Celestica, Inc. $CLS Shares Sold by Neumeier Poma Investment Counsel LLC

Neumeier Poma Investment Counsel LLC reduced its position in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 70.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,243 shares of the technology company’s stock after selling 105,707 shares during the period. Neumeier Poma Investment Counsel LLC’s holdings in Celestica were worth $13,079,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Cullen Frost Bankers Inc. acquired a new stake in shares of Celestica during the 4th quarter worth about $30,000. Sittner & Nelson LLC acquired a new stake in shares of Celestica during the 4th quarter worth about $31,000. Atlantic Edge Private Wealth Management LLC acquired a new stake in shares of Celestica during the 4th quarter worth about $38,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Celestica by 117.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 137 shares of the technology company’s stock worth $40,000 after purchasing an additional 74 shares during the last quarter. Finally, Fifth Third Bancorp boosted its stake in shares of Celestica by 48.7% during the 3rd quarter. Fifth Third Bancorp now owns 171 shares of the technology company’s stock worth $42,000 after purchasing an additional 56 shares during the last quarter. 67.38% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Michael Max Wilson sold 4,168 shares of the stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $333.31, for a total value of $1,389,236.08. Following the completion of the sale, the director owned 24,718 shares of the company’s stock, valued at $8,238,756.58. This 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 at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.10% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on CLS shares. Wolfe Research raised shares of Celestica to a “strong-buy” rating in a research note on Tuesday, February 17th. TD raised their target price 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. Rothschild & Co Redburn initiated coverage on shares of Celestica in a research report on Friday, May 1st. They issued a “buy” rating and a $460.00 target price on the stock. Stifel Nicolaus set a $445.00 target price on shares of Celestica in a research report on Tuesday, April 28th. Finally, Susquehanna raised their target price on shares of Celestica from $460.00 to $510.00 and gave the stock a “positive” rating in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $427.42.

Celestica Price Performance

Celestica stock opened at $424.66 on Friday. Celestica, Inc. has a 52-week low of $117.28 and a 52-week high of $474.02. The firm has a fifty day moving average of $363.43 and a 200-day moving average of $321.40. The firm has a market capitalization of $48.82 billion, a P/E ratio of 51.35, a PEG ratio of 1.07 and a beta of 2.02. The company has a quick ratio of 0.73, a current ratio of 1.26 and a debt-to-equity ratio of 0.36.

Celestica (NYSE:CLS) (TSE:CLS) last released its quarterly earnings data on Monday, April 27th. The technology company reported $2.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.08 by $0.08. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The company had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.97 billion. During the same quarter in the prior year, the business earned $1.20 earnings per share. The business’s quarterly revenue 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. As a group, analysts predict that Celestica, Inc. will post 9.5 EPS for the current year.

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.