Guyasuta Investment Advisors Inc. Has $6.09 Million Stock Holdings in Celestica, Inc. $CLS

Guyasuta Investment Advisors Inc. trimmed its position in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 13.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 21,625 shares of the technology company’s stock after selling 3,265 shares during the quarter. Guyasuta Investment Advisors Inc.’s holdings in Celestica were worth $6,091,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of CLS. Spark Investment Management LLC lifted its position in shares of Celestica by 17.4% in the third quarter. Spark Investment Management LLC now owns 27,000 shares of the technology company’s stock valued at $6,643,000 after buying an additional 4,000 shares during the last quarter. Spire Wealth Management boosted its stake in shares of Celestica by 354.3% during the 4th quarter. Spire Wealth Management now owns 5,979 shares of the technology company’s stock worth $1,767,000 after acquiring an additional 4,663 shares during the period. William Blair Investment Management LLC acquired a new position in shares of Celestica during the 3rd quarter worth approximately $28,924,000. CIBC Asset Management Inc increased its holdings in shares of Celestica by 7.7% during the 4th quarter. CIBC Asset Management Inc now owns 436,922 shares of the technology company’s stock worth $129,499,000 after acquiring an additional 31,086 shares during the last quarter. Finally, Norges Bank bought a new stake in Celestica in the 4th quarter valued at $456,511,000. 67.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Robert Mionis sold 18,176 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $385.17, for a total transaction of $7,000,849.92. Following the transaction, the chief executive officer directly owned 60,384 shares of the company’s stock, valued at approximately $23,258,105.28. This trade represents a 23.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael Max Wilson sold 4,168 shares of Celestica 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 completion of 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 position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 161,168 shares of company stock valued at $63,190,485. 1.10% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages have issued reports on CLS. Bank of America raised their price target on Celestica from $400.00 to $430.00 and gave the company a “buy” rating in a report on Monday, April 20th. Stifel Nicolaus set a $445.00 price objective on shares of Celestica in a report on Tuesday, April 28th. Barclays increased their price objective on shares of Celestica from $391.00 to $441.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. The Goldman Sachs Group restated a “buy” rating and set a $475.00 target price on shares of Celestica in a research note on Tuesday, April 28th. Finally, Zacks Research downgraded shares of Celestica from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $427.42.

Celestica Stock Performance

NYSE:CLS opened at $351.84 on Wednesday. The stock has a 50 day simple moving average of $384.44 and a 200 day simple moving average of $327.29. The stock has a market cap of $40.45 billion, a P/E ratio of 42.54, a PEG ratio of 0.88 and a beta of 2.02. Celestica, Inc. has a 1-year low of $136.03 and a 1-year high of $474.02. 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 (NYSE:CLS) (TSE:CLS) last issued its quarterly earnings data on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, beating analysts’ consensus estimates of $2.08 by $0.08. The firm had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.97 billion. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The company’s revenue for the quarter was up 52.8% on a year-over-year basis. During the same period in the prior year, the firm posted $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. Research analysts anticipate that Celestica, Inc. will post 9.5 earnings per share for the current year.

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.