Capital International Investors Has $43.21 Million Position in CECO Environmental Corp. $CECO

Capital International Investors reduced its holdings in CECO Environmental Corp. (NASDAQ:CECO) by 56.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 721,982 shares of the company’s stock after selling 953,369 shares during the period. Capital International Investors owned approximately 2.03% of CECO Environmental worth $43,211,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in CECO. Caitong International Asset Management Co. Ltd bought a new position in CECO Environmental in the 3rd quarter worth approximately $25,000. Aventura Private Wealth LLC bought a new position in CECO Environmental in the 4th quarter worth approximately $30,000. Advisory Services Network LLC bought a new position in CECO Environmental in the 3rd quarter worth approximately $31,000. AlphaQuest LLC bought a new position in CECO Environmental in the 3rd quarter worth approximately $80,000. Finally, Comerica Bank increased its position in CECO Environmental by 10,578.6% in the 4th quarter. Comerica Bank now owns 1,495 shares of the company’s stock worth $89,000 after buying an additional 1,481 shares during the period. 68.08% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Richard F. Wallman acquired 20,000 shares of the stock in a transaction dated Monday, June 1st. The shares were acquired at an average cost of $76.85 per share, for a total transaction of $1,537,000.00. Following the completion of the transaction, the director owned 105,500 shares in the company, valued at approximately $8,107,675. This trade represents a 23.39% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 16.90% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on CECO shares. Lake Street Capital reaffirmed a “buy” rating and issued a $80.00 price target on shares of CECO Environmental in a research report on Wednesday, February 25th. Roth Mkm reaffirmed a “buy” rating and issued a $85.00 price target on shares of CECO Environmental in a research report on Wednesday, April 29th. Needham & Company LLC lifted their price target on CECO Environmental from $80.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Zacks Research raised CECO Environmental from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 30th. Finally, HC Wainwright lifted their price target on CECO Environmental from $55.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, CECO Environmental currently has an average rating of “Buy” and an average target price of $86.83.

CECO Environmental Stock Performance

CECO opened at $95.44 on Wednesday. The stock has a market cap of $3.42 billion, a PE ratio of 257.95 and a beta of 1.49. The company has a current ratio of 1.33, a quick ratio of 1.18 and a debt-to-equity ratio of 0.78. CECO Environmental Corp. has a 1 year low of $26.32 and a 1 year high of $95.68. The stock’s 50 day simple moving average is $73.71 and its 200-day simple moving average is $66.24.

CECO Environmental (NASDAQ:CECO) last released its quarterly earnings data 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 analysts’ expectations of $198.88 million. CECO Environmental had a return on equity of 13.69% and a net margin of 1.70%.CECO Environmental’s quarterly revenue was up 16.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.10 earnings per share. Sell-side analysts forecast that CECO Environmental Corp. will post 1.77 EPS 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.