CECO Environmental (NASDAQ:CECO) Shares Climb 5.4% – Here’s Why

Posted by George Bondi on Oct 13th, 2026

CECO Environmental Corp. (NASDAQ:CECO – Get Free Report) shares were up 5.4% during mid-day trading on Tuesday. The company traded as high as $67.08 and last traded at $68.1320. Approximately 967,905 shares changed hands during trading, an increase of 31% from the average daily volume of 738,801 shares. The stock had previously closed at $64.64.

Analyst Ratings Changes

CECO has been the topic of several research reports. Weiss Ratings lowered CECO Environmental from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, September 16th. Zacks Research downgraded CECO Environmental from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 11th. Needham & Company LLC reissued a “buy” rating and issued a $110.00 price target on shares of CECO Environmental in a research note on Tuesday, August 11th. Northland Securities set a $125.00 price objective on CECO Environmental in a report on Thursday, August 13th. Finally, JPMorgan Chase & Co. cut their price objective on shares of CECO Environmental from $130.00 to $110.00 and set an “overweight” rating on the stock in a research report on Tuesday. Eight equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $102.38.

Read Our Latest Analysis on CECO

CECO Environmental Stock Performance

The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.18 and a current ratio of 1.50. The company has a market cap of $3.99 billion, a P/E ratio of -98.87 and a beta of 1.50. The firm has a 50 day moving average price of $72.53 and a 200-day moving average price of $75.93.

CECO Environmental (NASDAQ:CECO – Get Free Report) last issued its quarterly earnings data on Monday, August 10th. The company reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.21. The business had revenue of $284.96 million for the quarter, compared to the consensus estimate of $282.21 million. CECO Environmental had a positive return on equity of 7.36% and a negative net margin of 3.39%. The firm’s revenue was up 53.7% compared to the same quarter last year. During the same period last year, the business earned $0.26 EPS. On average, research analysts predict that CECO Environmental Corp. will post 2.43 EPS for the current year.

Institutional Trading of CECO Environmental

Large investors have recently modified their holdings of the company. Allworth Financial LP acquired a new stake in CECO Environmental in the 2nd quarter worth $29,000. GAMMA Investing LLC lifted its stake in shares of CECO Environmental by 71.6% in the second quarter. GAMMA Investing LLC now owns 369 shares of the company’s stock valued at $33,000 after buying an additional 154 shares during the period. Morton Brown Family Wealth LLC acquired a new stake in CECO Environmental during the first quarter worth about $29,000. KBC Group NV acquired a new stake in CECO Environmental during the first quarter worth about $44,000. Finally, Strs Ohio bought a new position in CECO Environmental during the first quarter valued at about $66,000. 68.08% of the stock is owned by institutional investors.

About CECO Environmental

(Get Free Report)

CECO Environmental Corp. (NASDAQ: CECO) is an environmental technology company that provides engineered solutions for industrial air quality, fluid handling, and water and wastewater treatment. Its systems are designed to help customers control emissions, improve process efficiency, protect workers, and comply with environmental regulations.

The company offers products and services including air pollution control equipment, industrial ventilation systems, filtration and separation technologies, thermal processing solutions, pumps and other fluid-handling equipment, and water and wastewater treatment systems.