1,409 Shares in Celestica, Inc. $CLS Purchased by Signal Advisors Wealth LLC

Key Points

• Signal Advisors Wealth LLC purchased 1,409 shares of Celestica, Inc., valued at approximately $219,000, indicating growing interest from institutional investors.
• Several large investors, including Freedom Investment Management Inc. and Anchor Investment Management LLC, have also increased their positions in Celestica during the past quarters.
• Wall Street analysts maintain a generally positive outlook on Celestica, with the stock receiving multiple upgrades and a current average rating of "Buy."

Signal Advisors Wealth LLC acquired a new position in shares of Celestica, Inc. (NYSE:CLS - Free Report) TSE: CLS in the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 1,409 shares of the technology company's stock, valued at approximately $219,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Jones Financial Companies Lllp lifted its position in Celestica by 1,103.8% in the first quarter. Jones Financial Companies Lllp now owns 24,486 shares of the technology company's stock valued at $1,930,000 after acquiring an additional 22,452 shares during the last quarter. Consolidated Planning Corp acquired a new position in Celestica in the first quarter valued at $3,361,000. Think Investments LP acquired a new position in Celestica in the first quarter valued at $14,939,000. Royal Bank of Canada increased its stake 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 purchasing an additional 19,391 shares during the period. Finally, BNP Paribas Financial Markets increased its stake in Celestica by 79.3% in the first quarter. BNP Paribas Financial Markets now owns 991,776 shares of the technology company's stock valued at $78,162,000 after purchasing an additional 438,762 shares during the period. 67.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. CICC Research assumed coverage on shares of Celestica in a research note on Tuesday, August 19th. They issued an "outperform" rating on the stock. Citigroup lifted their price objective on shares of Celestica from $172.00 to $212.00 and gave the company a "neutral" rating in a research note on Wednesday, July 30th. Barclays lifted their price objective on shares of Celestica from $146.00 to $220.00 and gave the company an "overweight" rating in a research note on Wednesday, July 30th. UBS Group reiterated a "neutral" rating and set a $208.00 price target (up from $101.00) on shares of Celestica in a research note on Wednesday, July 30th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Celestica from $225.00 to $295.00 and gave the stock an "overweight" rating in a research note on Monday, September 8th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Celestica has a consensus rating of "Buy" and an average price target of $174.75.

Celestica Price Performance

CLS stock traded up $1.92 during trading on Monday, reaching $254.85. 2,211,367 shares of the company were exchanged, compared to its average volume of 4,203,414. The company has a market cap of $29.32 billion, a P/E ratio of 55.16 and a beta of 1.89. Celestica, Inc. has a 52-week low of $48.77 and a 52-week high of $258.16. The stock's 50 day moving average price is $202.25 and its 200 day moving average price is $140.75. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.86 and a current ratio of 1.44.

Celestica (NYSE:CLS - Get Free Report) TSE: CLS last released 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 for the quarter, compared to the consensus estimate of $2.65 billion. Celestica had a net margin of 5.11% and a return on equity of 28.23%. The firm's revenue was up 21.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.91 earnings per share. 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 predict that Celestica, Inc. will post 4.35 earnings per share for the current fiscal year.

About Celestica

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.