Celsius Holdings Inc. $CELH Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its stake in Celsius Holdings Inc. (NASDAQ:CELH) by 4,912.8% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 145,822 shares of the company’s stock after acquiring an additional 142,913 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.06% of Celsius worth $4,270,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Geode Capital Management LLC grew its position in shares of Celsius by 8.4% in the fourth quarter. Geode Capital Management LLC now owns 3,565,409 shares of the company’s stock valued at $163,112,000 after purchasing an additional 277,424 shares during the period. Norges Bank acquired a new stake in Celsius in the 4th quarter worth about $140,803,000. Ameriprise Financial Inc. increased its stake in Celsius by 20.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,470,088 shares of the company’s stock worth $114,587,000 after buying an additional 426,623 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Celsius by 13.0% during the third quarter. Invesco Ltd. now owns 1,801,922 shares of the company’s stock valued at $103,592,000 after acquiring an additional 207,824 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its position in shares of Celsius by 0.9% in the fourth quarter. BNP Paribas Financial Markets now owns 1,728,735 shares of the company’s stock valued at $79,072,000 after acquiring an additional 15,565 shares in the last quarter. 60.95% of the stock is currently owned by institutional investors and hedge funds.

Celsius Trading Up 1.0%

Shares of CELH stock opened at $31.61 on Friday. The company has a current ratio of 1.80, a quick ratio of 1.42 and a debt-to-equity ratio of 0.56. Celsius Holdings Inc. has a twelve month low of $23.56 and a twelve month high of $66.74. The company’s 50-day moving average price is $30.25 and its 200-day moving average price is $33.83. The stock has a market cap of $8.00 billion, a price-to-earnings ratio of 131.71, a PEG ratio of 2.14 and a beta of 0.93.

Celsius (NASDAQ:CELH) last issued its earnings results on Thursday, August 6th. The company reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.05). Celsius had a return on equity of 36.52% and a net margin of 4.24%.The firm had revenue of $817.93 million for the quarter, compared to analysts’ expectations of $870.08 million. During the same period last year, the firm earned $0.47 earnings per share. Celsius’s revenue for the quarter was up 10.6% on a year-over-year basis. As a group, equities analysts predict that Celsius Holdings Inc. will post 1.47 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Bank of America reduced their price objective on Celsius from $55.00 to $45.00 and set a “buy” rating for the company in a research note on Wednesday, June 24th. BNP Paribas Exane reissued an “outperform” rating and issued a $57.00 price target (down from $70.00) on shares of Celsius in a research note on Tuesday, May 26th. Roth Capital reaffirmed a “buy” rating and set a $48.00 price objective on shares of Celsius in a research note on Friday, August 7th. Wall Street Zen lowered shares of Celsius from a “hold” rating to a “sell” rating in a research note on Saturday, August 15th. Finally, JPMorgan Chase & Co. lowered their target price on Celsius from $56.00 to $52.00 and set an “overweight” rating on the stock in a report on Friday, August 7th. Sixteen investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $44.94.

About Celsius

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.