Capstone Investment Advisors LLC Buys 258,674 Shares of Celsius Holdings Inc. $CELH

Capstone Investment Advisors LLC grew its stake in Celsius Holdings Inc. (NASDAQ:CELH) by 1,454.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 276,454 shares of the company’s stock after buying an additional 258,674 shares during the period. Capstone Investment Advisors LLC owned approximately 0.11% of Celsius worth $8,095,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Corient Private Wealth LP lifted its holdings in Celsius by 19.3% in the 2nd quarter. Corient Private Wealth LP now owns 11,770 shares of the company’s stock worth $345,000 after purchasing an additional 1,905 shares during the last quarter. Bank of America Corp DE grew its stake in Celsius by 29.2% in the 2nd quarter. Bank of America Corp DE now owns 656,684 shares of the company’s stock valued at $19,228,000 after buying an additional 148,432 shares during the last quarter. Ancora Advisors LLC acquired a new position in Celsius during the 2nd quarter worth $64,000. Ranger Investment Management L.P. bought a new stake in Celsius during the second quarter valued at about $13,629,000. Finally, Knuff & Co LLC acquired a new stake in shares of Celsius in the second quarter valued at about $4,846,000. Institutional investors and hedge funds own 60.95% of the company’s stock.

Celsius Trading Down 6.4%

Shares of CELH opened at $32.99 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.42 and a current ratio of 1.80. The company has a market cap of $8.35 billion, a price-to-earnings ratio of 137.46, a PEG ratio of 2.95 and a beta of 0.95. The stock has a fifty day moving average price of $29.99 and a two-hundred day moving average price of $34.32. Celsius Holdings Inc. has a 52-week low of $23.56 and a 52-week high of $66.74.

Celsius (NASDAQ:CELH) last announced its earnings results on Thursday, August 6th. The company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.05). Celsius had a return on equity of 36.52% and a net margin of 4.24%.The business had revenue of $817.93 million for the quarter, compared to the consensus estimate of $870.08 million. During the same quarter in the previous year, the company posted $0.47 EPS. Celsius’s revenue for the quarter was up 10.6% on a year-over-year basis. Analysts predict that Celsius Holdings Inc. will post 1.47 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft cut Celsius from a “buy” rating to a “hold” rating and set a $35.00 price objective for the company. in a research report on Thursday. Morgan Stanley set a $42.00 price target on Celsius and gave the stock an “overweight” rating in a report on Friday, August 7th. Roth Capital restated a “buy” rating and issued a $48.00 price objective on shares of Celsius in a research note on Friday, August 7th. Citigroup dropped their target price on shares of Celsius from $50.00 to $40.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. Finally, Bank of America cut their target price on shares of Celsius from $55.00 to $45.00 and set a “buy” rating for the company in a research note on Wednesday, June 24th. Eighteen research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $50.05.

Celsius Company Profile

Celsius Holdings, Inc is an American beverage company known for its line of fitness and energy drinks formulated to support active lifestyles. The company’s flagship product, the Celsius® brand, features beverages enhanced with ingredients such as green tea extract, guarana seed extract and essential vitamins, positioned as a functional alternative to traditional energy drinks. These products are designed to deliver a blend of ingredients that support metabolism and sustained energy without high sugar content or artificial preservatives.

In addition to its core carbonated drink portfolio, Celsius has expanded its offerings to include powder mixes and non-carbonated ready-to-drink variants, catering to consumer preferences around taste, convenience and nutritional needs.