Diversified Trust Co Trims Stock Holdings in EMCOR Group, Inc. $EME

Diversified Trust Co lessened its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 76.3% in the first quarter, Holdings Channel.com reports. The firm owned 587 shares of the construction company’s stock after selling 1,895 shares during the period. Diversified Trust Co’s holdings in EMCOR Group were worth $433,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of EME. Swiss RE Ltd. bought a new stake in shares of EMCOR Group in the fourth quarter worth $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in EMCOR Group during the 4th quarter valued at $26,000. Zions Bancorporation National Association UT bought a new position in EMCOR Group during the 4th quarter valued at $28,000. 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 worth $33,000 after acquiring an additional 48 shares in the last quarter. Finally, 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 worth $34,000 after acquiring an additional 23 shares in the last quarter. 92.59% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

EME has been the topic of a number of recent analyst reports. Zacks Research lowered shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 26th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $1,123.00 price target on shares of EMCOR Group in a research note on Tuesday, June 16th. Robert W. Baird boosted their price objective on EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a report on Friday, February 27th. DA Davidson upped their price objective on EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a research note on Friday, February 27th. Finally, Stifel Nicolaus set a $918.00 target price on EMCOR Group in a report on Thursday, April 30th. Ten equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $871.25.

EMCOR Group Price Performance

EME stock opened at $864.00 on Friday. EMCOR Group, Inc. has a 1-year low of $504.58 and a 1-year high of $951.96. The firm has a fifty day moving average price of $856.82 and a two-hundred day moving average price of $762.93. The firm has a market cap of $38.40 billion, a price-to-earnings ratio of 28.98 and a beta of 1.12.

EMCOR Group (NYSE:EME) last posted its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.90 by $0.94. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The company had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $4.20 billion. During the same period last year, the firm posted $5.41 EPS. The company’s revenue for the quarter was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, analysts expect that EMCOR Group, Inc. will post 29.37 EPS for the current fiscal year.

EMCOR Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Thursday, April 16th were paid a dividend of $0.40 per share. The ex-dividend date was Thursday, April 16th. This represents a $1.60 annualized dividend and a yield of 0.2%. EMCOR Group’s dividend payout ratio is 5.37%.

Insider Transactions at EMCOR Group

In other EMCOR Group news, VP Robert Peter Lind sold 675 shares of EMCOR Group stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $894.27, for a total value of $603,632.25. Following the completion of the transaction, the vice president directly owned 4,216 shares in the company, valued at $3,770,242.32. The trade was 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, 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 completion of the transaction, the chief financial officer 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 disclosure for this sale is available in the SEC filing. Insiders have sold a total of 10,027 shares of company stock valued at $8,957,466 over the last ninety days. Insiders own 0.83% of the company’s stock.

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.