Nykredit A S Buys Shares of 25,458 Celestica, Inc. $CLS

Key Points

• Nykredit A/S initiated a position in Celestica by purchasing 25,458 shares valued at approximately $9.28 million. Institutional investors collectively own 67.38% of the company.
• Celestica reported strong quarterly results, with EPS of $2.54 beating estimates of $2.29 and revenue of $4.68 billion exceeding forecasts. Revenue increased 62.4% year over year, and management issued fiscal 2026 EPS guidance of $11.30.
• Analysts maintain a broadly positive outlook, with a consensus “Buy” rating and average target price of $440.50, although company insiders sold roughly $73.4 million in shares during the latest quarter.

Nykredit A S purchased a new position in shares of Celestica, Inc. (NYSE:CLS - Free Report) TSE: CLS in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 25,458 shares of the technology company's stock, valued at approximately $9,281,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Legacy Wealth Managment LLC ID boosted its stake in Celestica by 14.4% in the first quarter. Legacy Wealth Managment LLC ID now owns 223 shares of the technology company's stock valued at $63,000 after acquiring an additional 28 shares during the last quarter. Capital Planning LLC raised its position in shares of Celestica by 3.2% during the 1st quarter. Capital Planning LLC now owns 1,025 shares of the technology company's stock valued at $289,000 after acquiring an additional 32 shares during the last quarter. PCB Capital LLC raised its position in shares of Celestica by 3.5% during the 1st quarter. PCB Capital LLC now owns 995 shares of the technology company's stock valued at $280,000 after acquiring an additional 34 shares during the last quarter. XML Financial LLC lifted its stake in shares of Celestica by 1.5% in the 2nd quarter. XML Financial LLC now owns 2,640 shares of the technology company's stock valued at $963,000 after purchasing an additional 40 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Celestica by 8.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 569 shares of the technology company's stock valued at $160,000 after purchasing an additional 43 shares during the period. 67.38% of the stock is owned by institutional investors.

Celestica Stock Up 0.1%

Shares of Celestica stock opened at $333.01 on Monday. The firm has a market cap of $38.29 billion, a PE ratio of 34.62 and a beta of 2.04. The business's 50 day simple moving average is $322.52 and its 200 day simple moving average is $338.92. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.68 and a current ratio of 1.23. 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 released its quarterly earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share for the quarter, topping analysts' consensus estimates of $2.29 by $0.25. The firm had revenue of $4.68 billion during the quarter, compared to the consensus estimate of $4.30 billion. Celestica had a return on equity of 39.96% and a net margin of 7.16%.The business's revenue was up 62.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.39 EPS. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. On average, analysts predict that Celestica, Inc. will post 10.71 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Wall Street Zen cut Celestica from a "buy" rating to a "hold" rating in a research note on Sunday, September 6th. TD set a $430.00 target price on Celestica and gave the company a "buy" rating in a research note on Wednesday, September 16th. BWS Financial restated a "buy" rating on shares of Celestica in a report on Tuesday, July 28th. FBN Securities began coverage on Celestica in a research report on Tuesday, September 15th. They set an "outperform" rating and a $375.00 target price for the company. Finally, Weiss Ratings cut Celestica from a "buy (b)" rating to a "buy (b-)" rating in a research note on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating and twenty-three have issued a Buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $440.50.

Insider Buying and Selling at Celestica

In other Celestica news, CFO Mandeep Chawla sold 16,117 shares of Celestica stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $369.32, for a total value of $5,952,330.44. Following the sale, the chief financial officer directly owned 65,444 shares in the company, valued at approximately $24,169,778.08. The trade was a 19.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Robert Mionis sold 23,496 shares of the business's stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $362.39, for a total transaction of $8,514,715.44. Following the sale, the chief executive officer directly owned 23,396 shares in the company, valued at $8,478,476.44. This trade represents a 50.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 199,553 shares of company stock worth $73,437,196 over the last quarter. Company 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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