Cox Capital Mgt LLC Sells 10,367 Shares of CECO Environmental Corp. $CECO

Cox Capital Mgt LLC lowered its holdings in CECO Environmental Corp. (NASDAQ:CECO) by 46.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,088 shares of the company’s stock after selling 10,367 shares during the quarter. Cox Capital Mgt LLC’s holdings in CECO Environmental were worth $776,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in CECO. Caitong International Asset Management Co. Ltd acquired a new position in shares of CECO Environmental during the third quarter worth approximately $25,000. Aventura Private Wealth LLC acquired a new stake in shares of CECO Environmental in the fourth quarter worth $30,000. Advisory Services Network LLC bought a new position in CECO Environmental during the third quarter worth $31,000. Global Retirement Partners LLC bought a new position in CECO Environmental during the third quarter worth $50,000. Finally, First Horizon Corp acquired a new position in CECO Environmental during the 3rd quarter valued at $64,000. 68.08% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on CECO. Needham & Company LLC restated a “buy” rating and issued a $80.00 price target on shares of CECO Environmental in a research report on Thursday. Lake Street Capital reiterated a “buy” rating and issued a $80.00 target price on shares of CECO Environmental in a research note on Wednesday, February 25th. Roth Mkm lifted their target price on CECO Environmental from $58.00 to $68.00 and gave the stock a “buy” rating in a research report on Wednesday, February 25th. HC Wainwright boosted their price target on CECO Environmental from $55.00 to $90.00 and gave the company a “buy” rating in a research note on Wednesday, February 25th. Finally, Northland Securities upped their price target on CECO Environmental from $60.00 to $73.00 and gave the company an “outperform” rating in a report on Wednesday, December 24th. Six equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $78.20.

CECO Environmental Trading Down 0.2%

Shares of CECO Environmental stock opened at $60.95 on Friday. CECO Environmental Corp. has a 52-week low of $17.57 and a 52-week high of $81.72. The firm has a market capitalization of $2.17 billion, a PE ratio of 44.82 and a beta of 1.39. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.34 and a quick ratio of 1.16. The company’s fifty day moving average price is $65.28 and its two-hundred day moving average price is $58.01.

CECO Environmental (NASDAQ:CECO) last issued its earnings results on Tuesday, February 24th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.35). The business had revenue of $214.69 million for the quarter, compared to analyst estimates of $205.39 million. CECO Environmental had a net margin of 6.46% and a return on equity of 10.60%. CECO Environmental’s revenue was up 35.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.27 earnings per share. On average, analysts expect that CECO Environmental Corp. will post 0.67 EPS for the current year.

About CECO Environmental

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.