Sterling Capital Management LLC Has $801,000 Position in EMCOR Group, Inc. $EME

Sterling Capital Management LLC cut its position in shares of EMCOR Group, Inc. (NYSE:EME) by 40.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,085 shares of the construction company’s stock after selling 740 shares during the quarter. Sterling Capital Management LLC’s holdings in EMCOR Group were worth $801,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of EME. Wealth Enhancement Advisory Services LLC raised its stake in shares of EMCOR Group by 12.9% during the 4th 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. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund increased its holdings in EMCOR Group by 100.0% during the third quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 3,600 shares of the construction company’s stock worth $2,338,000 after buying an additional 1,800 shares during the last quarter. North Dakota State Investment Board bought a new stake in EMCOR Group during the fourth quarter worth $928,000. Munich Reinsurance Co Stock Corp in Munich bought a new stake in EMCOR Group during the third quarter worth $8,874,000. Finally, LGT Group Foundation lifted its stake in EMCOR Group by 22.6% in the third quarter. LGT Group Foundation now owns 14,340 shares of the construction company’s stock valued at $9,392,000 after acquiring an additional 2,645 shares during the last quarter. Institutional investors and hedge funds own 92.59% of the company’s stock.

Insider Activity at EMCOR Group

In related news, Director Carol P. Lowe sold 950 shares of the firm’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $844.50, for a total value of $802,275.00. Following the transaction, the director owned 17,278 shares in the company, valued at approximately $14,591,271. This trade represents a 5.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Robert Peter Lind sold 675 shares of the business’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $894.27, for a total value of $603,632.25. Following the completion of the transaction, the vice president directly owned 4,216 shares of the company’s stock, valued at approximately $3,770,242.32. This trade represents a 13.80% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 10,027 shares of company stock worth $8,957,466 in the last quarter. 0.83% of the stock is currently owned by corporate insiders.

EMCOR Group Stock Down 3.0%

Shares of NYSE:EME opened at $804.81 on Thursday. EMCOR Group, Inc. has a 12-month low of $529.04 and a 12-month high of $951.96. The company’s 50 day moving average price is $857.16 and its two-hundred day moving average price is $768.10. The firm has a market cap of $35.77 billion, a PE ratio of 27.00 and a beta of 1.13.

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, beating analysts’ consensus estimates of $5.90 by $0.94. The company had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.20 billion. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The firm’s quarterly revenue was up 19.7% on a year-over-year basis. During the same period in the previous year, the business earned $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, research analysts expect that EMCOR Group, Inc. will post 29.37 EPS for the current year.

EMCOR Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Wednesday, July 15th. EMCOR Group’s dividend payout ratio is presently 5.37%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a research note on Monday, April 20th. 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 note on Friday, March 6th. Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Zacks Research downgraded EMCOR Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 26th. Finally, Stifel Nicolaus set a $918.00 target price on EMCOR Group in a report on Thursday, April 30th. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $871.25.

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.