UBS Group AG Boosts Stock Holdings in CECO Environmental Corp. $CECO

UBS Group AG boosted its stake in shares of CECO Environmental Corp. (NASDAQ:CECO) by 449.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 267,288 shares of the company’s stock after acquiring an additional 218,599 shares during the period. UBS Group AG’s holdings in CECO Environmental were worth $15,997,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Osaic Holdings Inc. grew its stake in CECO Environmental by 3.5% during the second quarter. Osaic Holdings Inc. now owns 12,297 shares of the company’s stock valued at $348,000 after acquiring an additional 412 shares in the last quarter. Ellsworth Advisors LLC grew its stake in shares of CECO Environmental by 3.2% in the 4th quarter. Ellsworth Advisors LLC now owns 15,047 shares of the company’s stock worth $996,000 after buying an additional 462 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in shares of CECO Environmental in the 3rd quarter worth $25,000. Aventura Private Wealth LLC purchased a new position in shares of CECO Environmental in the 4th quarter worth $30,000. Finally, OFI Invest Asset Management grew its stake in shares of CECO Environmental by 3.2% in the 4th quarter. OFI Invest Asset Management now owns 18,082 shares of the company’s stock worth $1,082,000 after buying an additional 562 shares in the last quarter. 68.08% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Zacks Research raised shares of CECO Environmental from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. Roth Mkm reissued a “buy” rating and issued a $85.00 price objective on shares of CECO Environmental in a research note on Wednesday, April 29th. Weiss Ratings cut shares of CECO Environmental from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 8th. Needham & Company LLC lifted their price objective on shares of CECO Environmental from $80.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Finally, Lake Street Capital reissued a “buy” rating and issued a $80.00 price objective on shares of CECO Environmental in a research note on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $86.83.

CECO Environmental Price Performance

CECO stock opened at $83.14 on Thursday. CECO Environmental Corp. has a 12 month low of $25.58 and a 12 month high of $90.25. The company has a current ratio of 1.33, a quick ratio of 1.18 and a debt-to-equity ratio of 0.78. The company has a 50-day moving average price of $64.09 and a 200 day moving average price of $62.12. The stock has a market cap of $2.98 billion, a PE ratio of 224.70 and a beta of 1.53.

CECO Environmental (NASDAQ:CECO) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.24. CECO Environmental had a net margin of 1.70% and a return on equity of 13.69%. The firm had revenue of $205.92 million during the quarter, compared to analysts’ expectations of $198.88 million. During the same period in the previous year, the company earned $0.10 EPS. The firm’s revenue for the quarter was up 16.5% compared to the same quarter last year. Equities research analysts anticipate that CECO Environmental Corp. will post 1.77 earnings per share for the current year.

About CECO Environmental

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.