CECO Environmental (NASDAQ:CECO) Given New $80.00 Price Target at Needham & Company LLC

CECO Environmental (NASDAQ:CECO) had its target price boosted by Needham & Company LLC from $75.00 to $80.00 in a report issued on Wednesday morning,Benzinga reports. They currently have a buy rating on the stock.

CECO has been the subject of several other research reports. Northland Securities increased their target price on shares of CECO Environmental from $60.00 to $73.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 24th. HC Wainwright increased their price objective on shares of CECO Environmental from $55.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday. Weiss Ratings reissued a “buy (b-)” rating on shares of CECO Environmental in a research report on Wednesday, January 21st. Finally, Zacks Research upgraded CECO Environmental from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 11th. Seven analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, CECO Environmental currently has a consensus rating of “Moderate Buy” and a consensus price target of $78.20.

CECO Environmental Price Performance

CECO stock opened at $64.81 on Wednesday. CECO Environmental has a 52-week low of $17.57 and a 52-week high of $81.72. The company has a quick ratio of 1.13, a current ratio of 1.34 and a debt-to-equity ratio of 0.65. The stock has a market cap of $2.31 billion, a price-to-earnings ratio of 47.65 and a beta of 1.38. The business has a fifty day moving average of $67.25 and a two-hundred day moving average of $56.32.

CECO Environmental (NASDAQ:CECO) last released its quarterly earnings results on Tuesday, February 24th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.35). The business had revenue of $214.69 million for the quarter, compared to analysts’ expectations of $205.39 million. CECO Environmental had a return on equity of 10.60% and a net margin of 6.46%.The business’s revenue for the quarter was up 35.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.27 earnings per share. As a group, research analysts anticipate that CECO Environmental will post 0.67 earnings per share for the current year.

Institutional Trading of CECO Environmental

A number of large investors have recently modified their holdings of CECO. T. Rowe Price Investment Management Inc. boosted its holdings in CECO Environmental by 104.0% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 718,992 shares of the company’s stock valued at $43,032,000 after purchasing an additional 366,611 shares during the period. Invesco Ltd. raised its position in CECO Environmental by 217.1% in the 4th quarter. Invesco Ltd. now owns 135,511 shares of the company’s stock valued at $8,110,000 after purchasing an additional 92,772 shares in the last quarter. Tudor Investment Corp ET AL purchased a new position in shares of CECO Environmental in the 4th quarter valued at about $6,261,000. Twinbeech Capital LP acquired a new position in shares of CECO Environmental during the fourth quarter worth about $772,000. Finally, Osterweis Capital Management Inc. increased its stake in shares of CECO Environmental by 6.5% during the fourth quarter. Osterweis Capital Management Inc. now owns 223,682 shares of the company’s stock worth $13,387,000 after buying an additional 13,650 shares during the period. Hedge funds and other institutional investors own 68.08% of the company’s stock.

Key CECO Environmental News

Here are the key news stories impacting CECO Environmental this week:

• Positive Sentiment: CECO agreed to combine with Thermon Group in a roughly $2.2 billion cash-and-stock transaction that creates a broader industrial solutions platform and management expects sustained double‑digit growth from the combined company. Investors typically reward transformational M&A that extends market position and cross‑sells products. GlobeNewswire: CECO Announces Strategic Combination with Thermon
• Positive Sentiment: CECO raised FY‑2026 revenue guidance to $925M–$975M (well above consensus), signaling stronger top‑line momentum even before Thermon is folded in—supporting higher valuation expectations. MSN: CECO outlines 2026 revenue target
• Positive Sentiment: Several brokers hiked price targets and reiterated buy ratings (HC Wainwright to $90, Needham to $80, Roth MKM to $68), which likely contributed to buying interest and helped lift sentiment. Analyst optimism increases the chances of additional institutional demand. Benzinga: Analyst upgrades and price target changes
• Neutral Sentiment: Q4 revenue rose ~35% year‑over‑year and beat estimates, but EPS missed consensus (reported $0.08 vs. est. $0.43). Revenue strength supports the growth story; the EPS miss leaves short‑term earnings credibility a question. GlobeNewswire: Q4 and full‑year 2025 results
• Neutral Sentiment: Reported short interest data in late February appears nonsensical (zero shares / NaN change), suggesting either a data error or negligible short activity; this item is unlikely to be a material driver today.
• Negative Sentiment: Two law firms announced investigations into whether CECO’s merger terms are fair to shareholders, creating legal overhang and potential distraction/risk around deal execution and approvals. That scrutiny can put downward pressure or increase volatility until resolved. PR Newswire: Shareholder investigation announced BusinessWire: Halper Sadeh investigation

CECO Environmental Company Profile

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.