Los Angeles Capital Management LLC Cuts Holdings in EMCOR Group, Inc. $EME

Los Angeles Capital Management LLC reduced its position in EMCOR Group, Inc. (NYSE:EME) by 10.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 112,828 shares of the construction company’s stock after selling 12,586 shares during the period. Los Angeles Capital Management LLC’s holdings in EMCOR Group were worth $73,113,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Asahi Life Asset Management CO. LTD. acquired a new stake in EMCOR Group in the 3rd quarter valued at $445,000. Wealth Enhancement Advisory Services LLC increased its holdings in EMCOR Group by 12.9% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 12,149 shares of the construction company’s stock valued at $7,972,000 after purchasing an additional 1,389 shares in the last quarter. Public Sector Pension Investment Board increased its holdings in EMCOR Group by 18.7% in the 3rd quarter. Public Sector Pension Investment Board now owns 23,982 shares of the construction company’s stock valued at $15,577,000 after purchasing an additional 3,783 shares in the last quarter. Sierra Summit Advisors LLC acquired a new stake in EMCOR Group in the 3rd quarter valued at $5,459,000. Finally, Navellier & Associates Inc. increased its holdings in EMCOR Group by 2.0% in the 3rd quarter. Navellier & Associates Inc. now owns 33,279 shares of the construction company’s stock valued at $21,616,000 after purchasing an additional 658 shares in the last quarter. 92.59% of the stock is owned by hedge funds and other institutional investors.

EMCOR Group Stock Performance

NYSE:EME opened at $817.00 on Friday. The company has a market capitalization of $36.31 billion, a price-to-earnings ratio of 27.41 and a beta of 1.12. EMCOR Group, Inc. has a one year low of $455.14 and a one year high of $951.96. The stock has a 50-day simple moving average of $837.60 and a 200 day simple moving average of $739.90.

EMCOR Group (NYSE:EME) last posted its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, topping analysts’ consensus estimates of $5.90 by $0.94. The business had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.20 billion. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The company’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same period last year, the firm earned $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, equities research analysts forecast that EMCOR Group, Inc. will post 29.22 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Thursday, April 16th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Thursday, April 16th. EMCOR Group’s dividend payout ratio (DPR) is 5.37%.

Insider Transactions at EMCOR Group

In other EMCOR Group news, VP Robert Peter Lind sold 675 shares of the firm’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $894.27, for a total value of $603,632.25. Following the transaction, the vice president owned 4,216 shares of the company’s stock, valued at $3,770,242.32. This trade represents a 13.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Steven Schwarzwaelder sold 5,602 shares of the firm’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $895.19, for a total transaction of $5,014,854.38. Following the completion of the transaction, the director directly owned 15,875 shares in the company, valued at $14,211,141.25. This represents a 26.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 9,077 shares of company stock valued at $8,155,191 over the last ninety days. 0.83% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on EME. Wall Street Zen upgraded EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. UBS Group increased their price target on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a report on Friday, March 6th. Oppenheimer began coverage on EMCOR Group in a report on Thursday, May 28th. They issued an “outperform” rating and a $1,100.00 price target for the company. Robert W. Baird increased their price target on EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Finally, DA Davidson increased their price target on EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a report on Friday, February 27th. Ten equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $836.88.

EMCOR Group 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.