Celsius Holdings Inc. $CELH Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. boosted its stake in Celsius Holdings Inc. (NASDAQ:CELH) by 4,912.8% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 145,822 shares of the company’s stock after acquiring an additional 142,913 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Celsius were worth $4,270,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of CELH. Geode Capital Management LLC boosted its stake in Celsius by 8.4% during the fourth quarter. Geode Capital Management LLC now owns 3,565,409 shares of the company’s stock worth $163,112,000 after buying an additional 277,424 shares during the period. Norges Bank purchased a new stake in shares of Celsius in the 4th quarter valued at approximately $140,803,000. Ameriprise Financial Inc. lifted its holdings in shares of Celsius by 20.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,470,088 shares of the company’s stock worth $114,587,000 after acquiring an additional 426,623 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Celsius by 13.0% in the 3rd quarter. Invesco Ltd. now owns 1,801,922 shares of the company’s stock worth $103,592,000 after acquiring an additional 207,824 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its position in shares of Celsius by 0.9% during the 4th quarter. BNP Paribas Financial Markets now owns 1,728,735 shares of the company’s stock worth $79,072,000 after purchasing an additional 15,565 shares during the period. Institutional investors and hedge funds own 60.95% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. UBS Group set a $44.00 target price on Celsius and gave the company a “buy” rating in a research report on Friday, August 7th. Citigroup dropped their price objective on Celsius from $50.00 to $40.00 and set a “buy” rating for the company in a research note on Friday, August 7th. Stifel Nicolaus set a $37.00 price objective on Celsius in a report on Friday, August 7th. Deutsche Bank Aktiengesellschaft lowered Celsius from a “buy” rating to a “hold” rating and set a $35.00 target price on the stock. in a research note on Thursday, August 27th. Finally, BNP Paribas Exane reiterated an “outperform” rating and set a $57.00 price target (down from $70.00) on shares of Celsius in a research note on Tuesday, May 26th. Sixteen investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $44.94.

Celsius Price Performance

CELH stock opened at $31.61 on Friday. The business’s 50-day moving average is $30.25 and its two-hundred day moving average is $33.83. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.80 and a quick ratio of 1.42. The firm has a market capitalization of $8.00 billion, a P/E ratio of 131.71, a P/E/G ratio of 2.14 and a beta of 0.93. Celsius Holdings Inc. has a 1 year low of $23.56 and a 1 year high of $66.74.

Celsius (NASDAQ:CELH) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.05). Celsius had a return on equity of 36.52% and a net margin of 4.24%.The company had revenue of $817.93 million for the quarter, compared to analyst estimates of $870.08 million. During the same period in the prior year, the firm posted $0.47 earnings per share. The business’s quarterly revenue was up 10.6% compared to the same quarter last year. Analysts anticipate that Celsius Holdings Inc. will post 1.47 earnings per share for the current fiscal year.

Celsius Profile

Celsius Holdings, Inc is an American beverage company known for its line of fitness and energy drinks formulated to support active lifestyles. The company’s flagship product, the Celsius® brand, features beverages enhanced with ingredients such as green tea extract, guarana seed extract and essential vitamins, positioned as a functional alternative to traditional energy drinks. These products are designed to deliver a blend of ingredients that support metabolism and sustained energy without high sugar content or artificial preservatives.

In addition to its core carbonated drink portfolio, Celsius has expanded its offerings to include powder mixes and non-carbonated ready-to-drink variants, catering to consumer preferences around taste, convenience and nutritional needs.