Rep. Gilbert Ray Cisneros, Jr. Buys Shares of CECO Environmental Corp. (NASDAQ:CECO)

Key Points

• Rep. Gilbert Ray Cisneros Jr. purchased between $1,001 and $15,000 of CECO Environmental shares on August 20, according to a September 10 disclosure.
• CECO reported quarterly EPS of $0.47, beating estimates of $0.26, while revenue rose 53.7% year over year to $284.96 million.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $104.88, compared with the stock’s reported price of $78.34.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of CECO Environmental Corp. (NASDAQ:CECO). In a filing disclosed on September 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in CECO Environmental stock on August 20th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of DoorDash NASDAQ: DASH on 8/28/2026.
• Purchased $15,001 - $50,000 in shares of Quanta Services NYSE: PWR on 8/27/2026.
• Purchased $15,001 - $50,000 in shares of Eaton NYSE: ETN on 8/27/2026.
• Sold $15,001 - $50,000 in shares of NIKE NYSE: NKE on 8/27/2026.
• Sold $1,001 - $15,000 in shares of Phreesia NYSE: PHR on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of Wheaton Precious Metals NYSE: WPM on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of Walmart NASDAQ: WMT on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 8/26/2026.
• Sold $15,001 - $50,000 in shares of Lamar Advertising NASDAQ: LAMR on 8/25/2026.
• Sold $1,001 - $15,000 in shares of Phreesia NYSE: PHR on 8/25/2026.

CECO Environmental Trading Up 3.9%

NASDAQ:CECO opened at $78.34 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.50 and a quick ratio of 1.18. CECO Environmental Corp. has a one year low of $42.82 and a one year high of $101.24. The company has a market cap of $4.59 billion, a PE ratio of -113.54 and a beta of 1.51. The firm has a 50-day moving average of $74.95 and a 200-day moving average of $73.90.

CECO Environmental (NASDAQ:CECO - Get Free Report) last announced its quarterly earnings results on Monday, August 10th. The company reported $0.47 earnings per share for the quarter, beating the consensus estimate 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 firm's revenue for the quarter was up 53.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.26 EPS. As a group, equities research analysts expect that CECO Environmental Corp. will post 2.43 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Northland Securities set a $125.00 target price on CECO Environmental in a research report on Thursday, August 13th. Lake Street Capital increased their price target on CECO Environmental from $80.00 to $111.00 and gave the company a "buy" rating in a research report on Wednesday, June 10th. JPMorgan Chase & Co. initiated coverage on shares of CECO Environmental in a report on Thursday, July 9th. They set an "overweight" rating and a $130.00 price objective on the stock. TD Cowen started coverage on shares of CECO Environmental in a research note on Wednesday, August 5th. They issued a "buy" rating and a $85.00 target price for the company. Finally, Needham & Company LLC reissued a "buy" rating and set a $110.00 price target on shares of CECO Environmental in a research report on Tuesday, August 11th. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $104.88.

Hedge Funds Weigh In On CECO Environmental

Several institutional investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd bought a new position in shares of CECO Environmental during the 3rd quarter valued at approximately $25,000. Morton Brown Family Wealth LLC purchased a new position in CECO Environmental in the first quarter valued at approximately $29,000. Allworth Financial LP purchased a new position in CECO Environmental in the second quarter valued at approximately $29,000. Advisory Services Network LLC bought a new position in CECO Environmental during the third quarter valued at $31,000. Finally, GAMMA Investing LLC increased its position in CECO Environmental by 71.6% in the second quarter. GAMMA Investing LLC now owns 369 shares of the company's stock worth $33,000 after buying an additional 154 shares during the last quarter. Institutional investors own 68.08% of the company's stock.

Insider Buying and Selling at CECO Environmental

In other news, Director Jason Dezwirek sold 34,000 shares of the company's stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $96.61, for a total transaction of $3,284,740.00. Following the transaction, the director owned 166,000 shares of the company's stock, valued at $16,037,260. This represents a 17.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Peter Johansson sold 30,000 shares of the stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $96.49, for a total value of $2,894,700.00. Following the transaction, 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. The SEC filing for this sale provides additional information. Insiders own 18.40% of the company's stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About CECO Environmental

CECO Environmental Corp. NASDAQ: CECO is an environmental technology company that provides engineered solutions for industrial air quality, water and wastewater treatment, and related process applications. Its systems are designed to help industrial customers control emissions, improve operational efficiency, and meet environmental and regulatory requirements.

The company offers products and services including industrial dust and particulate collectors, filtration systems, scrubbers, fans, dampers, valves, thermal and catalytic oxidizers, and other air-pollution-control equipment.

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