ceco is diversified global provider of leading engineered technologies to the environmental, energy, and fluid handling and filtration industrial segments, targeting specific niche-focused end markets through an attractive asset-light business model, strategically balanced across the world. ceco targets its $5 billion+ of installed base, specifically to expand and grow a higher recurring revenue of aftermarket products and services. ceco’s well respected brands, technologies and solutions have been evolving for well over 50 years to become leading-edge technologies in specific niche global end markets, including natural gas turbine power, refinery & petrochemical engineered cyclones and mid-stream energy pipeline gas transmission. ceco is listed on nasdaq under the ticker symbol “cece.” for more information, please visit www.cecoenviro.com.
Company profile
Ticker
CECO
Exchange
Website
CEO
Dennis Sadlowski
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
API ENTERPRISES INC, ALARM PRODUCTS INTERNATIONAL INC
SEC CIK
Corporate docs
Subsidiaries
Aarding Thermal Acoustics B.V. • Aarding Thermal Acoustics USA Inc. • Arkanum Management Limited • CECO Emtrol Buell India Private Limited • CECO Environmental (Shanghai) Co., Ltd. • CECO Environmental Asia Pacific Pte. Ltd. • CECO Environmental IP Inc. • CECO Environmental Mexico • CECO Environmental Netherlands B.V. • CECO Group Global Holdings LLC ...
IRS number
132566064
CECO stock data
Latest filings (excl ownership)
PRE 14A
Preliminary proxy
22 Mar 24
10-K
2023 FY
Annual report
5 Mar 24
8-K
Ceco Environmental Reports Fourth Quarter and Full Year 2023 Results
5 Mar 24
10-Q
2023 Q3
Quarterly report
7 Nov 23
8-K
Ceco Environmental Reports Third Quarter 2023 Results
7 Nov 23
8-K
Departure of Directors or Certain Officers
5 Oct 23
8-K
Regulation FD Disclosure
13 Sep 23
8-K
CECO Environmental Announces Appointment of Laurie A. Siegel to its Board of Directors
11 Sep 23
8-K
Departure of Directors or Certain Officers
8 Sep 23
8-K
Departure of Directors or Certain Officers
25 Aug 23
Transcripts
CECO
Earnings call transcript
2023 Q4
5 Mar 24
CECO
Earnings call transcript
2023 Q3
7 Nov 23
CECO
Earnings call transcript
2023 Q2
8 Aug 23
CECO
Earnings call transcript
2023 Q1
9 May 23
CECO
Earnings call transcript
2023 Q1
9 May 23
CECO
Earnings call transcript
2022 Q4
6 Mar 23
CECO
Earnings call transcript
2022 Q3
7 Nov 22
CECO
Earnings call transcript
2022 Q2
8 Aug 22
CECO
Earnings call transcript
2022 Q2
8 Aug 22
CECO
Earnings call transcript
2022 Q1
10 May 22
Latest ownership filings
4
Todd R Gleason
19 Mar 24
4
Peter K. Johansson
19 Mar 24
4
Joycelynn Watkins-Asiyanbi
19 Mar 24
4
Kiril Kovachev
19 Mar 24
4
LAURIE SIEGEL
8 Mar 24
4
RICHARD F WALLMAN
8 Mar 24
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
9 Feb 24
SC 13G
BlackRock Inc.
26 Jan 24
4
RICHARD F WALLMAN
9 Jan 24
4
Todd R Gleason
26 Dec 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 48.34 mm | 48.34 mm | 48.34 mm | 48.34 mm | 48.34 mm | 48.34 mm |
Cash burn (monthly) | 72.00 k | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 429.68 k | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 47.91 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 665.4 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
49.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 107 |
Opened positions | 21 |
Closed positions | 63 |
Increased positions | 26 |
Reduced positions | 36 |
13F shares | Current |
---|---|
Total value | 266.25 bn |
Total shares | 17.39 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Dimensional Fund Advisors | 2.33 mm | $47.19 bn |
Vanguard | 1.50 mm | $30.45 bn |
Trigran Investments | 1.48 mm | $9.22 mm |
American Century Investment Management | 1.31 mm | $0.00 |
Royce & Associates | 989.75 k | $20.07 bn |
RK Capital Management | 790.55 k | $16.03 bn |
STT State Street | 624.67 k | $12.67 bn |
Wellington Management | 581.25 k | $11.79 bn |
First Eagle Investment Management | 483.36 k | $9.80 bn |
Russell Investments | 448.25 k | $9.09 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 24 | Todd R Gleason | Common Stock | Grant | Acquire A | No | No | 0 | 76,337 | 0.00 | 304,195 |
15 Mar 24 | Todd R Gleason | Stock Option Common Stock | Grant | Acquire A | No | No | 21.32 | 25,446 | 542.51 k | 25,446 |
15 Mar 24 | Peter K. Johansson | Common Stock | Grant | Acquire A | No | No | 0 | 26,384 | 0.00 | 67,239 |
15 Mar 24 | Joycelynn Watkins-Asiyanbi | Common Stock | Grant | Acquire A | No | No | 0 | 23,454 | 0.00 | 62,435 |
15 Mar 24 | Kiril Kovachev | Common Stock | Grant | Acquire A | No | No | 0 | 4,691 | 0.00 | 12,239 |
6 Mar 24 | Siegel Laurie | Common Stock | Buy | Acquire P | No | No | 19.8654 | 2,500 | 49.66 k | 7,906 |
News
A Closer Look at 4 Analyst Recommendations For CECO Environmental
6 Mar 24
Northland Capital Markets Maintains Outperform on CECO Environmental, Raises Price Target to $28
6 Mar 24
These Analysts Boost Their Forecasts On CECO Environmental After Upbeat Q4 Results
6 Mar 24
Needham Maintains Buy on CECO Environmental, Raises Price Target to $23
6 Mar 24
HC Wainwright & Co. Maintains Buy on CECO Environmental, Raises Price Target to $30
6 Mar 24