<div id="readability-page-1"><p>J2 Capital Management Inc reduced its holdings in  Celestica, Inc. (NYSE:CLS - Free Report) <span>TSE: CLS<span></span></span> by 58.0% in the third quarter, according to its most recent filing with the Securities &amp; Exchange Commission. The institutional investor  owned 2,590 shares of the technology company's stock after selling 3,578 shares during the period. J2 Capital Management Inc's holdings in Celestica were worth $638,000 as of its most recent filing with the Securities &amp; Exchange Commission.</p><ul><li>3 Stocks Poised to Benefit From Google’s AI Breakthough</li></ul><p>A number of other large investors have also recently made changes to their positions in CLS. Golden State Wealth Management LLC lifted its holdings in shares of  Celestica by 102.5% in the 2nd quarter. Golden State Wealth Management LLC now owns 164 shares of the technology company's stock valued at $26,000 after acquiring an additional 83 shares during the last quarter.  Hilltop National Bank lifted its stake in shares of  Celestica by 86.0% in the 3rd quarter. Hilltop National Bank now owns 186 shares of the technology company's stock valued at $46,000 after purchasing an additional 86 shares during the last quarter.  ST Germain D J Co. Inc. purchased a new position in shares of  Celestica in the 2nd quarter worth approximately $37,000.  Twin Peaks Wealth Advisors LLC bought a new position in shares of  Celestica during the 2nd quarter valued at approximately $40,000.  Finally, First Horizon Advisors Inc. raised its holdings in  Celestica by 33.1% during the 2nd quarter. First Horizon Advisors Inc. now owns 350 shares of the technology company's stock valued at $55,000 after buying an additional 87 shares during the period. 67.38% of the stock is currently owned by institutional investors. </p><h2>Analysts Set New Price Targets</h2><p>A number of research analysts have weighed in on CLS shares. Weiss Ratings  reiterated a &#34;buy (b)&#34; rating on shares of Celestica in a research report on Wednesday, October 8th. BMO Capital Markets  set a $370.00 price target on shares of Celestica and gave the company an &#34;outperform&#34; rating in a report on Wednesday, October 29th. TD Cowen  reissued a &#34;hold&#34; rating and issued a $238.00 price objective on shares of Celestica in a research note on Friday, October 3rd. Royal Bank Of Canada upped their target price on Celestica from $315.00 to $400.00 and gave the company an &#34;outperform&#34; rating in a research note on Wednesday, October 29th. Finally, TD Securities increased their price target on Celestica from $238.00 to $305.00 and gave the stock a &#34;hold&#34; rating in a report on Wednesday, October 29th. One investment analyst  has rated the stock with a Strong Buy rating, thirteen have assigned  a Buy rating and three have assigned  a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $336.13.</p><ul><li>This mid-cap tech stock just jumped 30%...and is still cheap</li></ul><p><b>Check Out Our Latest Stock Report on CLS</b></p><h2>Insider Activity</h2><p>In related news, Director Laurette T. Koellner purchased 6,000 shares of Celestica stock in a transaction dated Thursday, October 30th. The stock was purchased at an average cost of $341.67 per share, with a total value of $2,050,020.00. Following the transaction, the director owned 6,000 shares in the company, valued at approximately $2,050,020. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities &amp; Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own  0.52% of the company's stock. </p><h2>Celestica Stock Performance</h2><ul><li>3 bullish mid-cap earnings plays for January 2024</li></ul><p>Shares of NYSE:CLS opened at $292.92 on Monday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.88 and a current ratio of 1.47. The firm has a market cap of $33.69 billion, a PE ratio of 47.55 and a beta of 1.83. The firm's 50 day simple moving average is $310.69 and its 200-day simple moving average is $233.74. Celestica, Inc. has a one year low of $58.05 and a one year high of $363.40. </p><p>Celestica (NYSE:CLS - Get Free Report) <span>TSE: CLS<span></span></span> last released its quarterly earnings data on Monday, October 27th. The technology company reported $1.58 EPS for the quarter, topping the consensus estimate of $1.45 by $0.13. Celestica had a return on equity of 30.53% and a net margin of 6.35%.The company had revenue of $3.19 billion for the quarter, compared to the consensus estimate of $3.01 billion. During the same period last year, the business posted $1.04 EPS. Celestica's quarterly revenue was up 27.8% on a year-over-year basis.  As a group, equities analysts predict that  Celestica, Inc. will post 4.35 EPS for the current year. </p><h2>Celestica Company Profile</h2> (Free Report)<p>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.  </p><p>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.</p><h2>Read More</h2><ul><li>Five stocks we like better than Celestica</li><li>Wall Street Stock picker Names #1 Stock of 2026</li><li>End of America update</li><li>They Laughed at $30. They Won’t Laugh at $70.</li><li>The McDonald's Secret</li><li>How Long Will $1M Last in Retirement?</li></ul><p><strong>Want to see what other hedge funds are holding CLS?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Celestica, Inc. (NYSE:CLS - Free Report) <span>TSE: CLS<span></span></span>.</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNMUw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNMUw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Celestica Right Now?</h2><p>Before you consider Celestica, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Celestica wasn't on the list.</p><p>While Celestica currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>J2 Capital Management Inc decreased its holdings in Celestica, Inc. by 58% in Q3. Analysts have set new price targets for Celestica, with a consensus rating of "Moderate Buy" and a target of $336.13. Celestica's stock opened at $292.92, with a market cap of $33.69 billion. The company reported Q3 earnings of $1.58 EPS, beating estimates, and revenue of $3.19 billion, up 27.8% year-over-year.</p>

J2 Capital Management Inc Decreases Stock Holdings in Celestica, Inc. $CLS