Plato Investment Management Ltd Decreases Stock Holdings in Celestica, Inc. $CLS

Plato Investment Management Ltd lowered its stake in shares of Celestica, Inc. (NYSE:CLSFree Report) (TSE:CLS) by 39.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,138 shares of the technology company’s stock after selling 5,908 shares during the period. Plato Investment Management Ltd’s holdings in Celestica were worth $2,720,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Allianz Asset Management GmbH lifted its holdings in shares of Celestica by 7.3% in the third quarter. Allianz Asset Management GmbH now owns 337,397 shares of the technology company’s stock valued at $83,044,000 after purchasing an additional 22,863 shares in the last quarter. Spark Investment Management LLC lifted its holdings in shares of Celestica by 17.4% in the third quarter. Spark Investment Management LLC now owns 27,000 shares of the technology company’s stock valued at $6,643,000 after purchasing an additional 4,000 shares in the last quarter. Spire Wealth Management lifted its holdings in shares of Celestica by 354.3% in the fourth quarter. Spire Wealth Management now owns 5,979 shares of the technology company’s stock valued at $1,767,000 after purchasing an additional 4,663 shares in the last quarter. William Blair Investment Management LLC purchased a new stake in shares of Celestica in the third quarter valued at about $28,924,000. Finally, SG Americas Securities LLC lifted its holdings in shares of Celestica by 144.5% in the third quarter. SG Americas Securities LLC now owns 15,940 shares of the technology company’s stock valued at $3,927,000 after purchasing an additional 9,420 shares in the last quarter. Hedge funds and other institutional investors own 67.38% of the company’s stock.

Celestica Stock Performance

Shares of CLS opened at $375.32 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.73 and a current ratio of 1.26. The company has a market capitalization of $43.15 billion, a price-to-earnings ratio of 45.38, a PEG ratio of 0.87 and a beta of 2.09. The company’s 50 day simple moving average is $320.48 and its 200 day simple moving average is $312.59. Celestica, Inc. has a 1 year low of $92.30 and a 1 year high of $435.00.

Celestica (NYSE:CLSGet Free Report) (TSE:CLS) last announced its quarterly earnings data on Monday, April 27th. The technology company reported $2.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.08 by $0.08. The business had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.97 billion. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The company’s quarterly revenue was up 52.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.20 earnings per share. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. On average, sell-side analysts predict that Celestica, Inc. will post 9.5 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. UBS Group upped their price target on shares of Celestica from $355.00 to $400.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Bank of America upped their price target on shares of Celestica from $400.00 to $430.00 and gave the company a “buy” rating in a report on Monday, April 20th. Stifel Nicolaus set a $445.00 price target on shares of Celestica in a report on Tuesday, April 28th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $475.00 price target on shares of Celestica in a report on Tuesday, April 28th. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and issued a $480.00 price target on shares of Celestica in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $427.42.

Check Out Our Latest Report on CLS

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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.

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Institutional Ownership by Quarter for Celestica (NYSE:CLS)

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