Vise Technologies Inc. Sells 3,663 Shares of Celestica, Inc. $CLS

Vise Technologies Inc. decreased its stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 6.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 53,970 shares of the technology company’s stock after selling 3,663 shares during the period. Vise Technologies Inc.’s holdings in Celestica were worth $15,954,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of CLS. Cullen Frost Bankers Inc. bought a new stake in shares of Celestica during the 4th quarter worth about $30,000. Sittner & Nelson LLC bought a new stake in shares of Celestica during the 4th quarter worth about $31,000. Atlantic Edge Private Wealth Management LLC bought a new stake in shares of Celestica during the 4th quarter worth about $38,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Celestica by 117.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 137 shares of the technology company’s stock worth $40,000 after buying an additional 74 shares during the period. Finally, Fifth Third Bancorp boosted its holdings in shares of Celestica by 48.7% during the 3rd quarter. Fifth Third Bancorp now owns 171 shares of the technology company’s stock worth $42,000 after buying an additional 56 shares during the period. Institutional investors own 67.38% of the company’s stock.

Celestica Price Performance

Shares of NYSE:CLS opened at $424.66 on Friday. Celestica, Inc. has a 12 month low of $117.28 and a 12 month high of $474.02. The company has a current ratio of 1.26, a quick ratio of 0.73 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $48.82 billion, a PE ratio of 51.35, a PEG ratio of 1.07 and a beta of 2.02. The firm has a 50 day moving average of $363.43 and a 200-day moving average of $321.40.

Celestica (NYSE:CLS) (TSE:CLS) last posted its earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share for the quarter, topping 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 for the quarter, compared to analyst estimates of $3.97 billion. During the same period in the previous year, the firm posted $1.20 EPS. The company’s revenue for the quarter 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. On average, equities research analysts predict that Celestica, Inc. will post 9.5 EPS for the current fiscal year.

Insider Activity

In related news, Director Michael Max Wilson sold 4,168 shares of the business’s stock in a transaction 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 transaction, the director owned 24,718 shares in the company, valued at $8,238,756.58. The trade was a 14.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.10% of the stock is owned by insiders.

Analysts Set New Price Targets

Several brokerages have weighed in on CLS. The Goldman Sachs Group reiterated a “buy” rating and issued a $475.00 price objective on shares of Celestica in a research note on Tuesday, April 28th. Citigroup lifted their price objective on shares of Celestica from $338.00 to $415.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. TD Cowen upgraded shares of Celestica from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $350.00 to $430.00 in a research note on Wednesday, April 29th. Zacks Research cut shares of Celestica from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Finally, Susquehanna lifted their price objective on shares of Celestica from $460.00 to $510.00 and gave the stock a “positive” rating 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 given a Hold rating to the stock. According to data from MarketBeat.com, Celestica currently has an average rating of “Moderate Buy” and an average price target of $427.42.

About Celestica

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.