Fuel Tech (FTEK)

• Market cap: $30.2M
• 1 day: -0.76%
• 5 days: 2.34%
• 1 month: -1.75%
• 3 months: -2.72%
• 6 months: -5.53%
• Year to date: -5.53%
• 1 year: -13.05%
• 5 years: 86.29%
• 10 years: -65.65%
• Sector: Industrials
• Industry: Pollution & Treatment Controls

About: Fuel Tech Inc is an technology provider of boiler optimization, efficiency improvement, and air pollution reduction to utility and industrial customers. The company operates in two segments, Air Pollution Control and Fuel Chem. The Air Pollution Control technology segment includes technologies to reduce NOx emissions in flue gas from boilers, incinerators, furnaces and other stationary combustion sources. The Fuel Chem technology segment uses chemical processes in combination with Computational Fluid Dynamics and Chemical Kinetics Modeling boiler modeling for the control of slagging, fouling, corrosion, opacity and other sulfur trioxide-related issues in furnaces and boilers through the addition of chemicals into the furnace using TIFI Targeted In-Furnace Injection technology.

Employees: 72

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

8,500% more call options, than puts

Call options by funds: $86K | Put options by funds: $1K

100% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 5

75% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 4

8% more funds holding

Funds holding: 36 [Q3] → 39 (+3) [Q4]

8% more capital invested

Capital invested by funds: $6.77M [Q3] → $7.31M (+$538K) [Q4]

1.66% more ownership

Funds ownership: 21.0% [Q3] → 22.67% (+1.66%) [Q4]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $4 307% upside
• Avg. target: $4 307% upside
• High target: $4 307% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

HC Wainwright & Co. Amit Dayal 18% 1-year accuracy 22 / 120 met price target

307% upside $4

Buy Reiterated

6 Mar 2025