CECO Environmental Corp. $CECO Stake Raised by Emerald Mutual Fund Advisers Trust

Emerald Mutual Fund Advisers Trust raised its holdings in CECO Environmental Corp. (NASDAQ:CECO) by 20.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 314,005 shares of the company’s stock after acquiring an additional 53,407 shares during the quarter. Emerald Mutual Fund Advisers Trust’s holdings in CECO Environmental were worth $18,708,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. ProShare Advisors LLC grew its stake in shares of CECO Environmental by 8.0% in the 4th quarter. ProShare Advisors LLC now owns 5,390 shares of the company’s stock worth $323,000 after purchasing an additional 399 shares during the last quarter. Osaic Holdings Inc. lifted 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 purchasing an additional 412 shares during the last quarter. Ellsworth Advisors LLC lifted its stake in CECO Environmental by 3.2% during the fourth quarter. Ellsworth Advisors LLC now owns 15,047 shares of the company’s stock valued at $996,000 after purchasing an additional 462 shares during the last quarter. Morton Brown Family Wealth LLC bought a new stake in CECO Environmental during the first quarter worth approximately $29,000. Finally, Caitong International Asset Management Co. Ltd bought a new stake in CECO Environmental during the third quarter worth approximately $25,000. Institutional investors own 68.08% of the company’s stock.

Insiders Place Their Bets

In other CECO Environmental news, Director Jason Dezwirek sold 34,000 shares of the business’s stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $96.61, for a total transaction of $3,284,740.00. Following the sale, the director directly owned 166,000 shares of the company’s stock, valued at $16,037,260. The trade was a 17.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Peter K. Johansson sold 30,000 shares of the stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $96.49, for a total value of $2,894,700.00. Following the completion of the sale, the chief financial officer owned 40,746 shares of the company’s stock, valued at $3,931,581.54. The trade was a 42.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 16.90% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on CECO. Lake Street Capital upped their price target on CECO Environmental from $80.00 to $111.00 and gave the company a “buy” rating in a report on Wednesday, June 10th. Roth Capital reissued a “buy” rating and set a $85.00 price objective on shares of CECO Environmental in a research note on Wednesday, April 29th. Northland Securities set a $118.00 price objective on CECO Environmental in a research note on Friday, June 12th. Craig Hallum restated a “buy” rating and issued a $103.00 target price on shares of CECO Environmental in a report on Tuesday, April 28th. Finally, Needham & Company LLC boosted their target price on CECO Environmental from $90.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, June 10th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $106.71.

CECO Environmental Stock Performance

CECO Environmental stock opened at $81.90 on Tuesday. The firm’s 50 day simple moving average is $86.05 and its 200-day simple moving average is $72.04. The company has a market cap of $2.94 billion, a P/E ratio of 221.35 and a beta of 1.47. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.33 and a quick ratio of 1.18. CECO Environmental Corp. has a fifty-two week low of $29.84 and a fifty-two week high of $101.24.

CECO Environmental (NASDAQ:CECO) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.24. The business had revenue of $205.92 million for the quarter, compared to analyst estimates of $198.88 million. CECO Environmental had a net margin of 1.70% and a return on equity of 13.69%. The firm’s revenue was up 16.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.10 earnings per share. As a group, equities research analysts predict that CECO Environmental Corp. will post 1.96 EPS for the current year.

CECO Environmental 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.