CECO

CECO ENVIRONMENTAL CORP

Nasdaq · Industrial & Commercial Fans & Blowers & Air Purifing Equip · Inc. DE · CIK 0000003197
$80.53 +3.22% $2.9B
Insider Selling Cluster (2 insiders)High Impact Filing (7/10)3 New Institutional Positions
Vol
Market Cap$2.9B
Cap SizeMid Cap
Analyst ConsensusStrong Buy (91%)
Inst. Holders7 funds
Inst. Value$316.7M
Inst. Activity3 buys / 0 sells
Insider Activity2B / 1S
Insider Net $$1.4M
SEC Reports6
Press Releases2
Exchange Nasdaq·Sector Industrial & Commercial Fans & Blowers & Air Purifing Equip·Inc. DE·CIK 0000003197·Prev Close $78.02

Recent Activity

Jun 9, 2026 SEC
CECO issued a post-closing update on its acquisition of Thermon Group, providing initial full-year 2026 combined guidanc
8-K — Impact 7/10
Jun 1, 2026 SEC
CECO Environmental Corp. completed its transformative acquisition of Thermon Group Holdings on June 1, 2026, issuing app
8-K — Impact 7/10
Jun 1, 2026 Press
CECO Environmental completed its strategic combination with Thermon Group Holdings, a diversified industrial process hea
Impact 6/10
Jun 1, 2026 m_and_a
CECO Environmental Completes Acquisition of Thermon Group Holdings
Company Announces Investor Call for June 9th <pre>Company Announces Investor Call for June 9th</pre>
Jun 1, 2026 Insider
WALLMAN RICHARD F sold 3,443 shares
Director @ $0.00 ($0.00)
Jun 1, 2026 Insider
SACHS VALERIE GENTILE sold 3,190 shares
Director @ $0.00 ($0.00)
Jun 1, 2026 Insider
WALLMAN RICHARD F bought 20,000 shares
Director @ $76.85 ($1.5M)
May 28, 2026 SEC
CECO stockholders overwhelmingly approved the issuance of shares for the Thermon merger (99.93% of votes cast in favor),
8-K — Impact 7/10

Price Targets

$98.60 +3.3% upside Hold
Current $95.45 Low $85.00 Median $90.00 High $117.00 5 analysts
$85.00 $117.00

Analyst Ratings

Strong Buy91% buy · 11 analysts
2Strong Buy
8Buy
1Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
Apr 29, 2026 Needham MAINTAIN Buy → Buy
Mar 26, 2026 Needham REITERATE Buy → Buy
Feb 25, 2026 Roth Capital MAINTAIN Buy → Buy
Feb 25, 2026 HC Wainwright & Co. MAINTAIN Buy → Buy
Feb 25, 2026 Needham MAINTAIN Buy → Buy

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $0.34 ▲ +10.3% $0.29 — $0.48 43% YoY 5
Next Q $0.43 ▲ +7.0% $0.34 — $0.50 65% YoY 5
Current FY $1.80 ▲ +8.0% $1.68 — $1.87 102% YoY 5
Next FY $2.45 ▲ +8.9% $1.92 — $2.99 36% YoY 5

Top Institutional Holders

FundValueMove
FMR LLC$132.4M
VANGUARD GROUP INC$106.6M
TWO SIGMA INVESTMENTS, LP$31.5MADD
MORGAN STANLEY$17.6MADD
CHARLES SCHWAB INVESTMENT MANAGEMENT$15.2MNEW

Recent Insider Trades

DateInsiderTypeValue
Jun 1, 2026WALLMAN RICHARDA$0.00
Jun 1, 2026SACHS VALERIEA$0.00
Jun 1, 2026WALLMAN RICHARDBUY$1.5M
Jun 1, 2026SIEGEL LAURIEA$0.00
Jun 1, 2026KNOWLING ROBERTA$0.00
7 institutional holders with $316.7M total value (5,292,243 shares) as of 2025-Q4. Top holders: FMR, VANGUARD, TWO. Net buying activity: 3 institutions added/increased vs 0 reduced.

