Money Concepts Capital Corp Has $839,000 Position in Celestica, Inc. $CLS

Money Concepts Capital Corp raised its holdings in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 246.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,832 shares of the technology company’s stock after buying an additional 2,014 shares during the period. Money Concepts Capital Corp’s holdings in Celestica were worth $839,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of CLS. NewGen Equity Long Short Fund acquired a new position in shares of Celestica during the 2nd quarter worth about $14,050,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Celestica by 7,646.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,007 shares of the technology company’s stock worth $157,000 after purchasing an additional 994 shares during the last quarter. First Trust Advisors LP increased its stake in shares of Celestica by 30.0% during the 2nd quarter. First Trust Advisors LP now owns 78,061 shares of the technology company’s stock worth $12,197,000 after purchasing an additional 18,025 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of Celestica by 385.8% during the 2nd quarter. NewEdge Advisors LLC now owns 2,803 shares of the technology company’s stock worth $438,000 after purchasing an additional 2,226 shares during the last quarter. Finally, HUB Investment Partners LLC increased its stake in shares of Celestica by 11.0% during the 2nd quarter. HUB Investment Partners LLC now owns 3,181 shares of the technology company’s stock worth $497,000 after purchasing an additional 315 shares during the last quarter. 67.38% of the stock is currently owned by institutional investors and hedge funds.

Celestica Trading Down 0.5%

Shares of NYSE CLS opened at $372.31 on Thursday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.73 and a current ratio of 1.26. Celestica, Inc. has a 52-week low of $108.96 and a 52-week high of $435.00. The firm has a 50 day moving average price of $328.19 and a two-hundred day moving average price of $315.49. The stock has a market cap of $42.80 billion, a P/E ratio of 45.02, a price-to-earnings-growth ratio of 0.87 and a beta of 2.09.

Celestica (NYSE:CLS) (TSE:CLS) last announced its quarterly earnings results 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. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The firm had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.97 billion. During the same period in the prior year, the company posted $1.20 EPS. The company’s 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 year.

Analyst Ratings Changes

Several research analysts have recently weighed in on CLS shares. Royal Bank Of Canada boosted their price objective on shares of Celestica from $400.00 to $440.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. The Goldman Sachs Group reiterated a “buy” rating and issued a $475.00 price target on shares of Celestica in a research note on Tuesday, April 28th. Citigroup upped their price target on shares of Celestica from $338.00 to $415.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. BMO Capital Markets upped their price target on shares of Celestica from $370.00 to $450.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Finally, 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 research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $427.42.

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.