First Eagle Investment Management LLC Invests $1.33 Million in Celsius Holdings Inc. $CELH

First Eagle Investment Management LLC purchased a new stake in shares of Celsius Holdings Inc. (NASDAQ:CELH) in the 2nd quarter, Holdings Channel reports. The fund purchased 45,353 shares of the company’s stock, valued at approximately $1,328,000.

Other large investors have also recently modified their holdings of the company. California State Teachers Retirement System grew its stake in Celsius by 3,171.1% in the second quarter. California State Teachers Retirement System now owns 5,878,897 shares of the company’s stock worth $172,134,000 after purchasing an additional 5,699,173 shares in the last quarter. HB Wealth Management LLC increased its holdings in Celsius by 16.3% during the 2nd quarter. HB Wealth Management LLC now owns 18,958 shares of the company’s stock worth $555,000 after purchasing an additional 2,653 shares during the period. TD Waterhouse Canada Inc. raised its position in Celsius by 33.3% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 11,876 shares of the company’s stock valued at $378,000 after purchasing an additional 2,964 shares in the last quarter. Outfitters Financial LLC raised its position in Celsius by 10.1% during the 2nd quarter. Outfitters Financial LLC now owns 25,505 shares of the company’s stock valued at $747,000 after purchasing an additional 2,335 shares in the last quarter. Finally, Continuum Advisory LLC purchased a new stake in shares of Celsius in the 2nd quarter worth $31,000. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on CELH. UBS Group set a $44.00 price target on Celsius and gave the stock a “buy” rating in a research report on Friday, August 7th. Morgan Stanley set a $42.00 price objective on shares of Celsius and gave the stock an “overweight” rating in a research note on Friday, August 7th. Needham & Company LLC cut their target price on shares of Celsius from $55.00 to $35.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Wall Street Zen lowered shares of Celsius from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Finally, Weiss Ratings cut shares of Celsius from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 11th. Sixteen research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $44.94.

Celsius Price Performance

Shares of CELH opened at $30.66 on Monday. The company has a 50 day moving average of $30.27 and a two-hundred day moving average of $33.74. The company has a quick ratio of 1.42, a current ratio of 1.80 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 has a market cap of $7.76 billion, a price-to-earnings ratio of 127.75, a price-to-earnings-growth ratio of 2.09 and a beta of 0.93.

Celsius (NASDAQ:CELH) last issued its quarterly earnings data 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 net margin of 4.24% and a return on equity of 36.52%. The business had revenue of $817.93 million for the quarter, compared to analysts’ expectations of $870.08 million. During the same quarter in the prior year, the company posted $0.47 EPS. The business’s revenue for the quarter was up 10.6% on a year-over-year basis. As a group, analysts predict that Celsius Holdings Inc. will post 1.47 earnings per share for the current fiscal year.

Celsius 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.