Thrivent Financial for Lutherans Reduces $3M in CECO Environmental Corp. ($CECO)
Key Points
- Thrivent Financial for Lutherans changed its CECO Environmental Corp. ($CECO) stake by 4.8% last quarter, cutting to 640,006 shares worth $61.73 million.
- Wall Street's consensus rating on $CECO is Strong Buy and an average price target of $102.60.
- $CECO last traded around $96.44.
Thrivent Financial for Lutherans trimmed its position in CECO Environmental Corp. ($CECO) by 4.8% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 640,006 shares of CECO Environmental Corp. after selling 32,141 shares during the quarter. Thrivent Financial for Lutherans's holdings in CECO Environmental Corp. were worth $61.73 million as of its most recent filing.
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About CECO Environmental Corp.
CECO Environmental Corp. provides critical solutions in industrial air quality, industrial water treatment, and energy transition solutions in the United States, the United Kingdom, the Netherlands, China, and internationally. It operates through Engineered Systems and Industrial Process Solutions segments. The company offers emissions management, fluid bed cyclones, thermal acoustics, and separation and filtration solutions; engineering services and environmental systems; and industrial exhaust air contamination treatment and control systems, solutions, and services, as well as intelligent control solutions. It also provides engineered and configured products and solutions, including dampers and diverters, expansion joints, selective catalytic reduction systems, severe-service and industrial cyclones, dust collectors, thermal oxidizers, filtration systems, wet and dry scrubbers, separators and coalescers, water treatment packages, metallic and non-metallic pumps, industrial silencers, and fluid handling equipment, as well as plant engineering services and engineered design build fabrication services. In addition, the company offers solutions for air pollution and contamination control, fluid handling, and process filtration in various applications, such as aluminum beverage can production, automobile production, food and beverage processing, semiconductor fabrication, electronics production, steel and aluminum mill processing, wood manufacturing, desalination, and aquaculture markets, as well as it provides engineered industrial process heating solutions for process industries. It markets its power generation, hydrocarbon processing, water/wastewater treatment, oily water separation and treatment, marine and naval vessels, and midstream oil and gas sectors. CECO Environmental Corp. was founded in 1869 and is headquartered in Addison, Texas.
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