Private Advisor Group LLC trimmed its position in Celestica, Inc. (NYSE:CLS – Free Report) (TSE:CLS) by 21.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,146 shares of the technology company’s stock after selling 4,312 shares during the period. Private Advisor Group LLC’s holdings in Celestica were worth $4,548,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in the company. Leonteq Securities AG raised its stake in shares of Celestica by 25.9% in the first quarter. Leonteq Securities AG now owns 3,629 shares of the technology company’s stock valued at $1,022,000 after buying an additional 746 shares during the period. Elevation Point Wealth Partners LLC purchased a new position in shares of Celestica in the 1st quarter worth about $343,000. Keybank National Association OH boosted its stake in Celestica by 33.2% in the first quarter. Keybank National Association OH now owns 2,448 shares of the technology company’s stock worth $690,000 after buying an additional 610 shares in the last quarter. WD Rutherford LLC grew its holdings in shares of Celestica by 39.8% during the 1st quarter. WD Rutherford LLC now owns 2,719 shares of the technology company’s stock valued at $766,000 after purchasing an additional 774 shares during the last quarter. Finally, Tcfg Wealth Management LLC grew its stake in shares of Celestica by 9.3% during the first quarter. Tcfg Wealth Management LLC now owns 1,574 shares of the technology company’s stock valued at $443,000 after buying an additional 134 shares during the last quarter. 67.38% of the stock is owned by institutional investors and hedge funds.
Celestica Trading Down 1.3%
Shares of CLS opened at $345.61 on Wednesday. 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 $152.43 and a 1-year high of $474.02. The stock has a market cap of $39.74 billion, a price-to-earnings ratio of 41.79, a price-to-earnings-growth ratio of 0.81 and a beta of 2.05. The firm has a 50 day simple moving average of $376.13 and a 200-day simple moving average of $329.38.
Wall Street Analyst Weigh In
CLS has been the subject of several recent research reports. Stifel Nicolaus set a $445.00 target price on shares of Celestica in a research report on Tuesday, April 28th. TD lifted their price objective on Celestica from $330.00 to $350.00 and gave the stock a “hold” rating in a research note on Monday, April 20th. Citigroup lifted their price target on shares of Celestica from $338.00 to $415.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. lifted their target price on Celestica from $410.00 to $425.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Finally, BMO Capital Markets boosted their target price on shares of Celestica from $370.00 to $450.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Celestica has a consensus rating of “Buy” and a consensus price target of $427.42.
Get Our Latest Stock Analysis on CLS
Key Headlines Impacting Celestica
Here are the key news stories impacting Celestica this week:
- Positive Sentiment: Celestica appointed veteran Steven Dorwart to lead its Connectivity and Cloud Solutions segment, a move that was well received because it suggests continuity in a business closely tied to AI and cloud demand. Celestica Announces Leadership Transition in its Connectivity and Cloud Solutions Segment
- Positive Sentiment: Investors continue to view Celestica as an AI infrastructure beneficiary, with multiple articles highlighting demand for its cloud, data center, and advanced technology solutions as a reason the stock could still have upside. Celestica Announces Leadership Transition in its Connectivity and Cloud Solutions Segment
- Neutral Sentiment: New analysis suggests CLS may be undervalued on some earnings metrics, but also notes that its very strong multi-year rally leaves a high bar for future gains, making the valuation debate a key focus for investors. Celestica (TSX:CLS) Stock May Be Cheap On Fresh AI Growth Guidance
- Neutral Sentiment: Celestica scheduled its second-quarter 2026 earnings release for July 27, which keeps attention on upcoming results and guidance, but does not by itself change fundamentals. Celestica Q2 2026 Financial Results and Conference Call Tuesday July 28 2026
- Negative Sentiment: Recent commentary has turned more cautious, with one article arguing the story is deteriorating and another noting CLS has lagged the industry over the past three months amid margin and segment weakness. Celestica The Story Is Deteriorating
- Negative Sentiment: Celestica also traded lower in the latest session as the market reacted to mixed sentiment, including worries that its recent outperformance may be difficult to sustain. Celestica CLS Registers a Bigger Fall Than the Market Important Facts to Note
Insider Buying and Selling at Celestica
In related news, CFO Mandeep Chawla sold 17,000 shares of the company’s 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 transaction, the chief financial officer owned 82,444 shares in the company, valued at $32,948,744.60. This represents a 17.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael Max Wilson sold 4,168 shares of the business’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 transaction of $1,389,236.08. Following the transaction, the director owned 24,718 shares of the company’s stock, valued at approximately $8,238,756.58. This represents a 14.43% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 161,168 shares of company stock valued at $63,190,485 in the last 90 days. 1.10% of the stock is currently owned by company 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.
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