Broad Peak Investment Advisers Pte Ltd Buys 44,142 Shares of Celestica, Inc. $CLS

Broad Peak Investment Advisers Pte Ltd grew its stake in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 15.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 322,142 shares of the technology company’s stock after purchasing an additional 44,142 shares during the quarter. Celestica makes up 15.7% of Broad Peak Investment Advisers Pte Ltd’s holdings, making the stock its biggest position. Broad Peak Investment Advisers Pte Ltd’s holdings in Celestica were worth $50,290,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Freedom Investment Management Inc. lifted its stake in shares of Celestica by 1.5% in the first quarter. Freedom Investment Management Inc. now owns 6,360 shares of the technology company’s stock worth $501,000 after buying an additional 96 shares in the last quarter. Wolff Wiese Magana LLC lifted its stake in shares of Celestica by 45.6% in the second quarter. Wolff Wiese Magana LLC now owns 364 shares of the technology company’s stock worth $57,000 after buying an additional 114 shares in the last quarter. First National Bank of Hutchinson lifted its stake in shares of Celestica by 2.5% in the first quarter. First National Bank of Hutchinson now owns 4,914 shares of the technology company’s stock worth $387,000 after buying an additional 120 shares in the last quarter. Private Trust Co. NA lifted its stake in shares of Celestica by 14.1% in the first quarter. Private Trust Co. NA now owns 993 shares of the technology company’s stock worth $78,000 after buying an additional 123 shares in the last quarter. Finally, Bay Rivers Group lifted its stake in shares of Celestica by 0.7% in the second quarter. Bay Rivers Group now owns 19,636 shares of the technology company’s stock worth $3,065,000 after buying an additional 142 shares in the last quarter. Institutional investors and hedge funds own 67.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on CLS shares. JPMorgan Chase & Co. raised their price target on shares of Celestica from $225.00 to $295.00 and gave the stock an “overweight” rating in a research note on Monday, September 8th. Weiss Ratings reissued a “buy (b)” rating on shares of Celestica in a research note on Wednesday, October 8th. TD Cowen reissued a “hold” rating and issued a $238.00 price target on shares of Celestica in a research note on Friday, October 3rd. Canaccord Genuity Group raised their price target on shares of Celestica from $126.00 to $240.00 and gave the stock a “buy” rating in a research note on Wednesday, July 30th. Finally, Barclays raised their price target on shares of Celestica from $146.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $207.38.

Celestica Price Performance

Shares of CLS stock opened at $260.84 on Tuesday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.44 and a quick ratio of 0.86. The firm’s 50-day moving average is $225.48 and its two-hundred day moving average is $158.41. Celestica, Inc. has a 12 month low of $55.30 and a 12 month high of $270.15. The company has a market capitalization of $30.00 billion, a PE ratio of 56.46 and a beta of 1.88.

Celestica (NYSE:CLS) (TSE:CLS) last issued its earnings results on Monday, July 28th. The technology company reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.16. Celestica had a net margin of 5.11% and a return on equity of 28.23%. The company had revenue of $2.89 billion for the quarter, compared to the consensus estimate of $2.65 billion. During the same period in the previous year, the firm earned $0.91 earnings per share. Celestica’s quarterly revenue was up 21.0% compared to the same quarter last year. Celestica has set its Q3 2025 guidance at 1.370-1.530 EPS. FY 2025 guidance at 5.500-5.500 EPS. Analysts predict that Celestica, Inc. will post 4.35 earnings per share for the current year.

Celestica Company Profile

Celestica Inc provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.