Top Institutional Holders — 2025-Q4

#FundSharesValue% of TrackedLast Move
1FMR LLC2,211,372$132.4M41.8%
2VANGUARD GROUP INC1,780,596$106.6M33.6%
3TWO SIGMA INVESTMENTS, LP525,567$31.5M9.9%ADD +73.6%
4MORGAN STANLEY294,115$17.6M5.6%ADD +37.9%
5CHARLES SCHWAB INVESTMENT MANAGEMENT INC253,726$15.2M4.8%NEW
6BANK OF AMERICA CORP /DE/125,979$7.5M2.4%ADD +63.7%
7WELLS FARGO & COMPANY/MN100,888$6.0M1.9%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
TWO SIGMA INVESTMENTS, LPADD302,691525,567+73.6%$31.5M2025-Q4
MORGAN STANLEYADD213,241294,115+37.9%$17.6M2025-Q4
BANK OF AMERICA CORP /DE/ADD76,979125,979+63.7%$7.5M2025-Q4
TWO SIGMA INVESTMENTS, LPDOUBLED8,135302,691+3620.8%$15.5M2025-Q3
MORGAN STANLEYADD155,475213,241+37.2%$10.9M2025-Q3
UBS Group AGTRIM69,15448,689-29.6%$2.5M2025-Q3
UBS Group AGTRIM102,20669,154-32.3%$2.0M2025-Q2
TWO SIGMA INVESTMENTS, LPNEAR_EXIT55,3178,135-85.3%$230.3K2025-Q2
MORGAN STANLEYTRIM208,091142,109-31.7%$3.2M2025-Q1
CITADEL ADVISORS LLCTRIM54,37426,260-51.7%$598.7K2025-Q1
MORGAN STANLEYTRIM290,001208,091-28.2%$6.3M2024-Q4
UBS Group AGDOUBLED30,468123,571+305.6%$3.7M2024-Q4
CITADEL ADVISORS LLCDOUBLED18,60054,374+192.3%$1.6M2024-Q4
CHARLES SCHWAB INVESTMENT MANAGEMENT INCNEW235,497$6.6M2024-Q3
14 unique insiders with 3 transactions. Net insider value: $1.4M ($2.3M bought, $830.1K sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Jun 1, 2026WALLMAN RICHARD FDirectorA3,443$0.00$0.00
Jun 1, 2026SACHS VALERIE GENTILEDirectorA3,190$0.00$0.00
Jun 1, 2026WALLMAN RICHARD FDirectorBUY20,000$76.85$1.5M
Jun 1, 2026SIEGEL LAURIEDirectorA2,215$0.00$0.00
Jun 1, 2026KNOWLING ROBERT E JRDirectorA2,215$0.00$0.00
Jun 1, 2026Nanda MunishDirectorA2,215$0.00$0.00
Jun 1, 2026Mannarino Claudio ADirectorA1,107$0.00$0.00
Jun 1, 2026Mannarino Claudio ADirectorA1,108$0.00$0.00
Jun 1, 2026DEZWIREK JASONDirectorA2,215$0.00$0.00
Jun 1, 2026Harris-Peterson CandaceChief Human Resources OfficerA3,133$0.00$0.00
Jun 1, 2026GEORGE MARCUS JDirectorA36,690$0.00$0.00
Jun 1, 2026RICHEY VICTOR L JRDirectorA2,215$0.00$0.00
