WINTON GROUP Ltd Grows Holdings in Celestica, Inc. $CLS

WINTON GROUP Ltd boosted its position in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 109.3% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 3,140 shares of the technology company’s stock after acquiring an additional 1,640 shares during the quarter. WINTON GROUP Ltd’s holdings in Celestica were worth $1,145,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CLS. Washington Trust Advisors Inc. purchased a new stake in shares of Celestica during the second quarter worth about $28,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Celestica in the fourth quarter valued at about $28,000. Ascentis Independent Advisors acquired a new stake in Celestica during the 1st quarter valued at approximately $29,000. Swiss RE Ltd. acquired a new stake in Celestica during the 4th quarter valued at approximately $29,000. Finally, Cullen Frost Bankers Inc. purchased a new stake in Celestica during the 4th quarter worth approximately $30,000. 67.38% of the stock is owned by hedge funds and other institutional investors.

Celestica Stock Performance

Shares of CLS opened at $345.80 on Monday. The stock has a market capitalization of $39.76 billion, a PE ratio of 35.95 and a beta of 2.04. The business’s fifty day moving average price is $325.56 and its 200 day moving average price is $337.48. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.23 and a quick ratio of 0.68. Celestica, Inc. has a 12-month low of $227.00 and a 12-month high of $474.02.

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

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on CLS shares. UBS Group raised Celestica from a “neutral” rating to a “buy” rating and upped their target price for the company from $410.00 to $430.00 in a research report on Monday, August 24th. Wolfe Research raised their price target on shares of Celestica from $425.00 to $475.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Canadian Imperial Bank of Commerce lifted their price target 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. BWS Financial reaffirmed a “buy” rating on shares of Celestica in a report on Tuesday, July 28th. Finally, Wall Street Zen downgraded shares of Celestica from a “buy” rating to a “hold” rating in a research note on Sunday, September 6th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Celestica presently has an average rating of “Buy” and an average target price of $439.81.

Insider Activity

In related news, CEO Robert Mionis sold 98,453 shares of the business’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $368.99, for a total transaction of $36,328,172.47. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Mandeep Chawla sold 16,117 shares of the business’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $369.32, for a total transaction of $5,952,330.44. Following the sale, the chief financial officer directly owned 65,444 shares of the company’s stock, valued at approximately $24,169,778.08. This represents a 19.76% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 273,497 shares of company stock valued at $102,018,031 over the last ninety days. Company insiders own 1.10% of the company’s stock.

About Celestica

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.