Guardian Asset Advisors LLC Acquires New Shares in Celestica, Inc. $CLS

Guardian Asset Advisors LLC acquired a new stake in shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 1,580 shares of the technology company’s stock, valued at approximately $247,000.

Several other hedge funds also recently modified their holdings of CLS. Jones Financial Companies Lllp lifted its holdings in Celestica by 1,103.8% during the 1st quarter. Jones Financial Companies Lllp now owns 24,486 shares of the technology company’s stock worth $1,930,000 after buying an additional 22,452 shares during the period. Fortis Capital Advisors LLC acquired a new position in Celestica during the 2nd quarter worth about $343,000. Think Investments LP acquired a new position in Celestica during the 1st quarter worth about $14,939,000. Royal Bank of Canada lifted its holdings in Celestica by 1.5% during the 1st quarter. Royal Bank of Canada now owns 1,280,563 shares of the technology company’s stock worth $100,922,000 after buying an additional 19,391 shares during the period. Finally, BNP Paribas Financial Markets lifted its holdings in Celestica by 79.3% during the 1st quarter. BNP Paribas Financial Markets now owns 991,776 shares of the technology company’s stock worth $78,162,000 after buying an additional 438,762 shares during the period. Institutional investors and hedge funds own 67.38% of the company’s stock.

Celestica Stock Performance

Shares of Celestica stock opened at $283.00 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.44 and a quick ratio of 0.86. The business has a 50-day simple moving average of $236.36 and a 200 day simple moving average of $168.10. The firm has a market capitalization of $32.55 billion, a price-to-earnings ratio of 61.26 and a beta of 1.88. Celestica, Inc. has a one year low of $58.05 and a one year high of $296.85.

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

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on CLS. BNP Paribas reissued an “outperform” rating and issued a $300.00 price objective on shares of Celestica in a research report on Thursday, September 25th. Barclays lifted their price objective on Celestica from $146.00 to $220.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 30th. UBS Group reissued a “neutral” rating and issued a $208.00 price objective (up from $101.00) on shares of Celestica in a research report on Wednesday, July 30th. The Goldman Sachs Group began coverage on Celestica in a research report on Thursday, October 16th. They issued a “buy” rating and a $340.00 price objective for the company. Finally, CICC Research started coverage on Celestica in a research report on Tuesday, August 19th. They issued an “outperform” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $249.36.

Celestica 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.