Universal Beteiligungs und Servicegesellschaft mbH trimmed its holdings in shares of EMCOR Group, Inc. (NYSE:EME – Free Report) by 14.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 43,454 shares of the construction company’s stock after selling 7,140 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in EMCOR Group were worth $26,618,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of EME. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of EMCOR Group during the fourth quarter valued at approximately $26,000. Main Street Group LTD increased its position in shares of EMCOR Group by 110.0% during the third quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock valued at $27,000 after acquiring an additional 22 shares during the last quarter. Quent Capital LLC purchased a new stake in shares of EMCOR Group during the third quarter valued at approximately $29,000. Orion Capital Management LLC purchased a new stake in shares of EMCOR Group during the third quarter valued at approximately $31,000. Finally, Richardson Financial Services Inc. increased its position in shares of EMCOR Group by 71.9% during the fourth quarter. Richardson Financial Services Inc. now owns 55 shares of the construction company’s stock valued at $34,000 after acquiring an additional 23 shares during the last quarter. 92.59% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at EMCOR Group
In other EMCOR Group news, CEO Anthony Guzzi sold 36,000 shares of the firm’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $729.48, for a total value of $26,261,280.00. Following the completion of the sale, the chief executive officer directly owned 170,299 shares of the company’s stock, valued at $124,229,714.52. This trade represents a 17.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.83% of the stock is owned by corporate insiders.
EMCOR Group Price Performance
EMCOR Group (NYSE:EME – Get Free Report) last released its earnings results on Thursday, February 26th. The construction company reported $7.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.68 by $0.51. EMCOR Group had a return on equity of 35.89% and a net margin of 7.49%.The business had revenue of $4.51 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same period last year, the business posted $6.32 earnings per share. The business’s revenue for the quarter was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. As a group, analysts anticipate that EMCOR Group, Inc. will post 28.24 earnings per share for the current year.
EMCOR Group Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, April 16th. EMCOR Group’s dividend payout ratio (DPR) is currently 5.67%.
Analysts Set New Price Targets
A number of brokerages recently commented on EME. Wall Street Zen downgraded EMCOR Group from a “buy” rating to a “hold” rating in a research report on Saturday, April 18th. UBS Group increased their price target on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research report on Friday, March 6th. DA Davidson increased their price target on EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a research report on Friday, February 27th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a research report on Monday. Finally, Robert W. Baird raised their target price on EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. Nine equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, EMCOR Group presently has an average rating of “Moderate Buy” and a consensus target price of $796.86.
Read Our Latest Analysis on EMCOR Group
EMCOR Group Company Profile
EMCOR Group, Inc is a provider of mechanical and electrical construction, industrial and energy infrastructure, and facilities services to commercial, institutional and industrial clients. The company delivers a broad range of services that include design-build and traditional construction of mechanical, electrical and plumbing systems; ongoing facilities maintenance and operations; and specialized industrial services for sectors such as manufacturing, data centers, healthcare and utilities.
EMCOR’s service offerings encompass HVAC, plumbing, electrical installation and maintenance, fire protection, building automation and controls, commissioning, testing and balancing, and energy management solutions.
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