State of Wyoming Invests $715,000 in CECO Environmental Corp. $CECO

State of Wyoming purchased a new stake in CECO Environmental Corp. (NASDAQ:CECO) in the second quarter, HoldingsChannel reports. The firm purchased 7,878 shares of the company’s stock, valued at approximately $715,000.

A number of other hedge funds have also modified their holdings of CECO. Peregrine Asset Advisers Inc. grew its holdings in CECO Environmental by 142.1% during the fourth quarter. Peregrine Asset Advisers Inc. now owns 113,870 shares of the company’s stock valued at $6,815,000 after purchasing an additional 66,843 shares during the period. Oliver Luxxe Assets LLC acquired a new stake in CECO Environmental in the second quarter worth $2,230,000. Moran Wealth Management LLC raised its holdings in CECO Environmental by 393.4% in the first quarter. Moran Wealth Management LLC now owns 56,953 shares of the company’s stock worth $3,393,000 after purchasing an additional 45,411 shares during the period. Assenagon Asset Management S.A. bought a new position in shares of CECO Environmental during the second quarter worth $19,944,000. Finally, Walleye Capital LLC bought a new position in shares of CECO Environmental during the second quarter worth $15,415,000. 68.08% of the stock is currently owned by institutional investors and hedge funds.

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

Insider Buying and Selling

In other news, Director Jason Dezwirek sold 34,000 shares of the business’s stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $96.61, for a total value of $3,284,740.00. Following the sale, the director directly owned 166,000 shares in the company, valued at $16,037,260. The trade was a 17.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Peter K. Johansson sold 30,000 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $3,931,581.54. This trade represents a 42.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 16.90% of the company’s stock.

Analyst Ratings Changes

CECO has been the subject of a number of recent analyst reports. Zacks Research cut shares of CECO Environmental from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 11th. Needham & Company LLC reiterated a “buy” rating and set a $110.00 target price on shares of CECO Environmental in a report on Tuesday, August 11th. Craig Hallum reiterated a “buy” rating and set a $103.00 target price on shares of CECO Environmental in a report on Tuesday, April 28th. Northland Securities set a $125.00 target price on CECO Environmental in a research note on Thursday. Finally, JPMorgan Chase & Co. began coverage on CECO Environmental in a report on Thursday, July 9th. They issued an “overweight” rating and a $130.00 price target for the company. Eight research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $104.88.

CECO Environmental Stock Performance

Shares of CECO opened at $79.59 on Monday. The firm has a market cap of $2.85 billion, a P/E ratio of -115.35 and a beta of 1.51. CECO Environmental Corp. has a twelve month low of $42.78 and a twelve month high of $101.24. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.18 and a current ratio of 1.50. The firm’s 50 day moving average price is $82.34 and its two-hundred day moving average price is $73.83.

CECO Environmental (NASDAQ:CECO) last issued its quarterly earnings data on Monday, August 10th. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.21. CECO Environmental had a negative net margin of 3.39% and a positive return on equity of 7.36%. The company had revenue of $284.96 million during the quarter, compared to the consensus estimate of $282.21 million. During the same quarter in the prior year, the firm earned $0.26 earnings per share. The firm’s revenue was up 53.7% compared to the same quarter last year. On average, analysts forecast that CECO Environmental Corp. will post 2.35 EPS for the current fiscal 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.