Havemeyer Place LP Invests $2.43 Million in Celestica, Inc. $CLS

Havemeyer Place LP bought a new position in shares of Celestica, Inc. (NYSE:CLSFree Report) (TSE:CLS) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 8,210 shares of the technology company’s stock, valued at approximately $2,427,000.

Several other institutional investors and hedge funds have also made changes to their positions in CLS. Cullen Frost Bankers Inc. acquired a new position in Celestica in the fourth quarter valued at approximately $30,000. Sittner & Nelson LLC acquired a new position in Celestica in the fourth quarter valued at approximately $31,000. Atlantic Edge Private Wealth Management LLC acquired a new position in Celestica in the fourth quarter valued at approximately $38,000. Northwestern Mutual Wealth Management Co. lifted its holdings in Celestica by 117.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 137 shares of the technology company’s stock valued at $40,000 after acquiring an additional 74 shares during the last quarter. Finally, Fifth Third Bancorp lifted its holdings in Celestica by 48.7% in the third quarter. Fifth Third Bancorp now owns 171 shares of the technology company’s stock valued at $42,000 after acquiring an additional 56 shares during the last quarter. 67.38% of the stock is currently owned by institutional investors and hedge funds.

Celestica Stock Down 12.6%

Shares of NYSE CLS opened at $371.64 on Friday. The stock has a market cap of $42.73 billion, a P/E ratio of 44.94, a PEG ratio of 0.86 and a beta of 2.02. 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 $117.28 and a 12-month high of $474.02. The business’s fifty day simple moving average is $364.82 and its 200-day simple moving average is $321.75.

Celestica (NYSE:CLSGet Free Report) (TSE:CLS) last announced its quarterly earnings data on Monday, April 27th. The technology company reported $2.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.08 by $0.08. The business had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.97 billion. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The company’s revenue for the quarter was up 52.8% compared to the same quarter last year. During the same period last year, the firm earned $1.20 earnings per share. 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 analysts predict that Celestica, Inc. will post 9.5 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Michael Max Wilson sold 4,168 shares of Celestica stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $333.31, for a total transaction of $1,389,236.08. Following the sale, the director owned 24,718 shares in the company, valued at approximately $8,238,756.58. The trade was a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.10% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms recently commented on CLS. Citigroup upped their price objective on Celestica from $338.00 to $415.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Stifel Nicolaus set a $445.00 price target on Celestica in a research note on Tuesday, April 28th. Susquehanna upped their price target on Celestica from $460.00 to $510.00 and gave the stock a “positive” rating in a research note on Wednesday, April 29th. TD Securities upgraded Celestica from a “hold” rating to a “buy” rating and set a $430.00 price target on the stock in a research note on Wednesday, April 29th. Finally, TD upped their price target on Celestica from $330.00 to $350.00 and gave the stock a “hold” rating in a research note on Monday, April 20th. 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 stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $427.42.

Read Our Latest Stock Analysis on CLS

Celestica Profile

(Free Report)

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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Institutional Ownership by Quarter for Celestica (NYSE:CLS)

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