Celestica, Inc. $CLS Stock Position Cut by Spark Investment Management LLC

Spark Investment Management LLC cut its holdings in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 66.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,000 shares of the technology company’s stock after selling 18,000 shares during the quarter. Celestica makes up approximately 6.6% of Spark Investment Management LLC’s holdings, making the stock its 4th largest holding. Spark Investment Management LLC’s holdings in Celestica were worth $2,662,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Cullen Frost Bankers Inc. purchased a new stake in Celestica during the 4th quarter worth approximately $30,000. Sittner & Nelson LLC purchased a new stake in Celestica during the 4th quarter worth approximately $31,000. Atlantic Edge Private Wealth Management LLC purchased a new stake in Celestica during the 4th quarter worth approximately $38,000. Northwestern Mutual Wealth Management Co. increased its holdings in 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 purchasing an additional 74 shares during the last quarter. Finally, Park Square Financial Group LLC increased its holdings in Celestica by 36.3% during the 4th quarter. Park Square Financial Group LLC now owns 154 shares of the technology company’s stock worth $46,000 after purchasing an additional 41 shares during the last quarter. 67.38% of the stock is currently owned by hedge funds and other institutional investors.

Celestica Price Performance

Shares of CLS opened at $371.64 on Monday. The company has a market cap of $42.73 billion, a P/E ratio of 44.94, a PEG ratio of 0.86 and a beta of 2.02. The stock has a fifty day moving average price of $364.82 and a 200 day moving average price of $321.84. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 0.73. Celestica, Inc. has a 12 month low of $117.28 and a 12 month high of $474.02.

Celestica (NYSE:CLS) (TSE:CLS) last issued its quarterly earnings data on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, topping analysts’ consensus estimates of $2.08 by $0.08. Celestica had a return on equity of 36.91% and a net margin of 6.95%.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 prior year, the business earned $1.20 EPS. 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. On average, research analysts forecast that Celestica, Inc. will post 9.5 earnings per share for the current year.

Insider Transactions at Celestica

In other Celestica news, Director Michael Max Wilson sold 4,168 shares of the business’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $333.31, for a total transaction of $1,389,236.08. Following the completion of the transaction, the director owned 24,718 shares in the company, valued at approximately $8,238,756.58. The trade was a 14.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 1.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on CLS. Royal Bank Of Canada boosted their price target on Celestica from $400.00 to $440.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Citigroup boosted their price target on Celestica from $338.00 to $415.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. BMO Capital Markets boosted their price target on Celestica from $370.00 to $450.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Zacks Research downgraded Celestica from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Finally, TD boosted their price target on Celestica from $330.00 to $350.00 and gave the company a “hold” rating in a report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target 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.