23,781 Shares in Celestica, Inc. $CLS Bought by Stephens Inc. AR

Key Points

• Stephens Inc. AR acquired 23,781 shares of Celestica, Inc., valued at approximately $3.7 million, marking a new position in the company during the second quarter.
• Celestica's recent earnings report highlighted a 21% increase in quarterly revenue year-over-year, with an EPS of $1.39, surpassing analysts' expectations.
• Multiple analysts have raised their price targets for Celestica, with the average target now at $242.93, indicating positive market sentiment for the stock.

Stephens Inc. AR acquired a new position in shares of Celestica, Inc. (NYSE:CLS - Free Report) TSE: CLS during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 23,781 shares of the technology company's stock, valued at approximately $3,712,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. ST Germain D J Co. Inc. bought a new position in shares of Celestica during the 2nd quarter worth about $37,000. Wolff Wiese Magana LLC increased its holdings in shares of Celestica by 45.6% during the 2nd quarter. Wolff Wiese Magana LLC now owns 364 shares of the technology company's stock worth $57,000 after purchasing an additional 114 shares during the period. ORG Partners LLC bought a new position in shares of Celestica during the 1st quarter worth about $29,000. Oakworth Capital Inc. bought a new position in shares of Celestica during the 2nd quarter worth about $73,000. Finally, ORG Wealth Partners LLC bought a new position in shares of Celestica during the 2nd quarter worth about $87,000. Institutional investors own 67.38% of the company's stock.

Wall Street Analyst Weigh In

CLS has been the topic of several research reports. Citigroup boosted their price objective on shares of Celestica from $172.00 to $212.00 and gave the stock a "neutral" rating in a report on Wednesday, July 30th. TD Securities downgraded shares of Celestica from a "buy" rating to a "hold" rating and boosted their price objective for the stock from $130.00 to $238.00 in a report on Friday, October 3rd. Royal Bank Of Canada lifted their target price on shares of Celestica from $185.00 to $225.00 and gave the company an "outperform" rating in a research report on Wednesday, July 30th. BMO Capital Markets lifted their target price on shares of Celestica from $230.00 to $300.00 and gave the company an "outperform" rating in a research report on Tuesday, October 14th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Celestica from $225.00 to $295.00 and gave the company an "overweight" rating in a research report on Monday, September 8th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $242.93.

Celestica Stock Performance

CLS stock opened at $264.80 on Wednesday. The company has a 50 day moving average price of $233.31 and a 200 day moving average price of $165.91. Celestica, Inc. has a fifty-two week low of $55.30 and a fifty-two week high of $296.85. 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 stock has a market capitalization of $30.46 billion, a PE ratio of 57.32 and a beta of 1.88.

Celestica (NYSE:CLS - Get Free Report) TSE: CLS last announced its quarterly earnings data on Monday, July 28th. The technology company reported $1.39 EPS for the quarter, beating analysts' consensus estimates of $1.23 by $0.16. The firm had revenue of $2.89 billion for 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 business's quarterly revenue was up 21.0% compared to the same quarter last year. During the same period last year, the company earned $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. Analysts forecast that Celestica, Inc. will post 4.35 EPS for the current year.

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.

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