Oppenheimer & Co. Inc. Sells 3,065 Shares of Celestica, Inc. $CLS

Oppenheimer & Co. Inc. lessened its stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 51.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,854 shares of the technology company’s stock after selling 3,065 shares during the period. Oppenheimer & Co. Inc.’s holdings in Celestica were worth $844,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Pinney & Scofield Inc. boosted its holdings in shares of Celestica by 20.0% during the 3rd quarter. Pinney & Scofield Inc. now owns 180 shares of the technology company’s stock valued at $44,000 after purchasing an additional 30 shares during the last quarter. LeConte Wealth Management LLC boosted its holdings in shares of Celestica by 3.5% during the 4th quarter. LeConte Wealth Management LLC now owns 1,001 shares of the technology company’s stock valued at $296,000 after purchasing an additional 34 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Celestica by 42.5% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 124 shares of the technology company’s stock valued at $31,000 after purchasing an additional 37 shares during the last quarter. World Equity Group Inc. boosted its holdings in shares of Celestica by 1.7% during the 3rd quarter. World Equity Group Inc. now owns 2,263 shares of the technology company’s stock valued at $558,000 after purchasing an additional 38 shares during the last quarter. Finally, Terra Nova Asset Management LLC boosted its holdings in shares of Celestica by 2.3% during the 4th quarter. Terra Nova Asset Management LLC now owns 1,686 shares of the technology company’s stock valued at $498,000 after purchasing an additional 38 shares during the last quarter. Institutional investors own 67.38% of the company’s stock.

Celestica Stock Down 6.9%

Shares of NYSE:CLS opened at $385.14 on Friday. The company has a current ratio of 1.26, a quick ratio of 0.73 and a debt-to-equity ratio of 0.36. Celestica, Inc. has a 12 month low of $92.30 and a 12 month high of $435.00. The company has a 50-day moving average price of $320.48 and a 200 day moving average price of $312.59. The company has a market cap of $44.28 billion, a price-to-earnings ratio of 46.57, a PEG ratio of 0.96 and a beta of 2.09.

Celestica (NYSE:CLS) (TSE:CLS) last announced its quarterly earnings results on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $3.97 billion. During the same quarter last year, the firm earned $1.20 EPS. The firm’s revenue for the quarter was up 52.8% compared to the same quarter last year. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. As a group, equities research analysts predict that Celestica, Inc. will post 9.5 earnings per share for the current year.

Wall Street Analyst Weigh In

CLS has been the subject of several research reports. TD Securities raised shares of Celestica from a “hold” rating to a “buy” rating and set a $430.00 price objective for the company in a report on Wednesday, April 29th. Rothschild & Co Redburn initiated coverage on shares of Celestica in a report on Friday, May 1st. They set a “buy” rating and a $460.00 price objective for the company. Barclays increased their price objective on shares of Celestica from $391.00 to $441.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. TD Cowen raised shares of Celestica from a “hold” rating to a “buy” rating and increased their price objective for the company from $350.00 to $430.00 in a report on Wednesday, April 29th. Finally, Susquehanna increased their price objective on shares of Celestica from $460.00 to $510.00 and gave the company a “positive” rating in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $427.42.

Celestica News Roundup

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Commercial launch: Celestica has made its DS6000-series 1.6TbE switches commercially available for order, moving from development to market-ready AI/ML networking hardware — a tangible product milestone that supports revenue/market-share upside in data-center networking. Celestica (CLS) Announces Availability of 1.6TbE Switches for GenAI, ML Infrastructure
• Positive Sentiment: Margin expansion thesis: Analysis points to Celestica’s shift from low‑margin EMS to higher‑margin ODM/HPS work (HPS mix up to ~42% in Q1), which is driving adjusted operating‑margin improvement and supports a higher valuation if new products (1.6T/3.2T CPO switches) ramp on schedule. Celestica’s AI Hardware Boom: Growth, Margins, And Market Mispricing
• Positive Sentiment: Momentum/bullish coverage: Multiple outlets profile CLS as a top momentum/growth pick citing strong revenue growth, AI/data‑center exposure and recent beats — reinforcing investor interest and fresh inflows. Are You Looking for a Top Momentum Pick? Why Celestica (CLS) is a Great Choice
• Neutral Sentiment: Balance‑sheet/coverage note: Celestica is highlighted among names with strong interest‑coverage metrics, a point that supports credit resilience amid geopolitical or cyclical risk. 4 Stocks With Strong Coverage Ratios to Buy Amid Geopolitical Risks
• Neutral Sentiment: Valuation/rotation question: Commentary asks whether the multi‑hundred percent run (1‑year surge) leaves upside limited — useful context for investors weighing fresh buys vs. profit‑taking. Is It Too Late To Consider Celestica (TSX:CLS) After Its 349% One Year Surge?
• Negative Sentiment: Post‑earnings volatility: Although Celestica beat Q1 EPS and raised FY guidance, shares previously dropped sharply after earnings as investors rotated and took profits — signaling sentiment risk if execution or order flow misses expectations. Celestica: A Bet On AI CapEx Growth
• Negative Sentiment: Short‑term profit taking: Coverage questioning “time to cash out?” after a 52‑week high suggests near‑term downside risk from investors locking gains, contributing to today’s decline and above‑average volume. Celestica, Inc. (CLS) Soars to 52-Week High, Time to Cash Out?

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.