Celestica (NYSE:CLS) CEO Robert Mionis Sells 51,061 Shares

Celestica, Inc. (NYSE:CLS) (TSE:CLS) CEO Robert Mionis sold 51,061 shares of the stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $368.41, for a total value of $18,811,383.01. Following the completion of the transaction, the chief executive officer owned 46,892 shares of the company’s stock, valued at $17,275,481.72. This trade represents a 52.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Robert Mionis also recently made the following trade(s):

• On Tuesday, August 4th, Robert Mionis sold 98,453 shares of Celestica stock. The stock was sold at an average price of $368.99, for a total value of $36,328,172.47.
• On Friday, July 31st, Robert Mionis sold 9,543 shares of Celestica stock. The stock was sold at an average price of $367.49, for a total value of $3,506,957.07.
• On Monday, June 15th, Robert Mionis sold 66,056 shares of Celestica stock. The shares were sold at an average price of $400.06, for a total transaction of $26,426,363.36.
• On Tuesday, June 16th, Robert Mionis sold 55,768 shares of Celestica stock. The stock was sold at an average price of $386.96, for a total transaction of $21,579,985.28.
• On Wednesday, June 17th, Robert Mionis sold 18,176 shares of Celestica stock. The stock was sold at an average price of $385.17, for a total transaction of $7,000,849.92.

Celestica Stock Performance

Celestica stock opened at $314.89 on Friday. Celestica, Inc. has a fifty-two week low of $173.23 and a fifty-two week high of $474.02. The firm’s 50 day simple moving average is $359.62 and its 200-day simple moving average is $334.56. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.23 and a quick ratio of 0.68. The company has a market cap of $36.20 billion, a P/E ratio of 32.73 and a beta of 2.06.

Celestica (NYSE:CLS) (TSE:CLS) last issued its quarterly earnings results on Monday, July 27th. The technology company reported $2.54 EPS for the quarter, beating the consensus estimate of $2.29 by $0.25. Celestica had a net margin of 7.16% and a return on equity of 39.96%. The business had revenue of $4.68 billion during the quarter, compared to the consensus estimate of $4.30 billion. During the same quarter in the prior year, the firm earned $1.39 EPS. The firm’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. As a group, equities research analysts predict that Celestica, Inc. will post 9.97 EPS for the current year.

Celestica News Roundup

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Celestica priced an offering of 9,677,419 common shares at $310 each, expecting approximately $3 billion in gross proceeds. Management plans to use the capital to expand capacity and fund investments supporting strong, multi-year demand for AI infrastructure, including data-center and networking products. Celestica Announces Pricing of Equity Offering
• Positive Sentiment: Recent coverage highlighted accelerating AI networking-switch revenue, significant gross-margin expansion and planned capital expenditures of roughly $1 billion. The investment could strengthen Celestica’s ability to serve hyperscaler customers and sustain elevated growth over multiple years. Celestica Just Unloaded Bad News – Buy It
• Positive Sentiment: Analyst commentary continued to identify Celestica as a high-quality growth stock, citing its growth profile, AI exposure and improving operating performance. Technical coverage also noted that the shares had recently moved above their 50-day moving average, a potential short-term bullish signal. Top-Ranked Growth Stocks for August
• Neutral Sentiment: The offering is intended to strengthen Celestica’s balance sheet and accelerate growth, but the additional shares create an estimated short-term dilution of approximately 8.4% to 10%. The longer-term benefit depends on whether the funded expansion generates sufficient returns. Celestica’s $3B Raise
• Negative Sentiment: Investors reacted negatively to the discounted share issuance because it increases the share count and could pressure per-share earnings. Analysts cited dilution and potential EPS headwinds, with some taking a more cautious view of the stock’s valuation. Celestica Shares Slide After Equity Offering

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on CLS. Susquehanna lifted their price target on Celestica from $460.00 to $510.00 and gave the company a “positive” rating in a report on Wednesday, April 29th. BMO Capital Markets raised their price objective on Celestica from $370.00 to $450.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Bank of America reaffirmed a “buy” rating on shares of Celestica in a research note on Wednesday, July 29th. Barclays dropped their target price on Celestica from $441.00 to $430.00 and set an “overweight” rating on the stock in a report on Wednesday, July 29th. Finally, TD Cowen raised shares of Celestica from a “hold” rating to a “buy” rating and increased their price target for the stock from $350.00 to $430.00 in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $437.00.

Hedge Funds Weigh In On Celestica

Hedge funds have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. increased its position in Celestica by 5,806,149.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,657,937 shares of the technology company’s stock worth $1,081,323,000 after buying an additional 3,657,874 shares during the last quarter. Viking Global Investors LP acquired a new stake in shares of Celestica in the third quarter worth about $424,459,000. Norges Bank bought a new stake in shares of Celestica during the 4th quarter worth about $456,511,000. AQR Capital Management LLC bought a new stake in shares of Celestica during the 4th quarter worth about $315,497,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of Celestica by 24.8% during the 4th quarter. JPMorgan Chase & Co. now owns 4,017,623 shares of the technology company’s stock worth $1,187,650,000 after acquiring an additional 798,782 shares in the last quarter. 67.38% of the stock is owned by institutional investors and hedge funds.

Celestica Company Profile

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.