119,137 Shares in Celestica, Inc. $CLS Acquired by Junto Capital Management LP

Junto Capital Management LP bought a new position in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 119,137 shares of the technology company’s stock, valued at approximately $43,461,000.

Several other institutional investors also recently bought and sold shares of the stock. Legacy Wealth Managment LLC ID boosted its stake in shares of Celestica by 14.4% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 223 shares of the technology company’s stock worth $63,000 after acquiring an additional 28 shares in the last quarter. Capital Planning LLC raised its stake in shares of Celestica by 3.2% in the 1st quarter. Capital Planning LLC now owns 1,025 shares of the technology company’s stock valued at $289,000 after acquiring an additional 32 shares in the last quarter. PCB Capital LLC raised its stake in shares of Celestica by 3.5% in the 1st quarter. PCB Capital LLC now owns 995 shares of the technology company’s stock valued at $280,000 after acquiring an additional 34 shares in the last quarter. Avantax Planning Partners Inc. lifted its holdings in Celestica by 2.7% in the 4th quarter. Avantax Planning Partners Inc. now owns 1,528 shares of the technology company’s stock worth $452,000 after purchasing an additional 40 shares during the last quarter. Finally, XML Financial LLC lifted its holdings in Celestica by 1.5% in the 2nd quarter. XML Financial LLC now owns 2,640 shares of the technology company’s stock worth $963,000 after purchasing an additional 40 shares during the last quarter. 67.38% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CEO Robert Mionis sold 98,453 shares of the company’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $368.99, for a total transaction of $36,328,172.47. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Mandeep Chawla sold 17,000 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $399.65, for a total transaction of $6,794,050.00. Following the completion of the sale, the chief financial officer owned 82,444 shares in the company, valued at $32,948,744.60. This represents a 17.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 356,553 shares of company stock worth $135,238,444 in the last ninety days. 1.10% of the stock is currently owned by insiders.

Celestica Price Performance

Shares of NYSE:CLS opened at $333.38 on Thursday. The business has a 50 day moving average price of $325.59 and a 200 day moving average price of $336.91. Celestica, Inc. has a twelve month low of $227.00 and a twelve month high of $474.02. The company has a market cap of $38.33 billion, a price-to-earnings ratio of 34.65 and a beta of 2.04. The company has a quick ratio of 0.68, a current ratio of 1.23 and a debt-to-equity ratio of 0.32.

Celestica (NYSE:CLS) (TSE:CLS) last issued its quarterly earnings results on Monday, July 27th. The technology company reported $2.54 EPS for the quarter, topping the consensus estimate of $2.29 by $0.25. The company had revenue of $4.68 billion for the quarter, compared to the consensus estimate of $4.30 billion. Celestica had a return on equity of 39.96% and a net margin of 7.16%.The company’s revenue for the quarter was up 62.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.39 EPS. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. Research analysts predict that Celestica, Inc. will post 10.71 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have issued reports on CLS. Scotiabank began coverage on Celestica in a research report on Tuesday, August 11th. They set a “sector outperform” rating and a $500.00 target price for the company. Royal Bank Of Canada set a $450.00 price objective on shares of Celestica and gave the stock an “outperform” rating in a research note on Wednesday, August 26th. Canadian Imperial Bank of Commerce boosted their price objective on shares of Celestica from $480.00 to $500.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Wall Street Zen downgraded shares of Celestica from a “buy” rating to a “hold” rating in a report on Sunday. Finally, Bank of America reiterated a “buy” rating on shares of Celestica in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $439.81.

Celestica Profile

Celestica Inc (NYSE: CLS) is a global provider of design, manufacturing, and supply chain solutions for technology companies and other businesses. The company helps customers develop, manufacture, and support complex electronic products and systems, offering services that span product design and engineering, prototyping, printed circuit board assembly, systems integration, testing, supply chain management, and after-market support.

Celestica serves customers across several markets, including communications and cloud infrastructure, aerospace and defense, industrial technology, health technology, and capital equipment.