Stratos Wealth Partners LTD. Raises Position in Celestica, Inc. $CLS

Key Points

• Stratos Wealth Partners LTD. increased its stake in Celestica, Inc. by 25.1%, owning 65,008 shares worth approximately $10.15 million after adding 13,058 shares in the second quarter.
• Several research firms have upgraded their price targets for Celestica, with Barclays raising it from $146.00 to $220.00 and Canaccord Genuity increasing it from $126.00 to $240.00, reflecting strong confidence in the stock.
• Celestica reported a quarterly earnings per share (EPS) of $1.39, exceeding expectations and marking a 21.0% increase in revenue compared to the previous year, with a guidance of 1.370-1.530 EPS for Q3 2025.

Stratos Wealth Partners LTD. raised its position in shares of Celestica, Inc. (NYSE:CLS - Free Report) TSE: CLS by 25.1% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 65,008 shares of the technology company's stock after purchasing an additional 13,058 shares during the period. Stratos Wealth Partners LTD. owned approximately 0.06% of Celestica worth $10,148,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in CLS. Farther Finance Advisors LLC raised its position in Celestica by 1,516.7% during the first quarter. Farther Finance Advisors LLC now owns 679 shares of the technology company's stock valued at $54,000 after purchasing an additional 637 shares in the last quarter. Assenagon Asset Management S.A. purchased a new stake in Celestica during the first quarter valued at about $415,000. Wealth Enhancement Advisory Services LLC raised its position in Celestica by 66.9% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 7,334 shares of the technology company's stock valued at $578,000 after purchasing an additional 2,941 shares in the last quarter. Kingswood Wealth Advisors LLC purchased a new stake in Celestica during the first quarter valued at about $264,000. Finally, ORG Partners LLC purchased a new stake in Celestica during the first quarter valued at about $29,000. Hedge funds and other institutional investors own 67.38% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on CLS. Barclays raised 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. UBS Group reaffirmed a "neutral" rating and set a $208.00 price objective (up from $101.00) on shares of Celestica in a research note on Wednesday, July 30th. Canaccord Genuity Group lifted their price objective on Celestica from $126.00 to $240.00 and gave the stock a "buy" rating in a report on Wednesday, July 30th. BNP Paribas reiterated an "outperform" rating and issued a $300.00 price objective on shares of Celestica in a report on Thursday, September 25th. Finally, The Goldman Sachs Group assumed coverage on Celestica in a report on Thursday. They issued a "buy" rating and a $340.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $229.00.

Celestica Stock Down 1.0%

CLS opened at $277.09 on Friday. The company has a market cap of $31.87 billion, a P/E ratio of 59.98 and a beta of 1.88. The business's 50-day moving average price is $230.90 and its 200-day moving average price is $162.55. The company has a current ratio of 1.44, a quick ratio of 0.86 and a debt-to-equity ratio of 0.48. Celestica, Inc. has a 12 month low of $55.30 and a 12 month high of $296.85.

Celestica (NYSE:CLS - Get Free Report) TSE: CLS last announced its quarterly earnings results on Monday, July 28th. The technology company reported $1.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.23 by $0.16. The company had revenue of $2.89 billion for the quarter, compared to the consensus estimate of $2.65 billion. Celestica had a return on equity of 28.23% and a net margin of 5.11%.Celestica's revenue was up 21.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.91 EPS. Celestica has set its Q3 2025 guidance at 1.370-1.530 EPS. FY 2025 guidance at 5.500-5.500 EPS. On average, equities analysts expect 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.

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