Jun 1, 2026RICHEY VICTOR L JRDirectorA6,378$0.00$0.00
May 1, 2026Nanda MunishDirectorSELL11,218$74.00$830.1K
Apr 29, 2026WALLMAN RICHARD FDirectorBUY10,000$73.25$732.5K
Mar 31, 2026Johansson Peter K.SVP, Chief Financial OfficerF653$59.58$38.9K
Mar 31, 2026Gleason Todd RChief Executive OfficerF2,110$59.58$125.7K
Mar 31, 2026Gregory Alyson NoelGeneral CounselF175$59.58$10.4K
Mar 17, 2026Kovachev KirilChief Accounting OfficerF346$57.06$19.7K
Mar 17, 2026Gregory Alyson NoelGeneral CounselF139$57.06$7.9K
Mar 17, 2026Johansson Peter K.SVP, Chief Financial OfficerF1,570$57.06$89.6K
Mar 16, 2026Gleason Todd RChief Executive OfficerA17,563$0.00$0.00
Mar 16, 2026Gregory Alyson NoelGeneral CounselA3,155$0.00$0.00
Mar 16, 2026Kovachev KirilChief Accounting OfficerA1,753$0.00$0.00
Mar 16, 2026Johansson Peter K.SVP, Chief Financial OfficerA3,944$0.00$0.00
Mar 15, 2026Gregory Alyson NoelGeneral CounselF150$54.50$8.2K
Mar 15, 2026Kovachev KirilChief Accounting OfficerF380$54.50$20.7K
Mar 15, 2026Gleason Todd RChief Executive OfficerA75,055$0.00$0.00
Mar 15, 2026Gleason Todd RChief Executive OfficerF29,535$54.85$1.6M
Mar 15, 2026Johansson Peter K.SVP, Chief Financial OfficerA16,083$0.00$0.00
Mar 15, 2026Johansson Peter K.SVP, Chief Financial OfficerF4,967$54.85$272.4K
Mar 7, 2026Gregory Alyson NoelGeneral CounselF287$52.53$15.1K
Mar 7, 2026Gleason Todd RChief Executive OfficerF3,557$52.53$186.8K
Current analyst consensus: Strong Buy (91% buy). Based on 11 analysts: 2 strong buy, 8 buy, 1 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$98.60 mean target +3.3% upside Hold (1.20)
$85.00 Low $117.00 High
MetricValue
Current Price$95.45
Target Low$85.00
Target Mean$98.60
Target Median$90.00
Target High$117.00
# Analysts5
RecommendationHold (1.20)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$0.34 $0.29 $0.48 43.3% +10.3% 2↑ 3↓ $0.3B 35.8% 5
Next Q
2026-09-30
$0.43 $0.34 $0.50 64.6% +7.0% 2↑ 2↓ $0.3B 51.1% 5
Current FY
2026-12-31
$1.80 $1.68 $1.87 102.1% +8.0% 4↑ 1↓ $1.1B 42.1% 5
Next FY
2027-12-31
$2.45 $1.92 $2.99 36.0% +8.9% 4↑ 0↓ $1.3B 22.1% 5

