Robeco Institutional Asset Management B.V. Makes New $4.51 Million Investment in Celestica, Inc. $CLS

Key Points

• Robeco Institutional Asset Management B.V. has made a new investment of approximately $4.51 million in Celestica, acquiring 28,860 shares in the second quarter.
• Celestica reported a 21% increase in quarterly revenue year-over-year, totaling $2.89 billion, and exceeded analysts' earnings expectations with an EPS of $1.39.
• The stock has a current consensus rating of "Moderate Buy" from analysts, with a target price of $207.38, indicating strong expected performance moving forward.

Robeco Institutional Asset Management B.V. acquired a new position in shares of Celestica, Inc. (NYSE:CLS - Free Report) TSE: CLS in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 28,860 shares of the technology company's stock, valued at approximately $4,505,000.

Several other large investors also recently bought and sold shares of the company. XML Financial LLC purchased a new stake in Celestica during the 2nd quarter worth approximately $285,000. Janney Montgomery Scott LLC increased its stake in Celestica by 22.4% during the 2nd quarter. Janney Montgomery Scott LLC now owns 42,678 shares of the technology company's stock worth $6,662,000 after buying an additional 7,818 shares in the last quarter. Oakworth Capital Inc. purchased a new stake in Celestica during the 2nd quarter worth approximately $73,000. Wolff Wiese Magana LLC increased its stake in Celestica by 45.6% during the 2nd quarter. Wolff Wiese Magana LLC now owns 364 shares of the technology company's stock worth $57,000 after buying an additional 114 shares in the last quarter. Finally, Global Trust Asset Management LLC increased its stake in Celestica by 22.6% during the 2nd quarter. Global Trust Asset Management LLC now owns 5,086 shares of the technology company's stock worth $794,000 after buying an additional 938 shares in the last quarter. 67.38% of the stock is currently owned by hedge funds and other institutional investors.

Celestica Trading Up 0.7%

CLS opened at $235.31 on Tuesday. Celestica, Inc. has a one year low of $53.37 and a one year high of $261.83. The stock has a market capitalization of $27.07 billion, a PE ratio of 50.93 and a beta of 1.88. The business's 50 day moving average price is $220.34 and its 200 day moving average price is $152.77. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.86 and a current ratio of 1.44.

Celestica (NYSE:CLS - Get Free Report) TSE: CLS last released its quarterly earnings data on Monday, July 28th. The technology company reported $1.39 EPS for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $2.65 billion. During the same period in the prior year, the firm posted $0.91 earnings per share. The firm's quarterly revenue was up 21.0% on a year-over-year basis. 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, equities research analysts expect that Celestica, Inc. will post 4.35 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on CLS shares. TD Cowen restated a "hold" rating and issued a $238.00 price target on shares of Celestica in a research report on Friday. CICC Research started coverage on Celestica in a research report on Tuesday, August 19th. They issued an "outperform" rating for the company. Citigroup upped their price target on Celestica from $172.00 to $212.00 and gave the company a "neutral" rating in a research report on Wednesday, July 30th. Barclays upped their price target on Celestica from $146.00 to $220.00 and gave the company an "overweight" rating in a research report on Wednesday, July 30th. Finally, Wall Street Zen upgraded Celestica from a "hold" rating to a "buy" rating in a research report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $207.38.

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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