Stephens Inc. AR Acquires Shares of 23,781 Celestica, Inc. $CLS

Stephens Inc. AR acquired a new stake in Celestica, Inc. (NYSE:CLSFree Report) (TSE:CLS) during the second quarter, according to its most recent filing with the SEC. The firm acquired 23,781 shares of the technology company’s stock, valued at approximately $3,712,000.

Other hedge funds have also recently bought and sold shares of the company. ORG Partners LLC bought a new position in Celestica in the 1st quarter valued at $29,000. ST Germain D J Co. Inc. bought a new position in shares of Celestica in the 2nd quarter worth $37,000. Farther Finance Advisors LLC boosted its position in shares of Celestica by 1,516.7% in the 1st quarter. Farther Finance Advisors LLC now owns 679 shares of the technology company’s stock worth $54,000 after purchasing an additional 637 shares during the last quarter. Wolff Wiese Magana LLC boosted its position in shares of Celestica by 45.6% in the 2nd quarter. Wolff Wiese Magana LLC now owns 364 shares of the technology company’s stock worth $57,000 after purchasing an additional 114 shares during the last quarter. Finally, Flaharty Asset Management LLC bought a new position in shares of Celestica in the 1st quarter worth $63,000. 67.38% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently issued reports on CLS shares. Canaccord Genuity Group raised their price target on Celestica from $126.00 to $240.00 and gave the stock a “buy” rating in a research report on Wednesday, July 30th. JPMorgan Chase & Co. raised their price target on Celestica from $225.00 to $295.00 and gave the stock an “overweight” rating in a research report on Monday, September 8th. Wall Street Zen upgraded Celestica from a “hold” rating to a “buy” rating in a research report on Saturday, October 4th. Weiss Ratings restated a “buy (b)” rating on shares of Celestica in a research report on Wednesday, October 8th. Finally, UBS Group restated a “neutral” rating and issued a $208.00 price target (up from $101.00) on shares of Celestica in a research report on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $242.93.

Read Our Latest Stock Analysis on Celestica

Celestica Stock Performance

Shares of Celestica stock opened at $264.80 on Wednesday. The company has a market capitalization of $30.46 billion, a PE ratio of 57.32 and a beta of 1.88. Celestica, Inc. has a 12 month low of $55.30 and a 12 month high of $296.85. The company has a current ratio of 1.44, a quick ratio of 0.86 and a debt-to-equity ratio of 0.48. The stock’s fifty day simple moving average is $233.31 and its 200 day simple moving average is $165.91.

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

Celestica Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Celestica (NYSE:CLS)

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