Richard Wallman Buys 20,000 Shares of CECO Environmental (NASDAQ:CECO) Stock

Posted by Geri Gentry on Jun 5th, 2026

CECO Environmental Corp. (NASDAQ:CECO – Get Free Report) Director Richard Wallman bought 20,000 shares of CECO Environmental stock in a transaction dated Monday, June 1st. The stock was purchased at an average cost of $76.85 per share, for a total transaction of $1,537,000.00. Following the purchase, the director owned 105,500 shares of the company’s stock, valued at approximately $8,107,675. This trade represents a 23.39% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

CECO Environmental Trading Up 2.1%

Shares of CECO opened at $81.10 on Friday. CECO Environmental Corp. has a twelve month low of $25.96 and a twelve month high of $92.00. The company has a market cap of $2.91 billion, a P/E ratio of 219.19 and a beta of 1.49. The company has a current ratio of 1.33, a quick ratio of 1.18 and a debt-to-equity ratio of 0.78. The company’s fifty day simple moving average is $72.32 and its 200-day simple moving average is $65.49.

CECO Environmental (NASDAQ:CECO – Get Free Report) last announced 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. CECO Environmental had a net margin of 1.70% and a return on equity of 13.69%. The business had revenue of $205.92 million for the quarter, compared to the consensus estimate of $198.88 million. During the same quarter in the prior year, the firm posted $0.10 earnings per share. The business’s revenue for the quarter was up 16.5% on a year-over-year basis. As a group, analysts expect that CECO Environmental Corp. will post 1.77 EPS for the current year.

Institutional Trading of CECO Environmental

A number of institutional investors have recently bought and sold shares of CECO. Arkadios Wealth Advisors purchased a new position in shares of CECO Environmental during the 1st quarter valued at approximately $1,066,000. California State Teachers Retirement System increased its holdings in CECO Environmental by 26.8% in the 1st quarter. California State Teachers Retirement System now owns 34,758 shares of the company’s stock worth $2,071,000 after acquiring an additional 7,336 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in CECO Environmental by 310.6% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 115,242 shares of the company’s stock worth $6,866,000 after purchasing an additional 87,173 shares during the last quarter. Sei Investments Co. boosted its stake in CECO Environmental by 3.1% during the 1st quarter. Sei Investments Co. now owns 111,313 shares of the company’s stock worth $6,632,000 after purchasing an additional 3,338 shares during the last quarter. Finally, Walleye Capital LLC acquired a new stake in CECO Environmental during the 1st quarter worth $2,291,000. 68.08% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on CECO shares. Roth Mkm reissued a “buy” rating and issued a $85.00 target price on shares of CECO Environmental in a research note on Wednesday, April 29th. HC Wainwright increased their target price on shares of CECO Environmental from $55.00 to $90.00 and gave the company a “buy” rating in a research note on Wednesday, February 25th. Weiss Ratings downgraded shares of CECO Environmental from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 8th. Lake Street Capital reissued a “buy” rating and issued a $80.00 target price on shares of CECO Environmental in a research note on Wednesday, February 25th. Finally, Craig Hallum reaffirmed a “buy” rating and issued a $103.00 price target 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 assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $86.83.

Read Our Latest Stock Report on CECO Environmental

CECO Environmental Company Profile

(Get 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.