TD Waterhouse Canada Inc. decreased its position in Celestica, Inc. (NYSE:CLS – Free Report) (TSE:CLS) by 13.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 130,011 shares of the technology company’s stock after selling 20,411 shares during the quarter. TD Waterhouse Canada Inc. owned 0.11% of Celestica worth $32,785,000 at the end of the most recent reporting period.
Several other hedge funds also recently modified their holdings of CLS. Golden State Wealth Management LLC grew its stake in shares of Celestica by 102.5% during the second quarter. Golden State Wealth Management LLC now owns 164 shares of the technology company’s stock valued at $26,000 after purchasing an additional 83 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in Celestica by 42.5% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 124 shares of the technology company’s stock valued at $31,000 after buying an additional 37 shares during the last quarter. First Horizon Corp acquired a new stake in shares of Celestica in the 3rd quarter valued at $31,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Celestica during the second quarter worth $40,000. Finally, Avion Wealth acquired a new position in shares of Celestica during the third quarter valued at $40,000. Institutional investors and hedge funds own 67.38% of the company’s stock.
More Celestica News
Here are the key news stories impacting Celestica this week:
- Positive Sentiment: Q4 results beat and revenue jump — Celestica reported Q4 results above estimates (EPS reported around $1.80–$1.89 across outlets) and revenue of roughly $3.6B, up ~43% year-over-year, beating consensus and showing solid margin improvement. GlobeNewswire: Q4 Results
- Positive Sentiment: Raised 2026 guidance — Management lifted Q1 2026 EPS guidance to $1.95–$2.15 (vs. ~$1.78 consensus) and raised FY2026 EPS to $8.75 and revenue guidance to ~$17.0B, well above street estimates — a key driver for the rally. Press Release / Guidance
- Positive Sentiment: Analyst support and new coverage — Bank of America initiated coverage with a Buy and $400 target and RBC Capital reiterated a Buy, adding institutional backing that can support further upside. BayStreet: BofA Coverage MSN: RBC Remains Buy
- Neutral Sentiment: Different outlets report slightly different EPS figures — Zacks cites $1.89 while the company/others reported ~$1.80; the variation doesn’t change the beat story but can create short-term headline noise. Zacks: Q4 Beat
- Neutral Sentiment: Intraday volatility / profit-taking reported — some coverage notes shares dipped despite the beat and raised outlook, suggesting short-term traders took profits; watch volume and follow-through price action. Investing.com: Shares Drop
- Negative Sentiment: Investor litigation inquiry — Pomerantz announced an investigation into Celestica, which could be an overhang if it develops into a formal suit or reveals material issues. Monitor filings and disclosures. GlobeNewswire: Pomerantz Investigation
Celestica Stock Up 3.8%
Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last announced its earnings results on Monday, October 27th. The technology company reported $1.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.45 by $0.13. Celestica had a return on equity of 30.53% and a net margin of 6.35%.The business had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.01 billion. During the same quarter last year, the firm earned $1.04 EPS. Celestica’s revenue for the quarter was up 27.8% compared to the same quarter last year. As a group, equities research analysts predict that Celestica, Inc. will post 4.35 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on the stock. BMO Capital Markets restated an “outperform” rating on shares of Celestica in a research report on Monday. Aletheia Capital lifted their price objective on Celestica from $330.00 to $410.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Zacks Research lowered Celestica from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. New Street Research set a $400.00 target price on Celestica in a research report on Wednesday, October 29th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Celestica from $295.00 to $360.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $344.24.
View Our Latest Analysis on CLS
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.
Featured Stories
- Five stocks we like better than Celestica
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Do not delete, read immediately
- NEW LAW: Congress Approves Setup For Digital Dollar?
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- A U.S. “birthright” claim worth trillions – activated quietly
Want to see what other hedge funds are holding CLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Celestica, Inc. (NYSE:CLS – Free Report) (TSE:CLS).
Receive News & Ratings for Celestica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celestica and related companies with MarketBeat.com's FREE daily email newsletter.
