EP Wealth Advisors LLC Invests $5.18 Million in Celestica, Inc. $CLS

EP Wealth Advisors LLC bought a new position in Celestica, Inc. (NYSE:CLS) (TSE:CLS) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 14,188 shares of the technology company’s stock, valued at approximately $5,176,000.

Other large investors have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of Celestica by 5,806,149.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,657,937 shares of the technology company’s stock valued at $1,081,323,000 after acquiring an additional 3,657,874 shares in the last quarter. Viking Global Investors LP acquired a new stake in Celestica during the 3rd quarter valued at $424,459,000. Norges Bank purchased a new stake in shares of Celestica in the fourth quarter valued at $456,511,000. AQR Capital Management LLC purchased a new stake in shares of Celestica in the fourth quarter valued at $315,497,000. Finally, JPMorgan Chase & Co. boosted its position in shares of Celestica by 24.8% in the fourth quarter. JPMorgan Chase & Co. now owns 4,017,623 shares of the technology company’s stock worth $1,187,650,000 after buying an additional 798,782 shares during the period. Institutional investors and hedge funds own 67.38% of the company’s stock.

Analysts Set New Price Targets

CLS has been the topic of a number of research analyst reports. Rothschild & Co Redburn began coverage on Celestica in a report on Friday, May 1st. They set a “buy” rating and a $460.00 price target on the stock. Royal Bank Of Canada lifted their target price on Celestica from $440.00 to $450.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. TD Cowen upgraded Celestica from a “hold” rating to a “buy” rating and upped their target price for the company from $350.00 to $430.00 in a report on Wednesday, April 29th. Zacks Research upgraded shares of Celestica from a “hold” rating to a “strong-buy” rating in a report on Friday, June 26th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Celestica from $445.00 to $485.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $438.86.

Insider Activity at Celestica

In other Celestica news, CFO Mandeep Chawla sold 17,000 shares of Celestica stock in a transaction that occurred on Monday, June 15th. The shares were 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 in the company, valued at $32,948,744.60. The trade was a 17.10% 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, CEO Robert Mionis sold 98,453 shares of Celestica stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $368.99, for a total transaction of $36,328,172.47. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 356,553 shares of company stock worth $135,238,444. Insiders own 1.10% of the company’s stock.

Celestica Stock Performance

Shares of CLS stock opened at $296.03 on Friday. Celestica, Inc. has a fifty-two week low of $179.01 and a fifty-two week high of $474.02. The stock’s 50-day moving average is $341.15 and its two-hundred day moving average is $335.16. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.23 and a quick ratio of 0.68. The firm has a market cap of $34.04 billion, a P/E ratio of 30.77 and a beta of 2.06.

Celestica (NYSE:CLS) (TSE:CLS) last announced its quarterly earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.25. The business had revenue of $4.68 billion during the quarter, compared to analyst estimates of $4.30 billion. Celestica had a return on equity of 39.96% and a net margin of 7.16%.The firm’s revenue was up 62.4% on a year-over-year basis. During the same period in the previous year, the company 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. Analysts predict that Celestica, Inc. will post 10.15 earnings per share for the current fiscal year.

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.