Korea Investment CORP Takes $33.08 Million Position in Celestica, Inc. $CLS

Posted by Brenda Bartman on Aug 23rd, 2026

Korea Investment CORP purchased a new stake in Celestica, Inc. (NYSE:CLS – Free Report) (TSE:CLS) during the second quarter, Holdings Channel reports. The institutional investor purchased 90,721 shares of the technology company’s stock, valued at approximately $33,075,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. EP Wealth Advisors LLC acquired a new position in Celestica during the second quarter valued at approximately $5,176,000. Burnham & Co LLC acquired a new stake in Celestica in the second quarter worth $912,000. Expressive Wealth LLC acquired a new stake in Celestica in the second quarter worth $651,000. Allworth Financial LP bought a new position in shares of Celestica during the second quarter worth $215,000. Finally, Silvant Capital Management LLC acquired a new position in shares of Celestica in the 2nd quarter valued at $91,000. Institutional investors own 67.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. UBS Group restated a “neutral” rating and issued a $410.00 price objective on shares of Celestica in a research report on Wednesday, July 29th. Zacks Research raised Celestica from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 26th. Barclays lowered their price target on Celestica from $430.00 to $406.00 and set an “overweight” rating for the company in a report on Friday, August 7th. Stifel Nicolaus set a $500.00 price objective on Celestica in a report on Tuesday, July 28th. Finally, JPMorgan Chase & Co. boosted their price objective on Celestica from $445.00 to $485.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $438.86.

View Our Latest Research Report on CLS

Insider Transactions at Celestica

In other news, CEO Robert Mionis sold 23,496 shares of the company’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $362.39, for a total transaction of $8,514,715.44. Following the completion of the transaction, the chief executive officer directly owned 23,396 shares of the company’s stock, valued at $8,478,476.44. This represents a 50.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Mandeep Chawla sold 16,117 shares of the company’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $369.32, for a total value of $5,952,330.44. Following the transaction, the chief financial officer directly owned 65,444 shares of the company’s stock, valued at $24,169,778.08. This represents a 19.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 356,553 shares of company stock worth $135,238,444. Corporate insiders own 1.10% of the company’s stock.

Celestica Trading Down 2.0%

Shares of NYSE:CLS opened at $296.03 on Friday. The firm has a market cap of $34.04 billion, a price-to-earnings ratio of 30.77 and a beta of 2.06. Celestica, Inc. has a 12 month low of $179.01 and a 12 month high of $474.02. The company’s fifty day simple moving average is $341.15 and its 200 day simple moving average is $335.16. The company has a quick ratio of 0.68, a current ratio of 1.23 and a debt-to-equity ratio of 0.32.

Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last announced its earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share 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 net margin of 7.16% and a return on equity of 39.96%. The company’s revenue for the quarter was up 62.4% compared to the same quarter last year. During the same period in the prior year, the business earned $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. As a group, research analysts forecast that Celestica, Inc. will post 10.15 EPS for the current fiscal year.

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.