SG Trading Solutions LLC acquired a new stake in EMCOR Group, Inc. (NYSE:EME – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 2,613 shares of the construction company’s stock, valued at approximately $1,599,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in EMCOR Group by 17.6% during the third quarter. Vanguard Group Inc. now owns 5,332,636 shares of the construction company’s stock valued at $3,463,760,000 after buying an additional 798,975 shares during the period. State Street Corp lifted its stake in shares of EMCOR Group by 2.2% in the 4th quarter. State Street Corp now owns 1,893,792 shares of the construction company’s stock valued at $1,158,603,000 after acquiring an additional 40,801 shares during the last quarter. Geode Capital Management LLC boosted its holdings in EMCOR Group by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 1,425,523 shares of the construction company’s stock valued at $869,343,000 after acquiring an additional 7,790 shares during the period. Victory Capital Management Inc. boosted its holdings in EMCOR Group by 34.5% during the 4th quarter. Victory Capital Management Inc. now owns 1,276,966 shares of the construction company’s stock valued at $781,239,000 after acquiring an additional 327,606 shares during the period. Finally, Invesco Ltd. grew its position in EMCOR Group by 10.5% during the 4th quarter. Invesco Ltd. now owns 799,271 shares of the construction company’s stock worth $488,986,000 after acquiring an additional 75,692 shares during the last quarter. Institutional investors own 92.59% of the company’s stock.
Insider Buying and Selling
In other EMCOR Group news, CFO Jason R. Nalbandian sold 800 shares of the business’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $856.43, for a total value of $685,144.00. Following the sale, the chief financial officer directly owned 18,157 shares of the company’s stock, valued at approximately $15,550,199.51. The trade was a 4.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director William P. Reid sold 2,000 shares of the stock in a transaction on Monday, May 11th. The stock was sold at an average price of $925.78, for a total value of $1,851,560.00. Following the completion of the sale, the director directly owned 10,149 shares in the company, valued at approximately $9,395,741.22. This represents a 16.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 10,027 shares of company stock worth $8,957,466 over the last three months. Corporate insiders own 0.83% of the company’s stock.
Analyst Ratings Changes
Check Out Our Latest Stock Analysis on EME
EMCOR Group Stock Performance
EME opened at $837.57 on Friday. The stock’s 50 day moving average price is $852.00 and its 200-day moving average price is $754.67. The stock has a market capitalization of $37.22 billion, a PE ratio of 28.10 and a beta of 1.12. EMCOR Group, Inc. has a 52-week low of $478.16 and a 52-week high of $951.96.
EMCOR Group (NYSE:EME – Get Free Report) last posted its earnings results on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, topping the consensus estimate of $5.90 by $0.94. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The firm had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $4.20 billion. During the same period last year, the company posted $5.41 EPS. The company’s quarterly revenue was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. Research analysts forecast that EMCOR Group, Inc. will post 29.22 EPS for the current fiscal year.
EMCOR Group Dividend Announcement
The business 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. The ex-dividend date was Thursday, April 16th. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio is presently 5.37%.
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.
Featured Stories
- Five stocks we like better than EMCOR Group
- Credo Technologies Accelerates AI—Its Stock Price Will Follow
- Qualcomm Goes All-In: The $10B Bet to Crush NVIDIA
- Jabil Just Gave Investors a Stronger Reason to Buy the Dip
- CarMax In Reverse? Why You Should Buy Now Before the Big Catalysts Emerge
Want to see what other hedge funds are holding EME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EMCOR Group, Inc. (NYSE:EME – Free Report).
Receive News & Ratings for EMCOR Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EMCOR Group and related companies with MarketBeat.com's FREE daily email newsletter.
