Holocene Advisors LP Has $109.07 Million Stock Holdings in Celsius Holdings Inc. $CELH

Holocene Advisors LP trimmed its stake in shares of Celsius Holdings Inc. (NASDAQ:CELH) by 10.0% in the third quarter, HoldingsChannel.com reports. The fund owned 1,897,124 shares of the company’s stock after selling 210,917 shares during the quarter. Holocene Advisors LP’s holdings in Celsius were worth $109,066,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Harbor Investment Advisory LLC bought a new position in shares of Celsius in the third quarter worth $27,000. Brown Brothers Harriman & Co. lifted its position in Celsius by 1,020.4% during the third quarter. Brown Brothers Harriman & Co. now owns 549 shares of the company’s stock worth $32,000 after purchasing an additional 500 shares during the period. Cullen Frost Bankers Inc. lifted its position in Celsius by 697.3% during the third quarter. Cullen Frost Bankers Inc. now owns 901 shares of the company’s stock worth $52,000 after purchasing an additional 788 shares during the period. EverSource Wealth Advisors LLC grew its stake in Celsius by 244.3% during the second quarter. EverSource Wealth Advisors LLC now owns 1,119 shares of the company’s stock worth $52,000 after buying an additional 794 shares in the last quarter. Finally, Clearstead Advisors LLC grew its stake in Celsius by 52.7% during the third quarter. Clearstead Advisors LLC now owns 916 shares of the company’s stock worth $53,000 after buying an additional 316 shares in the last quarter. 60.95% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

CELH has been the subject of several analyst reports. KeyCorp began coverage on shares of Celsius in a research report on Tuesday, December 16th. They issued a “sector weight” rating for the company. JPMorgan Chase & Co. increased their price target on shares of Celsius from $68.00 to $77.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Roth Mkm reissued a “buy” rating on shares of Celsius in a research note on Monday, February 9th. Weiss Ratings upgraded shares of Celsius from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, March 4th. Finally, UBS Group restated a “buy” rating and set a $70.00 target price (up from $65.00) on shares of Celsius in a research note on Wednesday, January 14th. Nineteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $67.72.

Celsius Stock Up 2.0%

CELH stock opened at $44.57 on Monday. The stock has a market capitalization of $11.45 billion, a P/E ratio of 178.28, a price-to-earnings-growth ratio of 1.47 and a beta of 0.89. The company has a current ratio of 1.68, a quick ratio of 1.37 and a debt-to-equity ratio of 0.57. Celsius Holdings Inc. has a 12 month low of $26.36 and a 12 month high of $66.74. The firm has a 50-day moving average price of $49.56 and a 200-day moving average price of $51.02.

Celsius (NASDAQ:CELH) last announced its quarterly earnings results on Thursday, February 26th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.07. The company had revenue of $721.63 million for the quarter, compared to analyst estimates of $638.17 million. Celsius had a net margin of 4.29% and a return on equity of 37.68%. The firm’s revenue was up 117.2% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.11) EPS. As a group, equities research analysts anticipate that Celsius Holdings Inc. will post 0.89 EPS for the current fiscal year.

About Celsius

Celsius Holdings, Inc is an American beverage company known for its line of fitness and energy drinks formulated to support active lifestyles. The company’s flagship product, the Celsius® brand, features beverages enhanced with ingredients such as green tea extract, guarana seed extract and essential vitamins, positioned as a functional alternative to traditional energy drinks. These products are designed to deliver a blend of ingredients that support metabolism and sustained energy without high sugar content or artificial preservatives.

In addition to its core carbonated drink portfolio, Celsius has expanded its offerings to include powder mixes and non-carbonated ready-to-drink variants, catering to consumer preferences around taste, convenience and nutritional needs.