175,158 Shares in Celestica, Inc. $CLS Purchased by Mufg Securities Canada LTD.

Mufg Securities Canada LTD. bought a new position in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 175,158 shares of the technology company’s stock, valued at approximately $52,339,000. Celestica makes up 1.5% of Mufg Securities Canada LTD.’s holdings, making the stock its 22nd biggest position. Mufg Securities Canada LTD. owned about 0.15% of Celestica as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Celestica in the 4th quarter worth about $28,000. Swiss RE Ltd. purchased a new position in shares of Celestica in the 4th quarter worth about $29,000. Cullen Frost Bankers Inc. purchased a new position in shares of Celestica in the 4th quarter worth about $30,000. Sittner & Nelson LLC purchased a new position in shares of Celestica in the 4th quarter worth about $31,000. Finally, Atlantic Edge Private Wealth Management LLC purchased a new position in shares of Celestica in the 4th quarter worth about $38,000. 67.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on CLS shares. Bank of America upped their price objective on Celestica from $400.00 to $430.00 and gave the stock a “buy” rating in a report on Monday, April 20th. TD Securities upgraded Celestica from a “hold” rating to a “buy” rating and set a $430.00 price objective for the company in a report on Wednesday, April 29th. Weiss Ratings upgraded Celestica from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. Susquehanna upped their price objective on Celestica from $460.00 to $510.00 and gave the stock a “positive” rating in a report on Wednesday, April 29th. Finally, Zacks Research cut Celestica from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Celestica currently has an average rating of “Moderate Buy” and an average price target of $427.42.

Celestica Trading Up 0.2%

Shares of CLS stock opened at $393.85 on Monday. The stock has a market capitalization of $45.28 billion, a PE ratio of 47.62, a P/E/G ratio of 0.91 and a beta of 2.02. Celestica, Inc. has a 1-year low of $124.72 and a 1-year high of $474.02. The business has a 50-day moving average of $375.19 and a 200 day moving average of $324.67. 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 (NYSE:CLS) (TSE:CLS) last issued its earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share for the quarter, beating the consensus estimate of $2.08 by $0.08. The company had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.97 billion. Celestica had a return on equity of 36.91% and a net margin of 6.95%.Celestica’s quarterly revenue was up 52.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.20 EPS. 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, sell-side analysts anticipate that Celestica, Inc. will post 9.5 earnings per share for the current year.

Insider Buying and Selling

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

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.