Mitsubishi UFJ Asset Management Co. Ltd. Has $60.43 Million Holdings in EMCOR Group, Inc. $EME

Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in EMCOR Group, Inc. (NYSE:EME) by 4.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 94,619 shares of the construction company’s stock after purchasing an additional 4,424 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in EMCOR Group were worth $60,428,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of EME. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of EMCOR Group in the 4th quarter valued at $26,000. Main Street Group LTD lifted its position in EMCOR Group by 110.0% during the 3rd quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock worth $27,000 after acquiring an additional 22 shares during the last quarter. Quent Capital LLC acquired a new position in EMCOR Group during the 3rd quarter worth $29,000. Orion Capital Management LLC acquired a new position in EMCOR Group during the 3rd quarter worth $31,000. Finally, Activest Wealth Management lifted its position in EMCOR Group by 800.0% during the 4th quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock worth $33,000 after acquiring an additional 48 shares during the last quarter. Institutional investors and hedge funds own 92.59% of the company’s stock.

EMCOR Group Stock Down 0.4%

NYSE:EME opened at $920.72 on Friday. EMCOR Group, Inc. has a 12-month low of $436.61 and a 12-month high of $951.96. The firm has a market capitalization of $40.92 billion, a PE ratio of 30.89 and a beta of 1.17. The firm has a 50-day moving average price of $781.73 and a 200 day moving average price of $712.43.

EMCOR Group (NYSE:EME) last posted its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.90 by $0.94. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The firm had revenue of $4.63 billion during the quarter, compared to analyst estimates of $4.20 billion. During the same quarter in the prior year, the business posted $5.41 earnings per share. The company’s quarterly revenue was up 19.7% compared to the same quarter last year. 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 28.67 EPS for the current year.

EMCOR Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Thursday, April 16th. EMCOR Group’s dividend payout ratio is currently 5.37%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on EME. Zacks Research raised shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research report on Monday, April 20th. Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. UBS Group boosted their target price on shares of EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Finally, DA Davidson boosted their target price on shares of EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $799.29.

Insider Activity

In other EMCOR Group news, CFO Jason R. Nalbandian sold 800 shares of the company’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $856.43, for a total transaction of $685,144.00. Following the sale, the chief financial officer directly owned 18,157 shares of the company’s stock, valued at approximately $15,550,199.51. This represents a 4.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Anthony Guzzi sold 36,000 shares of the company’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $729.48, for a total transaction of $26,261,280.00. Following the sale, the chief executive officer directly owned 170,299 shares in the company, valued at $124,229,714.52. This represents a 17.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 43,077 shares of company stock valued at $32,564,911 over the last three months. 0.83% of the stock is owned by corporate insiders.

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.