Junto Capital Management LP Makes New $43.46 Million Investment in Celestica, Inc. $CLS

Key Points

• Junto Capital Management acquired 119,137 Celestica shares worth approximately $43.46 million, while institutional investors collectively owned 67.38% of the company at the end of the quarter.
• Celestica reported strong quarterly results, with EPS of $2.54 beating estimates by $0.25 and revenue of $4.68 billion rising 62.4% year over year. The company issued FY 2026 EPS guidance of $11.30.
• Analysts maintain a broadly positive outlook, with a consensus “Buy” rating and an average price target of $439.81 versus the reported share price of $333.38, although company insiders have sold significant shares in recent months.

Junto Capital Management LP purchased a new position in Celestica, Inc. (NYSE:CLS - Free Report) TSE: CLS in the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 119,137 shares of the technology company's stock, valued at approximately $43,461,000. Junto Capital Management LP owned 0.10% of Celestica at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Sequoia Financial Advisors LLC raised its holdings in Celestica by 0.9% during the second quarter. Sequoia Financial Advisors LLC now owns 4,363 shares of the technology company's stock worth $1,592,000 after purchasing an additional 40 shares in the last quarter. Tidal Investments LLC boosted its stake in Celestica by 198.2% during the 2nd quarter. Tidal Investments LLC now owns 106,509 shares of the technology company's stock valued at $38,854,000 after purchasing an additional 70,794 shares in the last quarter. IPG Investment Advisors LLC boosted its stake in Celestica by 449.7% during the 2nd quarter. IPG Investment Advisors LLC now owns 5,360 shares of the technology company's stock valued at $1,954,000 after purchasing an additional 4,385 shares in the last quarter. Whetstone Capital Advisors LLC acquired a new position in shares of Celestica during the 2nd quarter valued at $281,000. Finally, WINTON GROUP Ltd increased its position in shares of Celestica by 109.3% during the 2nd quarter. WINTON GROUP Ltd now owns 3,140 shares of the technology company's stock valued at $1,145,000 after purchasing an additional 1,640 shares during the period. 67.38% of the stock is currently owned by institutional investors.

Celestica Stock Performance

Shares of NYSE CLS opened at $333.38 on Thursday. The stock's fifty day simple moving average is $325.59 and its 200 day simple moving average is $336.91. The stock has a market capitalization of $38.33 billion, a price-to-earnings ratio of 34.65 and a beta of 2.04. The company has a quick ratio of 0.68, a current ratio of 1.23 and a debt-to-equity ratio of 0.32. Celestica, Inc. has a 52-week low of $227.00 and a 52-week high of $474.02.

Celestica (NYSE:CLS - Get Free Report) TSE: CLS last announced its earnings results on Monday, July 27th. The technology company reported $2.54 EPS for the quarter, beating the consensus estimate of $2.29 by $0.25. Celestica had a return on equity of 39.96% and a net margin of 7.16%.The business had revenue of $4.68 billion during the quarter, compared to the consensus estimate of $4.30 billion. During the same period in the prior year, the business posted $1.39 earnings per share. Celestica's revenue was up 62.4% compared to the same quarter last year. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. As a group, sell-side analysts forecast that Celestica, Inc. will post 10.71 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. BWS Financial restated a "buy" rating on shares of Celestica in a report on Tuesday, July 28th. Scotiabank initiated coverage on shares of Celestica in a research report on Tuesday, August 11th. They issued a "sector outperform" rating and a $500.00 price target on the stock. Wall Street Zen downgraded shares of Celestica from a "buy" rating to a "hold" rating in a report on Sunday. UBS Group upgraded shares of Celestica from a "neutral" rating to a "buy" rating and raised their price objective for the company from $410.00 to $430.00 in a research report on Monday, August 24th. Finally, Stifel Nicolaus set a $500.00 price objective on shares of Celestica in a research note on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $439.81.

Insider Activity

In related news, CEO Robert Mionis sold 23,496 shares of the company's stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $362.39, for a total value of $8,514,715.44. Following the completion of the sale, the chief executive officer owned 23,396 shares in the company, valued at approximately $8,478,476.44. This represents a 50.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Mandeep Chawla sold 16,117 shares of the firm's stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $369.32, for a total transaction of $5,952,330.44. Following the completion of the transaction, the chief financial officer directly owned 65,444 shares of the company's stock, valued at $24,169,778.08. This represents a 19.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 356,553 shares of company stock worth $135,238,444. Corporate insiders own 1.10% of the company's stock.

Celestica Profile

Celestica Inc NYSE: CLS is a global provider of design, manufacturing, and supply chain solutions for technology companies and other businesses. The company helps customers develop, manufacture, and support complex electronic products and systems, offering services that span product design and engineering, prototyping, printed circuit board assembly, systems integration, testing, supply chain management, and after-market support.

Celestica serves customers across several markets, including communications and cloud infrastructure, aerospace and defense, industrial technology, health technology, and capital equipment.

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