Expect Equity LLC Takes $2.86 Million Position in CECO Environmental Corp. $CECO

Posted by George Bondi on Aug 26th, 2026

Expect Equity LLC bought a new position in shares of CECO Environmental Corp. (NASDAQ:CECO – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 31,524 shares of the company’s stock, valued at approximately $2,860,000. CECO Environmental comprises approximately 1.8% of Expect Equity LLC’s portfolio, making the stock its 20th biggest position.

Several other large investors have also made changes to their positions in CECO. Caitong International Asset Management Co. Ltd acquired a new stake in CECO Environmental in the third quarter worth about $25,000. Morton Brown Family Wealth LLC acquired a new position in CECO Environmental during the 1st quarter valued at about $29,000. Allworth Financial LP acquired a new position in CECO Environmental during the 2nd quarter valued at about $29,000. Advisory Services Network LLC bought a new position in shares of CECO Environmental in the 3rd quarter valued at about $31,000. Finally, GAMMA Investing LLC boosted its stake in shares of CECO Environmental by 71.6% in 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 during the last quarter. Institutional investors and hedge funds own 68.08% of the company’s stock.

CECO Environmental Stock Down 1.4%

Shares of NASDAQ:CECO opened at $70.27 on Wednesday. The company has a 50 day moving average price of $79.80 and a two-hundred day moving average price of $74.09. 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 capitalization of $4.12 billion, a PE ratio of -101.84 and a beta of 1.51. CECO Environmental Corp. has a 52 week low of $42.78 and a 52 week high of $101.24.

CECO Environmental (NASDAQ:CECO – Get Free Report) last announced its quarterly earnings results on Monday, August 10th. The company reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.21. CECO Environmental had a negative net margin of 3.39% and a positive return on equity of 7.36%. The company had revenue of $284.96 million for the quarter, compared to analysts’ expectations of $282.21 million. During the same period last year, the firm posted $0.26 earnings per share. The business’s quarterly revenue was up 53.7% compared to the same quarter last year. Analysts forecast that CECO Environmental Corp. will post 2.35 earnings per share for the current year.

Insider Buying and Selling

In other CECO Environmental news, Director Jason Dezwirek sold 34,000 shares of the business’s stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $96.61, for a total value of $3,284,740.00. Following the completion of the transaction, the director directly owned 166,000 shares of the company’s stock, valued at approximately $16,037,260. The trade was a 17.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Peter K. Johansson sold 30,000 shares of the 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 completion of the sale, the chief financial officer owned 40,746 shares of the company’s stock, valued at $3,931,581.54. This trade represents a 42.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 16.90% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

CECO has been the subject of a number of recent research reports. Craig Hallum reissued a “buy” rating and set a $103.00 price target on shares of CECO Environmental in a research note on Tuesday, April 28th. Roth Capital restated a “buy” rating and issued a $85.00 price target on shares of CECO Environmental in a research report on Wednesday, April 29th. Northland Securities set a $125.00 price objective on CECO Environmental in a research note on Thursday, August 13th. JPMorgan Chase & Co. assumed coverage on CECO Environmental in a report on Thursday, July 9th. They issued an “overweight” rating and a $130.00 price objective for the company. Finally, Lake Street Capital increased their target price on CECO Environmental from $80.00 to $111.00 and gave the company a “buy” rating in a research note on Wednesday, June 10th. Eight equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, CECO Environmental presently has a consensus rating of “Moderate Buy” and an average target price of $104.88.

View Our Latest 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.