Hahn Capital Management LLC Sells 907 Shares of EMCOR Group, Inc. $EME

Hahn Capital Management LLC cut its position in EMCOR Group, Inc. (NYSE:EMEFree Report) by 7.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,269 shares of the construction company’s stock after selling 907 shares during the quarter. EMCOR Group accounts for about 3.7% of Hahn Capital Management LLC’s portfolio, making the stock its 14th largest holding. Hahn Capital Management LLC’s holdings in EMCOR Group were worth $6,894,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in EME. Swiss RE Ltd. acquired a new stake in shares of EMCOR Group during the 4th quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in EMCOR Group during the fourth quarter valued at approximately $26,000. Zions Bancorporation National Association UT acquired a new position in EMCOR Group during the fourth quarter valued at approximately $28,000. Activest Wealth Management lifted its stake in EMCOR Group by 800.0% during the fourth quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock worth $33,000 after purchasing an additional 48 shares during the last quarter. Finally, Richardson Financial Services Inc. lifted its stake 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 purchasing an additional 23 shares during the last quarter. Institutional investors own 92.59% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on EME shares. UBS Group lifted their price target on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research note on Friday, March 6th. DA Davidson upped their price objective on EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $1,123.00 price objective on shares of EMCOR Group in a research note on Tuesday. Oppenheimer initiated coverage on EMCOR Group in a research note on Thursday, May 28th. They issued an “outperform” rating and a $1,100.00 price objective on the stock. Finally, Wall Street Zen upgraded EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Ten equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, EMCOR Group currently has an average rating of “Moderate Buy” and a consensus price target of $871.25.

Read Our Latest Stock Analysis on EMCOR Group

Insider Buying and Selling at EMCOR Group

In other EMCOR Group news, CFO Jason R. Nalbandian sold 800 shares of the stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $856.43, for a total value of $685,144.00. Following the completion of the transaction, the chief financial officer directly owned 18,157 shares in the company, valued at approximately $15,550,199.51. This trade 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 can be accessed through this link. Also, VP Robert Peter Lind sold 675 shares of EMCOR Group 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 sale, the vice president directly owned 4,216 shares in the company, valued at $3,770,242.32. The trade was a 13.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 10,027 shares of company stock worth $8,957,466 over the last three months. 0.83% of the stock is owned by corporate insiders.

EMCOR Group Price Performance

Shares of EMCOR Group stock opened at $837.57 on Friday. EMCOR Group, Inc. has a fifty-two week low of $478.16 and a fifty-two week high of $951.96. The firm has a market capitalization of $37.22 billion, a P/E ratio of 28.10 and a beta of 1.12. The company’s 50 day moving average price is $852.00 and its two-hundred day moving average price is $754.67.

EMCOR Group (NYSE:EMEGet Free Report) last posted its earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share for the quarter, topping analysts’ consensus estimates of $5.90 by $0.94. The firm had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $4.20 billion. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The company’s revenue was up 19.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, analysts expect that EMCOR Group, Inc. will post 29.22 earnings per share for the current 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 given a dividend of $0.40 per share. The ex-dividend date was Thursday, April 16th. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. EMCOR Group’s payout ratio is currently 5.37%.

EMCOR Group Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for EMCOR Group (NYSE:EME)

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