EMCOR Group, Inc. $EME Stock Position Lowered by Systematic Financial Management LP

Systematic Financial Management LP reduced its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 10.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 114,503 shares of the construction company’s stock after selling 13,306 shares during the quarter. EMCOR Group comprises 1.9% of Systematic Financial Management LP’s investment portfolio, making the stock its 4th biggest position. Systematic Financial Management LP’s holdings in EMCOR Group were worth $84,540,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of EME. Northwestern Mutual Wealth Management Co. raised its holdings in EMCOR Group by 132,234.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 669,611 shares of the construction company’s stock valued at $409,661,000 after acquiring an additional 669,105 shares during the period. Norges Bank bought a new position in shares of EMCOR Group in the fourth quarter worth $389,702,000. Bank of Montreal Can boosted its holdings in shares of EMCOR Group by 425.8% in the fourth quarter. Bank of Montreal Can now owns 560,477 shares of the construction company’s stock worth $342,894,000 after acquiring an additional 453,876 shares during the period. Victory Capital Management Inc. grew its position in shares of EMCOR Group by 34.5% in the fourth quarter. Victory Capital Management Inc. now owns 1,276,966 shares of the construction company’s stock valued at $781,239,000 after purchasing an additional 327,606 shares in the last quarter. Finally, Earnest Partners LLC purchased a new position in shares of EMCOR Group in the fourth quarter valued at $156,714,000. 92.59% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

EME has been the topic of a number of recent research reports. Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Stifel Nicolaus set a $918.00 target price on EMCOR Group in a report on Thursday, April 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a research report on Friday, July 17th. Oppenheimer assumed coverage on shares of EMCOR Group in a report on Thursday, May 28th. They issued an “outperform” rating and a $1,100.00 price target on the stock. Finally, Zacks Research upgraded shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $871.25.

Insider Activity

In related news, CFO Jason R. Nalbandian sold 800 shares of the company’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 transaction, the chief financial officer directly owned 18,157 shares in the company, valued at approximately $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 accessible through the SEC website. Also, VP Robert Peter Lind sold 675 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $894.27, for a total transaction of $603,632.25. Following the completion of the sale, the vice president directly owned 4,216 shares in the company, valued at $3,770,242.32. This represents a 13.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 10,027 shares of company stock worth $8,957,466. Company insiders own 0.73% of the company’s stock.

EMCOR Group Stock Performance

EMCOR Group stock opened at $769.01 on Friday. The stock has a market cap of $34.17 billion, a P/E ratio of 25.80 and a beta of 1.13. EMCOR Group, Inc. has a fifty-two week low of $564.92 and a fifty-two week high of $951.96. The firm’s fifty day moving average price is $815.64 and its 200-day moving average price is $784.65.

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, 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 company had revenue of $4.63 billion during the quarter, compared to analyst estimates of $4.20 billion. During the same quarter last year, the company earned $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. Sell-side analysts predict that EMCOR Group, Inc. will post 29.37 earnings per share for the current year.

EMCOR Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio (DPR) is presently 5.37%.

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.