CECO Environmental (NASDAQ:CECO) Stock Price Down 9.7% – Should You Sell?

Posted by George Bondi on Jul 31st, 2026

CECO Environmental Corp. (NASDAQ:CECO – Get Free Report) was down 9.7% during mid-day trading on Wednesday . The company traded as low as $60.91 and last traded at $60.9610. 878,156 shares changed hands during trading, an increase of 25% from the average session volume of 703,502 shares. The stock had previously closed at $67.48.

Analyst Upgrades and Downgrades

CECO has been the subject of several analyst reports. Craig Hallum reiterated a “buy” rating and issued a $103.00 price target on shares of CECO Environmental in a report on Tuesday, April 28th. Needham & Company LLC upped their target price on CECO Environmental from $90.00 to $110.00 and gave the company a “buy” rating in a research note on Wednesday, June 10th. JPMorgan Chase & Co. started coverage on CECO Environmental in a research report on Thursday, July 9th. They set an “overweight” rating and a $130.00 target price on the stock. Lake Street Capital raised their price target on CECO Environmental from $80.00 to $111.00 and gave the stock a “buy” rating in a research note on Wednesday, June 10th. Finally, Weiss Ratings cut CECO Environmental from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $106.71.

Check Out Our Latest Analysis on CECO Environmental

CECO Environmental Stock Performance

The company has a market cap of $2.35 billion, a PE ratio of 177.14 and a beta of 1.47. The stock’s 50 day simple moving average is $84.44 and its two-hundred day simple moving average is $73.44. The company has a quick ratio of 1.18, a current ratio of 1.33 and a debt-to-equity ratio of 0.78.

CECO Environmental (NASDAQ:CECO – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.36 earnings per share (EPS) 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 net margin of 1.70% and a return on equity of 13.69%. The business’s quarterly revenue was up 16.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.10 EPS. As a group, research analysts anticipate that CECO Environmental Corp. will post 1.97 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Richard F. Wallman purchased 20,000 shares of the stock in a transaction on Monday, June 1st. The stock was purchased at an average price of $76.85 per share, with a total value of $1,537,000.00. Following the completion of the transaction, the director owned 105,500 shares in the company, valued at approximately $8,107,675. The trade was a 23.39% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Peter K. Johansson sold 30,000 shares of the company’s stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $96.49, for a total value of $2,894,700.00. Following the sale, the chief financial officer owned 40,746 shares of the company’s stock, valued at $3,931,581.54. This represents a 42.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 18.40% of the company’s stock.

Hedge Funds Weigh In On CECO Environmental

Hedge funds and other institutional investors have recently modified their holdings of the company. Peregrine Asset Advisers Inc. lifted its position in CECO Environmental by 142.1% during the fourth quarter. Peregrine Asset Advisers Inc. now owns 113,870 shares of the company’s stock valued at $6,815,000 after buying an additional 66,843 shares in the last quarter. Navellier & Associates Inc. increased its position in shares of CECO Environmental by 48.5% in the fourth quarter. Navellier & Associates Inc. now owns 42,455 shares of the company’s stock worth $2,541,000 after acquiring an additional 13,860 shares in the last quarter. Moran Wealth Management LLC increased its position in shares of CECO Environmental by 393.4% in the first quarter. Moran Wealth Management LLC now owns 56,953 shares of the company’s stock worth $3,393,000 after acquiring an additional 45,411 shares in the last quarter. SG Americas Securities LLC raised its stake in shares of CECO Environmental by 638.3% in the 4th quarter. SG Americas Securities LLC now owns 80,736 shares of the company’s stock valued at $4,832,000 after acquiring an additional 69,800 shares during the period. Finally, Capital World Investors purchased a new position in shares of CECO Environmental in the 4th quarter valued at $19,936,000. 68.08% of the stock is owned by institutional investors and hedge funds.

About CECO Environmental

(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.