Temasek Holdings Private Ltd Boosts Stock Position in Celestica, Inc. $CLS

Temasek Holdings Private Ltd lifted its stake in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 61.0% in the 1st quarter, Holdings Channel.com reports. The firm owned 38,456 shares of the technology company’s stock after purchasing an additional 14,568 shares during the period. Temasek Holdings Private Ltd’s holdings in Celestica were worth $10,832,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. increased its stake in shares of Celestica by 15.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 11,596 shares of the technology company’s stock worth $3,266,000 after acquiring an additional 1,525 shares during the last quarter. Oslo Pensjonsforsikring AS acquired a new stake in Celestica during the first quarter worth about $141,000. Andra AP fonden acquired a new stake in Celestica during the first quarter worth about $6,338,000. Legacy Wealth Managment LLC ID raised its stake in Celestica by 14.4% during the first quarter. Legacy Wealth Managment LLC ID now owns 223 shares of the technology company’s stock worth $63,000 after purchasing an additional 28 shares during the period. Finally, SEB Asset Management AB purchased a new position in Celestica during the first quarter worth about $4,837,000. Hedge funds and other institutional investors own 67.38% of the company’s stock.

Celestica Stock Performance

Shares of Celestica stock opened at $340.42 on Wednesday. The stock has a market capitalization of $39.14 billion, a price-to-earnings ratio of 41.16, a price-to-earnings-growth ratio of 0.71 and a beta of 2.05. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 0.73. The business has a 50-day moving average of $364.81 and a 200 day moving average of $331.91. Celestica, Inc. has a 12 month low of $153.11 and a 12 month high of $474.02.

Celestica (NYSE:CLS) (TSE:CLS) last issued its quarterly earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.08 by $0.08. The company had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.97 billion. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The business’s revenue for the quarter was up 52.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $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, sell-side analysts forecast that Celestica, Inc. will post 9.57 earnings per share for the current year.

Insider Activity at Celestica

In related news, CFO Mandeep Chawla sold 17,000 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $399.65, for a total transaction of $6,794,050.00. Following the sale, the chief financial officer directly owned 82,444 shares of the company’s stock, valued at $32,948,744.60. This represents a 17.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael Max Wilson sold 4,168 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $333.31, for a total transaction of $1,389,236.08. Following the sale, the director directly owned 24,718 shares in the company, valued at approximately $8,238,756.58. The trade was a 14.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 161,168 shares of company stock worth $63,190,485. Corporate insiders own 1.10% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on CLS shares. Canadian Imperial Bank of Commerce reissued an “outperform” rating and issued a $480.00 price target on shares of Celestica in a research note on Wednesday, April 29th. Weiss Ratings lowered shares of Celestica from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 16th. Stifel Nicolaus set a $445.00 price objective on Celestica in a report on Tuesday, April 28th. TD increased their price objective on Celestica from $330.00 to $350.00 and gave the stock a “hold” rating in a research report on Monday, April 20th. Finally, Barclays raised their target price on Celestica from $391.00 to $441.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $427.42.

More Celestica News

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Several recent analysis pieces remain constructive on Celestica’s growth outlook, citing strong financial momentum, favorable earnings expectations, and potential upside if the company delivers another earnings beat. Celestica (CLS) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Positive Sentiment: Optimistic commentary also points to Celestica as a growth stock tied to AI infrastructure demand, with some analysts arguing it could still be attractively valued if cash flow and earnings continue to expand. Celestica (TSX:CLS) Could Be 33% Below Fair Value On Earnings Optimism
• Positive Sentiment: Celestica also appointed Steven Dorwart to lead its Connectivity and Cloud Solutions unit, a leadership move that could support execution in its enterprise and hyperscaler-focused business. Celestica (TSX:CLS) Appoints Steven Dorwart To Lead Its Connectivity And Cloud Unit
• Neutral Sentiment: Some valuation-focused coverage argues the stock has run up so much over the past several years that expectations are high and the shares may already reflect much of the growth story.
• Negative Sentiment: The main recent concern is that CLS has fallen sharply from its highs and is now being viewed as part of the broader AI-stock pullback, with investors worried about an overbuild cycle and whether demand can keep up with lofty expectations. Celestica stock tumbles ahead of earnings: rebound or more pain?

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.