J.W. Cole Advisors Inc. Sells 2,540 Shares of Celestica, Inc. $CLS

J.W. Cole Advisors Inc. lessened its holdings in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 38.2% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 4,114 shares of the technology company’s stock after selling 2,540 shares during the period. J.W. Cole Advisors Inc.’s holdings in Celestica were worth $1,138,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Pinney & Scofield Inc. grew its holdings in shares of Celestica by 20.0% during the third quarter. Pinney & Scofield Inc. now owns 180 shares of the technology company’s stock worth $44,000 after purchasing an additional 30 shares during the last quarter. LeConte Wealth Management LLC grew its holdings in shares of Celestica by 3.5% during the fourth quarter. LeConte Wealth Management LLC now owns 1,001 shares of the technology company’s stock worth $296,000 after purchasing an additional 34 shares during the last quarter. Terra Nova Asset Management LLC grew its holdings in shares of Celestica by 2.3% during the fourth quarter. Terra Nova Asset Management LLC now owns 1,686 shares of the technology company’s stock worth $498,000 after purchasing an additional 38 shares during the last quarter. Oxinas Partners LLC grew its holdings in shares of Celestica by 1.4% during the fourth quarter. Oxinas Partners LLC now owns 2,958 shares of the technology company’s stock worth $874,000 after purchasing an additional 40 shares during the last quarter. Finally, Avantax Planning Partners Inc. grew its holdings in shares of Celestica by 2.7% during the fourth 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. Institutional investors own 67.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Susquehanna increased their target price on Celestica from $460.00 to $510.00 and gave the stock a “positive” rating in a report on Wednesday, April 29th. Weiss Ratings upgraded Celestica from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. The Goldman Sachs Group restated a “buy” rating and set a $475.00 target price on shares of Celestica in a report on Tuesday, April 28th. TD Securities upgraded Celestica from a “hold” rating to a “buy” rating and set a $430.00 price target on the stock in a report on Wednesday, April 29th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating and issued a $480.00 price target on shares of Celestica in a report on Wednesday, April 29th. One equities research 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 MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $427.42.

Celestica Price Performance

Shares of CLS opened at $370.97 on Wednesday. The company has a current ratio of 1.26, a quick ratio of 0.73 and a debt-to-equity ratio of 0.36. Celestica, Inc. has a 1 year low of $117.28 and a 1 year high of $474.02. The stock has a market cap of $42.65 billion, a P/E ratio of 44.86, a price-to-earnings-growth ratio of 0.90 and a beta of 2.02. The stock’s 50-day moving average price is $368.88 and its two-hundred day moving average price is $322.85.

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

Insider Activity at Celestica

In other news, Director Michael Max Wilson sold 4,168 shares of the firm’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $333.31, for a total transaction of $1,389,236.08. Following the sale, the director owned 24,718 shares of the company’s stock, valued at $8,238,756.58. This trade represents a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 Company 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.