Gateway Wealth Partners LLC boosted its stake in Celestica, Inc. (NYSE:CLS – Free Report) (TSE:CLS) by 371.8% in the first quarter, Holdings Channel reports. The fund owned 3,600 shares of the technology company’s stock after buying an additional 2,837 shares during the quarter. Gateway Wealth Partners LLC’s holdings in Celestica were worth $1,014,000 as of its most recent SEC filing.
Several other large investors also recently bought and sold shares of CLS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Celestica during the fourth quarter valued at approximately $28,000. Swiss RE Ltd. purchased a new position in shares of Celestica in the fourth quarter valued at $29,000. Cullen Frost Bankers Inc. acquired a new stake in Celestica during the 4th quarter valued at $30,000. Sittner & Nelson LLC acquired a new stake in Celestica during the 4th quarter valued at $31,000. Finally, Ascentis Independent Advisors acquired a new stake in Celestica during the 1st quarter valued at $29,000. Institutional investors and hedge funds own 67.38% of the company’s stock.
Key Celestica News
Here are the key news stories impacting Celestica this week:
- Positive Sentiment: Strong Q2 earnings beat: Celestica reported approximately $4.7 billion in revenue, up 62% year over year, and adjusted EPS of $2.54, exceeding expectations of $2.29. The results were driven by robust demand in cloud connectivity, networking, storage and AI infrastructure. CLS Q2 Earnings Beat Estimates on Strong CCS Demand, Outlook Raised
- Positive Sentiment: Guidance and long-term growth improved: Management raised its 2026 outlook and indicated that growth could accelerate further in 2027 as hyperscaler customers ramp production. The Connectivity & Cloud Solutions segment grew 84% year over year, supporting expectations for sustained AI-related demand and potential margin expansion. CLS Shows How AI Networking is Reshaping Electronics Manufacturing
- Positive Sentiment: Analysts raised targets: RBC increased its target to $450 and maintained an “outperform” rating, while JPMorgan raised its target to $485 and assigned an “overweight” rating. These targets imply substantial upside and reinforce bullish sentiment toward Celestica’s AI infrastructure exposure.
- Neutral Sentiment: Wall Street remains bullish, but recommendations have limitations: Consensus ratings favor buying CLS, although analyst ratings can be overly optimistic and do not eliminate execution or cyclical-demand risks. Is It Worth Investing in Celestica Based on Wall Street’s Bullish Views?
- Negative Sentiment: Valuation and momentum risks are weighing on the stock: After a substantial rally tied to AI infrastructure, CLS trades at a relatively rich earnings multiple. Investors may be locking in gains and questioning whether continued earnings growth can justify the valuation, particularly with the shares remaining highly volatile and well below their 52-week high.
Insider Buying and Selling
Analyst Upgrades and Downgrades
A number of equities analysts have commented on CLS shares. Royal Bank Of Canada boosted their price objective on shares of Celestica from $440.00 to $450.00 and gave the stock an “outperform” rating in a report on Wednesday. TD Securities upgraded Celestica from a “hold” rating to a “buy” rating and set a $430.00 target price for the company in a research note on Wednesday, April 29th. Citigroup boosted their price target on Celestica from $338.00 to $415.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Barclays reduced their price target on Celestica from $441.00 to $430.00 and set an “overweight” rating for the company in a report on Wednesday. Finally, Bank of America restated a “buy” rating on shares of Celestica in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Celestica presently has an average rating of “Moderate Buy” and a consensus target price of $437.00.
Get Our Latest Analysis on Celestica
Celestica Trading Down 6.6%
NYSE CLS opened at $327.16 on Thursday. The company has a market capitalization of $37.61 billion, a price-to-earnings ratio of 34.01, a price-to-earnings-growth ratio of 0.81 and a beta of 2.05. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.23 and a quick ratio of 0.73. Celestica, Inc. has a 12 month low of $173.23 and a 12 month high of $474.02. The company’s fifty day moving average price is $361.45 and its two-hundred day moving average price is $333.18.
Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last released its earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.25. The company had revenue of $4.68 billion during the quarter, compared to the consensus estimate of $4.30 billion. Celestica had a net margin of 7.16% and a return on equity of 39.96%. The company’s revenue was up 62.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.39 EPS. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. As a group, research analysts predict that Celestica, Inc. will post 9.57 earnings per share for the current fiscal year.
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.
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