Osbon Capital Management LLC Invests $755,000 in Celestica, Inc. $CLS

Osbon Capital Management LLC bought a new position in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 2,555 shares of the technology company’s stock, valued at approximately $755,000. Celestica accounts for approximately 0.7% of Osbon Capital Management LLC’s holdings, making the stock its 29th biggest position.

Other institutional investors have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Celestica by 5,806,149.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,657,937 shares of the technology company’s stock valued at $1,081,323,000 after acquiring an additional 3,657,874 shares during the period. Arrowstreet Capital Limited Partnership increased its position in shares of Celestica by 471.5% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 3,146,928 shares of the technology company’s stock worth $775,133,000 after purchasing an additional 2,596,318 shares in the last quarter. Viking Global Investors LP acquired a new stake in shares of Celestica during the 3rd quarter worth about $424,459,000. Norges Bank acquired a new position in Celestica in the fourth quarter valued at about $456,511,000. Finally, AQR Capital Management LLC bought a new stake in Celestica during the fourth quarter worth about $315,497,000. Institutional investors and hedge funds own 67.38% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on CLS shares. Rothschild & Co Redburn began coverage on Celestica in a report on Friday, May 1st. They issued a “buy” rating and a $460.00 target price on the stock. Zacks Research downgraded shares of Celestica from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Royal Bank Of Canada lifted their price objective on Celestica from $400.00 to $440.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Bank of America raised their target price on shares of Celestica from $400.00 to $430.00 and gave the stock a “buy” rating in a report on Monday, April 20th. Finally, Barclays upped their price target on shares of Celestica from $391.00 to $441.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Celestica presently has an average rating of “Moderate Buy” and an average target price of $427.42.

Celestica Stock Up 0.1%

Celestica stock opened at $372.96 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 1-year low of $130.68 and a 1-year high of $474.02. The company has a fifty day simple moving average of $383.45 and a 200 day simple moving average of $326.42. The company has a market cap of $42.88 billion, a P/E ratio of 45.10, a price-to-earnings-growth ratio of 0.87 and a beta of 2.02.

Celestica (NYSE:CLS) (TSE:CLS) last issued its quarterly earnings results on Monday, April 27th. The technology company reported $2.16 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 analysts’ expectations of $3.97 billion. During the same period in the previous year, the firm posted $1.20 EPS. The company’s revenue for the quarter 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. Research analysts anticipate 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 the company’s stock in a transaction that occurred 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 sale, the director owned 24,718 shares in the company, valued at $8,238,756.58. This represents a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 the stock in a transaction on Monday, June 15th. The shares were 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 owned 134,328 shares in the company, valued at approximately $53,739,259.68. This trade represents a 32.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 161,168 shares of company stock worth $63,190,485. Insiders own 1.10% of the company’s stock.

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.