Quantinno Capital Management LP Purchases 10,164 Shares of Celestica, Inc. $CLS

Quantinno Capital Management LP grew its position in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 73.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 23,954 shares of the technology company’s stock after purchasing an additional 10,164 shares during the quarter. Quantinno Capital Management LP’s holdings in Celestica were worth $6,746,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in CLS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Celestica in the fourth quarter valued at approximately $28,000. Swiss RE Ltd. acquired a new stake in Celestica during the 4th quarter worth approximately $29,000. Cullen Frost Bankers Inc. acquired a new stake in Celestica during the 4th quarter worth approximately $30,000. Sittner & Nelson LLC bought a new stake in Celestica during the 4th quarter worth approximately $31,000. Finally, Ascentis Independent Advisors bought a new stake in Celestica during the 1st quarter worth approximately $29,000. 67.38% of the stock is currently owned by institutional investors.

Celestica News Roundup

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Celestica plans to use the proceeds to accelerate growth across global AI infrastructure, positioning the company to expand capacity and serve continued demand from hyperscalers and other technology customers. Underwriters will also receive a 30-day option for additional shares. Celestica Announces $3 Billion Equity Offering
• Positive Sentiment: Recent operating results remain strong. Celestica reported quarterly EPS of $2.54 versus the $2.29 consensus estimate and revenue of $4.68 billion versus expectations of $4.30 billion. Revenue increased 62.4% year over year, while third-quarter 2026 EPS guidance was set at $2.88 to $3.08.
• Positive Sentiment: Technical and growth-focused commentary remains supportive. CLS recently moved above its 50-day moving average, suggesting improving short-term momentum, and analysts and research services continue to highlight the company’s earnings growth and AI exposure. Celestica Moves Above Its 50-Day Moving Average
• Neutral Sentiment: The equity raise could strengthen Celestica’s ability to capture AI infrastructure growth, but investors will need to weigh the expected expansion benefits against the size and terms of the dilution.
• Negative Sentiment: The $3 billion share issuance increases the company’s share count and may pressure per-share valuation metrics. Investors may also question whether substantial external capital is needed after the stock’s sharp multiyear advance.
• Negative Sentiment: Recent insider selling adds a secondary cautionary signal: the CEO sold approximately $3.51 million of shares and the CFO sold about $324,000. CLS also trades at an elevated valuation, making it vulnerable to disappointment over AI spending, execution or financing terms. Celestica Insider Selling

Analysts Set New Price Targets

Several equities analysts have recently issued reports on CLS shares. Stifel Nicolaus set a $500.00 price target on shares of Celestica in a research note on Tuesday, July 28th. Royal Bank Of Canada boosted their price objective on shares of Celestica from $440.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Bank of America restated a “buy” rating on shares of Celestica in a report on Wednesday, July 29th. Wolfe Research raised their target price on Celestica from $425.00 to $475.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Finally, Citigroup lifted their target price on Celestica from $338.00 to $415.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. One 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. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $437.00.

Celestica Stock Performance

Shares of CLS opened at $362.69 on Thursday. The company has a current ratio of 1.23, a quick ratio of 0.68 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $41.70 billion, a P/E ratio of 37.70 and a beta of 2.06. The firm’s fifty day simple moving average is $360.33 and its two-hundred day simple moving average is $334.55. Celestica, Inc. has a 12 month low of $173.23 and a 12 month high of $474.02.

Celestica (NYSE:CLS) (TSE:CLS) last issued its quarterly earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.25. Celestica had a return on equity of 39.96% and a net margin of 7.16%.The firm had revenue of $4.68 billion during the quarter, compared to the consensus estimate of $4.30 billion. During the same period last year, the business posted $1.39 EPS. The business’s revenue was up 62.4% compared to the same quarter last year. 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, analysts predict that Celestica, Inc. will post 9.97 EPS for the current year.

Insider Activity at Celestica

In other Celestica news, CEO Robert Mionis sold 9,543 shares of Celestica stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $367.49, for a total value of $3,506,957.07. Following the completion of the sale, the chief executive officer directly owned 50,841 shares in the company, valued at approximately $18,683,559.09. The trade was a 15.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Mandeep Chawla sold 883 shares of the business’s stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $366.52, for a total value of $323,637.16. Following the completion of the transaction, the chief financial officer directly owned 81,561 shares in the company, valued at approximately $29,893,737.72. This trade represents a 1.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 171,594 shares of company stock worth $67,021,079 in the last 90 days. Corporate insiders own 1.10% of the company’s stock.

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.