WD Rutherford LLC Buys New Position in Celestica, Inc. $CLS

WD Rutherford LLC bought a new stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,945 shares of the technology company’s stock, valued at approximately $575,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CLS. First Horizon Corp bought a new position in shares of Celestica during the third quarter valued at approximately $31,000. Atlantic Edge Private Wealth Management LLC bought a new position in shares of Celestica during the fourth quarter valued at approximately $38,000. Fifth Third Bancorp raised its holdings in shares of Celestica by 48.7% during the third quarter. Fifth Third Bancorp now owns 171 shares of the technology company’s stock valued at $42,000 after acquiring an additional 56 shares in the last quarter. LRI Investments LLC bought a new position in shares of Celestica during the third quarter valued at approximately $44,000. Finally, Pinney & Scofield Inc. raised its holdings in shares of Celestica by 20.0% during the third quarter. Pinney & Scofield Inc. now owns 180 shares of the technology company’s stock valued at $44,000 after acquiring an additional 30 shares in the last quarter. Institutional investors own 67.38% of the company’s stock.

Celestica Trading Down 0.0%

NYSE CLS opened at $358.50 on Monday. Celestica, Inc. has a 12 month low of $109.09 and a 12 month high of $435.00. The stock has a market cap of $41.22 billion, a P/E ratio of 43.35, a P/E/G ratio of 0.83 and a beta of 2.09. The stock’s fifty day moving average price is $332.46 and its 200-day moving average price is $316.48. The company has a current ratio of 1.26, a quick ratio of 0.73 and a debt-to-equity ratio of 0.36.

Celestica (NYSE:CLS) (TSE:CLS) last released its earnings results on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, topping analysts’ consensus estimates of $2.08 by $0.08. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The firm had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.97 billion. During the same period in the prior year, the firm posted $1.20 earnings per share. The company’s quarterly revenue was up 52.8% on a year-over-year basis. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. As a group, equities analysts forecast that Celestica, Inc. will post 9.5 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on CLS shares. Stifel Nicolaus set a $445.00 price objective on Celestica in a report on Tuesday, April 28th. Rothschild & Co Redburn started coverage on Celestica in a report on Friday, May 1st. They issued a “buy” rating and a $460.00 price objective for the company. BMO Capital Markets increased their price objective on Celestica from $370.00 to $450.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Susquehanna increased their price objective on Celestica from $460.00 to $510.00 and gave the stock a “positive” rating in a report on Wednesday, April 29th. Finally, TD Securities raised Celestica from a “hold” rating to a “buy” rating and set a $430.00 target price on the stock in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $427.42.

Celestica 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.