Celestica, Inc. $CLS Shares Sold by LMG Wealth Partners LLC

LMG Wealth Partners LLC decreased its holdings in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 7.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,098 shares of the technology company’s stock after selling 2,039 shares during the period. Celestica makes up about 1.4% of LMG Wealth Partners LLC’s holdings, making the stock its 20th biggest position. LMG Wealth Partners LLC’s holdings in Celestica were worth $7,715,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CLS. Allianz Asset Management GmbH lifted its stake in Celestica by 7.3% during the third quarter. Allianz Asset Management GmbH now owns 337,397 shares of the technology company’s stock valued at $83,044,000 after buying an additional 22,863 shares in the last quarter. Spark Investment Management LLC lifted its stake in Celestica by 17.4% during the third quarter. Spark Investment Management LLC now owns 27,000 shares of the technology company’s stock valued at $6,643,000 after buying an additional 4,000 shares in the last quarter. Spire Wealth Management lifted its stake in Celestica by 354.3% during the fourth quarter. Spire Wealth Management now owns 5,979 shares of the technology company’s stock valued at $1,767,000 after buying an additional 4,663 shares in the last quarter. William Blair Investment Management LLC purchased a new stake in Celestica during the third quarter valued at about $28,924,000. Finally, Plato Investment Management Ltd lifted its stake in Celestica by 154.5% during the third quarter. Plato Investment Management Ltd now owns 15,046 shares of the technology company’s stock valued at $3,676,000 after buying an additional 9,135 shares in the last quarter. Institutional investors and hedge funds own 67.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on CLS. TD upped their price objective on shares of Celestica from $330.00 to $350.00 and gave the company a “hold” rating in a research note on Monday, April 20th. Canaccord Genuity Group upped their price objective on shares of Celestica from $400.00 to $430.00 and gave the company a “buy” rating in a research note on Monday, February 2nd. Susquehanna upped their price objective on shares of Celestica from $460.00 to $510.00 and gave the company a “positive” rating in a research note on Wednesday. TD Cowen raised shares of Celestica from a “hold” rating to a “buy” rating and upped their price objective for the company from $350.00 to $430.00 in a research note on Wednesday. Finally, BMO Capital Markets lifted their target price on Celestica from $370.00 to $450.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Celestica has a consensus rating of “Moderate Buy” and a consensus target price of $427.42.

Celestica Trading Up 2.1%

NYSE:CLS opened at $418.29 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 0.88. Celestica, Inc. has a fifty-two week low of $90.00 and a fifty-two week high of $426.55. The stock’s 50-day moving average is $313.88 and its two-hundred day moving average is $309.08. The stock has a market cap of $48.09 billion, a PE ratio of 50.58, a price-to-earnings-growth ratio of 1.17 and a beta of 2.09.

Celestica (NYSE:CLS) (TSE:CLS) last released its earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share for the quarter, beating the consensus estimate of $2.08 by $0.08. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The company had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.97 billion. During the same quarter in the previous year, the business posted $1.20 EPS. The business’s revenue for the quarter was up 52.8% on a year-over-year basis. 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, equities research analysts forecast that Celestica, Inc. will post 8.91 earnings per share for the current fiscal year.

Insider Buying and Selling at Celestica

In other news, President Jason Phillips sold 100,000 shares of Celestica stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $308.92, for a total transaction of $30,892,000.00. Following the completion of the sale, the president directly owned 12,584 shares in the company, valued at $3,887,449.28. The trade was a 88.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, President Todd C. Cooper sold 89,484 shares of Celestica stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $287.45, for a total value of $25,722,175.80. Following the sale, the president owned 108,970 shares of the company’s stock, valued at approximately $31,323,426.50. This represents a 45.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 297,923 shares of company stock valued at $88,027,459 in the last 90 days. 1.10% of the stock is currently owned by corporate insiders.

Celestica News Roundup

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Zacks upgraded Celestica to a Zacks Rank #1 (Strong Buy), boosting near?term buying interest by highlighting stronger earnings prospects. All You Need to Know About Celestica (CLS) Rating Upgrade to Strong Buy
• Positive Sentiment: Analysts collectively raised Celestica’s revenue forecasts (reported as a ~10% lift), which supports higher valuation targets and signals improving outlook for end?market demand. Industry Analysts Just Upgraded Celestica Inc. (TSE:CLS) Revenue Forecasts By 10%
• Positive Sentiment: Major banks raised price targets and reiterated buy/outperform calls: Goldman Sachs lifted its PT from $430 to $475 after an earnings beat; CIBC increased its PT to US$480 and kept an Outperformer rating; JPMorgan also raised its target to $425 and kept an overweight stance. These upgrades underpin investor confidence and act as near?term buying catalysts. Goldman Sachs is Bullish on Celestica Inc. (CLS) CIBC Raises Celestica’s Price Target to US$480 From US$425 Celestica (NYSE:CLS) Given New $425.00 Price Target at JPMorgan Chase & Co.
• Positive Sentiment: Company fundamentals: Celestica reported a Q1 EPS beat (reported EPS topped estimates) and raised FY guidance, which supports forward earnings multiple expansion. Analysts are citing improving revenue growth and margin dynamics. Celestica, Inc. (CLS) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Technical indicator: CLS recently crossed above its 20?day moving average, a short?term bullish technical signal that can attract momentum traders. Celestica (CLS) Crossed Above the 20-Day Moving Average: What That Means for Investors
• Negative Sentiment: Market reaction volatility: Despite strong Q1 EPS, shares previously plunged intraday (~14% reported) after investors focused on a revenue miss in the Enterprise segment and component?shortage noise—this shows profit?taking and sensitivity to execution risks. Celestica Stock Falls 14% Despite Posting Strong Q1 Results

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.