SG Americas Securities LLC Has $21.23 Million Stock Position in Celestica, Inc. $CLS

SG Americas Securities LLC boosted its holdings in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 8.1% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 75,377 shares of the technology company’s stock after buying an additional 5,650 shares during the quarter. SG Americas Securities LLC’s holdings in Celestica were worth $21,232,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Warren Street Wealth Advisors LLC lifted its holdings in shares of Celestica by 28.3% in the first quarter. Warren Street Wealth Advisors LLC now owns 1,302 shares of the technology company’s stock worth $367,000 after acquiring an additional 287 shares during the last quarter. Balboa Wealth Partners lifted its stake in Celestica by 6.1% in the 1st quarter. Balboa Wealth Partners now owns 892 shares of the technology company’s stock valued at $251,000 after purchasing an additional 51 shares during the last quarter. Osbon Capital Management LLC acquired a new stake in Celestica in the fourth quarter valued at approximately $755,000. World Investment Advisors boosted its position in Celestica by 13.2% in the fourth quarter. World Investment Advisors now owns 1,532 shares of the technology company’s stock valued at $453,000 after buying an additional 179 shares in the last quarter. Finally, Corient Private Wealth LLC grew its stake in shares of Celestica by 16.3% during the fourth quarter. Corient Private Wealth LLC now owns 9,348 shares of the technology company’s stock worth $2,764,000 after buying an additional 1,308 shares during the last quarter. Institutional investors own 67.38% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on CLS shares. Barclays increased their price target on Celestica from $391.00 to $441.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Weiss Ratings upgraded Celestica from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Citigroup upped their target price on Celestica from $338.00 to $415.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Zacks Research downgraded Celestica from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Finally, Bank of America boosted their price target on Celestica from $400.00 to $430.00 and gave the stock a “buy” rating in a report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $427.42.

Celestica Price Performance

CLS stock opened at $363.12 on Thursday. The company has a market capitalization of $41.75 billion, a P/E ratio of 43.91, a PEG ratio of 0.82 and a beta of 2.02. The company has a fifty day moving average price of $384.39 and a 200-day moving average price of $327.58. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.73 and a current ratio of 1.26. Celestica, Inc. has a 52-week low of $144.27 and a 52-week high of $474.02.

Celestica (NYSE:CLS) (TSE:CLS) last issued its quarterly earnings data on Monday, April 27th. The technology company reported $2.16 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.08. The company had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.97 billion. Celestica had a net margin of 6.95% and a return on equity of 36.91%. Celestica’s revenue for the quarter was up 52.8% on a year-over-year basis. During the same quarter in the previous 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, equities analysts expect that Celestica, Inc. will post 9.5 EPS for the current year.

Insiders Place Their Bets

In other news, Director Michael Max Wilson sold 4,168 shares of the stock in a transaction dated Tuesday, May 19th. The stock was 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 approximately $8,238,756.58. This represents a 14.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Robert Mionis sold 66,056 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $400.06, for a total value of $26,426,363.36. Following the transaction, the chief executive officer owned 134,328 shares of the company’s stock, valued at $53,739,259.68. This trade represents a 32.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 161,168 shares of company stock valued at $63,190,485. 1.10% of the stock is currently owned by company insiders.

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.