Janney Montgomery Scott LLC Purchases 3,441 Shares of Celestica, Inc. $CLS

Janney Montgomery Scott LLC increased its position in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 8.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 46,368 shares of the technology company’s stock after purchasing an additional 3,441 shares during the period. Janney Montgomery Scott LLC’s holdings in Celestica were worth $13,061,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in CLS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Celestica during the 4th quarter valued at $28,000. Swiss RE Ltd. bought a new position in shares of Celestica in the 4th quarter worth about $29,000. Cullen Frost Bankers Inc. purchased a new position in Celestica during the 4th quarter valued at about $30,000. Sittner & Nelson LLC bought a new stake in Celestica during the fourth quarter worth about $31,000. Finally, Atlantic Edge Private Wealth Management LLC bought a new stake in Celestica during the fourth quarter worth about $38,000. Hedge funds and other institutional investors own 67.38% of the company’s stock.

Celestica Stock Down 0.8%

NYSE:CLS opened at $361.99 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. The firm has a market cap of $41.62 billion, a P/E ratio of 43.77, a P/E/G ratio of 0.85 and a beta of 2.05. Celestica, Inc. has a fifty-two week low of $147.00 and a fifty-two week high of $474.02. The firm has a 50-day simple moving average of $380.88 and a two-hundred day simple moving average of $328.01.

Celestica (NYSE:CLS) (TSE:CLS) last issued its earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $3.97 billion. During the same quarter in the prior year, the firm posted $1.20 earnings per share. The business’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. Analysts predict that Celestica, Inc. will post 9.5 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Celestica news, Director Michael Max Wilson sold 4,168 shares of Celestica stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $333.31, for a total value of $1,389,236.08. Following the completion of the sale, the director owned 24,718 shares of the company’s stock, valued at approximately $8,238,756.58. This trade represents a 14.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Robert Mionis sold 66,056 shares of Celestica stock in a transaction on Monday, June 15th. The stock was sold at an average price of $400.06, for a total value of $26,426,363.36. Following the completion of the sale, the chief executive officer directly owned 134,328 shares of the company’s stock, valued at approximately $53,739,259.68. The trade was a 32.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 161,168 shares of company stock worth $63,190,485 in the last three months. Insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on CLS shares. BMO Capital Markets raised their target price 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. Barclays boosted their price target on Celestica from $391.00 to $441.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Rothschild & Co Redburn started coverage on Celestica in a research note on Friday, May 1st. They issued a “buy” rating and a $460.00 price target on the stock. UBS Group raised their price objective on Celestica from $355.00 to $400.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Finally, Citigroup lifted their price objective on Celestica from $338.00 to $415.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Celestica currently has an average rating of “Buy” and a consensus target price of $427.42.

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.