Legato Capital Management LLC Acquires 35,529 Shares of CECO Environmental Corp. $CECO

Posted by Geri Gentry on May 23rd, 2026

Legato Capital Management LLC increased its holdings in CECO Environmental Corp. (NASDAQ:CECO – Free Report) by 77.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 81,123 shares of the company’s stock after purchasing an additional 35,529 shares during the period. Legato Capital Management LLC owned approximately 0.23% of CECO Environmental worth $4,855,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. ProShare Advisors LLC boosted its holdings in CECO Environmental by 8.0% in the fourth quarter. ProShare Advisors LLC now owns 5,390 shares of the company’s stock worth $323,000 after purchasing an additional 399 shares in the last quarter. Osaic Holdings Inc. boosted its holdings in CECO Environmental by 3.5% in the second quarter. Osaic Holdings Inc. now owns 12,297 shares of the company’s stock worth $348,000 after purchasing an additional 412 shares in the last quarter. Ellsworth Advisors LLC boosted its holdings in CECO Environmental by 3.2% in the fourth quarter. Ellsworth Advisors LLC now owns 15,047 shares of the company’s stock worth $996,000 after purchasing an additional 462 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in CECO Environmental in the third quarter worth $25,000. Finally, Aventura Private Wealth LLC bought a new stake in CECO Environmental in the fourth quarter worth $30,000. 68.08% of the stock is currently owned by institutional investors.

CECO Environmental Stock Up 1.3%

CECO stock opened at $81.71 on Friday. 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 Corp. has a 52-week low of $25.96 and a 52-week high of $90.25. The company has a 50-day moving average of $67.91 and a two-hundred day moving average of $63.57. The stock has a market capitalization of $2.93 billion, a price-to-earnings ratio of 220.84 and a beta of 1.53.

CECO Environmental (NASDAQ:CECO – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $198.88 million. During the same period in the prior year, the company earned $0.10 earnings per share. The business’s quarterly revenue was up 16.5% compared to the same quarter last year. As a group, equities research analysts anticipate that CECO Environmental Corp. will post 1.77 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on CECO. Zacks Research upgraded shares of CECO Environmental from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. Needham & Company LLC upped their price objective on shares of CECO Environmental from $80.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Craig Hallum reiterated a “buy” rating and issued a $103.00 price objective on shares of CECO Environmental in a report on Tuesday, April 28th. HC Wainwright upped their price objective 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. Finally, Roth Mkm reiterated a “buy” rating and issued a $85.00 price objective on shares of CECO Environmental in a report on Wednesday, April 29th. One research 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’s stock. According to MarketBeat, CECO Environmental has an average rating of “Buy” and a consensus price target of $86.83.

View Our Latest Stock Analysis on CECO Environmental

CECO Environmental Profile

(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.