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StocksMedium•11 February 2026•

1 min read

Navellier & Associates Acquires New Stake in CECO Environmental Amid Bullish Analyst Sentiment

Navellier & Associates Inc. has established a new position in CECO Environmental Corp. (NASDAQ:CECO), acquiring 28,595 shares valued at approximately $1.46 million during the third quarter. This move highlights growing institutional confidence in CECO, with institutional investors now collectively owning 68.08% of the company's stock. The investment firm's decision aligns with Wall Street analysts' consensus, who maintain a "Moderate Buy" rating for CECO. Analysts have set a target price of $64.75, suggesting potential upside for the stock. CECO Environmental's shares are currently trading near their 1-year high, reflecting positive market momentum. The company boasts a robust market capitalization of $2.62 billion, underscoring its significant presence in the sector. This new stake by Navellier & Associates further reinforces the bullish outlook for CECO Environmental.