Assetmark Inc. Raises Stake in Celestica, Inc. $CLS

Assetmark Inc. boosted its stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 13.7% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 17,607 shares of the technology company’s stock after purchasing an additional 2,124 shares during the period. Assetmark Inc.’s holdings in Celestica were worth $4,338,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. MassMutual Private Wealth & Trust FSB boosted its stake in Celestica by 42.5% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 124 shares of the technology company’s stock valued at $31,000 after acquiring an additional 37 shares during the last quarter. World Equity Group Inc. raised its holdings in shares of Celestica by 1.7% in the 3rd quarter. World Equity Group Inc. now owns 2,263 shares of the technology company’s stock worth $558,000 after purchasing an additional 38 shares during the period. Pure Financial Advisors LLC lifted its stake in Celestica by 3.2% in the third quarter. Pure Financial Advisors LLC now owns 1,617 shares of the technology company’s stock valued at $398,000 after purchasing an additional 50 shares during the last quarter. McIlrath & Eck LLC lifted its stake in Celestica by 43.3% in the third quarter. McIlrath & Eck LLC now owns 182 shares of the technology company’s stock valued at $45,000 after purchasing an additional 55 shares during the last quarter. Finally, Rothschild Investment LLC grew its holdings in Celestica by 20.0% during the second quarter. Rothschild Investment LLC now owns 390 shares of the technology company’s stock valued at $61,000 after purchasing an additional 65 shares during the period. Institutional investors own 67.38% of the company’s stock.

Insider Activity

In other Celestica news, President Todd C. Cooper sold 89,484 shares of the firm’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $287.45, for a total value of $25,722,175.80. Following the completion of the transaction, the president directly owned 108,970 shares of the company’s stock, valued at $31,323,426.50. This trade represents a 45.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Yann L. Etienvre sold 86,229 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $287.45, for a total transaction of $24,786,526.05. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 297,923 shares of company stock worth $88,027,459. 0.52% of the stock is owned by company insiders.

Key Stories Impacting Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Company raised its 2026 outlook, citing stronger AI data-center demand but noting execution risks; this directly supports revenue/earnings upgrades and helps explain the stock rise. Celestica Lifts 2026 Outlook On AI Data Center Demand And Risks
• Positive Sentiment: Barclays raised its price target to $391 and reiterated an Overweight rating, signaling strong sell-side confidence and adding upward pressure to the stock. Barclays Raises Celestica Inc. (CLS) Price Target to $391, Reiterates Overweight
• Positive Sentiment: Coverage and headlines (e.g., The Street) are highlighting bullish catalysts—hyperscaler AI deals and margin upside—bringing more investor attention and demand for the stock. The street is bullish on Celestica Inc. (CLS), here’s why
• Positive Sentiment: Macro pieces point to Canada’s AI data-center buildout as a broader tailwind for local suppliers like Celestica, supporting medium-term demand visibility. Why AI Data Centres Could Be Canada’s Next Big Investment Opportunity
• Positive Sentiment: Analysts note rising defense spending as an additional growth vector—Celestica supplies rugged mission-critical electronics, which can diversify revenue and improve margins. Can Rising Defense Demand Boost Celestica’s Future Growth Prospects?
• Positive Sentiment: Consensus analyst ratings sit around “Moderate Buy,” reinforcing institutional backing and likely supporting flow into the shares. Celestica, Inc. (NYSE:CLS) Given Consensus Rating of “Moderate Buy” by Analysts
• Neutral Sentiment: Comparisons with peers (Jabil) highlight intensified competition for hyperscaler deals; good for industry spotlight but implies execution risk and margin pressure depending on wins. CLS vs. JBL: Which EMS Stock is a Better Buy Right Now?
• Neutral Sentiment: General investor-interest pieces note increased attention to CLS, which can amplify volatility as flows chase news. Celestica, Inc. (CLS) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: Pomerantz law firm announced an investigation into Celestica investor claims—this introduces legal risk and potential headline-driven volatility; monitor for specifics. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Celestica Inc. – CLS

Celestica Stock Up 2.1%

Shares of NYSE CLS opened at $286.67 on Wednesday. The company has a quick ratio of 0.88, a current ratio of 1.47 and a debt-to-equity ratio of 0.37. The company has a market cap of $32.98 billion, a P/E ratio of 39.93 and a beta of 1.86. Celestica, Inc. has a 52 week low of $58.05 and a 52 week high of $363.40. The business has a 50-day simple moving average of $302.64 and a two-hundred day simple moving average of $277.78.

Analyst Upgrades and Downgrades

Several analysts have issued reports on CLS shares. Zacks Research upgraded Celestica from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 5th. TD Cowen reissued a “hold” rating on shares of Celestica in a report on Friday, January 30th. Royal Bank Of Canada restated an “outperform” rating and issued a $400.00 price objective on shares of Celestica in a research note on Thursday, January 22nd. Canadian Imperial Bank of Commerce increased their target price on shares of Celestica from $315.00 to $400.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 29th. Finally, UBS Group boosted their price target on shares of Celestica from $208.00 to $350.00 and gave the company a “neutral” rating in a research report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $356.59.

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.