Celestica, Inc. $CLS Stock Sold by Park Avenue Securities LLC

Park Avenue Securities LLC reduced its stake in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 23.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 6,280 shares of the technology company’s stock after selling 1,931 shares during the period. Park Avenue Securities LLC’s holdings in Celestica were worth $2,278,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of CLS. Cibc World Market Inc. purchased a new stake in shares of Celestica during the second quarter worth approximately $757,811,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Celestica in the 2nd quarter valued at $674,199,000. Bank of America Corp DE purchased a new position in Celestica in the 2nd quarter valued at $444,899,000. Royal Bank of Canada raised its position in Celestica by 13.8% during the 1st quarter. Royal Bank of Canada now owns 1,283,561 shares of the technology company’s stock worth $361,553,000 after buying an additional 156,040 shares during the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new position in Celestica during the 2nd quarter worth $351,717,000. Institutional investors and hedge funds own 67.38% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Robert Mionis sold 23,396 shares of the firm’s stock in a transaction dated Wednesday, September 23rd. The shares were sold at an average price of $364.22, for a total value of $8,521,291.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Mandeep Chawla sold 16,117 shares of the business’s stock in a transaction dated 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 sale, the chief financial officer owned 65,444 shares in the company, valued at $24,169,778.08. This represents a 19.76% 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 232,641 shares of company stock worth $85,370,372. Corporate insiders own 1.10% of the company’s stock.

Trending Headlines about Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Raised outlook and strong AI-driven growth: Celestica exceeded third-quarter expectations, increased its 2026 guidance and outlined an aggressive 2027 growth ramp targeting approximately $40 billion in revenue. Demand for data-center infrastructure and AI-related products remains the primary bullish catalyst. CLS Raises 2026 Outlook as AI Demand Powers an Aggressive 2027 Ramp
• Positive Sentiment: Share repurchase authorization: The TSX accepted Celestica’s normal-course issuer bid, allowing the company to repurchase shares beginning November 3, 2026, through November 2, 2027, or until the program is completed. Buybacks could support per-share earnings and signal management’s confidence in long-term value. Celestica Announces TSX Acceptance of Normal Course Issuer Bid
• Positive Sentiment: Analyst support: Canaccord Genuity raised its price target to $480 and maintained a “buy” rating. Other coverage also remains bullish on Celestica’s AI exposure and earnings growth. Canaccord Genuity Group recommendations
• Neutral Sentiment: Unusually high options activity and post-earnings price volatility indicate heightened investor interest, but do not establish a clear directional signal. Celestica Sees Unusually Large Options Volume
• Negative Sentiment: Execution and valuation concerns: Investors are questioning whether rising capital expenditures, cash-flow pressure, customer concentration and a premium valuation adequately reflect the company’s expected AI growth. These concerns have outweighed the earnings beat in recent trading. CLS Falls 14.4% in a Week as AI Growth Meets Rising Execution Risks

Celestica Stock Down 6.3%

CLS opened at $264.80 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.61 and a quick ratio of 0.68. Celestica, Inc. has a 12 month low of $244.51 and a 12 month high of $474.02. The stock has a market capitalization of $33.39 billion, a P/E ratio of 25.05, a P/E/G ratio of 0.67 and a beta of 2.01. The business has a 50 day simple moving average of $324.62 and a 200-day simple moving average of $331.28.

Celestica (NYSE:CLS) (TSE:CLS) last announced its quarterly earnings data on Monday, October 26th. The technology company reported $3.30 earnings per share for the quarter, topping analysts’ consensus estimates of $3.02 by $0.28. The firm had revenue of $5.74 billion for the quarter, compared to analyst estimates of $5.39 billion. Celestica had a return on equity of 33.80% and a net margin of 6.83%. On average, equities analysts anticipate that Celestica, Inc. will post 11.55 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on CLS shares. Stifel Nicolaus set a $500.00 target price on shares of Celestica in a research note on Tuesday, July 28th. Canadian Imperial Bank of Commerce lifted their target price on shares of Celestica from $480.00 to $500.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. RBC Dominion Securities set a $450.00 price target on shares of Celestica and gave the stock an “outperform” rating in a research note on Friday, October 23rd. Bank of America reiterated a “buy” rating on shares of Celestica in a research note on Wednesday, July 29th. Finally, JPMorgan Chase & Co. increased their price target on shares of Celestica from $445.00 to $485.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $453.32.

About Celestica

Celestica Inc is a global provider of design, manufacturing, and supply chain solutions for original equipment manufacturers and other technology companies. The company helps customers develop, produce, and support complex hardware and integrated systems across their product life cycles.

Its services include product design and engineering, electronics and mechanical manufacturing, systems integration, testing, supply chain management, logistics, and after-market support. Celestica serves markets such as communications, enterprise and cloud computing, aerospace and defense, industrial technology, health technology, and capital equipment.

Headquartered in Toronto, Canada, Celestica operates a global network of manufacturing, engineering, and supply chain facilities serving customers in North America, Europe, and Asia.