Janus Henderson Group PLC Boosts Stock Holdings in EMCOR Group, Inc. $EME

Janus Henderson Group PLC raised its stake in EMCOR Group, Inc. (NYSE:EME) by 6.7% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,805 shares of the construction company’s stock after purchasing an additional 1,188 shares during the quarter. Janus Henderson Group PLC’s holdings in EMCOR Group were worth $13,884,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. North Dakota State Investment Board acquired a new stake in EMCOR Group during the 4th quarter worth approximately $928,000. Thrivent Financial for Lutherans lifted its position in EMCOR Group by 663.4% during the fourth quarter. Thrivent Financial for Lutherans now owns 113,562 shares of the construction company’s stock valued at $69,476,000 after buying an additional 98,687 shares in the last quarter. Passumpsic Savings Bank acquired a new position in EMCOR Group during the fourth quarter valued at approximately $1,726,000. Chase Investment Counsel Corp grew its stake in EMCOR Group by 152.1% during the fourth quarter. Chase Investment Counsel Corp now owns 2,849 shares of the construction company’s stock worth $1,742,000 after buying an additional 1,719 shares during the period. Finally, Banque Cantonale Vaudoise increased its position in shares of EMCOR Group by 285.7% in the fourth quarter. Banque Cantonale Vaudoise now owns 9,465 shares of the construction company’s stock worth $5,791,000 after acquiring an additional 7,011 shares in the last quarter. 92.59% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director William P. Reid sold 2,000 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $925.78, for a total transaction of $1,851,560.00. Following the completion of the sale, the director directly 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. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Carol P. Lowe sold 950 shares of EMCOR Group stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $844.50, for a total value of $802,275.00. Following the sale, the director directly owned 17,278 shares in the company, valued at approximately $14,591,271. The trade was a 5.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.73% of the stock is owned by company insiders.

Analyst Ratings Changes

EME has been the topic of a number of research reports. Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Stifel Nicolaus set a $918.00 price target on shares of EMCOR Group in a research report on Thursday, April 30th. UBS Group increased their price target on EMCOR Group from $975.00 to $1,065.00 and gave the company a “buy” rating in a report on Friday. Cantor Fitzgerald reissued an “overweight” rating and issued a $1,123.00 price objective on shares of EMCOR Group in a research report on Tuesday, June 16th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a research note on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $898.75.

EMCOR Group Stock Up 0.4%

EME opened at $820.80 on Wednesday. The firm’s 50 day moving average is $799.73 and its 200-day moving average is $790.86. EMCOR Group, Inc. has a 52-week low of $564.92 and a 52-week high of $951.96. The firm has a market capitalization of $36.21 billion, a P/E ratio of 25.53 and a beta of 1.14.

EMCOR Group (NYSE:EME) last announced its earnings results on Thursday, July 30th. The construction company reported $9.06 earnings per share for the quarter, beating the consensus estimate of $7.23 by $1.83. EMCOR Group had a net margin of 7.74% and a return on equity of 35.49%. The business had revenue of $5.15 billion during the quarter, compared to the consensus estimate of $4.71 billion. During the same period in the prior year, the firm earned $6.72 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 32.000-33.250 EPS. Equities analysts expect that EMCOR Group, Inc. will post 33.05 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Wednesday, July 15th. EMCOR Group’s dividend payout ratio is presently 4.98%.

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.