CECO Environmental (NASDAQ:CECO) Upgraded by TD Cowen to “Strong-Buy” Rating

Posted by George Bondi on Aug 6th, 2026

TD Cowen upgraded shares of CECO Environmental (NASDAQ:CECO – Free Report) to a strong-buy rating in a report released on Wednesday,Zacks.com reports.

A number of other equities analysts have also recently issued reports on the stock. Lake Street Capital increased their price objective on shares of CECO Environmental from $80.00 to $111.00 and gave the company a “buy” rating in a research note on Wednesday, June 10th. Needham & Company LLC upped their target price on shares of 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. began coverage on shares of CECO Environmental in a research report on Thursday, July 9th. They issued an “overweight” rating and a $130.00 price target for the company. Roth Capital restated a “buy” rating and set a $85.00 price target on shares of CECO Environmental in a research note on Wednesday, April 29th. Finally, Zacks Research raised CECO Environmental from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, CECO Environmental has a consensus rating of “Buy” and a consensus target price of $104.00.

Get Our Latest Stock Analysis on CECO Environmental

CECO Environmental Stock Performance

Shares of NASDAQ CECO opened at $69.12 on Wednesday. CECO Environmental has a one year low of $42.78 and a one year high of $101.24. 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 business has a fifty day simple moving average of $83.10 and a 200 day simple moving average of $73.54. The firm has a market capitalization of $2.48 billion, a price-to-earnings ratio of 186.81 and a beta of 1.51.

Insider Activity

In other news, CFO Peter K. Johansson sold 30,000 shares of the company’s stock in a transaction dated Wednesday, June 24th. The shares were 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 approximately $3,931,581.54. This represents a 42.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jason Dezwirek sold 34,000 shares of CECO Environmental stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $96.61, for a total transaction of $3,284,740.00. Following the transaction, the director directly owned 166,000 shares of the company’s stock, valued at $16,037,260. This represents a 17.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 18.40% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. GAMMA Investing LLC increased its holdings in CECO Environmental by 71.6% during the 2nd quarter. GAMMA Investing LLC now owns 369 shares of the company’s stock valued at $33,000 after purchasing an additional 154 shares in the last quarter. Morton Brown Family Wealth LLC acquired a new position in CECO Environmental in the first quarter worth $29,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of CECO Environmental during the third quarter worth $25,000. Advisory Services Network LLC bought a new stake in shares of CECO Environmental during the third quarter worth $31,000. Finally, KBC Group NV acquired a new stake in shares of CECO Environmental in the first quarter valued at $44,000. 68.08% of the stock is owned by institutional investors and hedge funds.

CECO Environmental Company Profile

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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.