Celestica, Inc. $CLS Shares Acquired by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. increased its holdings in Celestica, Inc. (NYSE:CLS) (TSE:CLS) by 63.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,674 shares of the technology company’s stock after acquiring an additional 2,599 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Celestica were worth $1,044,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Jones Financial Companies Lllp lifted its stake in shares of Celestica by 1,103.8% in the first quarter. Jones Financial Companies Lllp now owns 24,486 shares of the technology company’s stock worth $1,930,000 after acquiring an additional 22,452 shares in the last quarter. Consolidated Planning Corp acquired a new position in shares of Celestica in the first quarter worth about $3,361,000. Fortis Capital Advisors LLC acquired a new position in shares of Celestica in the second quarter worth about $343,000. Think Investments LP acquired a new position in shares of Celestica in the first quarter worth about $14,939,000. Finally, Royal Bank of Canada increased its holdings in Celestica by 1.5% in the first quarter. Royal Bank of Canada now owns 1,280,563 shares of the technology company’s stock valued at $100,922,000 after buying an additional 19,391 shares during the last quarter. Institutional investors and hedge funds own 67.38% of the company’s stock.

Celestica Stock Performance

Shares of CLS stock opened at $277.09 on Friday. The company has a quick ratio of 0.86, a current ratio of 1.44 and a debt-to-equity ratio of 0.48. The business has a 50 day moving average of $230.90 and a two-hundred day moving average of $162.55. Celestica, Inc. has a 52 week low of $55.30 and a 52 week high of $296.85. The company has a market cap of $31.87 billion, a P/E ratio of 59.98 and a beta of 1.88.

Celestica (NYSE:CLS) (TSE:CLS) last issued its earnings results on Monday, July 28th. The technology company reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.23 by $0.16. Celestica had a return on equity of 28.23% and a net margin of 5.11%.The company had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.65 billion. During the same period in the previous year, the firm posted $0.91 earnings per share. Celestica’s quarterly revenue was up 21.0% compared to the same quarter last year. Celestica has set its Q3 2025 guidance at 1.370-1.530 EPS. FY 2025 guidance at 5.500-5.500 EPS. As a group, analysts anticipate that Celestica, Inc. will post 4.35 EPS for the current year.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. The Goldman Sachs Group assumed coverage on Celestica in a report on Thursday. They issued a “buy” rating and a $340.00 price objective for the company. Barclays boosted their price objective on Celestica from $146.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, July 30th. TD Securities lowered Celestica from a “buy” rating to a “hold” rating and boosted their price objective for the company from $130.00 to $238.00 in a report on Friday, October 3rd. JPMorgan Chase & Co. boosted their price objective on Celestica from $225.00 to $295.00 and gave the company an “overweight” rating in a report on Monday, September 8th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Celestica in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $229.00.

Celestica Company Profile

Celestica Inc provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.