Celestica, Inc. $CLS Shares Sold by L & S Advisors Inc

L & S Advisors Inc lessened its stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 26.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,162 shares of the technology company’s stock after selling 3,695 shares during the period. L & S Advisors Inc’s holdings in Celestica were worth $3,004,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Allianz Asset Management GmbH grew its stake in Celestica by 7.3% during the 3rd quarter. Allianz Asset Management GmbH now owns 337,397 shares of the technology company’s stock valued at $83,044,000 after acquiring an additional 22,863 shares in the last quarter. Spark Investment Management LLC grew its stake in shares of Celestica by 17.4% in the 3rd 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 during the period. Spire Wealth Management lifted its holdings in shares of Celestica by 354.3% in the 4th quarter. Spire Wealth Management now owns 5,979 shares of the technology company’s stock worth $1,767,000 after acquiring an additional 4,663 shares during the last quarter. William Blair Investment Management LLC acquired a new stake in Celestica during the 3rd quarter worth approximately $28,924,000. Finally, Plato Investment Management Ltd lifted its holdings in Celestica by 154.5% during the 3rd quarter. Plato Investment Management Ltd now owns 15,046 shares of the technology company’s stock worth $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.

Analysts Set New Price Targets

CLS has been the topic of a number of research reports. Canaccord Genuity Group increased their target price on shares of Celestica from $400.00 to $430.00 and gave the stock a “buy” rating in a report on Monday, February 2nd. Wolfe Research raised shares of Celestica to a “strong-buy” rating in a research report on Tuesday, February 17th. TD Securities raised shares of Celestica from a “hold” rating to a “buy” rating and set a $430.00 target price on the stock in a research report on Wednesday, April 29th. Aletheia Capital raised their price objective on shares of Celestica from $330.00 to $410.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $475.00 price objective on shares of Celestica in a research report on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Celestica has a consensus rating of “Moderate Buy” and a consensus price target of $427.42.

Celestica Stock Down 6.0%

Shares of NYSE:CLS opened at $358.50 on Friday. The company has a market cap of $41.22 billion, a price-to-earnings ratio of 43.35, a PEG ratio of 0.83 and a beta of 2.09. Celestica, Inc. has a fifty-two week low of $109.09 and a fifty-two week high of $435.00. The firm’s 50-day simple moving average is $332.46 and its 200-day simple moving average is $316.39. The company has a quick ratio of 0.73, a current ratio of 1.26 and a debt-to-equity ratio of 0.36.

Celestica (NYSE:CLS) (TSE:CLS) last released its quarterly earnings data on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, topping analysts’ consensus estimates of $2.08 by $0.08. The firm had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.97 billion. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The firm’s revenue was up 52.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.20 earnings per share. 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 predict that Celestica, Inc. will post 9.5 earnings per share for the current year.

Celestica 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.