CECO Environmental (NASDAQ:CECO) Reaches New 12-Month High – Here’s Why

09 Jun 2026, 10:00 by Teresa Graham · The Cerbat Gem

Shares of CECO Environmental Corp. (NASDAQ:CECO – Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as $92.00 and last traded at $87.2250, with a volume of 45278 shares trading hands. The stock had previously closed at $80.53.

Analysts Set New Price Targets

CECO has been the topic of a number of analyst reports. Needham & Company LLC increased their price objective on shares of CECO Environmental from $80.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Weiss Ratings downgraded shares of CECO Environmental from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 8th. HC Wainwright increased their price target on shares of CECO Environmental from $55.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, February 25th. Zacks Research upgraded shares of CECO Environmental from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 30th. Finally, Craig Hallum restated a “buy” rating and set a $103.00 target price on shares of CECO Environmental in a research note on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $86.83.

Get Our Latest Report on CECO

CECO Environmental Price Performance

The stock has a market cap of $3.16 billion, a P/E ratio of 233.65 and a beta of 1.49. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.33 and a quick ratio of 1.18. The business’s fifty day moving average price is $73.02 and its 200 day moving average price is $65.93.

CECO Environmental (NASDAQ:CECO – Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.24. The company had revenue of $205.92 million for the quarter, compared to analyst estimates of $198.88 million. CECO Environmental had a net margin of 1.70% and a return on equity of 13.69%. The firm’s revenue was up 16.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.10 EPS. Sell-side analysts forecast that CECO Environmental Corp. will post 1.77 EPS for the current fiscal year.

Insider Activity

In related news, Director Richard F. Wallman purchased 20,000 shares of the stock in a transaction dated Monday, June 1st. The stock was bought at an average cost of $76.85 per share, for a total transaction of $1,537,000.00. Following the completion of the acquisition, the director 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 18.40% of the company’s stock.

Hedge Funds Weigh In On CECO Environmental

Large investors have recently bought and sold shares of the company. ProShare Advisors LLC boosted its stake in shares of CECO Environmental by 8.0% during the fourth quarter. ProShare Advisors LLC now owns 5,390 shares of the company’s stock valued at $323,000 after purchasing an additional 399 shares in the last quarter. Osaic Holdings Inc. raised its holdings in CECO Environmental by 3.5% in the 2nd quarter. Osaic Holdings Inc. now owns 12,297 shares of the company’s stock valued at $348,000 after buying an additional 412 shares during the last quarter. Ellsworth Advisors LLC raised its holdings in CECO Environmental by 3.2% in the 4th quarter. Ellsworth Advisors LLC now owns 15,047 shares of the company’s stock valued at $996,000 after buying an additional 462 shares during the last quarter. Morton Brown Family Wealth LLC acquired a new stake in CECO Environmental during the 1st quarter worth approximately $29,000. Finally, Caitong International Asset Management Co. Ltd bought a new stake in CECO Environmental during the 3rd quarter worth approximately $25,000. 68.08% of the stock is currently owned by institutional investors.

CECO Environmental Company Profile

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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.