Osbon Capital Management LLC Invests $755,000 in Celestica, Inc. $CLS

Osbon Capital Management LLC bought a new stake in Celestica, Inc. (NYSE:CLS) (TSE:CLS) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,555 shares of the technology company’s stock, valued at approximately $755,000. Celestica comprises 0.7% of Osbon Capital Management LLC’s investment portfolio, making the stock its 29th biggest position.

Other large investors have also recently added to or reduced their stakes in the company. NewGen Equity Long Short Fund acquired a new stake in Celestica in the 2nd quarter worth about $14,050,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Celestica by 7,646.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,007 shares of the technology company’s stock valued at $157,000 after acquiring an additional 994 shares during the period. First Trust Advisors LP grew its holdings in shares of Celestica by 30.0% during the 2nd quarter. First Trust Advisors LP now owns 78,061 shares of the technology company’s stock worth $12,197,000 after purchasing an additional 18,025 shares in the last quarter. NewEdge Advisors LLC lifted its position in Celestica by 385.8% during the second quarter. NewEdge Advisors LLC now owns 2,803 shares of the technology company’s stock worth $438,000 after purchasing an additional 2,226 shares during the period. Finally, HUB Investment Partners LLC grew its stake in Celestica by 11.0% during the second quarter. HUB Investment Partners LLC now owns 3,181 shares of the technology company’s stock worth $497,000 after buying an additional 315 shares in the last quarter. Institutional investors own 67.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on CLS. Royal Bank Of Canada upped their price objective on Celestica from $400.00 to $440.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Barclays boosted their target price on shares of Celestica from $391.00 to $441.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. TD raised their price target on shares of Celestica from $330.00 to $350.00 and gave the company a “hold” rating in a research note on Monday, April 20th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and issued a $480.00 target price on shares of Celestica in a report on Wednesday, April 29th. Finally, Susquehanna increased their target price on shares of Celestica from $460.00 to $510.00 and gave the company a “positive” rating in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $427.42.

Celestica Trading Up 0.1%

NYSE CLS opened at $372.96 on Friday. The company has a quick ratio of 0.73, a current ratio of 1.26 and a debt-to-equity ratio of 0.36. Celestica, Inc. has a 52 week low of $130.68 and a 52 week high of $474.02. The business has a 50 day moving average price of $383.45 and a 200-day moving average price of $326.42. The company has a market cap of $42.88 billion, a price-to-earnings ratio of 45.10, a P/E/G ratio of 0.87 and a beta of 2.02.

Celestica (NYSE:CLS) (TSE:CLS) last issued its earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.08 by $0.08. The company had revenue of $3.96 billion for 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 last year, the business earned $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, equities analysts expect that Celestica, Inc. will post 9.5 earnings per share for the current fiscal year.

Insider Activity at Celestica

In other Celestica news, CEO Robert Mionis sold 66,056 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $400.06, for a total transaction of $26,426,363.36. Following the transaction, the chief executive officer directly owned 134,328 shares in the company, valued at approximately $53,739,259.68. This trade represents a 32.96% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Mandeep Chawla sold 17,000 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $399.65, for a total transaction of $6,794,050.00. Following the completion of the sale, the chief financial officer owned 82,444 shares of the company’s stock, valued at approximately $32,948,744.60. This represents a 17.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 161,168 shares of company stock valued at $63,190,485 over the last 90 days. Insiders own 1.10% of the company’s stock.

Celestica 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.