Oasis Management Co Ltd. Purchases New Holdings in Celestica, Inc. $CLS

Oasis Management Co Ltd. purchased a new stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 8,940 shares of the technology company’s stock, valued at approximately $2,643,000.

Several other large investors also recently modified their holdings of CLS. NewGen Equity Long Short Fund bought a new stake in shares of Celestica in the 2nd quarter valued at approximately $14,050,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Celestica by 7,646.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,007 shares of the technology company’s stock valued at $157,000 after purchasing an additional 994 shares during the period. First Trust Advisors LP grew its stake in shares of Celestica by 30.0% in the 2nd quarter. First Trust Advisors LP now owns 78,061 shares of the technology company’s stock valued at $12,197,000 after purchasing an additional 18,025 shares during the period. NewEdge Advisors LLC grew its stake in shares of Celestica by 385.8% in the 2nd quarter. NewEdge Advisors LLC now owns 2,803 shares of the technology company’s stock valued at $438,000 after purchasing an additional 2,226 shares during the period. Finally, HUB Investment Partners LLC grew its stake in shares of Celestica by 11.0% in the 2nd quarter. HUB Investment Partners LLC now owns 3,181 shares of the technology company’s stock valued at $497,000 after purchasing an additional 315 shares during the period. 67.38% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. upped their price objective on Celestica from $410.00 to $425.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Bank of America upped their price objective on Celestica from $400.00 to $430.00 and gave the company a “buy” rating in a research note on Monday, April 20th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and issued a $480.00 price objective on shares of Celestica in a research note on Wednesday, April 29th. Stifel Nicolaus set a $445.00 price objective on Celestica in a research note on Tuesday, April 28th. Finally, Susquehanna upped their price objective on Celestica from $460.00 to $510.00 and gave the company a “positive” rating in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $427.42.

Celestica Stock Up 2.1%

Shares of CLS opened at $393.85 on Friday. The company has a market capitalization of $45.28 billion, a P/E ratio of 47.62, a PEG ratio of 0.90 and a beta of 2.02. 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 one year low of $124.72 and a one year high of $474.02. The business’s 50 day simple moving average is $375.19 and its 200-day simple moving average is $324.66.

Celestica (NYSE:CLS) (TSE:CLS) last announced its earnings results on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, topping the consensus estimate of $2.08 by $0.08. The business had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.97 billion. Celestica had a return on equity of 36.91% and a net margin of 6.95%.Celestica’s revenue was up 52.8% compared to the same quarter last year. During the same period in the previous 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, sell-side analysts predict that Celestica, Inc. will post 9.5 EPS for the current fiscal year.

Insider Activity at Celestica

In other news, Director Michael Max Wilson sold 4,168 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $333.31, for a total value of $1,389,236.08. Following the transaction, the director directly owned 24,718 shares of the company’s stock, valued at $8,238,756.58. The trade was a 14.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through 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 owned by 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.