Victory Capital Management Inc. Has $24.09 Million Holdings in Celsius Holdings Inc. $CELH

Victory Capital Management Inc. grew its position in shares of Celsius Holdings Inc. (NASDAQ:CELH) by 7.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 421,031 shares of the company’s stock after buying an additional 28,048 shares during the quarter. Victory Capital Management Inc. owned approximately 0.16% of Celsius worth $24,085,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Harbor Investment Advisory LLC acquired a new position in shares of Celsius in the 3rd quarter worth approximately $27,000. Cullen Frost Bankers Inc. increased its holdings in Celsius by 697.3% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 901 shares of the company’s stock valued at $52,000 after purchasing an additional 788 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in Celsius by 244.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,119 shares of the company’s stock valued at $52,000 after purchasing an additional 794 shares in the last quarter. Clearstead Advisors LLC raised its position in Celsius by 52.7% in the 3rd quarter. Clearstead Advisors LLC now owns 916 shares of the company’s stock valued at $53,000 after purchasing an additional 316 shares during the last quarter. Finally, Huntington National Bank raised its position in Celsius by 939.8% in the 2nd quarter. Huntington National Bank now owns 1,175 shares of the company’s stock valued at $55,000 after purchasing an additional 1,062 shares during the last quarter. Institutional investors and hedge funds own 60.95% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on CELH. UBS Group restated a “buy” rating and set a $70.00 target price (up from $65.00) on shares of Celsius in a report on Wednesday, January 14th. Needham & Company LLC lifted their price target on Celsius from $70.00 to $75.00 and gave the company a “buy” rating in a report on Friday, February 27th. Piper Sandler reiterated an “overweight” rating and set a $65.00 price target (up from $61.00) on shares of Celsius in a research report on Thursday, January 29th. KeyCorp began coverage on shares of Celsius in a report on Tuesday, December 16th. They set a “sector weight” rating on the stock. Finally, Bank of America upgraded shares of Celsius from an “underperform” rating to a “buy” rating and set a $65.00 price objective for the company in a research report on Friday, February 27th. Nineteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $67.72.

Celsius Stock Up 0.9%

Shares of Celsius stock opened at $43.31 on Tuesday. The business has a fifty day simple moving average of $49.69 and a 200 day simple moving average of $51.46. The stock has a market cap of $11.13 billion, a PE ratio of 173.24, a price-to-earnings-growth ratio of 1.42 and a beta of 0.89. The company has a quick ratio of 1.37, a current ratio of 1.68 and a debt-to-equity ratio of 0.57. Celsius Holdings Inc. has a 12 month low of $26.09 and a 12 month high of $66.74.

Celsius (NASDAQ:CELH) last issued its earnings results on Thursday, February 26th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.07. The firm had revenue of $721.63 million for the quarter, compared to analysts’ expectations of $638.17 million. Celsius had a return on equity of 37.68% and a net margin of 4.29%.The company’s revenue was up 117.2% compared to the same quarter last year. During the same quarter last year, the business earned ($0.11) earnings per share. Research analysts predict that Celsius Holdings Inc. will post 0.89 EPS for the current year.

About Celsius

Celsius Holdings, Inc is an American beverage company known for its line of fitness and energy drinks formulated to support active lifestyles. The company’s flagship product, the Celsius® brand, features beverages enhanced with ingredients such as green tea extract, guarana seed extract and essential vitamins, positioned as a functional alternative to traditional energy drinks. These products are designed to deliver a blend of ingredients that support metabolism and sustained energy without high sugar content or artificial preservatives.

In addition to its core carbonated drink portfolio, Celsius has expanded its offerings to include powder mixes and non-carbonated ready-to-drink variants, catering to consumer preferences around taste, convenience and nutritional needs.