Leonteq Securities AG Takes Position in Celestica, Inc. $CLS

Leonteq Securities AG bought a new stake in Celestica, Inc. (NYSE:CLS) (TSE:CLS) during the fourth quarter, HoldingsChannel.com reports. The fund bought 2,883 shares of the technology company’s stock, valued at approximately $852,000.

Other hedge funds have also made changes to their positions in the company. Cullen Frost Bankers Inc. acquired a new stake in Celestica during the 4th quarter valued at $30,000. Atlantic Edge Private Wealth Management LLC acquired a new stake in Celestica during the 4th quarter valued at $38,000. Park Square Financial Group LLC grew its holdings in Celestica by 36.3% during the 4th quarter. Park Square Financial Group LLC now owns 154 shares of the technology company’s stock valued at $46,000 after purchasing an additional 41 shares in the last quarter. Fifth Third Bancorp grew its holdings in Celestica by 48.7% during the 3rd quarter. Fifth Third Bancorp now owns 171 shares of the technology company’s stock valued at $42,000 after purchasing an additional 56 shares in the last quarter. Finally, Bartlett & CO. Wealth Management LLC acquired a new stake in Celestica during the 4th quarter valued at $52,000. Hedge funds and other institutional investors own 67.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on CLS. BMO Capital Markets raised their price target on shares of Celestica from $370.00 to $450.00 and gave the company an “outperform” rating in a report on Friday, April 24th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $475.00 price target on shares of Celestica in a report on Tuesday, April 28th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and set a $480.00 price target on shares of Celestica in a report on Wednesday, April 29th. TD Cowen raised shares of Celestica from a “hold” rating to a “buy” rating and raised their price target for the company from $350.00 to $430.00 in a report on Wednesday, April 29th. Finally, Royal Bank Of Canada raised their price target on shares of Celestica from $400.00 to $440.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Celestica has a consensus rating of “Moderate Buy” and an average price target of $427.42.

Celestica Price Performance

Shares of CLS stock opened at $367.81 on Friday. The firm has a market cap of $42.29 billion, a P/E ratio of 44.47, a P/E/G ratio of 0.83 and a beta of 2.09. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 0.73. Celestica, Inc. has a 1-year low of $110.54 and a 1-year high of $435.00. The firm has a fifty day moving average of $341.10 and a two-hundred day moving average of $317.06.

Celestica (NYSE:CLS) (TSE:CLS) last announced its quarterly earnings data on Monday, April 27th. The technology company reported $2.16 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.08. The company had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.97 billion. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The firm’s revenue for the quarter was up 52.8% compared to the same quarter last year. During the same period last year, the business earned $1.20 EPS. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. As a group, research analysts anticipate that Celestica, Inc. will post 9.5 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Celestica news, Director Michael Max Wilson sold 4,168 shares of the firm’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $333.31, for a total transaction of $1,389,236.08. Following the completion of the transaction, the director directly owned 24,718 shares of the company’s stock, valued at $8,238,756.58. This trade represents a 14.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.10% of the stock is currently owned by corporate insiders.

Celestica Profile

Celestica Inc is a multinational electronics manufacturing services (EMS) company that provides design, engineering, manufacturing and supply chain solutions to original equipment manufacturers across a range of industries. Headquartered in Toronto, Ontario, Canada, Celestica works with customers to develop and produce complex electronic and electro-mechanical products, integrating activities from product design and prototyping through high-volume assembly, testing and final system integration.

The company’s service offering typically includes product engineering and design support, printed circuit board assembly, box-build and systems assembly, automated test and inspection, aftermarket repair and refurbishment, and end-to-end supply chain and logistics management.