Vise Technologies Inc. Has $15.95 Million Position in Celestica, Inc. $CLS

Vise Technologies Inc. lessened its stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 6.4% during the fourth quarter, Holdings Channel reports. The fund owned 53,970 shares of the technology company’s stock after selling 3,663 shares during the quarter. Vise Technologies Inc.’s holdings in Celestica were worth $15,954,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of CLS. Northwestern Mutual Wealth Management Co. lifted its position in shares of Celestica by 5,806,149.2% during the 4th 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 acquiring an additional 3,657,874 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings 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 worth $775,133,000 after buying an additional 2,596,318 shares during the last quarter. Viking Global Investors LP acquired a new position in Celestica during the third quarter worth $424,459,000. Norges Bank acquired a new position in Celestica during the fourth quarter worth $456,511,000. Finally, Cibc World Market Inc. raised its holdings in Celestica by 30.6% during the fourth quarter. Cibc World Market Inc. now owns 2,265,680 shares of the technology company’s stock worth $670,279,000 after buying an additional 530,535 shares during the last quarter. Institutional investors and hedge funds own 67.38% of the company’s stock.

Wall Street Analyst Weigh In

CLS has been the topic of several research reports. Susquehanna upped their price objective on shares of Celestica from $460.00 to $510.00 and gave the stock a “positive” rating in a report on Wednesday, April 29th. TD Cowen upgraded shares of Celestica from a “hold” rating to a “buy” rating and increased their target price for the company from $350.00 to $430.00 in a report on Wednesday, April 29th. Bank of America increased their target price on shares of Celestica from $400.00 to $430.00 and gave the company a “buy” rating in a report on Monday, April 20th. Royal Bank Of Canada increased their target price on shares of Celestica from $400.00 to $440.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Finally, Rothschild & Co Redburn assumed coverage on shares of Celestica in a report on Friday, May 1st. They issued a “buy” rating and a $460.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Celestica presently has a consensus rating of “Moderate Buy” and a consensus target price of $427.42.

Celestica Stock Performance

Shares of CLS stock opened at $424.66 on Friday. The firm has a 50-day moving average of $363.43 and a 200-day moving average of $321.40. The company 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. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 0.73. Celestica, Inc. has a one year low of $117.28 and a one year high of $474.02.

Celestica (NYSE:CLS) (TSE:CLS) last announced its earnings results 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 company had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.97 billion. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The firm’s revenue for the quarter was up 52.8% on a year-over-year basis. During the same quarter in the prior year, the company 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. Equities research analysts forecast that Celestica, Inc. will post 9.5 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Michael Max Wilson sold 4,168 shares of the 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 completion of the transaction, the director owned 24,718 shares in the company, valued at approximately $8,238,756.58. This represents a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 1.10% of the company’s stock.

About Celestica

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.