Kestra Advisory Services LLC Trims Stock Position in EMCOR Group, Inc. $EME

Kestra Advisory Services LLC reduced its stake in EMCOR Group, Inc. (NYSE:EME) by 22.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,062 shares of the construction company’s stock after selling 1,147 shares during the quarter. Kestra Advisory Services LLC’s holdings in EMCOR Group were worth $2,999,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of EME. Wealth Enhancement Advisory Services LLC raised its holdings in EMCOR Group by 12.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 12,149 shares of the construction company’s stock worth $7,972,000 after purchasing an additional 1,389 shares in the last quarter. North Dakota State Investment Board purchased a new stake in EMCOR Group in the 4th quarter valued at approximately $928,000. Passumpsic Savings Bank purchased a new stake in EMCOR Group in the 4th quarter valued at approximately $1,726,000. Chase Investment Counsel Corp increased its position in EMCOR Group by 152.1% during the 4th quarter. Chase Investment Counsel Corp now owns 2,849 shares of the construction company’s stock worth $1,742,000 after purchasing an additional 1,719 shares during the period. Finally, Thrivent Financial for Lutherans increased its position in EMCOR Group by 663.4% during the 4th quarter. Thrivent Financial for Lutherans now owns 113,562 shares of the construction company’s stock worth $69,476,000 after purchasing an additional 98,687 shares during the period. Institutional investors and hedge funds own 92.59% of the company’s stock.

Insider Buying and Selling

In related news, Director Carol P. Lowe sold 950 shares of the business’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total value of $802,275.00. Following the sale, the director directly owned 17,278 shares in the company, valued at $14,591,271. The trade was a 5.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director William P. Reid sold 2,000 shares of the stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $925.78, for a total transaction 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. The trade was a 16.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 10,027 shares of company stock valued at $8,957,466 in the last three months. 0.83% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a report on Monday, April 20th. Oppenheimer assumed coverage on EMCOR Group in a report on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 price objective on the stock. Stifel Nicolaus set a $918.00 price objective on EMCOR Group in a research report on Thursday, April 30th. Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, Zacks Research upgraded shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $871.25.

EMCOR Group Trading Down 1.2%

EME stock opened at $741.30 on Friday. The firm has a 50 day moving average of $829.21 and a 200-day moving average of $779.67. The company has a market cap of $32.94 billion, a price-to-earnings ratio of 24.87 and a beta of 1.13. EMCOR Group, Inc. has a 12-month low of $540.00 and a 12-month high of $951.96.

EMCOR Group (NYSE:EME) last released its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share for the quarter, topping analysts’ consensus estimates of $5.90 by $0.94. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The business had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $4.20 billion. During the same quarter in the prior year, the firm posted $5.41 EPS. The company’s 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. Sell-side analysts forecast that EMCOR Group, Inc. will post 29.37 earnings per share for the current fiscal year.

EMCOR Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $1.60 annualized dividend and a yield of 0.2%. EMCOR Group’s dividend payout ratio is 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.