Marks Group Wealth Management Inc Sells 2,756 Shares of EMCOR Group, Inc. $EME

Marks Group Wealth Management Inc trimmed its position in shares of EMCOR Group, Inc. (NYSE:EME) by 15.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 15,675 shares of the construction company’s stock after selling 2,756 shares during the quarter. EMCOR Group makes up about 0.9% of Marks Group Wealth Management Inc’s portfolio, making the stock its 19th biggest position. Marks Group Wealth Management Inc’s holdings in EMCOR Group were worth $9,590,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in EME. Barnes Dennig Private Wealth Management LLC bought a new position in EMCOR Group during the 4th quarter valued at about $26,000. Main Street Group LTD grew its holdings in EMCOR Group by 110.0% during the 3rd quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock valued at $27,000 after purchasing an additional 22 shares during the last quarter. Activest Wealth Management grew its holdings in EMCOR Group by 800.0% during the 4th quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock valued at $33,000 after purchasing an additional 48 shares during the last quarter. Richardson Financial Services Inc. grew its holdings in EMCOR Group by 71.9% during the 4th quarter. Richardson Financial Services Inc. now owns 55 shares of the construction company’s stock valued at $34,000 after purchasing an additional 23 shares during the last quarter. Finally, Elyxium Wealth LLC bought a new position in EMCOR Group during the 4th quarter valued at about $37,000. 92.59% of the stock is currently owned by institutional investors.

EMCOR Group Stock Performance

NYSE EME opened at $823.23 on Tuesday. The company has a market capitalization of $36.58 billion, a price-to-earnings ratio of 27.62 and a beta of 1.12. The company’s 50-day simple moving average is $839.59 and its two-hundred day simple moving average is $742.27. EMCOR Group, Inc. has a one year low of $455.14 and a one year high of $951.96.

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

EMCOR Group Dividend Announcement

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

Insider Activity

In other news, CFO Jason R. Nalbandian sold 800 shares of EMCOR Group stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $856.43, for a total value of $685,144.00. Following the transaction, the chief financial officer owned 18,157 shares of the company’s stock, valued at $15,550,199.51. The trade was a 4.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director William P. Reid sold 2,000 shares of EMCOR Group stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $925.78, for a total transaction of $1,851,560.00. Following the completion of the transaction, the director directly owned 10,149 shares in the company, valued at approximately $9,395,741.22. The trade was a 16.46% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 9,077 shares of company stock worth $8,155,191 in the last quarter. 1.26% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on EME shares. DA Davidson lifted their price objective on shares of EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a report on Friday, February 27th. Wall Street Zen upgraded shares of EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Zacks Research lowered shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 26th. Stifel Nicolaus set a $918.00 price objective on shares of EMCOR Group in a report on Thursday, April 30th. Finally, Robert W. Baird lifted their price objective on shares of EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Ten investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, EMCOR Group has a consensus rating of “Moderate Buy” and a consensus target price of $836.88.

About EMCOR Group

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.