Cibc World Market Inc. Invests $757.81 Million in Celestica, Inc. $CLS

Posted by Francis Steltz on Aug 24th, 2026

Cibc World Market Inc. purchased a new stake in shares of Celestica, Inc. (NYSE:CLS – Free Report) (TSE:CLS) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,079,718 shares of the technology company’s stock, valued at approximately $757,811,000. Celestica accounts for approximately 1.2% of Cibc World Market Inc.’s investment portfolio, making the stock its 15th largest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of CLS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Celestica in the 4th quarter valued at about $28,000. Ascentis Independent Advisors bought a new stake in shares of Celestica during the 1st quarter worth about $29,000. Swiss RE Ltd. acquired a new stake in shares of Celestica in the 4th quarter worth approximately $29,000. Cullen Frost Bankers Inc. bought a new position in shares of Celestica in the fourth quarter valued at approximately $30,000. Finally, Sittner & Nelson LLC bought a new stake in Celestica during the fourth quarter worth approximately $31,000. 67.38% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

CLS has been the topic of several recent research reports. TD Cowen upgraded shares of Celestica from a “hold” rating to a “buy” rating and lifted their price target for the stock from $350.00 to $430.00 in a research report on Wednesday, April 29th. Zacks Research upgraded Celestica from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 26th. The Goldman Sachs Group reissued a “buy” rating and set a $475.00 price objective on shares of Celestica in a research note on Tuesday, April 28th. Rothschild & Co Redburn initiated coverage on Celestica in a report on Friday, May 1st. They issued a “buy” rating and a $460.00 target price on the stock. Finally, Royal Bank Of Canada lifted their price target on Celestica from $440.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $439.81.

Get Our Latest Report on CLS

Insider Buying and Selling

In other Celestica news, CFO Mandeep Chawla sold 17,000 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $399.65, for a total value of $6,794,050.00. Following the completion of the sale, the chief financial officer owned 82,444 shares in the company, valued at $32,948,744.60. This represents a 17.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Robert Mionis sold 98,453 shares of Celestica stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $368.99, for a total transaction of $36,328,172.47. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 356,553 shares of company stock worth $135,238,444 over the last ninety days. 1.10% of the stock is currently owned by insiders.

Celestica Stock Performance

Shares of CLS stock opened at $296.03 on Monday. The company has a market capitalization of $34.04 billion, a price-to-earnings ratio of 30.77 and a beta of 2.06. Celestica, Inc. has a 1-year low of $179.01 and a 1-year high of $474.02. The company has a current ratio of 1.23, a quick ratio of 0.68 and a debt-to-equity ratio of 0.32. The stock’s fifty day simple moving average is $341.15 and its 200-day simple moving average is $335.51.

Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last announced its quarterly earnings data on Monday, July 27th. The technology company reported $2.54 EPS for the quarter, topping analysts’ consensus estimates of $2.29 by $0.25. The firm had revenue of $4.68 billion during the quarter, compared to analyst estimates of $4.30 billion. Celestica had a return on equity of 39.96% and a net margin of 7.16%.The business’s quarterly revenue was up 62.4% compared to the same quarter last year. During the same period last year, the company posted $1.39 EPS. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. On average, sell-side analysts predict that Celestica, Inc. will post 10.15 earnings per share for the current fiscal year.

Celestica Company 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.