IPG Investment Advisors LLC Has $1.95 Million Position in Celestica, Inc. $CLS

IPG Investment Advisors LLC increased its stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 449.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,360 shares of the technology company’s stock after acquiring an additional 4,385 shares during the quarter. IPG Investment Advisors LLC’s holdings in Celestica were worth $1,954,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Whetstone Capital Advisors LLC acquired a new position in shares of Celestica during the second quarter valued at about $281,000. WINTON GROUP Ltd grew its stake in shares of Celestica by 109.3% in the 2nd quarter. WINTON GROUP Ltd now owns 3,140 shares of the technology company’s stock valued at $1,145,000 after buying an additional 1,640 shares during the period. Integrated Wealth Concepts LLC grew its stake in shares of Celestica by 18.3% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 3,184 shares of the technology company’s stock valued at $1,162,000 after buying an additional 493 shares during the period. NewEdge Advisors LLC increased its position in Celestica by 32.9% in the 2nd quarter. NewEdge Advisors LLC now owns 8,351 shares of the technology company’s stock valued at $3,046,000 after buying an additional 2,069 shares in the last quarter. Finally, Baird Financial Group Inc. increased its position in Celestica by 2.9% in the 2nd quarter. Baird Financial Group Inc. now owns 1,563 shares of the technology company’s stock valued at $570,000 after buying an additional 44 shares in the last quarter. 67.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Celestica

In related news, CEO Robert Mionis sold 98,453 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $368.99, for a total value of $36,328,172.47. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Mandeep Chawla sold 17,000 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $399.65, for a total value of $6,794,050.00. Following the transaction, the chief financial officer owned 82,444 shares in the company, valued at approximately $32,948,744.60. This trade represents a 17.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 356,553 shares of company stock worth $135,238,444. 1.10% of the stock is owned by insiders.

Celestica Price Performance

Shares of NYSE CLS opened at $333.38 on Thursday. Celestica, Inc. has a fifty-two week low of $227.00 and a fifty-two week high of $474.02. The stock has a market cap of $38.33 billion, a price-to-earnings ratio of 34.65 and a beta of 2.04. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.68 and a current ratio of 1.23. The firm’s 50-day simple moving average is $325.59 and its 200 day simple moving average is $336.91.

Celestica (NYSE:CLS) (TSE:CLS) last released its quarterly earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.25. The business had revenue of $4.68 billion during the quarter, compared to the consensus estimate of $4.30 billion. Celestica had a return on equity of 39.96% and a net margin of 7.16%.The company’s quarterly revenue was up 62.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.39 EPS. 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, research analysts anticipate that Celestica, Inc. will post 10.71 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently weighed in on CLS shares. Wolfe Research upped their price target on Celestica from $425.00 to $475.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Stifel Nicolaus set a $500.00 price objective on Celestica in a report on Tuesday, July 28th. Weiss Ratings downgraded Celestica from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, August 13th. UBS Group raised Celestica from a “neutral” rating to a “buy” rating and upped their target price for the stock from $410.00 to $430.00 in a research report on Monday, August 24th. Finally, BWS Financial reiterated a “buy” rating on shares of Celestica in a report on Tuesday, July 28th. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $439.81.

Celestica Company Profile

Celestica Inc (NYSE: CLS) is a global provider of design, manufacturing, and supply chain solutions for technology companies and other businesses. The company helps customers develop, manufacture, and support complex electronic products and systems, offering services that span product design and engineering, prototyping, printed circuit board assembly, systems integration, testing, supply chain management, and after-market support.

Celestica serves customers across several markets, including communications and cloud infrastructure, aerospace and defense, industrial technology, health technology, and capital equipment.