Intrua Financial LLC Acquires New Holdings in Celestica, Inc. $CLS

Key Points

• Intrua Financial LLC has acquired a new stake in Celestica, Inc. worth approximately $298,000 during the first quarter, adding 3,776 shares to its portfolio.
• Celestica reported a quarterly earnings per share (EPS) of $1.39, exceeding the consensus estimate by $0.16, with a 21% increase in revenue compared to the same quarter last year.
• Wall Street ratings for Celestica have fluctuated, with Barclays raising its price target significantly to $220 while several analysts maintain a consensus rating of "Buy".

Intrua Financial LLC acquired a new stake in shares of Celestica, Inc. (NYSE:CLS - Free Report) TSE: CLS during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 3,776 shares of the technology company's stock, valued at approximately $298,000.

Other institutional investors also recently added to or reduced their stakes in the company. Rothschild Investment LLC bought a new stake in Celestica during the first quarter valued at about $26,000. ORG Partners LLC bought a new stake in Celestica during the first quarter valued at about $29,000. Center for Financial Planning Inc. bought a new stake in Celestica during the first quarter valued at about $30,000. Farther Finance Advisors LLC boosted its position in Celestica by 1,516.7% during the first quarter. Farther Finance Advisors LLC now owns 679 shares of the technology company's stock valued at $54,000 after purchasing an additional 637 shares in the last quarter. Finally, Flaharty Asset Management LLC bought a new stake in Celestica during the first quarter valued at about $63,000. Institutional investors own 67.38% of the company's stock.

Celestica Trading Down 1.7%

Shares of NYSE:CLS opened at $241.65 on Friday. Celestica, Inc. has a 52-week low of $44.46 and a 52-week high of $257.40. The stock has a market cap of $27.80 billion, a price-to-earnings ratio of 52.30 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. The business has a 50-day moving average price of $192.94 and a 200-day moving average price of $134.84.

Celestica (NYSE:CLS - Get Free Report) TSE: CLS last announced its quarterly earnings data on Monday, July 28th. The technology company reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.16. Celestica had a return on equity of 28.23% and a net margin of 5.11%.The firm had revenue of $2.89 billion during the quarter, compared to analysts' expectations of $2.65 billion. During the same period last year, the business posted $0.91 earnings per share. The company's revenue for the quarter 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. Equities analysts predict that Celestica, Inc. will post 4.35 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on CLS shares. Wall Street Zen downgraded Celestica from a "buy" rating to a "hold" rating in a research report on Saturday. Barclays raised their price target on Celestica from $146.00 to $220.00 and gave the stock an "overweight" rating in a report on Wednesday, July 30th. BMO Capital Markets reissued an "outperform" rating and issued a $130.00 price target (up previously from $118.00) on shares of Celestica in a report on Thursday, May 22nd. UBS Group reissued a "neutral" rating and issued a $208.00 price target (up previously from $101.00) on shares of Celestica in a report on Wednesday, July 30th. Finally, BNP Paribas raised Celestica to a "strong-buy" rating in a report on Wednesday, June 11th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Celestica presently has a consensus rating of "Buy" and a consensus target price of $174.75.

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.

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