T. Rowe Price Investment Management Reports New 6.0% Stake in CECO Environmental Corp

T. Rowe Price Investment Management, Inc. filed a Schedule 13G on May 15, 2026, disclosing a new 6.0% ownership stake in CECO Environmental Corp (CECO). As of the event date on March 31, 2026, the investment firm reported beneficial ownership of 2,131,845 shares of common stock. This filing represents an increase in holdings from a previously unreported position of zero. The reporting person, an investment adviser based in Maryland, holds sole dispositive power over all 2,131,845 shares and sole voting power over 2,127,510 shares. The filing indicates that the securities were acquired in the ordinary course of business and are not held for the purpose of changing or influencing the control of the issuer. T. Rowe Price Investment Management, Inc. expressly denies beneficial ownership of these securities in the filing. This transaction highlights a significant institutional entry into CECO Environmental Corp, crossing the 5% regulatory reporting threshold.