares in Celestica, Inc. $CLS Bought by QRG Capital Management Inc.

QRG Capital Management Inc. acquired a new position in Celestica, Inc. (NYSE:CLS) (TSE:CLS) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,679 shares of the technology company’s stock, valued at approximately $414,000.

Other large investors have also recently modified their holdings of the company. Golden State Wealth Management LLC lifted its holdings in Celestica by 102.5% in the second quarter. Golden State Wealth Management LLC now owns 164 shares of the technology company’s stock worth $26,000 after buying an additional 83 shares during the period. MassMutual Private Wealth & Trust FSB lifted its stake in shares of Celestica by 42.5% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 124 shares of the technology company’s stock valued at $31,000 after purchasing an additional 37 shares during the period. First Horizon Corp bought a new stake in shares of Celestica during the third quarter valued at approximately $31,000. ST Germain D J Co. Inc. purchased a new stake in Celestica in the second quarter worth $37,000. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in Celestica in the second quarter worth $40,000. Institutional investors own 67.38% of the company’s stock.

Celestica Price Performance

Shares of NYSE CLS opened at $303.66 on Friday. Celestica, Inc. has a twelve month low of $58.05 and a twelve month high of $363.40. The firm has a market cap of $34.93 billion, a P/E ratio of 49.30 and a beta of 1.87. The company has a 50 day moving average of $309.47 and a 200 day moving average of $261.24. The company has a quick ratio of 0.88, a current ratio of 1.47 and a debt-to-equity ratio of 0.37.

Celestica (NYSE:CLS) (TSE:CLS) last issued its earnings results on Monday, October 27th. The technology company reported $1.58 EPS for the quarter, beating the consensus estimate of $1.45 by $0.13. Celestica had a return on equity of 30.53% and a net margin of 6.35%.The business had revenue of $3.19 billion for the quarter, compared to the consensus estimate of $3.01 billion. During the same period last year, the business posted $1.04 EPS. The company’s revenue was up 27.8% compared to the same quarter last year. As a group, research analysts expect that Celestica, Inc. will post 4.35 EPS for the current fiscal year.

Key Headlines Impacting Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: TD Securities set a $305 price target, reinforcing buy-side confidence in Celestica’s near-term valuation and growth outlook. Read More.
• Positive Sentiment: Brokerages’ consensus remains constructive — Celestica was given an average “Moderate Buy” rating by analysts, supporting upside expectations. Read More.
• Positive Sentiment: Aletheia Capital published a bullish forecast calling for strong price appreciation, adding to positive sentiment from independent investors. Read More.
• Positive Sentiment: Earnings previews and analyst notes expect Celestica to “double beat” on Q4 results, supported by growth in the CCS (cloud & data-center) segment driven by AI/data-center demand and new switch programs. These expectations are a key driver of the stock’s strength. Read More.
• Neutral Sentiment: Multiple media pieces and analyst summaries (Globe and Mail, MSN) provide mixed analyst commentary and broader sector context but add no single decisive catalyst. Read More. Read More.
• Neutral Sentiment: Investor guidance pieces (e.g., “Should you sell your Celestica stock?”) discuss valuation and risk/ reward but do not introduce new fundamentals. Read More.
• Negative Sentiment: A report that Alphabet is exploring additional TPU suppliers triggered an early sell-off in CLS (shares fell on the news), creating short-term pressure despite the interpretation that it signals rising TPU demand overall. Read More.
• Negative Sentiment: Zacks highlighted a decline in ATS revenues and recent stock weakness (intraday slide), flagging risk from softer end markets and inventory pressure that could weigh on Q4 results if not offset by CCS strength. Read More.

Insider Buying and Selling

In other Celestica news, Director Laurette T. Koellner bought 6,000 shares of the firm’s stock in a transaction on Thursday, October 30th. The stock was acquired at an average price of $341.67 per share, with a total value of $2,050,020.00. Following the transaction, the director owned 6,000 shares in the company, valued at $2,050,020. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.52% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. New Street Research set a $400.00 target price on shares of Celestica in a report on Wednesday, October 29th. TD Securities set a $305.00 target price on shares of Celestica and gave the company a “hold” rating in a research note on Wednesday. JPMorgan Chase & Co. boosted their price target on Celestica from $295.00 to $360.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 29th. Stifel Nicolaus restated a “buy” rating and issued a $385.00 price target (up previously from $230.00) on shares of Celestica in a research note on Wednesday, October 29th. Finally, Barclays lifted their price objective on Celestica from $357.00 to $359.00 and gave the company an “overweight” rating in a research note on Friday, November 14th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $340.75.

Celestica Company Profile

Celestica Inc is a multinational electronics manufacturing services (EMS) company that provides design, engineering, manufacturing and supply chain solutions to original equipment manufacturers across a range of industries. Headquartered in Toronto, Ontario, Canada, Celestica works with customers to develop and produce complex electronic and electro-mechanical products, integrating activities from product design and prototyping through high-volume assembly, testing and final system integration.

The company’s service offering typically includes product engineering and design support, printed circuit board assembly, box-build and systems assembly, automated test and inspection, aftermarket repair and refurbishment, and end-to-end supply chain and logistics management.