CenterBook Partners LP Boosts Stock Position in EMCOR Group, Inc. $EME

CenterBook Partners LP grew its stake in EMCOR Group, Inc. (NYSE:EME) by 219.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 5,336 shares of the construction company’s stock after acquiring an additional 3,668 shares during the quarter. CenterBook Partners LP’s holdings in EMCOR Group were worth $3,265,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Main Street Group LTD grew its position in shares of EMCOR Group by 110.0% in the third 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 in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of EMCOR Group in the fourth quarter valued at approximately $26,000. Activest Wealth Management grew its position in shares of EMCOR Group by 800.0% in the fourth quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock valued at $33,000 after purchasing an additional 48 shares in the last quarter. Richardson Financial Services Inc. grew its position in shares of EMCOR Group by 71.9% in the fourth 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 in the last quarter. Finally, Elyxium Wealth LLC purchased a new stake in shares of EMCOR Group in the fourth quarter valued at approximately $37,000. 92.59% of the stock is currently owned by hedge funds and other institutional investors.

EMCOR Group Stock Performance

EME opened at $823.23 on Tuesday. EMCOR Group, Inc. has a one year low of $455.14 and a one year high of $951.96. The stock has a market capitalization of $36.58 billion, a PE ratio of 27.62 and a beta of 1.12. The business’s 50 day moving average price is $839.59 and its 200 day moving average price is $742.27.

EMCOR Group (NYSE:EME) last released its quarterly earnings data on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, beating 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 firm had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $4.20 billion. During the same period in the prior year, the firm posted $5.41 earnings per share. The firm’s quarterly revenue 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, equities research analysts forecast that EMCOR Group, Inc. will post 29.22 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

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

Insider Transactions at EMCOR Group

In other EMCOR Group news, CFO Jason R. Nalbandian sold 800 shares of the company’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $856.43, for a total transaction of $685,144.00. Following the transaction, the chief financial officer directly owned 18,157 shares in the company, valued at $15,550,199.51. This represents a 4.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director William P. Reid sold 2,000 shares of the company’s 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 transaction, the director owned 10,149 shares in the company, valued at $9,395,741.22. This trade represents a 16.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 9,077 shares of company stock valued at $8,155,191 over the last three months. 1.26% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on EME shares. Stifel Nicolaus set a $918.00 price target on EMCOR Group in a research report on Thursday, April 30th. Robert W. Baird upped 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. Wall Street Zen upgraded EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. UBS Group upped their price objective on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a report on Friday, March 6th. Finally, Cantor Fitzgerald began coverage on EMCOR Group in a report on Tuesday, March 10th. They issued an “overweight” rating and a $848.00 price objective on the stock. Ten research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $836.88.

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.