L & S Advisors Inc Decreases Stock Holdings in Celestica, Inc. $CLS

L & S Advisors Inc lowered its stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 26.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,162 shares of the technology company’s stock after selling 3,695 shares during the period. L & S Advisors Inc’s holdings in Celestica were worth $3,004,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. First Horizon Corp purchased a new stake in Celestica during the third quarter worth about $31,000. Atlantic Edge Private Wealth Management LLC acquired a new position in Celestica during the fourth quarter worth about $38,000. Fifth Third Bancorp raised its position in Celestica by 48.7% during the third quarter. Fifth Third Bancorp now owns 171 shares of the technology company’s stock worth $42,000 after acquiring an additional 56 shares during the last quarter. Bartlett & CO. Wealth Management LLC acquired a new position in Celestica during the fourth quarter worth about $52,000. Finally, LRI Investments LLC acquired a new position in Celestica during the third quarter worth about $44,000. Hedge funds and other institutional investors own 67.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on CLS. UBS Group lifted their target price on shares of Celestica from $355.00 to $400.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Wall Street Zen upgraded shares of Celestica from a “hold” rating to a “buy” rating in a research report on Friday, January 23rd. TD lifted their target price on shares of Celestica from $330.00 to $350.00 and gave the stock a “hold” rating in a research report on Monday, April 20th. TD Securities upgraded shares of Celestica from a “hold” rating to a “buy” rating and set a $430.00 target price for the company in a research report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Celestica from $410.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Celestica has an average rating of “Moderate Buy” and an average price target of $427.42.

Celestica Price Performance

Celestica stock opened at $358.50 on Friday. Celestica, Inc. has a 1 year low of $109.09 and a 1 year high of $435.00. The firm has a 50 day moving average price of $332.46 and a 200 day moving average price of $316.39. The company has a market cap of $41.22 billion, a price-to-earnings ratio of 43.35, a PEG ratio of 0.83 and a beta of 2.09. 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 (NYSE:CLS) (TSE:CLS) last released its earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $3.97 billion. During the same period in the previous year, the firm earned $1.20 earnings per share. Celestica’s revenue was up 52.8% compared to the same quarter last year. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. Sell-side analysts predict that Celestica, Inc. will post 9.5 earnings per share for the current year.

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.