Strategic Global Advisors LLC Sells 11,253 Shares of EMCOR Group, Inc. $EME

Strategic Global Advisors LLC trimmed its stake in shares of EMCOR Group, Inc. (NYSE:EME) by 58.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,957 shares of the construction company’s stock after selling 11,253 shares during the quarter. Strategic Global Advisors LLC’s holdings in EMCOR Group were worth $4,868,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Verition Fund Management LLC boosted its position in shares of EMCOR Group by 54.4% in the fourth quarter. Verition Fund Management LLC now owns 40,273 shares of the construction company’s stock valued at $24,639,000 after acquiring an additional 14,186 shares during the period. MML Investors Services LLC boosted its position in shares of EMCOR Group by 21.2% in the fourth quarter. MML Investors Services LLC now owns 17,692 shares of the construction company’s stock valued at $10,824,000 after acquiring an additional 3,097 shares during the period. Mariner LLC boosted its position in shares of EMCOR Group by 39.9% in the fourth quarter. Mariner LLC now owns 24,494 shares of the construction company’s stock valued at $14,997,000 after acquiring an additional 6,991 shares during the period. Focus Partners Wealth boosted its position in shares of EMCOR Group by 3.5% in the fourth quarter. Focus Partners Wealth now owns 11,725 shares of the construction company’s stock valued at $7,174,000 after acquiring an additional 396 shares during the period. Finally, Fieldview Capital Management LLC bought a new stake in shares of EMCOR Group in the fourth quarter valued at about $590,000. 92.59% of the stock is owned by institutional investors.

Analyst Ratings Changes

EME has been the subject of a number of recent research reports. Stifel Nicolaus set a $918.00 target price on shares of EMCOR Group in a research report on Thursday, April 30th. Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research report on Monday, April 20th. Oppenheimer initiated coverage on shares of EMCOR Group in a research report on Thursday, May 28th. They issued an “outperform” rating and a $1,100.00 target price for the company. Finally, Zacks Research cut shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Ten analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, EMCOR Group has a consensus rating of “Moderate Buy” and an average price target of $836.88.

EMCOR Group Trading Down 0.1%

EME stock opened at $822.27 on Monday. The stock has a market capitalization of $36.54 billion, a P/E ratio of 27.58 and a beta of 1.12. EMCOR Group, Inc. has a 12 month low of $470.02 and a 12 month high of $951.96. The firm has a 50-day moving average price of $845.67 and a 200-day moving average price of $748.36.

EMCOR Group (NYSE:EME) last posted its earnings results on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, topping analysts’ consensus estimates of $5.90 by $0.94. The firm had revenue of $4.63 billion during 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 business’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, equities analysts predict that EMCOR Group, Inc. will post 29.22 EPS for the current fiscal year.

EMCOR Group Announces Dividend

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

Insider Activity at EMCOR Group

In other news, Director William P. Reid sold 2,000 shares of the stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $925.78, for a total value of $1,851,560.00. Following the completion of the transaction, the director owned 10,149 shares of the company’s stock, valued at approximately $9,395,741.22. This represents a 16.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Robert Peter Lind sold 675 shares of the stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $894.27, for a total transaction 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 $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 9,077 shares of company stock worth $8,155,191 over the last three months. 1.26% of the stock is owned by insiders.

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.