Little House Capital LLC Invests $998,000 in Celestica, Inc. $CLS

Key Points

• Little House Capital LLC has invested approximately $998,000 in Celestica, acquiring a total of 6,393 shares of the technology company.
• Celestica reported a 21% year-over-year increase in revenue, with a quarterly earnings per share (EPS) of $1.39, surpassing analysts' expectations.
• Institutional investors own about 67.38% of Celestica's stock, with several firms significantly increasing their holdings in the recent quarter.

Little House Capital LLC bought a new position in Celestica, Inc. (NYSE:CLS - Free Report) TSE: CLS during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 6,393 shares of the technology company's stock, valued at approximately $998,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CLS. Deutsche Bank AG increased its holdings in Celestica by 226.9% during the fourth quarter. Deutsche Bank AG now owns 21,442 shares of the technology company's stock worth $1,979,000 after buying an additional 14,883 shares during the last quarter. Gotham Asset Management LLC purchased a new position in Celestica in the fourth quarter valued at approximately $697,000. Royal Bank of Canada lifted its stake in Celestica by 23.0% in the fourth quarter. Royal Bank of Canada now owns 1,261,172 shares of the technology company's stock valued at $116,406,000 after purchasing an additional 236,124 shares during the last quarter. Toronto Dominion Bank lifted its stake in Celestica by 702.1% in the fourth quarter. Toronto Dominion Bank now owns 95,173 shares of the technology company's stock valued at $8,772,000 after purchasing an additional 83,308 shares during the last quarter. Finally, State of Wyoming lifted its stake in Celestica by 16.9% in the fourth quarter. State of Wyoming now owns 7,273 shares of the technology company's stock valued at $671,000 after purchasing an additional 1,054 shares during the last quarter. Hedge funds and other institutional investors own 67.38% of the company's stock.

Celestica Stock Up 3.1%

CLS opened at $249.33 on Tuesday. The stock has a market cap of $28.68 billion, a PE ratio of 53.97 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. Celestica, Inc. has a 52 week low of $44.46 and a 52 week high of $257.40. The business's fifty day simple moving average is $194.85 and its 200 day simple moving average is $136.19.

Celestica (NYSE:CLS - Get Free Report) TSE: CLS last released its earnings results on Monday, July 28th. The technology company reported $1.39 EPS for the quarter, beating analysts' consensus estimates of $1.23 by $0.16. The business had revenue of $2.89 billion for the quarter, compared to analysts' expectations of $2.65 billion. Celestica had a return on equity of 28.23% and a net margin of 5.11%.The firm's revenue was up 21.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.91 earnings per share. Celestica has set its Q3 2025 guidance at 1.370-1.530 EPS. FY 2025 guidance at 5.500-5.500 EPS. As a group, research analysts expect that Celestica, Inc. will post 4.35 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. UBS Group reiterated a "neutral" rating and issued a $208.00 price objective (up previously from $101.00) on shares of Celestica in a research note on Wednesday, July 30th. Canaccord Genuity Group upped their price objective on Celestica from $126.00 to $240.00 and gave the company a "buy" rating in a research note on Wednesday, July 30th. CICC Research assumed coverage on Celestica in a research note on Tuesday, August 19th. They issued an "outperform" rating on the stock. BMO Capital Markets reiterated an "outperform" rating and issued a $130.00 price objective (up previously from $118.00) on shares of Celestica in a research note on Thursday, May 22nd. Finally, Wall Street Zen downgraded Celestica from a "buy" rating to a "hold" rating in a research note on Saturday. Two 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 stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $174.75.

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.

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