WCG Wealth Advisors LLC Invests $4.20 Million in Celestica, Inc. $CLS

WCG Wealth Advisors LLC acquired a new stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 14,203 shares of the technology company’s stock, valued at approximately $4,199,000.

Several other institutional investors and hedge funds also recently made changes to their positions in CLS. Northwestern Mutual Wealth Management Co. lifted its stake in Celestica by 5,806,149.2% in the fourth 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 boosted its position in shares of Celestica by 471.5% during the third quarter. Arrowstreet Capital Limited Partnership now owns 3,146,928 shares of the technology company’s stock worth $775,133,000 after buying an additional 2,596,318 shares during the period. Viking Global Investors LP bought a new position in shares of Celestica during the third quarter worth about $424,459,000. Norges Bank bought a new position in shares of Celestica during the fourth quarter worth about $456,511,000. Finally, BNP Paribas Financial Markets raised its position in Celestica by 6,788.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 438,777 shares of the technology company’s stock valued at $108,106,000 after buying an additional 432,407 shares during the last quarter. Institutional investors and hedge funds own 67.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on CLS. Royal Bank Of Canada raised their price target on shares of Celestica from $400.00 to $440.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Zacks Research lowered shares of Celestica from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Susquehanna increased their target price on shares of Celestica from $460.00 to $510.00 and gave the stock a “positive” rating in a report on Wednesday, April 29th. Bank of America lifted their price target on shares of Celestica from $400.00 to $430.00 and gave the company a “buy” rating in a research note on Monday, April 20th. Finally, TD Cowen raised shares of Celestica from a “hold” rating to a “buy” rating and boosted their price target for the stock from $350.00 to $430.00 in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $427.42.

Celestica Trading Down 7.3%

Shares of Celestica stock opened at $424.66 on Friday. Celestica, Inc. has a 12-month low of $117.28 and a 12-month high of $474.02. The company has a quick ratio of 0.73, a current ratio of 1.26 and a debt-to-equity ratio of 0.36. The business’s 50 day moving average is $363.43 and its 200-day moving average is $321.40. The stock has a market cap of $48.82 billion, a P/E ratio of 51.35, a P/E/G ratio of 1.07 and a beta of 2.02.

Celestica (NYSE:CLS) (TSE:CLS) last announced its quarterly earnings results on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $3.97 billion. During the same quarter last year, the company posted $1.20 earnings per share. The company’s revenue for the quarter was up 52.8% compared to the same quarter last year. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. Equities research analysts predict that Celestica, Inc. will post 9.5 earnings per share for the current fiscal year.

Insider Activity at Celestica

In related news, Director Michael Max Wilson sold 4,168 shares of the firm’s stock in a transaction dated 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 directly owned 24,718 shares of the company’s stock, valued at approximately $8,238,756.58. This trade represents a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 1.10% of the company’s stock.

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.