BW Gestao de Investimentos Ltda. Lowers Holdings in Celestica, Inc. $CLS

Key Points

• BW Gestao de Investimentos Ltda. has reduced its stake in Celestica, Inc. by 62.5%, now holding 22,800 shares worth approximately $1,797,000.
• Multiple institutional investors, including Polar Capital Holdings Plc and Alliancebernstein L.P., have significantly increased their positions in Celestica, demonstrating strong institutional interest in the company.
• Celestica reported earnings per share of $1.39 for its latest quarter, surpassing expectations, with a revenue of $2.89 billion, and has set future earnings guidance between $1.370-1.530 EPS for Q3 2025.

BW Gestao de Investimentos Ltda. lessened its position in shares of Celestica, Inc. (NYSE:CLS - Free Report) TSE: CLS by 62.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,800 shares of the technology company's stock after selling 37,942 shares during the quarter. BW Gestao de Investimentos Ltda.'s holdings in Celestica were worth $1,797,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Celestica by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 4,514,605 shares of the technology company's stock worth $356,135,000 after purchasing an additional 35,690 shares during the period. Polar Capital Holdings Plc boosted its holdings in shares of Celestica by 822.6% in the 4th quarter. Polar Capital Holdings Plc now owns 1,607,969 shares of the technology company's stock worth $148,416,000 after purchasing an additional 1,433,681 shares during the period. Royal Bank of Canada boosted its holdings in shares of Celestica by 1.5% in the 1st quarter. Royal Bank of Canada now owns 1,280,563 shares of the technology company's stock worth $100,922,000 after purchasing an additional 19,391 shares during the period. Alkeon Capital Management LLC purchased a new position in shares of Celestica in the 1st quarter worth approximately $96,936,000. Finally, BNP Paribas Financial Markets boosted its holdings in shares of Celestica by 79.3% in the 1st quarter. BNP Paribas Financial Markets now owns 991,776 shares of the technology company's stock worth $78,162,000 after purchasing an additional 438,762 shares during the period. Hedge funds and other institutional investors own 67.38% of the company's stock.

Celestica Price Performance

Shares of Celestica stock traded up $21.49 during mid-day trading on Friday, reaching $242.83. 7,692,106 shares of the stock traded hands, compared to its average volume of 2,812,783. The business has a 50-day moving average of $183.98 and a 200 day moving average of $130.45. Celestica, Inc. has a fifty-two week low of $40.65 and a fifty-two week high of $257.40. The stock has a market capitalization of $27.93 billion, a PE ratio of 52.56 and a beta of 1.89. The company has a quick ratio of 0.86, a current ratio of 1.44 and a debt-to-equity ratio of 0.48.

Celestica (NYSE:CLS - Get Free Report) TSE: CLS last announced its earnings results on Monday, July 28th. The technology company reported $1.39 EPS for the quarter, beating analysts' consensus estimates of $1.23 by $0.16. Celestica had a return on equity of 28.23% and a net margin of 5.11%.The business had revenue of $2.89 billion during the quarter, compared to analysts' expectations of $2.65 billion. During the same quarter in the prior year, the firm earned $0.91 earnings per share. The business's revenue was up 21.0% compared to the same quarter last year. Celestica has set its Q3 2025 guidance at 1.370-1.530 EPS. FY 2025 guidance at 5.500-5.500 EPS. On average, analysts predict that Celestica, Inc. will post 4.35 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently issued reports on CLS. JPMorgan Chase & Co. raised their price target on Celestica from $170.00 to $225.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 30th. Barclays boosted their price target on Celestica from $146.00 to $220.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 30th. Wall Street Zen upgraded Celestica from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. UBS Group restated a "neutral" rating and set a $208.00 target price (up from $101.00) on shares of Celestica in a research note on Wednesday, July 30th. Finally, Canaccord Genuity Group boosted their target price on Celestica from $126.00 to $240.00 and gave the stock a "buy" rating in a research note on Wednesday, July 30th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, Celestica has a consensus rating of "Buy" and an average target price of $168.92.

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.