Celsius Holdings Inc. $CELH Holdings Cut by M&T Bank Corp

Key Points

• M&T Bank Corp cut its stake in Celsius by 82% in the fourth quarter, selling 41,076 shares and finishing the period with 8,989 shares worth about $411,000.
• Several large institutions increased exposure—Massachusetts Financial Services opened a new position of roughly $115.3 million, and Ameriprise, Invesco, BNP Paribas and Northern Trust also added shares, leaving institutional ownership at 60.95%.
• Analysts are largely positive (20 Buys vs. 3 Holds) with a consensus "Moderate Buy" and target of $65.72, and Celsius recently beat estimates with Q results showing EPS $0.26 vs. $0.19 and revenue up 117% year‑over‑year.

M&T Bank Corp lowered its holdings in Celsius Holdings Inc. (NASDAQ:CELH - Free Report) by 82.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,989 shares of the company's stock after selling 41,076 shares during the period. M&T Bank Corp's holdings in Celsius were worth $411,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Massachusetts Financial Services Co. MA bought a new position in Celsius in the fourth quarter worth about $115,321,000. Ameriprise Financial Inc. lifted its holdings in Celsius by 20.9% in the second quarter. Ameriprise Financial Inc. now owns 2,470,088 shares of the company's stock worth $114,587,000 after acquiring an additional 426,623 shares during the last quarter. Invesco Ltd. lifted its holdings in Celsius by 13.0% in the third quarter. Invesco Ltd. now owns 1,801,922 shares of the company's stock worth $103,592,000 after acquiring an additional 207,824 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in Celsius by 389.1% in the third quarter. BNP Paribas Financial Markets now owns 1,713,170 shares of the company's stock worth $98,490,000 after acquiring an additional 1,362,867 shares during the last quarter. Finally, Northern Trust Corp lifted its holdings in Celsius by 2.2% in the third quarter. Northern Trust Corp now owns 1,420,607 shares of the company's stock worth $81,671,000 after acquiring an additional 30,129 shares during the last quarter. Institutional investors own 60.95% of the company's stock.

Analysts Set New Price Targets

CELH has been the topic of a number of recent research reports. Roth Mkm reissued a "buy" rating on shares of Celsius in a report on Monday, February 9th. Deutsche Bank Aktiengesellschaft set a $41.00 target price on shares of Celsius in a report on Thursday. JPMorgan Chase & Co. raised their target price on shares of Celsius from $68.00 to $77.00 and gave the stock an "overweight" rating in a report on Thursday, January 29th. Citigroup cut their target price on shares of Celsius from $65.00 to $60.00 and set a "buy" rating on the stock in a report on Wednesday, April 15th. Finally, TD Cowen cut their price target on Celsius from $66.00 to $55.00 and set a "buy" rating on the stock in a report on Monday, April 20th. Twenty equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $65.72.

Celsius Stock Performance

CELH opened at $33.73 on Friday. The business's 50 day moving average is $39.53 and its 200-day moving average is $45.85. The stock has a market cap of $8.67 billion, a PE ratio of 134.92, a price-to-earnings-growth ratio of 1.22 and a beta of 0.95. The company has a current ratio of 1.68, a quick ratio of 1.37 and a debt-to-equity ratio of 0.57. Celsius Holdings Inc. has a twelve month low of $32.01 and a twelve month high of $66.74.

Celsius (NASDAQ:CELH - Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The company reported $0.26 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $0.07. The company had revenue of $721.63 million for the quarter, compared to analysts' expectations of $638.17 million. Celsius had a return on equity of 37.68% and a net margin of 4.29%.The business's revenue for the quarter was up 117.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.11) earnings per share. On average, analysts predict that Celsius Holdings Inc. will post 1.59 earnings per share for the current year.

About Celsius

Celsius Holdings, Inc is an American beverage company known for its line of fitness and energy drinks formulated to support active lifestyles. The company's flagship product, the Celsius® brand, features beverages enhanced with ingredients such as green tea extract, guarana seed extract and essential vitamins, positioned as a functional alternative to traditional energy drinks. These products are designed to deliver a blend of ingredients that support metabolism and sustained energy without high sugar content or artificial preservatives.

In addition to its core carbonated drink portfolio, Celsius has expanded its offerings to include powder mixes and non-carbonated ready-to-drink variants, catering to consumer preferences around taste, convenience and nutritional needs.

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