Trexquant Investment LP Has $11.01 Million Stock Position in Celestica, Inc. $CLS

Key Points

• Trexquant Investment LP increased its stake in Celestica, Inc. by 2.5% during Q1, now owning approximately 0.12% of the company valued at $11 million.
• Celestica's stock experienced an 8.1% drop, currently trading at $195.12, despite strong financial performance with a reported EPS of $1.39, beating estimates.
• Several institutional investors significantly boosted their holdings in Celestica, with Polar Capital Holdings augmenting its stake by 822.6% in Q4.

Trexquant Investment LP increased its holdings in Celestica, Inc. (NYSE:CLS - Free Report) TSE: CLS by 2.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 139,746 shares of the technology company's stock after purchasing an additional 3,350 shares during the period. Trexquant Investment LP owned approximately 0.12% of Celestica worth $11,013,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of CLS. CoreCap Advisors LLC boosted its holdings in shares of Celestica by 5.4% during the 4th quarter. CoreCap Advisors LLC now owns 1,760 shares of the technology company's stock worth $162,000 after buying an additional 90 shares during the period. Freedom Investment Management Inc. lifted its position in Celestica by 1.5% during the 1st quarter. Freedom Investment Management Inc. now owns 6,360 shares of the technology company's stock worth $501,000 after acquiring an additional 96 shares during the last quarter. First National Bank of Hutchinson boosted its holdings in Celestica by 2.5% during the first quarter. First National Bank of Hutchinson now owns 4,914 shares of the technology company's stock valued at $387,000 after acquiring an additional 120 shares during the period. Private Trust Co. NA grew its position in shares of Celestica by 14.1% in the first quarter. Private Trust Co. NA now owns 993 shares of the technology company's stock valued at $78,000 after purchasing an additional 123 shares during the last quarter. Finally, Csenge Advisory Group increased its stake in shares of Celestica by 7.1% in the first quarter. Csenge Advisory Group now owns 2,593 shares of the technology company's stock worth $218,000 after purchasing an additional 171 shares during the period. 67.38% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

CLS has been the subject of several recent analyst reports. BMO Capital Markets restated an "outperform" rating and set a $130.00 target price (up previously from $118.00) on shares of Celestica in a research note on Thursday, May 22nd. BNP Paribas upgraded Celestica to a "strong-buy" rating in a report on Wednesday, June 11th. Royal Bank Of Canada upped their target price on shares of Celestica from $185.00 to $225.00 and gave the company an "outperform" rating in a research note on Wednesday, July 30th. CICC Research began coverage on shares of Celestica in a research report on Tuesday, August 19th. They issued an "outperform" rating on the stock. Finally, Canaccord Genuity Group boosted their price objective on shares of Celestica from $126.00 to $240.00 and gave the stock a "buy" rating in a report on Wednesday, July 30th. Two 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's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $168.92.

Celestica Price Performance

NYSE CLS traded down $17.21 on Monday, reaching $195.12. The company's stock had a trading volume of 3,928,552 shares, compared to its average volume of 2,878,981. Celestica, Inc. has a 52 week low of $40.65 and a 52 week high of $218.80. The company has a current ratio of 1.44, a quick ratio of 0.86 and a debt-to-equity ratio of 0.48. The firm has a market cap of $22.45 billion, a PE ratio of 42.23 and a beta of 1.89. The business has a 50-day moving average price of $178.37 and a 200 day moving average price of $128.00.

Celestica (NYSE:CLS - Get Free Report) TSE: CLS last issued its earnings results on Monday, July 28th. The technology company reported $1.39 earnings per share (EPS) for the quarter, topping 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 period in the prior year, the firm posted $0.91 EPS. Celestica's quarterly 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. Sell-side analysts expect that Celestica, Inc. will post 4.35 EPS for the current year.

Celestica Company 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.