169,886 Shares in CECO Environmental Corp. $CECO Purchased by Walleye Capital LLC

Walleye Capital LLC bought a new position in CECO Environmental Corp. (NASDAQ:CECO) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 169,886 shares of the company’s stock, valued at approximately $15,415,000. Walleye Capital LLC owned about 0.47% of CECO Environmental as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. GAMMA Investing LLC raised its position in shares of CECO Environmental by 71.6% during the 2nd quarter. GAMMA Investing LLC now owns 369 shares of the company’s stock worth $33,000 after purchasing an additional 154 shares during the period. ProShare Advisors LLC boosted its position in CECO Environmental by 8.0% during the 4th quarter. ProShare Advisors LLC now owns 5,390 shares of the company’s stock valued at $323,000 after purchasing an additional 399 shares during the period. Osaic Holdings Inc. grew its stake in CECO Environmental by 3.5% during the 2nd quarter. Osaic Holdings Inc. now owns 12,297 shares of the company’s stock worth $348,000 after buying an additional 412 shares during the last quarter. Morton Brown Family Wealth LLC acquired a new stake in CECO Environmental in the first quarter worth $29,000. Finally, Caitong International Asset Management Co. Ltd bought a new stake in CECO Environmental in the third quarter valued at $25,000. 68.08% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently commented on CECO. Northland Securities set a $125.00 price target on shares of CECO Environmental in a research report on Thursday. Zacks Research lowered shares of CECO Environmental from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Roth Capital restated a “buy” rating and issued a $85.00 target price on shares of CECO Environmental in a research report on Wednesday, April 29th. TD Cowen assumed coverage on shares of CECO Environmental in a research note on Wednesday, August 5th. They issued a “buy” rating and a $85.00 price target on the stock. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $110.00 price target on shares of CECO Environmental in a report on Tuesday. Eight equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, CECO Environmental has an average rating of “Moderate Buy” and an average target price of $104.88.

CECO Environmental Price Performance

Shares of CECO opened at $79.59 on Friday. The firm has a market capitalization of $2.85 billion, a price-to-earnings ratio of -115.35 and a beta of 1.51. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.18 and a current ratio of 1.50. CECO Environmental Corp. has a one year low of $42.78 and a one year high of $101.24. The stock’s fifty day moving average is $82.34 and its 200-day moving average is $73.81.

CECO Environmental (NASDAQ:CECO) last issued its quarterly earnings data on Monday, August 10th. The company reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.21. The business had revenue of $284.96 million for the quarter, compared to analysts’ expectations of $282.21 million. CECO Environmental had a negative net margin of 3.39% and a positive return on equity of 7.36%. The company’s revenue was up 53.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.26 earnings per share. Equities analysts anticipate that CECO Environmental Corp. will post 2.35 EPS for the current year.

Insider Buying and Selling at CECO Environmental

In related news, Director Richard F. Wallman purchased 20,000 shares of CECO Environmental stock in a transaction dated Monday, June 1st. The stock was bought at an average cost of $76.85 per share, with a total value of $1,537,000.00. Following the purchase, the director owned 105,500 shares in the company, valued at approximately $8,107,675. The trade was a 23.39% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Peter K. Johansson sold 30,000 shares of the stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $96.49, for a total transaction of $2,894,700.00. Following the completion of the transaction, the chief financial officer owned 40,746 shares of the company’s stock, valued at $3,931,581.54. This trade represents a 42.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 18.40% of the stock is owned by corporate insiders.

Trending Headlines about CECO Environmental

Here are the key news stories impacting CECO Environmental this week:

• Positive Sentiment: Northland Securities raised its earnings forecasts. The firm increased its FY2026 EPS estimate to $2.24 from $1.96, above the broader consensus of $2.12. It also raised its Q4 2026 estimate to $0.90 from $0.82, Q1 2027 to $0.58 from $0.57, and Q3 2027 to $0.76 from $0.73, signaling improving expectations for CECO’s earnings outlook. Northland Securities earnings estimate revisions
• Positive Sentiment: CECO was added to Zacks’ Rank #1 (Strong Buy) list. The inclusion may attract momentum-oriented investors and supports the positive near-term trading sentiment. New Strong Buy Stocks for August 14th
• Positive Sentiment: Needham reiterated its Buy rating on CECO, providing continued support from the analyst community. Needham reiterates Buy rating
• Neutral Sentiment: A Zacks comparison examined CECO’s performance against industrial-products peers, including Helios Technologies, but the available report details do not provide the comparative returns or a specific new valuation catalyst. CECO peer performance comparison
• Negative Sentiment: Zacks Research downgraded CECO from Strong Buy to Hold. This conflicting signal could limit upside and encourage some investors to take profits, although it is offset by the new Zacks Strong Buy list inclusion and other bullish analyst actions. Zacks Research rating downgrade

CECO Environmental Company Profile

CECO Environmental Corp. (NASDAQ: CECO) is a global technology provider specializing in engineered solutions that help industrial and commercial customers manage air emissions, process fluids and optimize energy use. The company develops custom-engineered systems and modular packages designed to meet evolving environmental regulations and improve operational efficiency across diverse production processes.

CECO’s core offerings include air pollution control equipment—such as scrubbers, cyclones, fabric and cartridge filters—and industrial process filtration systems for applications ranging from particulate removal to oil-water separation.