PensionDanmark Pensionsforsikringsaktieselskab Buys 2,006 Shares of Celestica, Inc. $CLS

PensionDanmark Pensionsforsikringsaktieselskab lifted its stake in Celestica, Inc. (NYSE:CLSFree Report) (TSE:CLS) by 24.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,326 shares of the technology company’s stock after purchasing an additional 2,006 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Celestica were worth $3,765,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of CLS. Legacy Wealth Managment LLC ID boosted its position in Celestica by 14.4% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 223 shares of the technology company’s stock valued at $63,000 after buying an additional 28 shares during the last quarter. Capital Planning LLC raised its position in shares of Celestica by 3.2% during the first quarter. Capital Planning LLC now owns 1,025 shares of the technology company’s stock worth $289,000 after acquiring an additional 32 shares during the last quarter. PCB Capital LLC lifted its stake in shares of Celestica by 3.5% during the first quarter. PCB Capital LLC now owns 995 shares of the technology company’s stock valued at $280,000 after acquiring an additional 34 shares during the period. Oxinas Partners LLC lifted its stake in shares of Celestica by 1.4% during the fourth quarter. Oxinas Partners LLC now owns 2,958 shares of the technology company’s stock valued at $874,000 after acquiring an additional 40 shares during the period. Finally, Avantax Planning Partners Inc. boosted its holdings in Celestica by 2.7% in the fourth quarter. Avantax Planning Partners Inc. now owns 1,528 shares of the technology company’s stock valued at $452,000 after acquiring an additional 40 shares during the last quarter. Institutional investors own 67.38% of the company’s stock.

Celestica Trading Up 0.0%

NYSE:CLS opened at $317.89 on Monday. The company has a current ratio of 1.23, a quick ratio of 0.68 and a debt-to-equity ratio of 0.32. Celestica, Inc. has a 1-year low of $173.23 and a 1-year high of $474.02. The firm has a market capitalization of $36.55 billion, a price-to-earnings ratio of 33.05 and a beta of 2.06. The business’s 50-day moving average price is $358.25 and its two-hundred day moving average price is $334.59.

Celestica (NYSE:CLSGet Free Report) (TSE:CLS) last posted its earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.29 by $0.25. The company 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 company’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 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. On average, equities analysts expect that Celestica, Inc. will post 9.97 earnings per share for the current year.

Analyst Ratings Changes

CLS has been the subject of a number of research reports. Royal Bank Of Canada lifted their price objective on Celestica from $440.00 to $450.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Citigroup upped their target price on shares of Celestica from $338.00 to $415.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Zacks Research raised shares of Celestica from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 26th. Bank of America reiterated a “buy” rating on shares of Celestica in a research report on Wednesday, July 29th. Finally, Canadian Imperial Bank of Commerce increased their price objective on shares of Celestica from $480.00 to $500.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $435.80.

Check Out Our Latest Stock Analysis on Celestica

More Celestica News

Here are the key news stories impacting Celestica this week:

  • Positive Sentiment: Celestica completed its equity offering, selling 11.13 million common shares after the underwriters fully exercised their option. The raise is intended to fund capacity expansion and investments supporting multi-year demand for data-center and networking products tied to artificial intelligence. Celestica Completes Equity Offering
  • Positive Sentiment: Recent analysis remains constructive on Celestica’s underlying business, citing accelerating AI networking-switch revenue, gross-margin expansion and approximately $1 billion in planned capital spending. The investments could improve the company’s ability to serve hyperscale customers and sustain elevated growth. Celestica Just Unloaded Bad News – Buy It
  • Positive Sentiment: Jim Cramer reaffirmed a bullish view after a caller highlighted that 18 of 19 Wall Street analysts rate CLS Buy or Strong Buy. Cramer also pointed to the stock’s roughly 20%–25% pullback from its 52-week high as a reason the valuation may be more attractive. Jim Cramer Reaffirms Buy Stance
  • Neutral Sentiment: The offering priced 9.68 million shares at $310 each, with the underwriters’ option increasing total shares sold to 11.13 million. The capital strengthens Celestica’s balance sheet, but investors will need to see sufficient returns from expansion spending to offset the larger share base. Celestica Announces Pricing of Equity Offering
  • Negative Sentiment: CLS shares slid after the company announced the approximately $3 billion offering at a discount to the prevailing market price. The issuance is expected to dilute existing shareholders by roughly 8.4%–10% and could create near-term EPS headwinds. Celestica Shares Slide After Equity Offering
  • Negative Sentiment: Insider selling added another cautionary signal: CEO Robert Mionis sold more than 149,000 shares across two transactions, while CFO Mandeep Chawla sold 16,117 shares. The sales substantially reduced their direct holdings, although insider transactions do not necessarily indicate a change in business outlook. Celestica Insider Trading

Insider Activity at Celestica

In other Celestica news, Director Michael Max Wilson sold 4,168 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $333.31, for a total value of $1,389,236.08. Following the completion of the sale, the director owned 24,718 shares of the company’s stock, valued at approximately $8,238,756.58. This represents a 14.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Mandeep Chawla sold 17,000 shares of Celestica stock in a transaction dated 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 transaction, the chief financial officer owned 82,444 shares in the company, valued at approximately $32,948,744.60. This represents a 17.10% 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 337,225 shares of company stock worth $128,112,965. 1.10% of the stock is currently owned by company insiders.

Celestica Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Celestica (NYSE:CLS)

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