Round Rock Advisors LLC Invests $608,000 in CECO Environmental Corp. $CECO

Round Rock Advisors LLC bought a new position in shares of CECO Environmental Corp. (NASDAQ:CECO) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,950 shares of the company’s stock, valued at approximately $608,000.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in CECO Environmental by 1.0% in the third quarter. Vanguard Group Inc. now owns 1,770,756 shares of the company’s stock valued at $90,663,000 after acquiring an additional 16,708 shares during the last quarter. American Century Companies Inc. boosted its holdings in CECO Environmental by 16,844.6% in the third quarter. American Century Companies Inc. now owns 1,257,796 shares of the company’s stock valued at $64,399,000 after acquiring an additional 1,250,373 shares during the last quarter. Two Sigma Investments LP boosted its holdings in CECO Environmental by 3,620.8% in the third quarter. Two Sigma Investments LP now owns 302,691 shares of the company’s stock valued at $15,498,000 after acquiring an additional 294,556 shares during the last quarter. Amundi boosted its holdings in CECO Environmental by 1.9% in the third quarter. Amundi now owns 200,686 shares of the company’s stock valued at $10,656,000 after acquiring an additional 3,838 shares during the last quarter. Finally, Essex Investment Management Co. LLC boosted its holdings in CECO Environmental by 3.4% in the third quarter. Essex Investment Management Co. LLC now owns 157,980 shares of the company’s stock valued at $8,089,000 after acquiring an additional 5,237 shares during the last quarter. Institutional investors and hedge funds own 68.08% of the company’s stock.

CECO Environmental Stock Performance

NASDAQ:CECO opened at $65.07 on Tuesday. The stock has a market cap of $2.32 billion, a P/E ratio of 47.85 and a beta of 1.41. The stock has a 50 day simple moving average of $63.26 and a 200 day simple moving average of $59.53. The company has a current ratio of 1.34, a quick ratio of 1.16 and a debt-to-equity ratio of 0.65. CECO Environmental Corp. has a 1-year low of $17.57 and a 1-year high of $81.72.

CECO Environmental (NASDAQ:CECO) last released its quarterly earnings results on Tuesday, February 24th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.35). The firm had revenue of $214.69 million for the quarter, compared to analyst estimates of $205.39 million. CECO Environmental had a return on equity of 10.60% and a net margin of 6.46%.The business’s revenue for the quarter was up 35.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.27 earnings per share. Research analysts anticipate that CECO Environmental Corp. will post 1.51 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on CECO shares. Roth Mkm raised their price target on CECO Environmental from $58.00 to $68.00 and gave the company a “buy” rating in a report on Wednesday, February 25th. HC Wainwright increased their price objective on CECO Environmental from $55.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday, February 25th. Northland Securities increased their price objective on CECO Environmental from $60.00 to $73.00 and gave the stock an “outperform” rating in a report on Wednesday, December 24th. Needham & Company LLC reaffirmed a “buy” rating and issued a $80.00 price objective on shares of CECO Environmental in a research report on Thursday, March 26th. Finally, Lake Street Capital reaffirmed a “buy” rating and issued a $80.00 price objective on shares of CECO Environmental in a research report on Wednesday, February 25th. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $78.20.

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.