Clark Capital Management Group Inc. Trims Stock Position in EMCOR Group, Inc. $EME

Clark Capital Management Group Inc. cut its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 0.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 176,274 shares of the construction company’s stock after selling 769 shares during the period. Clark Capital Management Group Inc.’s holdings in EMCOR Group were worth $107,843,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. PAX Financial Group LLC grew its position in shares of EMCOR Group by 3.6% during the 4th quarter. PAX Financial Group LLC now owns 404 shares of the construction company’s stock valued at $247,000 after acquiring an additional 14 shares during the period. Austin Private Wealth LLC grew its position in shares of EMCOR Group by 3.6% during the 4th quarter. Austin Private Wealth LLC now owns 437 shares of the construction company’s stock valued at $267,000 after acquiring an additional 15 shares during the period. First National Bank of Hutchinson grew its position in shares of EMCOR Group by 0.9% during the 4th quarter. First National Bank of Hutchinson now owns 1,614 shares of the construction company’s stock valued at $987,000 after acquiring an additional 15 shares during the period. Advisors Capital Management LLC grew its position in shares of EMCOR Group by 3.4% during the 4th quarter. Advisors Capital Management LLC now owns 450 shares of the construction company’s stock valued at $275,000 after acquiring an additional 15 shares during the period. Finally, KPP Advisory Services LLC grew its position in shares of EMCOR Group by 3.9% during the 4th quarter. KPP Advisory Services LLC now owns 399 shares of the construction company’s stock valued at $244,000 after acquiring an additional 15 shares during the period. 92.59% of the stock is currently owned by institutional investors and hedge funds.

EMCOR Group Trading Down 1.0%

EME stock opened at $834.13 on Wednesday. EMCOR Group, Inc. has a 12-month low of $478.16 and a 12-month high of $951.96. The stock has a market cap of $37.07 billion, a price-to-earnings ratio of 27.98 and a beta of 1.12. The business’s 50-day moving average is $848.88 and its 200 day moving average is $751.59.

EMCOR Group (NYSE:EME) last posted its quarterly earnings data on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.90 by $0.94. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The company had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $4.20 billion. During the same period in the previous year, the firm posted $5.41 EPS. EMCOR Group’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. As a group, equities analysts forecast that EMCOR Group, Inc. will post 29.22 EPS for the current fiscal year.

EMCOR Group Announces Dividend

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

Insider Transactions at EMCOR Group

In other EMCOR Group news, Director William P. Reid sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $925.78, for a total value of $1,851,560.00. Following the transaction, the director directly owned 10,149 shares of the company’s stock, valued at $9,395,741.22. This trade represents a 16.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Steven Schwarzwaelder sold 5,602 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $895.19, for a total transaction of $5,014,854.38. Following the completion of the transaction, the director directly owned 15,875 shares in the company, valued at $14,211,141.25. This trade represents a 26.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 9,077 shares of company stock valued at $8,155,191. 1.26% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Stifel Nicolaus set a $918.00 target price on EMCOR Group in a research report on Thursday, April 30th. Zacks Research cut EMCOR Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Robert W. Baird raised their target price on EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. DA Davidson raised their target price on EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a research report on Friday, February 27th. Finally, UBS Group raised their target price on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Ten analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $871.25.

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.