Celestica, Inc. $CLS Shares Sold by Hoey Investments Inc.

Hoey Investments Inc. lessened its holdings in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 65.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,360 shares of the technology company’s stock after selling 2,590 shares during the period. Hoey Investments Inc.’s holdings in Celestica were worth $383,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of CLS. Vanguard Group Inc. grew its holdings in Celestica by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 4,811,695 shares of the technology company’s stock valued at $1,423,333,000 after purchasing an additional 73,022 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Celestica by 24.8% during the 4th quarter. JPMorgan Chase & Co. now owns 4,017,623 shares of the technology company’s stock worth $1,187,650,000 after buying an additional 798,782 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of Celestica by 5,806,149.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,657,937 shares of the technology company’s stock valued at $1,081,323,000 after buying an additional 3,657,874 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of Celestica by 471.5% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 3,146,928 shares of the technology company’s stock valued at $775,133,000 after buying an additional 2,596,318 shares in the last quarter. Finally, Franklin Resources Inc. grew its stake in Celestica by 18.6% in the 4th quarter. Franklin Resources Inc. now owns 2,278,214 shares of the technology company’s stock valued at $673,471,000 after acquiring an additional 356,797 shares during the period. Institutional investors and hedge funds own 67.38% of the company’s stock.

Celestica Price Performance

Celestica stock opened at $338.94 on Tuesday. The company has a fifty day simple moving average of $377.42 and a 200-day simple moving average of $328.89. The firm has a market capitalization of $38.97 billion, a price-to-earnings ratio of 41.23, a PEG ratio of 0.78 and a beta of 2.05. 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 $152.43 and a 52-week high of $474.02.

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

Key Headlines Impacting Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Celestica appointed 21-year company veteran Steven Dorwart as president of its Connectivity and Cloud Solutions segment, replacing retiring executive Jason Phillips. Investors appear to like the internal promotion, since it suggests operational continuity in a key AI and cloud business. Article Title
• Positive Sentiment: Recent commentary highlights Celestica as a beneficiary of AI, cloud, and data center infrastructure spending, with fresh guidance and demand trends supporting the company’s growth story. Article Title
• Positive Sentiment: Analysts and market watchers continue to frame Celestica as a key AI-related name, and one recent piece noted it is among BlackRock’s important AI stocks, reinforcing institutional interest. Article Title
• Neutral Sentiment: Celestica also announced it will report second-quarter 2026 results on July 27 and hold a conference call on July 28, which keeps investors focused on upcoming earnings but does not itself change fundamentals yet. Article Title
• Neutral Sentiment: Some analysis argues CLS may still be undervalued on earnings metrics, but other valuation checks suggest the stock is not an obvious bargain after its huge multi-year run, creating a mixed message for investors. Article Title
• Negative Sentiment: Several articles note that Celestica still faces margin pressure, ATS weakness, and competitive and trade-related challenges, which could limit upside if growth slows. Article Title

Insider Transactions at Celestica

In other 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 value of $1,389,236.08. Following the completion of the sale, the director directly owned 24,718 shares in the company, valued at $8,238,756.58. This represents a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Robert Mionis sold 66,056 shares of Celestica stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $400.06, for a total value of $26,426,363.36. Following the transaction, the chief executive officer owned 134,328 shares in the company, valued at approximately $53,739,259.68. The trade was a 32.96% 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 worth $63,190,485 in the last ninety days. Insiders own 1.10% of the company’s stock.

Wall Street Analysts Forecast Growth

CLS has been the subject of a number of research analyst reports. Citigroup upped their price objective on shares of Celestica from $338.00 to $415.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. BMO Capital Markets lifted their target price on shares of Celestica from $370.00 to $450.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Canadian Imperial Bank of Commerce restated an “outperform” rating and set a $480.00 price target on shares of Celestica in a research report on Wednesday, April 29th. TD Cowen upgraded Celestica from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $350.00 to $430.00 in a report on Wednesday, April 29th. Finally, Weiss Ratings raised Celestica from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Celestica currently has a consensus rating of “Buy” and a consensus price target of $427.42.

About Celestica

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.