Celestica, Inc. $CLS Stock: Gunderson Capital Management LLC Increases Holdings

Gunderson Capital Management LLC raised its stake in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 49.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,630 shares of the technology company’s stock after purchasing an additional 6,508 shares during the quarter. Celestica comprises about 1.9% of Gunderson Capital Management LLC’s investment portfolio, making the stock its 24th biggest position. Gunderson Capital Management LLC’s holdings in Celestica were worth $7,095,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the stock. Formuepleje A S purchased a new stake in shares of Celestica in the third quarter worth about $532,000. Nvwm LLC raised its holdings in shares of Celestica by 12.5% during the 3rd quarter. Nvwm LLC now owns 911 shares of the technology company’s stock valued at $330,000 after buying an additional 101 shares during the period. HBW Advisory Services LLC raised its holdings in shares of Celestica by 8.6% during the 3rd quarter. HBW Advisory Services LLC now owns 596 shares of the technology company’s stock valued at $215,000 after buying an additional 47 shares during the period. Mather Group LLC. raised its holdings in shares of Celestica by 266.7% during the 3rd quarter. Mather Group LLC. now owns 121 shares of the technology company’s stock valued at $44,000 after buying an additional 88 shares during the period. Finally, Mezzasalma Advisors LLC lifted its position in Celestica by 11.4% during the 3rd quarter. Mezzasalma Advisors LLC now owns 12,588 shares of the technology company’s stock worth $4,550,000 after acquiring an additional 1,285 shares in the last quarter. 67.38% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Celestica

In other news, CFO Mandeep Chawla sold 16,117 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $369.32, for a total transaction of $5,952,330.44. Following the completion of the transaction, the chief financial officer directly owned 65,444 shares in the company, valued at approximately $24,169,778.08. This represents a 19.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Robert Mionis sold 98,453 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $368.99, for a total transaction of $36,328,172.47. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 243,067 shares of company stock valued at $89,200,967 in the last three months. Corporate insiders own 1.10% of the company’s stock.

Celestica Stock Down 5.1%

Shares of NYSE CLS traded down $16.54 during midday trading on Thursday, reaching $306.78. 2,559,094 shares of the company’s stock were exchanged, compared to its average volume of 2,401,698. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.68 and a current ratio of 1.23. Celestica, Inc. has a 52-week low of $244.51 and a 52-week high of $474.02. The business’s fifty day moving average price is $333.08 and its two-hundred day moving average price is $350.35. The stock has a market capitalization of $35.27 billion, a PE ratio of 31.90 and a beta of 2.01.

Celestica (NYSE:CLS) (TSE:CLS) last issued its quarterly earnings data on Monday, July 27th. The technology company reported $2.54 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.25. Celestica had a return on equity of 39.96% and a net margin of 7.16%. The firm had revenue of $4.68 billion during the quarter, compared to analyst estimates of $4.30 billion. During the same quarter last year, the firm earned $1.39 EPS. Celestica’s quarterly revenue was up 62.4% on a year-over-year basis. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. Analysts forecast that Celestica, Inc. will post 10.71 EPS for the current year.

Wall Street Analysts Forecast Growth

CLS has been the subject of a number of analyst reports. Stifel Nicolaus set a $500.00 price target on Celestica in a report on Tuesday, July 28th. TD Cowen reaffirmed a “buy” rating on shares of Celestica in a research report on Wednesday, September 16th. Wall Street Zen downgraded shares of Celestica from a “buy” rating to a “hold” rating in a research report on Sunday, September 6th. BWS Financial reiterated a “buy” rating on shares of Celestica in a research note on Tuesday, July 28th. Finally, UBS Group raised shares of Celestica from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $410.00 to $430.00 in a research report on Monday, August 24th. Twenty-three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $450.50.

About Celestica

Celestica Inc (NYSE: CLS) is a global provider of design, manufacturing, and supply-chain services for original equipment manufacturers and other technology companies. The company helps customers develop, produce, deploy, and support complex hardware and electronic systems, serving industries such as communications, enterprise technology, aerospace and defense, industrial technology, health care, and semiconductor equipment.

Its services include product design and engineering, printed circuit board and systems assembly, manufacturing, testing, logistics, aftermarket support, and supply-chain management.