EMCOR Group, Inc. $EME Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC lessened its holdings in EMCOR Group, Inc. (NYSE:EME) by 21.1% during the 1st quarter, Holdings Channel reports. The firm owned 31,414 shares of the construction company’s stock after selling 8,411 shares during the quarter. SG Americas Securities LLC’s holdings in EMCOR Group were worth $23,193,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of EME. Swiss RE Ltd. acquired a new position in shares of EMCOR Group during the 4th quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in EMCOR Group in the 4th quarter valued at approximately $26,000. Zions Bancorporation National Association UT acquired a new stake 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 valued at $33,000 after buying an additional 48 shares during the last quarter. Finally, Richardson Financial Services Inc. increased its position in EMCOR Group by 71.9% during the fourth quarter. Richardson Financial Services Inc. now owns 55 shares of the construction company’s stock worth $34,000 after buying an additional 23 shares in the last quarter. 92.59% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CFO Jason R. Nalbandian sold 800 shares of the business’s 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 sale, the chief financial officer directly owned 18,157 shares in the company, valued at approximately $15,550,199.51. The trade was a 4.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Steven Schwarzwaelder sold 5,602 shares of the company’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 transaction, the director directly owned 15,875 shares of the company’s stock, valued at $14,211,141.25. This trade represents a 26.08% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 10,027 shares of company stock valued at $8,957,466. 0.83% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on EME. UBS Group upped their price objective on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Cantor Fitzgerald reiterated an “overweight” rating and set a $1,123.00 price objective on shares of EMCOR Group in a research report on Tuesday, June 16th. DA Davidson boosted their target price on shares of EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a research note on Friday, February 27th. Oppenheimer began coverage on shares of EMCOR Group in a report on Thursday, May 28th. They issued an “outperform” rating and a $1,100.00 target price on the stock. Finally, Stifel Nicolaus set a $918.00 price target on shares of EMCOR Group in a research note on Thursday, April 30th. Ten research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $871.25.

EMCOR Group Stock Up 1.2%

EME stock opened at $848.79 on Thursday. The stock has a market capitalization of $37.72 billion, a price-to-earnings ratio of 28.47 and a beta of 1.12. EMCOR Group, Inc. has a 52-week low of $499.31 and a 52-week high of $951.96. The stock’s fifty day simple moving average is $855.81 and its 200-day simple moving average is $761.23.

EMCOR Group (NYSE:EME) last released its earnings results on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, beating 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 firm had revenue of $4.63 billion during the quarter, compared to analyst estimates of $4.20 billion. During the same period in the prior year, the firm posted $5.41 earnings per share. The business’s quarterly 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, analysts anticipate that EMCOR Group, Inc. will post 29.37 earnings per share for the current fiscal year.

EMCOR Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Thursday, April 16th were given a $0.40 dividend. The ex-dividend date of this dividend was Thursday, April 16th. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio (DPR) is currently 5.37%.

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.