Robeco Schweiz AG Has $7.85 Million Holdings in CECO Environmental Corp. $CECO

Robeco Schweiz AG lessened its holdings in shares of CECO Environmental Corp. (NASDAQ:CECOFree Report) by 52.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 131,216 shares of the company’s stock after selling 144,947 shares during the period. Robeco Schweiz AG’s holdings in CECO Environmental were worth $7,853,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the business. Osaic Holdings Inc. lifted its holdings in shares of CECO Environmental by 3.5% during the second quarter. Osaic Holdings Inc. now owns 12,297 shares of the company’s stock worth $348,000 after purchasing an additional 412 shares during the period. Ellsworth Advisors LLC raised its stake in CECO Environmental by 3.2% during the fourth quarter. Ellsworth Advisors LLC now owns 15,047 shares of the company’s stock worth $996,000 after buying an additional 462 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new position in CECO Environmental during the third quarter worth $25,000. Aventura Private Wealth LLC bought a new position in CECO Environmental during the fourth quarter worth $30,000. Finally, OFI Invest Asset Management raised its stake in CECO Environmental by 3.2% during the fourth quarter. OFI Invest Asset Management now owns 18,082 shares of the company’s stock worth $1,082,000 after buying an additional 562 shares during the last quarter. Institutional investors and hedge funds own 68.08% of the company’s stock.

CECO Environmental Trading Down 1.7%

CECO opened at $86.25 on Thursday. CECO Environmental Corp. has a 1-year low of $24.71 and a 1-year high of $90.25. 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 has a market cap of $3.09 billion, a P/E ratio of 233.11 and a beta of 1.53. The company has a fifty day moving average price of $62.05 and a two-hundred day moving average price of $61.00.

CECO Environmental (NASDAQ:CECOGet Free Report) last posted its quarterly 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 firm had revenue of $205.92 million during the quarter, compared to the consensus estimate of $198.88 million. During the same period in the previous year, the firm posted $0.10 earnings per share. The business’s revenue was up 16.5% compared to the same quarter last year. Analysts predict that CECO Environmental Corp. will post 1.77 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on CECO shares. Craig Hallum reissued a “buy” rating and set a $103.00 target price on shares of CECO Environmental in a research note on Tuesday, April 28th. Weiss Ratings raised shares of CECO Environmental from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, April 24th. Lake Street Capital reissued a “buy” rating and set a $80.00 target price on shares of CECO Environmental in a research note on Wednesday, February 25th. Zacks Research raised shares of CECO Environmental from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. Finally, HC Wainwright lifted their target price on shares of CECO Environmental from $55.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, February 25th. One research 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. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $86.83.

View Our Latest Research Report 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.

Further Reading

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Institutional Ownership by Quarter for CECO Environmental (NASDAQ:CECO)

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