Junto Capital Management purchased 119,137 shares of Celestica for approximately $43.46 million. Tidal Investments LLC recently increased its position by 198.2%. Total institutional ownership now reaches 67.38%.
Celestica continues to benefit from accelerating demand for AI infrastructure. The company reported quarterly revenue of $4.68 billion, a 62.4% increase year-over-year. Earnings per share reached $2.54, beating analyst estimates by $0.25.
Market analysts maintain a consensus Buy rating for the company. The average price target is currently $439.81.