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$0.344
7d ago$0.312+0.032
30d ago$0.312+0.032
60d ago$0.332+0.012
90d ago$0.332+0.012
4 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
Apr 29, 2026 Needham MAINTAIN Buy Buy
Mar 26, 2026 Needham REITERATE Buy Buy
Feb 25, 2026 Roth Capital MAINTAIN Buy Buy
Feb 25, 2026 HC Wainwright & Co. MAINTAIN Buy Buy
Feb 25, 2026 Needham MAINTAIN Buy Buy
Jan 16, 2026 Needham MAINTAIN Buy Buy
Dec 24, 2025 Northland Capital Markets MAINTAIN Outperform Outperform
Dec 16, 2025 Needham MAINTAIN Buy Buy

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20262810091%
May 1, 20262910092%
Apr 1, 20262910092%
Mar 1, 20262910092%
Feb 1, 20262910092%
Jan 1, 20262910092%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.

Jun 1, 2026
m_and_a
CECO Environmental Completes Acquisition of Thermon Group Holdings
Company Announces Investor Call for June 9th <pre>Company Announces Investor Call for June 9th</pre>
May 29, 2026
short_volume
Short Volume: CECO — 78.2% short (0.5M / 0.6M)
Short: 451,123 | Exempt: 15,942 | TRF Vol: 576,804 | Short Ratio: 78.2% | Off-exchange volume (dark pool + OTC)
May 28, 2026
short_volume
Short Volume: CECO — 79.3% short (0.6M / 0.8M)
Short: 616,192 | Exempt: 8,560 | TRF Vol: 777,372 | Short Ratio: 79.3% | Off-exchange volume (dark pool + OTC)
May 26, 2026
short_volume
Short Volume: CECO — 72.6% short (0.4M / 0.5M)
Short: 370,572 | Exempt: 0 | TRF Vol: 510,370 | Short Ratio: 72.6% | Off-exchange volume (dark pool + OTC)
May 15, 2026
activist
CECO Environmental and Thermon Group Holdings Announce Election Deadline for Thermon Stockholders to Elect Form of Merger Consideration
<p>ADDISON, Texas, and AUSTIN, Texas, May 15, 2026 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO) (“CECO”) and Thermon Group Holdings,
May 6, 2026
short_interest
FTD: CECO — 66,652 shares ($5.9M) failed to deliver
Settlement: 20260506, Price: $87.78, FTD Value: $5,850,712.56, CECO ENVIRONMENTAL CORP
May 5, 2026
short_interest
FTD: CECO — 27,639 shares ($2.2M) failed to deliver
Settlement: 20260505, Price: $78.17, FTD Value: $2,160,540.63, CECO ENVIRONMENTAL CORP
May 5, 2026
short_volume
Short Volume: CECO — 73.4% short (0.5M / 0.7M)
Short: 525,835 | Exempt: 200 | TRF Vol: 716,510 | Short Ratio: 73.4% | Off-exchange volume (dark pool + OTC)
May 4, 2026
short_volume
Short Volume: CECO — 82.2% short (0.5M / 0.6M)
Short: 499,203 | Exempt: 0 | TRF Vol: 607,368 | Short Ratio: 82.2% | Off-exchange volume (dark pool + OTC)
Apr 28, 2026
earnings
CECO Environmental Reports First Quarter 2026 Results
<p align="center"><em>Strong First Quarter Results Highlighted by Orders up 97 Percent and Backlog Eclipsing $1B</em><br><em>Largest Natural Gas Power
Apr 28, 2026
earnings_calendar
CECO Q1 2026 Earnings Scheduled — 2026-04-28
Apr 28, 2026
short_volume
Short Volume: CECO — 75.6% short (0.7M / 0.9M)
Short: 707,658 | Exempt: 0 | TRF Vol: 936,233 | Short Ratio: 75.6% | Off-exchange volume (dark pool + OTC)
Apr 15, 2026
earnings
CECO Environmental to Release First Quarter 2026 Earnings and Host Conference Call on April 28
<p align="justify">ADDISON, Texas, April 15, 2026 (GLOBE NEWSWIRE) -- <strong>CECO Environmental Corp. (Nasdaq: CECO)</strong>, a leading environmen
Apr 6, 2026
Enforcement
HSR Early Termination: CECO Environmental Corp.; Thermon Group Holdings, Inc.
The FTC granted early termination of the HSR Act waiting period for a transaction involving CECO Environmental Corp.; Thermon Group Holdings, Inc..
Apr 1, 2026
short_interest
FTD: CECO — 75,720 shares ($4.5M) failed to deliver
Settlement: 20260401, Price: $59.58, FTD Value: $4,511,397.6, CECO ENVIRONMENTAL CORP
Mar 20, 2026
other
CECO Environmental and Thermon to Host Joint CEO Fireside Chat at Upcoming Roth Conference
<p align="justify">ADDISON, Texas, March 20, 2026 (GLOBE NEWSWIRE) -- <strong>CECO Environmental </strong><strong>Corp. (Nasdaq: CECO)</strong>, a l