Celestica, Inc. $CLS Shares Bought by Allianz Asset Management GmbH

Allianz Asset Management GmbH lifted its holdings in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 7.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 337,397 shares of the technology company’s stock after acquiring an additional 22,863 shares during the quarter. Allianz Asset Management GmbH owned 0.29% of Celestica worth $83,044,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CLS. Robeco Institutional Asset Management B.V. acquired a new stake in Celestica during the 2nd quarter valued at approximately $4,505,000. DAVENPORT & Co LLC boosted its stake in shares of Celestica by 56.8% during the 2nd quarter. DAVENPORT & Co LLC now owns 8,333 shares of the technology company’s stock valued at $1,300,000 after buying an additional 3,019 shares during the last quarter. Valeo Financial Advisors LLC grew its position in shares of Celestica by 24.1% during the second quarter. Valeo Financial Advisors LLC now owns 4,362 shares of the technology company’s stock worth $681,000 after buying an additional 848 shares in the last quarter. Valley National Advisers Inc. acquired a new stake in shares of Celestica during the second quarter worth approximately $132,000. Finally, Belpointe Asset Management LLC bought a new stake in shares of Celestica in the second quarter worth $343,000. Hedge funds and other institutional investors own 67.38% of the company’s stock.

Celestica Stock Performance

Shares of CLS stock opened at $296.86 on Wednesday. The company has a market cap of $34.15 billion, a P/E ratio of 41.35 and a beta of 1.86. The business has a 50 day moving average of $309.75 and a two-hundred day moving average of $269.90. Celestica, Inc. has a 52 week low of $58.05 and a 52 week high of $363.40. The company has a quick ratio of 0.88, a current ratio of 1.47 and a debt-to-equity ratio of 0.37.

Key Stories Impacting Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Strong Q4 performance and upgraded guide: Celestica reported a quarter driven by AI infrastructure demand (revenues and customer-specific metrics materially ahead), and management raised 2026 revenue and EPS outlook — a primary fundamental driver for the rally. Celestica Q4: AI Infrastructure Growth Offsets Higher CAPEX
• Positive Sentiment: Analyst bullishness/price-target lift: Canaccord raised its price target from $400 to $430 and kept a “buy” rating, signaling sizeable upside vs. recent levels and likely helping buying interest. Canaccord price target raise
• Neutral Sentiment: Elevated market/analyst attention: Multiple outlets (Zacks) and analysts are publishing takeaways and reviews of Celestica’s AI-led growth story, which increases visibility and trading volume but is informational rather than catalytic on its own. Zacks: Attracting investor attention
• Neutral Sentiment: Bullish investor commentary: Post‑earnings pieces (including contributors adding on dips) and the company’s earnings presentation are supportive sentiment pieces but reflect individual views rather than new company-level news. Seeking Alpha: Adding on post-earnings dip
• Negative Sentiment: Large insider sales disclosed: President Todd C. Cooper sold 89,484 shares and executive Yann L. Etienvre sold 86,229 shares at about $287.45 each, materially reducing their holdings — a signal some investors view as a caution. Todd C. Cooper SEC filing Yann L. Etienvre SEC filing
• Negative Sentiment: Investor litigation inquiry: Pomerantz LLP has opened an investigation into Celestica on behalf of investors (investor alert), which can create legal overhang and increase short‑term uncertainty. Pomerantz investor alert

Analyst Ratings Changes

A number of research analysts have commented on CLS shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Celestica in a research note on Wednesday, January 21st. Barclays upped their target price on shares of Celestica from $359.00 to $391.00 and gave the company an “overweight” rating in a research note on Friday. UBS Group lifted their price target on Celestica from $208.00 to $350.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 29th. Royal Bank Of Canada reissued an “outperform” rating and issued a $400.00 price objective on shares of Celestica in a report on Thursday, January 22nd. Finally, Zacks Research downgraded Celestica from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Fifteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $356.59.

Insider Buying and Selling

In related news, President Todd C. Cooper sold 89,484 shares of the company’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $287.45, for a total transaction of $25,722,175.80. Following the completion of the transaction, the president directly owned 108,970 shares in the company, valued at $31,323,426.50. This represents a 45.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Yann L. Etienvre sold 86,229 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $287.45, for a total value of $24,786,526.05. The SEC filing for this sale provides additional information. Insiders own 0.52% of the company’s stock.

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.