Celestica, Inc. $CLS Shares Sold by State of Wyoming

Key Points

• The State of Wyoming has reduced its stake in Celestica, Inc. by 65.5%, now holding only 2,508 shares valued at $198,000 following the sale of 4,765 shares.
• Several institutional investors increased their stakes in Celestica significantly, with Tower Research Capital boosting its holdings by 596.5% in the last quarter.
• Celestica recently reported earnings of $1.39 EPS, surpassing expectations, and projected an EPS guidance of 1.370-1.530 for Q3 2025.

State of Wyoming trimmed its position in shares of Celestica, Inc. (NYSE:CLS - Free Report) TSE: CLS by 65.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,508 shares of the technology company's stock after selling 4,765 shares during the quarter. State of Wyoming's holdings in Celestica were worth $198,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. CoreCap Advisors LLC boosted its stake in shares of Celestica by 5.4% in the fourth quarter. CoreCap Advisors LLC now owns 1,760 shares of the technology company's stock valued at $162,000 after buying an additional 90 shares in the last quarter. Freedom Investment Management Inc. boosted its stake in shares of Celestica by 1.5% in the first quarter. Freedom Investment Management Inc. now owns 6,360 shares of the technology company's stock valued at $501,000 after buying an additional 96 shares in the last quarter. First National Bank of Hutchinson boosted its stake in shares of Celestica by 2.5% in the first quarter. First National Bank of Hutchinson now owns 4,914 shares of the technology company's stock valued at $387,000 after buying an additional 120 shares in the last quarter. Private Trust Co. NA boosted its stake in shares of Celestica by 14.1% in the first quarter. Private Trust Co. NA now owns 993 shares of the technology company's stock valued at $78,000 after buying an additional 123 shares in the last quarter. Finally, Csenge Advisory Group boosted its stake in shares of Celestica by 7.1% in the first quarter. Csenge Advisory Group now owns 2,593 shares of the technology company's stock valued at $218,000 after buying an additional 171 shares in the last quarter. 67.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on CLS shares. Royal Bank Of Canada lifted their price target on Celestica from $185.00 to $225.00 and gave the company an "outperform" rating in a research note on Wednesday, July 30th. BMO Capital Markets restated an "outperform" rating and issued a $130.00 price target (up from $118.00) on shares of Celestica in a research note on Thursday, May 22nd. JPMorgan Chase & Co. lifted their price target on Celestica from $170.00 to $225.00 and gave the company an "overweight" rating in a research note on Wednesday, July 30th. BNP Paribas upgraded Celestica to a "strong-buy" rating in a research report on Wednesday, June 11th. Finally, Canaccord Genuity Group increased their price objective on shares of Celestica from $126.00 to $240.00 and gave the company a "buy" rating in a research note on Wednesday, July 30th. Two research 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 company. According to MarketBeat, Celestica currently has a consensus rating of "Buy" and an average price target of $168.92.

Celestica Trading Up 9.7%

Celestica stock traded up $21.49 during trading on Friday, hitting $242.83. The company's stock had a trading volume of 7,692,106 shares, compared to its average volume of 2,812,783. The stock has a market capitalization of $27.93 billion, a price-to-earnings ratio of 52.56 and a beta of 1.89. The stock's fifty day moving average is $183.98 and its 200 day moving average is $130.49. Celestica, Inc. has a 1-year low of $40.65 and a 1-year high of $257.40. 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 earnings results on Monday, July 28th. The technology company reported $1.39 EPS for the quarter, beating the consensus estimate of $1.23 by $0.16. The firm had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.65 billion. Celestica had a return on equity of 28.23% and a net margin of 5.11%.The business's quarterly revenue was up 21.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $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, equities research analysts predict that Celestica, Inc. will post 4.35 EPS for the current year.

Celestica 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.