Mission Wealth Management LP Has $301,000 Stake in Celestica, Inc. $CLS

Mission Wealth Management LP trimmed its holdings in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 91.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,019 shares of the technology company’s stock after selling 11,543 shares during the period. Mission Wealth Management LP’s holdings in Celestica were worth $301,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Atlantic Edge Private Wealth Management LLC acquired a new stake in shares of Celestica in the fourth quarter valued at approximately $38,000. Park Square Financial Group LLC raised its position in shares of Celestica by 36.3% in the fourth quarter. Park Square Financial Group LLC now owns 154 shares of the technology company’s stock valued at $46,000 after buying an additional 41 shares in the last quarter. Fifth Third Bancorp raised its position in shares of Celestica by 48.7% in the third quarter. Fifth Third Bancorp now owns 171 shares of the technology company’s stock valued at $42,000 after buying an additional 56 shares in the last quarter. Bartlett & CO. Wealth Management LLC acquired a new stake in shares of Celestica in the fourth quarter valued at approximately $52,000. Finally, First Horizon Corp raised its position in shares of Celestica by 39.7% in the fourth quarter. First Horizon Corp now owns 176 shares of the technology company’s stock valued at $52,000 after buying an additional 50 shares in the last quarter. 67.38% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Celestica news, Director Michael Max Wilson sold 4,168 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $333.31, for a total value of $1,389,236.08. Following the sale, the director owned 24,718 shares in the company, valued at $8,238,756.58. This trade represents a 14.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.10% of the stock is owned by corporate insiders.

Celestica Stock Performance

Shares of NYSE:CLS opened at $354.64 on Friday. The company’s 50 day simple moving average is $339.06 and its 200 day simple moving average is $316.70. The stock has a market capitalization of $40.77 billion, a price-to-earnings ratio of 42.88, a price-to-earnings-growth ratio of 0.81 and a beta of 2.09. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 0.73. Celestica, Inc. has a 1 year low of $110.54 and a 1 year high of $435.00.

Celestica (NYSE:CLS) (TSE:CLS) last announced its quarterly earnings data on Monday, April 27th. The technology company reported $2.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.08 by $0.08. The business had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.97 billion. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The firm’s quarterly revenue was up 52.8% compared to the same quarter last year. During the same period last year, the firm posted $1.20 earnings per share. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. As a group, research analysts predict that Celestica, Inc. will post 9.5 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. The Goldman Sachs Group reiterated a “buy” rating and issued a $475.00 price target on shares of Celestica in a research report on Tuesday, April 28th. JPMorgan Chase & Co. lifted their price objective on shares of Celestica from $410.00 to $425.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Citigroup lifted their price objective on shares of Celestica from $338.00 to $415.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. UBS Group lifted their price objective on shares of Celestica from $355.00 to $400.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. Finally, TD Cowen raised shares of Celestica from a “hold” rating to a “buy” rating and lifted their price objective for the company from $350.00 to $430.00 in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $427.42.

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.