EMCOR Group, Inc. $EME is Kirr Marbach & Co. LLC IN’s 2nd Largest Position

Kirr Marbach & Co. LLC IN cut its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 3.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 58,351 shares of the construction company’s stock after selling 1,966 shares during the quarter. EMCOR Group accounts for about 7.9% of Kirr Marbach & Co. LLC IN’s investment portfolio, making the stock its 2nd largest holding. Kirr Marbach & Co. LLC IN’s holdings in EMCOR Group were worth $43,081,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of EME. State Street Corp lifted its position in shares of EMCOR Group by 2.2% in the fourth quarter. State Street Corp now owns 1,893,792 shares of the construction company’s stock worth $1,158,603,000 after purchasing an additional 40,801 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of EMCOR Group by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 1,425,523 shares of the construction company’s stock worth $869,343,000 after purchasing an additional 7,790 shares during the period. Victory Capital Management Inc. grew its position in EMCOR Group by 34.5% during 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. Invesco Ltd. grew its position in EMCOR Group by 10.5% during the fourth quarter. Invesco Ltd. now owns 799,271 shares of the construction company’s stock valued at $488,986,000 after purchasing an additional 75,692 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in EMCOR Group by 132,234.2% in 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 buying an additional 669,105 shares during the period. Hedge funds and other institutional investors own 92.59% of the company’s stock.

Insider Buying and Selling

In other news, CFO Jason R. Nalbandian sold 800 shares of EMCOR Group 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 transaction, the chief financial officer directly owned 18,157 shares in the company, valued at approximately $15,550,199.51. The trade was a 4.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Steven Schwarzwaelder sold 5,602 shares of the business’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $895.19, for a total value of $5,014,854.38. Following the transaction, the director directly owned 15,875 shares of the company’s stock, valued at $14,211,141.25. This represents a 26.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 10,027 shares of company stock valued at $8,957,466 in the last quarter. Insiders own 1.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Wall Street Zen upgraded shares of EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Cantor Fitzgerald restated an “overweight” rating and set a $1,123.00 price target on shares of EMCOR Group in a report on Tuesday, June 16th. Robert W. Baird upped their price target on shares of EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a research note on Friday, February 27th. DA Davidson increased their price objective on EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a report on Friday, February 27th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research report on Monday, April 20th. Ten investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, EMCOR Group currently has an average rating of “Moderate Buy” and an average target price of $871.25.

EMCOR Group Trading Down 3.4%

Shares of EMCOR Group stock opened at $838.98 on Wednesday. The firm has a fifty day simple moving average of $855.09 and a 200-day simple moving average of $759.73. The stock has a market capitalization of $37.28 billion, a price-to-earnings ratio of 28.14 and a beta of 1.12. EMCOR Group, Inc. has a 1-year low of $493.47 and a 1-year high of $951.96.

EMCOR Group (NYSE:EME) last posted its earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.90 by $0.94. The business had revenue of $4.63 billion for the quarter, compared to analyst estimates of $4.20 billion. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. EMCOR Group’s revenue was up 19.7% compared to the same quarter last year. During the same period last year, the business posted $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, research analysts predict that EMCOR Group, Inc. will post 29.22 earnings per share for the current year.

EMCOR Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Thursday, April 16th. EMCOR Group’s dividend payout ratio (DPR) is currently 5.37%.

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.