Interchange Capital Partners LLC Purchases Shares of 1,592 Celestica, Inc. $CLS

Interchange Capital Partners LLC acquired a new position in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 1,592 shares of the technology company’s stock, valued at approximately $471,000.

Several other institutional investors have also recently made changes to their positions in CLS. Arrowstreet Capital Limited Partnership grew its position in Celestica by 471.5% during the third 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 during the period. Viking Global Investors LP acquired a new position in shares of Celestica in the third quarter worth about $424,459,000. BNP Paribas Financial Markets boosted its stake in shares of Celestica by 6,788.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 438,777 shares of the technology company’s stock worth $108,106,000 after acquiring an additional 432,407 shares in the last quarter. Marshall Wace LLP grew its position in shares of Celestica by 1,249.0% during the 3rd quarter. Marshall Wace LLP now owns 278,928 shares of the technology company’s stock valued at $68,722,000 after acquiring an additional 258,251 shares during the period. Finally, Legal & General Group Plc increased its stake in shares of Celestica by 30.9% in the 3rd quarter. Legal & General Group Plc now owns 973,112 shares of the technology company’s stock valued at $239,527,000 after purchasing an additional 229,542 shares in the last quarter. 67.38% of the stock is owned by hedge funds and other institutional investors.

Celestica News Roundup

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: CIBC raised its price target to US$480 from US$425 and reiterated an Outperformer rating, signaling strong analyst conviction and implying sizable upside. CIBC Raises Celestica’s Price Target to US$480 From US$425, Reiterates its Outperformer Rating
• Positive Sentiment: JPMorgan raised its price target to $425 and maintains an Overweight rating, backing the beat-and-raise story and adding institutional demand signals. Benzinga
• Positive Sentiment: TD Cowen upgraded Celestica from Hold to Buy and lifted its target to $430, another vote of confidence from sell‑side coverage. Benzinga
• Positive Sentiment: Celestica announced DS6000-series 1.6TbE switches are now available to order — a product milestone that supports its AI/data center growth narrative. Celestica Accelerates AI-Scale Networking: DS6000-Series 1.6TbE Switches Now Available to Order
• Positive Sentiment: Company reported a strong Q1: revenue +53% YoY, EPS beat and management raised FY2026 revenue and EPS guidance — fundamental drivers for longer‑term upside. Celestica Surpasses Q1 Earnings Estimates on Solid CCS Demand
• Neutral Sentiment: Zacks highlights Celestica as a top-ranked momentum stock — useful for momentum traders but not a substitute for earnings/valuation analysis. Celestica (CLS) is a Top-Ranked Momentum Stock: Should You Buy?
• Negative Sentiment: Shares plunged ~14–16% immediately after earnings, erasing significant market value — the drop reflects profit‑taking and disappointment that a beat/raise didn’t meet sky-high growth‑valuation expectations. Celestica craters by $10B after earnings
• Negative Sentiment: Analysts/commentary flagged execution and supply‑chain risks, modest margin improvement relative to elevated expectations, and high planned CapEx — concerns that could pressure the stock if growth execution slips. Celestica: It’s Now Much Harder To Excite The Market (Downgrade)
• Negative Sentiment: Multiple outlets question why the market sold despite the beat-and-raise, underscoring momentum‑driven profit taking and valuation re‑rating risk for CLS. Celestica (CLS) Stock Plunges 14% Despite Strong Q1 Earnings Beat — What Happened?

Celestica Price Performance

CLS opened at $375.90 on Thursday. The firm has a market cap of $43.22 billion, a price-to-earnings ratio of 45.45, a PEG ratio of 1.26 and a beta of 1.88. Celestica, Inc. has a 12-month low of $81.88 and a 12-month high of $423.25. The company has a current ratio of 1.44, a quick ratio of 0.88 and a debt-to-equity ratio of 0.34. The stock’s 50-day moving average price is $311.51 and its 200 day moving average price is $308.37.

Celestica (NYSE:CLS) (TSE:CLS) last posted its quarterly earnings data on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, beating the consensus estimate of $2.08 by $0.08. The business had revenue of $3.96 billion during the quarter, compared to analyst estimates of $4.06 billion. Celestica had a net margin of 6.95% and a return on equity of 37.35%. The business’s revenue for the quarter was up 52.8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.20 earnings per share. 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, sell-side analysts expect that Celestica, Inc. will post 8.5 earnings per share for the current year.

Insiders Place Their Bets

In other Celestica news, President Jason Phillips sold 100,000 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $308.92, for a total value of $30,892,000.00. Following the completion of the transaction, the president owned 12,584 shares of the company’s stock, valued at $3,887,449.28. This trade represents a 88.82% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Yann L. Etienvre sold 1,145 shares of the business’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $283.51, for a total transaction of $324,618.95. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 297,923 shares of company stock worth $88,027,459 in the last ninety days. 1.10% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. TD Securities raised Celestica from a “hold” rating to a “buy” rating and set a $430.00 target price for the company in a research note on Wednesday. Bank of America raised their target price on shares of Celestica from $400.00 to $430.00 and gave the stock a “buy” rating in a research note on Monday, April 20th. Canadian Imperial Bank of Commerce reissued an “outperform” rating and set a $480.00 price target on shares of Celestica in a research report on Wednesday. TD raised their price objective on shares of Celestica from $330.00 to $350.00 and gave the stock a “hold” rating in a research report on Monday, April 20th. Finally, Canaccord Genuity Group lifted their target price on shares of Celestica from $400.00 to $430.00 and gave the stock a “buy” rating in a research note on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Celestica has a consensus rating of “Moderate Buy” and a consensus price target of $425.61.

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.