Principal Financial Group Inc. Has $16.14 Million Holdings in Celsius Holdings Inc. $CELH

Principal Financial Group Inc. lifted its holdings in shares of Celsius Holdings Inc. (NASDAQ:CELH) by 32.7% during the 1st quarter, Holdings Channel reports. The firm owned 454,856 shares of the company’s stock after purchasing an additional 112,135 shares during the period. Principal Financial Group Inc.’s holdings in Celsius were worth $16,138,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Brown Brothers Harriman & Co. boosted its stake in shares of Celsius by 1,020.4% in the third quarter. Brown Brothers Harriman & Co. now owns 549 shares of the company’s stock valued at $32,000 after buying an additional 500 shares during the period. Flagship Harbor Advisors LLC bought a new position in Celsius during the 4th quarter worth $31,000. Fideuram Asset Management Ireland dac bought a new position in Celsius during the 4th quarter worth $31,000. SOA Wealth Advisors LLC. acquired a new position in Celsius in the 4th quarter valued at $46,000. Finally, Whittier Trust Co. of Nevada Inc. lifted its position in shares of Celsius by 27.8% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,091 shares of the company’s stock valued at $53,000 after acquiring an additional 237 shares during the period. 60.95% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Celsius

In related news, Director Hal Kravitz bought 8,400 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were purchased at an average price of $29.73 per share, for a total transaction of $249,732.00. Following the completion of the transaction, the director directly owned 227,158 shares of the company’s stock, valued at approximately $6,753,407.34. This represents a 3.84% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, CEO John Fieldly bought 8,475 shares of the firm’s stock in a transaction on Friday, May 22nd. The shares were bought at an average cost of $29.36 per share, for a total transaction of $248,826.00. Following the purchase, the chief executive officer owned 937,540 shares of the company’s stock, valued at approximately $27,526,174.40. The trade was a 0.91% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 2.33% of the stock is owned by corporate insiders.

Celsius Stock Up 1.6%

Shares of NASDAQ CELH opened at $28.47 on Thursday. The company has a market cap of $7.28 billion, a price-to-earnings ratio of 66.21, a PEG ratio of 1.12 and a beta of 0.94. The company has a current ratio of 1.77, a quick ratio of 1.43 and a debt-to-equity ratio of 0.53. Celsius Holdings Inc. has a 12 month low of $27.47 and a 12 month high of $66.74. The stock has a 50-day moving average price of $29.94 and a two-hundred day moving average price of $38.47.

Celsius (NASDAQ:CELH) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.12. The company had revenue of $782.62 million for the quarter, compared to the consensus estimate of $763.08 million. Celsius had a net margin of 5.85% and a return on equity of 37.95%. The firm’s quarterly revenue was up 137.7% compared to the same quarter last year. During the same period last year, the company posted $0.18 EPS. As a group, analysts forecast that Celsius Holdings Inc. will post 1.59 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Rothschild & Co Redburn began coverage on Celsius in a report on Wednesday, May 6th. They set a “neutral” rating and a $47.00 target price on the stock. UBS Group cut their price objective on shares of Celsius from $55.00 to $50.00 and set a “buy” rating for the company in a research report on Tuesday, June 30th. Stifel Nicolaus set a $45.00 price objective on shares of Celsius and gave the stock a “buy” rating in a research note on Thursday, July 16th. Jefferies Financial Group reissued a “buy” rating on shares of Celsius in a report on Tuesday, May 19th. Finally, Bank of America cut their price target on shares of Celsius from $55.00 to $45.00 and set a “buy” rating for the company in a report on Wednesday, June 24th. Twenty-one research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $58.65.

About Celsius

Celsius Holdings, Inc is an American beverage company known for its line of fitness and energy drinks formulated to support active lifestyles. The company’s flagship product, the Celsius® brand, features beverages enhanced with ingredients such as green tea extract, guarana seed extract and essential vitamins, positioned as a functional alternative to traditional energy drinks. These products are designed to deliver a blend of ingredients that support metabolism and sustained energy without high sugar content or artificial preservatives.

In addition to its core carbonated drink portfolio, Celsius has expanded its offerings to include powder mixes and non-carbonated ready-to-drink variants, catering to consumer preferences around taste, convenience and nutritional needs.