Thrivent Financial for Lutherans Buys 178,892 Shares of CECO Environmental Corp. $CECO

Posted by Brenda Bartman on May 17th, 2026

Thrivent Financial for Lutherans lifted its stake in shares of CECO Environmental Corp. (NASDAQ:CECO – Free Report) by 36.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 672,147 shares of the company’s stock after purchasing an additional 178,892 shares during the quarter. Thrivent Financial for Lutherans’ holdings in CECO Environmental were worth $40,229,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in shares of CECO Environmental by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 1,780,596 shares of the company’s stock valued at $106,569,000 after purchasing an additional 9,840 shares during the period. American Century Companies Inc. raised its stake in shares of CECO Environmental by 16,844.6% during the 3rd quarter. American Century Companies Inc. now owns 1,257,796 shares of the company’s stock valued at $64,399,000 after purchasing an additional 1,250,373 shares during the period. Two Sigma Investments LP raised its stake in shares of CECO Environmental by 3,620.8% during the 3rd quarter. Two Sigma Investments LP now owns 302,691 shares of the company’s stock valued at $15,498,000 after purchasing an additional 294,556 shares during the period. UBS Group AG raised its stake in shares of CECO Environmental by 449.0% during the 4th quarter. UBS Group AG now owns 267,288 shares of the company’s stock valued at $15,997,000 after purchasing an additional 218,599 shares during the period. Finally, Amundi raised its stake in shares of CECO Environmental by 1.9% during the 3rd quarter. Amundi now owns 200,686 shares of the company’s stock valued at $10,656,000 after purchasing an additional 3,838 shares during the period. 68.08% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on CECO shares. Needham & Company LLC upped their target price on CECO Environmental from $80.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. HC Wainwright upped their target price on CECO Environmental from $55.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, February 25th. Roth Mkm restated a “buy” rating and issued a $85.00 target price on shares of CECO Environmental in a research note on Wednesday, April 29th. Zacks Research upgraded CECO Environmental from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. Finally, Lake Street Capital restated a “buy” rating and issued a $80.00 target price on shares of CECO Environmental in a research note on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $86.83.

View Our Latest Stock Report on CECO Environmental

CECO Environmental Trading Down 6.1%

Shares of CECO stock opened at $80.84 on Friday. The stock has a market capitalization of $2.90 billion, a PE ratio of 218.49 and a beta of 1.53. CECO Environmental Corp. has a 1-year low of $25.92 and a 1-year high of $90.25. The business has a 50-day moving average of $65.24 and a 200 day moving average of $62.49. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.33 and a quick ratio of 1.18.

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

About CECO Environmental

(Free Report)

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.