Navellier & Associates Inc. Has $2.54 Million Holdings in CECO Environmental Corp. $CECO

Key Points

• Navellier & Associates raised its stake in CECO by 48.5% in Q4 to 42,455 shares valued at $2.54 million, representing about 0.12% of the company.
• CECO posted an earnings beat (Q EPS $0.36 vs. $0.12 estimate; revenue $205.9M, +16.5% YoY) and analysts are bullish, with an average rating of Buy and an average price target of $86.83.
• Institutional buying is prominent—American Century now owns 1,257,796 shares (~$64.4M) and institutions hold 68.08% of the stock, which is trading near its 52‑week high (~$87.78).

Navellier & Associates Inc. lifted its holdings in CECO Environmental Corp. (NASDAQ:CECO - Free Report) by 48.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 42,455 shares of the company's stock after purchasing an additional 13,860 shares during the period. Navellier & Associates Inc. owned 0.12% of CECO Environmental worth $2,541,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Divisadero Street Capital Management LP acquired a new stake in shares of CECO Environmental in the 3rd quarter valued at $7,680,000. Emerald Mutual Fund Advisers Trust bought a new position in CECO Environmental in the 3rd quarter worth $3,678,000. Peregrine Asset Advisers Inc. bought a new position in CECO Environmental in the 3rd quarter worth $2,408,000. American Century Companies Inc. raised its holdings in CECO Environmental by 16,844.6% in the 3rd quarter. American Century Companies Inc. now owns 1,257,796 shares of the company's stock worth $64,399,000 after acquiring an additional 1,250,373 shares during the period. Finally, Arete Wealth Advisors LLC bought a new position in CECO Environmental in the 3rd quarter worth $1,042,000. Institutional investors and hedge funds own 68.08% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. HC Wainwright lifted their target price on shares of CECO Environmental from $55.00 to $90.00 and gave the stock a "buy" rating in a report on Wednesday, February 25th. Zacks Research upgraded shares of CECO Environmental from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 30th. Roth Mkm reiterated a "buy" rating and issued a $85.00 target price on shares of CECO Environmental in a report on Wednesday, April 29th. Craig Hallum reiterated a "buy" rating and issued a $103.00 target price on shares of CECO Environmental in a report on Tuesday, April 28th. Finally, Weiss Ratings upgraded shares of CECO Environmental from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, CECO Environmental presently has an average rating of "Buy" and an average price target of $86.83.

CECO Environmental Stock Performance

NASDAQ:CECO opened at $87.78 on Wednesday. The firm's 50-day moving average is $61.88 and its 200-day moving average is $60.76. CECO Environmental Corp. has a 52-week low of $24.71 and a 52-week high of $88.24. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.18 and a current ratio of 1.33. The company has a market cap of $3.15 billion, a price-to-earnings ratio of 237.24 and a beta of 1.53.

CECO Environmental (NASDAQ:CECO - Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.24. CECO Environmental had a net margin of 1.70% and a return on equity of 13.69%. The company had revenue of $205.92 million for the quarter, compared to the consensus estimate of $198.88 million. During the same quarter in the previous year, the firm posted $0.10 EPS. The business's revenue was up 16.5% compared to the same quarter last year. Equities research analysts anticipate that CECO Environmental Corp. will post 1.77 earnings per share 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.

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