Intact Investment Management Inc. Has $13.95 Million Stake in Celestica, Inc. $CLS

Key Points

• Intact Investment Management boosted its Celestica stake by 4,186.4% in Q4, owning 47,150 shares worth approximately $13.95 million at the end of the period.
• Celestica beat Q1 EPS ($2.16 vs. $2.08), raised FY guidance and saw analysts lift revenue forecasts (~10%) and multiple price targets (average PT ≈ $427), although the stock has been volatile—once plunging roughly 14% intraday after an Enterprise revenue miss.

Intact Investment Management Inc. lifted its position in Celestica, Inc. (NYSE:CLS - Free Report) TSE: CLS by 4,186.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,150 shares of the technology company's stock after purchasing an additional 46,050 shares during the quarter. Intact Investment Management Inc.'s holdings in Celestica were worth $13,947,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of CLS. MassMutual Private Wealth & Trust FSB lifted its position in shares of Celestica by 42.5% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 124 shares of the technology company's stock worth $31,000 after buying an additional 37 shares during the period. First Horizon Corp bought a new position in shares of Celestica during the 3rd quarter worth approximately $31,000. Atlantic Edge Private Wealth Management LLC bought a new position in shares of Celestica during the 4th quarter worth approximately $38,000. Avion Wealth bought a new position in shares of Celestica during the 3rd quarter worth approximately $40,000. Finally, Fifth Third Bancorp lifted its position in shares of Celestica by 48.7% during the 3rd quarter. Fifth Third Bancorp now owns 171 shares of the technology company's stock worth $42,000 after buying an additional 56 shares during the period. 67.38% of the stock is currently owned by institutional investors and hedge funds.

Key Celestica News

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Zacks upgraded Celestica to a Zacks Rank #1 (Strong Buy), boosting near‑term buying interest by highlighting stronger earnings prospects. All You Need to Know About Celestica (CLS) Rating Upgrade to Strong Buy
• Positive Sentiment: Analysts collectively raised Celestica’s revenue forecasts (reported as a ~10% lift), which supports higher valuation targets and signals improving outlook for end‑market demand. Industry Analysts Just Upgraded Celestica Inc. TSE: CLS Revenue Forecasts By 10%
• Positive Sentiment: Major banks raised price targets and reiterated buy/outperform calls: Goldman Sachs lifted its PT from $430 to $475 after an earnings beat; CIBC increased its PT to US$480 and kept an Outperformer rating; JPMorgan also raised its target to $425 and kept an overweight stance. These upgrades underpin investor confidence and act as near‑term buying catalysts. Goldman Sachs is Bullish on Celestica Inc. (CLS) CIBC Raises Celestica's Price Target to US$480 From US$425 Celestica NYSE: CLS Given New $425.00 Price Target at JPMorgan Chase & Co.
• Positive Sentiment: Company fundamentals: Celestica reported a Q1 EPS beat (reported EPS topped estimates) and raised FY guidance, which supports forward earnings multiple expansion. Analysts are citing improving revenue growth and margin dynamics. Celestica, Inc. (CLS) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Technical indicator: CLS recently crossed above its 20‑day moving average, a short‑term bullish technical signal that can attract momentum traders. Celestica (CLS) Crossed Above the 20-Day Moving Average: What That Means for Investors
• Negative Sentiment: Market reaction volatility: Despite strong Q1 EPS, shares previously plunged intraday (~14% reported) after investors focused on a revenue miss in the Enterprise segment and component‑shortage noise—this shows profit‑taking and sensitivity to execution risks. Celestica Stock Falls 14% Despite Posting Strong Q1 Results

Analysts Set New Price Targets

Several research firms recently commented on CLS. Royal Bank Of Canada raised their target price on Celestica from $400.00 to $440.00 and gave the stock an "outperform" rating in a research report on Wednesday. UBS Group raised their target price on Celestica from $355.00 to $400.00 and gave the stock a "neutral" rating in a research report on Wednesday, April 29th. Rothschild & Co Redburn began coverage on Celestica in a research report on Friday. They set a "buy" rating and a $460.00 target price for the company. Weiss Ratings restated a "buy (b)" rating on shares of Celestica in a research report on Wednesday, January 21st. Finally, TD Cowen upgraded Celestica from a "hold" rating to a "buy" rating and raised their target price for the stock from $350.00 to $430.00 in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $427.42.

Insider Buying and Selling at Celestica

In other Celestica news, President Todd C. Cooper sold 1,065 shares of Celestica stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $283.51, for a total value of $301,938.15. Following the completion of the transaction, the president owned 108,970 shares in the company, valued at approximately $30,894,084.70. The trade was a 0.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Yann L. Etienvre sold 1,145 shares of Celestica stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $283.51, for a total value of $324,618.95. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 122,210 shares of company stock worth $37,518,757. 1.10% of the stock is currently owned by insiders.

Celestica Trading Down 0.2%

Shares of CLS opened at $418.29 on Monday. The stock has a fifty day moving average price of $313.88 and a two-hundred day moving average price of $309.85. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.73 and a current ratio of 1.26. Celestica, Inc. has a 52-week low of $90.00 and a 52-week high of $426.55. The company has a market cap of $48.09 billion, a price-to-earnings ratio of 50.58, a PEG ratio of 1.01 and a beta of 2.09.

Celestica (NYSE:CLS - Get Free Report) TSE: CLS last issued its quarterly earnings data on Monday, April 27th. The technology company reported $2.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.08 by $0.08. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The firm had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.97 billion. During the same quarter in the previous year, the company posted $1.20 EPS. The business's revenue for the quarter was up 52.8% compared to the same quarter last year. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. Analysts predict that Celestica, Inc. will post 9.15 EPS for the current fiscal year.

About Celestica

Celestica Inc is a multinational electronics manufacturing services (EMS) company that provides design, engineering, manufacturing and supply chain solutions to original equipment manufacturers across a range of industries. Headquartered in Toronto, Ontario, Canada, Celestica works with customers to develop and produce complex electronic and electro-mechanical products, integrating activities from product design and prototyping through high-volume assembly, testing and final system integration.

The company's service offering typically includes product engineering and design support, printed circuit board assembly, box-build and systems assembly, automated test and inspection, aftermarket repair and refurbishment, and end-to-end supply chain and logistics management.

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