WCG Wealth Advisors LLC Acquires Shares of 14,203 Celestica, Inc. $CLS

WCG Wealth Advisors LLC purchased a new stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 14,203 shares of the technology company’s stock, valued at approximately $4,199,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. NewGen Equity Long Short Fund acquired a new position in Celestica in the 2nd quarter valued at approximately $14,050,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Celestica by 7,646.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,007 shares of the technology company’s stock worth $157,000 after acquiring an additional 994 shares in the last quarter. First Trust Advisors LP boosted its position in Celestica by 30.0% during the second quarter. First Trust Advisors LP now owns 78,061 shares of the technology company’s stock valued at $12,197,000 after purchasing an additional 18,025 shares during the last quarter. NewEdge Advisors LLC increased its position in Celestica by 385.8% in 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 grew its position in Celestica by 11.0% in the second quarter. HUB Investment Partners LLC now owns 3,181 shares of the technology company’s stock worth $497,000 after acquiring an additional 315 shares in the last quarter. Institutional investors and hedge funds own 67.38% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on CLS shares. BMO Capital Markets raised their target price on Celestica from $370.00 to $450.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Stifel Nicolaus set a $445.00 price objective on Celestica in a report on Tuesday, April 28th. Barclays raised their price objective on Celestica from $391.00 to $441.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. UBS Group upped their target price on Celestica from $355.00 to $400.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating and set 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 given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Celestica currently has an average rating of “Moderate Buy” and an average price target of $427.42.

Insider Buying and Selling at Celestica

In other news, Director Michael Max Wilson sold 4,168 shares of the stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $333.31, for a total transaction of $1,389,236.08. Following the sale, the director directly owned 24,718 shares of the company’s stock, valued at $8,238,756.58. This represents a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 1.10% of the company’s stock.

Celestica Stock Performance

NYSE:CLS opened at $424.66 on Friday. The firm’s 50-day moving average is $363.43 and its 200-day moving average is $321.40. The company has a market cap of $48.82 billion, a price-to-earnings ratio of 51.35, a PEG ratio of 1.07 and a beta of 2.02. 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 $117.28 and a 52-week high of $474.02.

Celestica (NYSE:CLS) (TSE:CLS) last released its earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share 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 business had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.97 billion. During the same quarter last year, the company earned $1.20 earnings per share. The firm’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. Equities research analysts anticipate that Celestica, Inc. will post 9.5 earnings per share for the current year.

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.