CloudAlpha Capital Management Limited Hong Kong Takes Position in Celestica, Inc. $CLS

CloudAlpha Capital Management Limited Hong Kong acquired a new stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 34,110 shares of the technology company’s stock, valued at approximately $10,083,000. Celestica makes up 0.5% of CloudAlpha Capital Management Limited Hong Kong’s investment portfolio, making the stock its 24th biggest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Atlantic Edge Private Wealth Management LLC acquired a new position in Celestica during the 4th quarter valued at about $38,000. Park Square Financial Group LLC lifted its stake in shares of Celestica by 36.3% in the 4th quarter. Park Square Financial Group LLC now owns 154 shares of the technology company’s stock worth $46,000 after acquiring an additional 41 shares during the period. Fifth Third Bancorp boosted its holdings in shares of Celestica by 48.7% in the third quarter. Fifth Third Bancorp now owns 171 shares of the technology company’s stock valued at $42,000 after acquiring an additional 56 shares in the last quarter. Bartlett & CO. Wealth Management LLC bought a new position in shares of Celestica in the fourth quarter valued at approximately $52,000. Finally, First Horizon Corp increased its stake in shares of Celestica by 39.7% during the fourth quarter. First Horizon Corp now owns 176 shares of the technology company’s stock valued at $52,000 after acquiring an additional 50 shares during the period. Institutional investors own 67.38% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on CLS shares. Rothschild & Co Redburn started coverage on Celestica in a report on Friday, May 1st. They set a “buy” rating and a $460.00 target price on the stock. Aletheia Capital increased their price target on Celestica from $330.00 to $410.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Bank of America boosted their price objective on Celestica from $400.00 to $430.00 and gave the stock a “buy” rating in a research note on Monday, April 20th. The Goldman Sachs Group restated a “buy” rating and issued a $475.00 price objective on shares of Celestica in a report on Tuesday, April 28th. Finally, Royal Bank Of Canada raised their target price on Celestica from $400.00 to $440.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $427.42.

Celestica Stock Down 1.0%

CLS stock opened at $339.29 on Wednesday. The firm has a market cap of $39.01 billion, a PE ratio of 41.03, a P/E/G ratio of 0.80 and a beta of 2.09. Celestica, Inc. has a 12 month low of $109.90 and a 12 month high of $435.00. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 0.73. The firm has a 50 day simple moving average of $335.78 and a 200 day simple moving average of $316.59.

Celestica (NYSE:CLS) (TSE:CLS) last posted its quarterly earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share (EPS) 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 prior year, the company earned $1.20 earnings per share. The firm’s revenue 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. Equities research analysts forecast that Celestica, Inc. will post 9.5 earnings per share for the current fiscal year.

About Celestica

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.