EMCOR Group, Inc. $EME Shares Purchased by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. grew its position in shares of EMCOR Group, Inc. (NYSE:EME) by 7.5% during the fourth quarter, HoldingsChannel reports. The firm owned 11,534 shares of the construction company’s stock after buying an additional 803 shares during the period. Crossmark Global Holdings Inc.’s holdings in EMCOR Group were worth $7,056,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in EME. Asahi Life Asset Management CO. LTD. purchased a new stake in shares of EMCOR Group in the third quarter worth approximately $445,000. Machina Capital S.A.S. purchased a new stake in shares of EMCOR Group in the third quarter worth approximately $1,074,000. Donoghue Forlines LLC purchased a new stake in shares of EMCOR Group in the third quarter worth approximately $2,221,000. Wealth Enhancement Advisory Services LLC lifted its position in shares of EMCOR Group by 12.9% in 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. Finally, Public Sector Pension Investment Board lifted its position in shares of EMCOR Group by 18.7% in the third quarter. Public Sector Pension Investment Board now owns 23,982 shares of the construction company’s stock worth $15,577,000 after purchasing an additional 3,783 shares in the last quarter. Hedge funds and other institutional investors own 92.59% of the company’s stock.

Wall Street Analyst Weigh In

EME has been the subject of a number of research analyst reports. Zacks Research raised shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. UBS Group increased their price target on shares of EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. DA Davidson increased their price target on shares of EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, EMCOR Group presently has an average rating of “Moderate Buy” and an average target price of $799.29.

Insiders Place Their Bets

In other news, Director Steven Schwarzwaelder sold 5,602 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $895.19, for a total value of $5,014,854.38. Following the completion of the sale, the director directly owned 15,875 shares in the company, valued at approximately $14,211,141.25. This trade represents a 26.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Jason R. Nalbandian sold 800 shares of the firm’s stock in a transaction 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 sale, the chief financial officer owned 18,157 shares of the company’s stock, valued at approximately $15,550,199.51. This trade represents a 4.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 43,077 shares of company stock valued at $32,564,911. 0.83% of the stock is owned by corporate insiders.

EMCOR Group Trading Down 0.4%

Shares of EMCOR Group stock opened at $920.72 on Friday. The company’s fifty day simple moving average is $781.73 and its 200-day simple moving average is $712.43. The company has a market cap of $40.92 billion, a price-to-earnings ratio of 30.89 and a beta of 1.17. EMCOR Group, Inc. has a 1 year low of $436.61 and a 1 year high of $951.96.

EMCOR Group (NYSE:EME) last issued 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. The firm had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $4.20 billion. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.EMCOR Group’s quarterly revenue was up 19.7% compared to the same quarter last year. During the same period last year, the business earned $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, research analysts forecast that EMCOR Group, Inc. will post 28.67 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio (DPR) is 5.37%.

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.