Alberta Investment Management Corp Takes Position in CECO Environmental Corp. $CECO

Alberta Investment Management Corp bought a new position in shares of CECO Environmental Corp. (NASDAQ:CECO - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 78,364 shares of the company's stock, valued at approximately $7,111,000. Alberta Investment Management Corp owned about 0.22% of CECO Environmental as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd bought a new position in shares of CECO Environmental in the 3rd quarter valued at about $25,000. Morton Brown Family Wealth LLC bought a new stake in shares of CECO Environmental during the first quarter worth approximately $29,000. Advisory Services Network LLC bought a new stake in shares of CECO Environmental during the third quarter worth approximately $31,000. GAMMA Investing LLC lifted its holdings in CECO Environmental by 71.6% in the second quarter. GAMMA Investing LLC now owns 369 shares of the company's stock valued at $33,000 after buying an additional 154 shares during the period. Finally, KBC Group NV acquired a new position in CECO Environmental in the first quarter valued at approximately $44,000. Institutional investors own 68.08% of the company's stock.

CECO Environmental News Summary

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

CECO Environmental Price Performance

CECO Environmental stock opened at $79.59 on Monday. The stock has a market capitalization of $2.85 billion, a PE 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 quick ratio of 1.18, a current ratio of 1.50 and a debt-to-equity ratio of 0.34. The company has a 50 day moving average of $82.34 and a 200-day moving average of $73.83.

CECO Environmental (NASDAQ:CECO - Get Free Report) 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. The company had revenue of $284.96 million during the quarter, compared to the consensus estimate 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 was up 53.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.26 earnings per share. On average, equities research analysts anticipate that CECO Environmental Corp. will post 2.35 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have commented on CECO. JPMorgan Chase & Co. began coverage on shares of CECO Environmental in a report on Thursday, July 9th. They set an "overweight" rating and a $130.00 target price for the company. Zacks Research lowered CECO Environmental from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 11th. Craig Hallum reaffirmed a "buy" rating and set a $103.00 price objective on shares of CECO Environmental in a research note on Tuesday, April 28th. Weiss Ratings downgraded CECO Environmental from a "hold (c-)" rating to a "sell (d+)" rating in a report on Wednesday. Finally, Lake Street Capital upped their price objective on shares of CECO Environmental from $80.00 to $111.00 and gave the company a "buy" rating in a research report on Wednesday, June 10th. Eight analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $104.88.

Insider Activity

In other news, Director Richard F. Wallman acquired 20,000 shares of CECO Environmental stock in a transaction dated Monday, June 1st. The stock was bought at an average cost of $76.85 per share, with a total value of $1,537,000.00. Following the completion of the transaction, the director directly owned 105,500 shares of the company's stock, valued at approximately $8,107,675. This represents a 23.39% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Peter K. Johansson sold 30,000 shares of the stock in a transaction dated 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 approximately $3,931,581.54. The trade was a 42.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 16.90% of the company's stock.

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.

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