Lombard Odier Asset Management Switzerland SA Acquires Shares of 5,854 Celestica, Inc. $CLS

Lombard Odier Asset Management Switzerland SA bought a new position in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) during the first quarter, Holdings Channel.com reports. The firm bought 5,854 shares of the technology company’s stock, valued at approximately $1,651,000.

Several other hedge funds have also modified their holdings of CLS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Celestica in the 4th quarter valued at about $28,000. Swiss RE Ltd. bought a new position in Celestica during the fourth quarter worth about $29,000. Ascentis Independent Advisors bought a new stake in shares of Celestica in the first quarter worth about $29,000. Cullen Frost Bankers Inc. acquired a new stake in shares of Celestica during the fourth quarter worth about $30,000. Finally, Sittner & Nelson LLC bought a new position in shares of Celestica during the 4th quarter valued at about $31,000. 67.38% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, CFO Mandeep Chawla sold 17,000 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $399.65, for a total value of $6,794,050.00. Following the completion of the sale, the chief financial officer directly owned 82,444 shares of the company’s stock, valued at $32,948,744.60. This trade represents a 17.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Robert Mionis sold 66,056 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $400.06, for a total value of $26,426,363.36. Following the transaction, the chief executive officer directly owned 134,328 shares in the company, valued at $53,739,259.68. The trade was a 32.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 161,168 shares of company stock worth $63,190,485. Company insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Rothschild & Co Redburn started coverage on Celestica in a research note on Friday, May 1st. They set a “buy” rating and a $460.00 target price for the company. Bank of America upped their target price on shares of Celestica from $400.00 to $430.00 and gave the stock a “buy” rating in a research note on Monday, April 20th. TD increased their target price on Celestica from $330.00 to $350.00 and gave the stock a “hold” rating in a report on Monday, April 20th. JPMorgan Chase & Co. lifted their target price on Celestica from $410.00 to $425.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Finally, UBS Group boosted their price target on shares of Celestica from $355.00 to $400.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Celestica presently has an average rating of “Buy” and an average price target of $427.42.

Key Stories Impacting Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Q2 results exceeded expectations. Celestica reported $4.70 billion in revenue, up 62% year over year, while adjusted earnings reached $2.54 per share versus the $2.29 consensus estimate. Reported EPS was also above expectations, at $2.41, compared with the same $2.29 consensus. Celestica Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised its full-year outlook. Celestica now expects 2026 revenue of approximately $20.5 billion and EPS of $11.30, above analyst expectations of $19.2 billion and $10.13, respectively. The company also said growth is expected to accelerate in 2027. Celestica Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Third-quarter guidance also topped consensus. Celestica forecast EPS of $2.88–$3.08 and revenue of $5.3–$5.6 billion, compared with analyst estimates of $2.65 EPS and $5.0 billion in revenue. The outlook indicates momentum is continuing beyond the latest quarter. Celestica Q2 Earnings and Revenue Beat Estimates; Raises 2026 Outlook
• Positive Sentiment: Options activity reflected bullish interest. Investors purchased 13,556 call options, approximately 16% above the average daily call volume, although options activity is a positioning signal rather than a fundamental change.
• Neutral Sentiment: Celestica’s reported net margin was 6.95% and return on equity was 36.91%. The stock’s high beta and elevated valuation mean strong results may support the shares, but they also leave the stock sensitive to future guidance or execution disappointments.

Celestica Stock Performance

Shares of CLS stock opened at $321.06 on Tuesday. The company has a fifty day moving average price of $361.64 and a two-hundred day moving average price of $332.61. Celestica, Inc. has a one year low of $169.19 and a one year high of $474.02. The stock has a market cap of $36.91 billion, a P/E ratio of 38.82, a P/E/G ratio of 0.71 and a beta of 2.05. 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 (NYSE:CLS) (TSE:CLS) last released its quarterly earnings data on Monday, July 27th. The technology company reported $2.54 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.25. The company had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.30 billion. Celestica had a net margin of 6.95% and a return on equity of 36.91%. Celestica’s revenue for the quarter was up 62.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.39 EPS. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. As a group, equities analysts predict that Celestica, Inc. will post 9.57 EPS 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.