Vanguard Group Inc. Increases Stake in Celestica, Inc. $CLS

Key Points

• Vanguard boosted its stake in Celestica by 1.5% in Q4 to 4,811,695 shares (a 4.18% stake) valued at about $1.423 billion, reflecting continued institutional buying.
• Celestica beat quarterly EPS estimates ($2.16 vs. $2.08) with revenue up 52.8% year-over-year and set FY2026 guidance at roughly 10.15 EPS, while analysts have a consensus "Moderate Buy" rating and a $427.42 average target.
• Company insiders have been net sellers recently—297,923 shares worth about $88.0 million were sold over the last three months (insiders now own 1.10%)—which could temper investor sentiment despite institutional interest.

Vanguard Group Inc. boosted its position in Celestica, Inc. (NYSE:CLS - Free Report) TSE: CLS by 1.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 4,811,695 shares of the technology company's stock after acquiring an additional 73,022 shares during the period. Vanguard Group Inc. owned 4.18% of Celestica worth $1,423,333,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. MassMutual Private Wealth & Trust FSB increased its stake in shares of Celestica by 42.5% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 124 shares of the technology company's stock worth $31,000 after purchasing an additional 37 shares in the last quarter. First Horizon Corp purchased a new stake in shares of Celestica during the 3rd quarter valued at approximately $31,000. Atlantic Edge Private Wealth Management LLC bought a new position in Celestica in the 4th quarter worth approximately $38,000. Avion Wealth purchased a new position in Celestica in the 3rd quarter valued at approximately $40,000. Finally, Fifth Third Bancorp grew its stake in Celestica by 48.7% in the 3rd quarter. Fifth Third Bancorp now owns 171 shares of the technology company's stock valued at $42,000 after buying an additional 56 shares in the last quarter. 67.38% of the stock is owned by hedge funds and other institutional investors.

Celestica Stock Performance

Shares of NYSE CLS opened at $410.19 on Friday. The stock has a market cap of $47.16 billion, a price-to-earnings ratio of 49.60, a P/E/G ratio of 1.13 and a beta of 1.88. The company has a current ratio of 1.26, a quick ratio of 0.88 and a debt-to-equity ratio of 0.36. Celestica, Inc. has a 1-year low of $89.02 and a 1-year high of $423.25. The stock's 50-day moving average is $313.88 and its 200 day moving average is $309.08.

Celestica (NYSE:CLS - Get Free Report) TSE: CLS last announced its quarterly earnings data on Monday, April 27th. The technology company reported $2.16 earnings per share for the quarter, beating analysts' consensus estimates of $2.08 by $0.08. The company had revenue of $3.96 billion for the quarter, compared to analysts' expectations of $3.97 billion. Celestica had a return on equity of 36.91% and a net margin of 6.95%.Celestica's revenue for the quarter was up 52.8% compared to the same quarter last year. During the same period last year, the firm posted $1.20 EPS. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. On average, sell-side analysts anticipate that Celestica, Inc. will post 8.5 EPS for the current fiscal year.

Insider Activity

In other news, President Todd C. Cooper sold 89,484 shares of the business's stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $287.45, for a total transaction of $25,722,175.80. Following the transaction, the president directly owned 108,970 shares of the company's stock, valued at approximately $31,323,426.50. The trade was a 45.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Jason Phillips sold 100,000 shares of the business's stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $308.92, for a total value of $30,892,000.00. Following the transaction, the president directly owned 12,584 shares in the company, valued at $3,887,449.28. This trade represents a 88.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 297,923 shares of company stock valued at $88,027,459. Company insiders own 1.10% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on CLS. The Goldman Sachs Group restated a "buy" rating and set a $475.00 target price on shares of Celestica in a research report on Tuesday. Bank of America increased their price objective on Celestica from $400.00 to $430.00 and gave the stock a "buy" rating in a report on Monday, April 20th. Canadian Imperial Bank of Commerce restated an "outperform" rating and issued a $480.00 target price on shares of Celestica in a research note on Wednesday. TD Securities raised Celestica from a "hold" rating to a "buy" rating and set a $430.00 target price for the company in a report on Wednesday. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Celestica in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $427.42.

Celestica Profile

Celestica Inc is a multinational electronics manufacturing services (EMS) company that provides design, engineering, manufacturing and supply chain solutions to original equipment manufacturers across a range of industries. Headquartered in Toronto, Ontario, Canada, Celestica works with customers to develop and produce complex electronic and electro-mechanical products, integrating activities from product design and prototyping through high-volume assembly, testing and final system integration.

The company's service offering typically includes product engineering and design support, printed circuit board assembly, box-build and systems assembly, automated test and inspection, aftermarket repair and refurbishment, and end-to-end supply chain and logistics management.

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