EMCOR Group, Inc. $EME Shares Sold by Candriam S.C.A.

Candriam S.C.A. lowered its stake in EMCOR Group, Inc. (NYSE:EME) by 20.7% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,664 shares of the construction company’s stock after selling 2,791 shares during the period. Candriam S.C.A.’s holdings in EMCOR Group were worth $7,873,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. boosted its stake in shares of EMCOR Group by 132,234.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 669,611 shares of the construction company’s stock worth $409,661,000 after acquiring an additional 669,105 shares in the last quarter. Norges Bank acquired a new stake in shares of EMCOR Group during the fourth quarter worth $389,702,000. Bank of Montreal Can lifted its holdings in shares of EMCOR Group by 425.8% during the fourth quarter. Bank of Montreal Can now owns 560,477 shares of the construction company’s stock valued at $342,894,000 after purchasing an additional 453,876 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in shares of 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 during the last quarter. Finally, Earnest Partners LLC acquired a new position in shares of EMCOR Group in the 4th quarter valued at $156,714,000. Institutional investors and hedge funds own 92.59% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on EME. Stifel Nicolaus set a $918.00 price objective on EMCOR Group in a report on Thursday, April 30th. Cantor Fitzgerald reissued an “overweight” rating and issued a $1,123.00 target price on shares of EMCOR Group in a research report on Tuesday, June 16th. Oppenheimer assumed coverage on shares of EMCOR Group in a report on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 price target on the stock. Zacks Research upgraded shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Finally, Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $871.25.

EMCOR Group Stock Down 0.0%

Shares of NYSE:EME opened at $781.48 on Monday. The firm has a fifty day moving average of $845.56 and a two-hundred day moving average of $776.04. EMCOR Group, Inc. has a 12-month low of $540.00 and a 12-month high of $951.96. The firm has a market capitalization of $34.73 billion, a P/E ratio of 26.22 and a beta of 1.13.

EMCOR Group (NYSE:EME) last posted its quarterly 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. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The business had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $4.20 billion. During the same period in the prior year, the business posted $5.41 earnings per share. EMCOR Group’s revenue for the quarter 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. Equities research analysts expect that EMCOR Group, Inc. will post 29.37 earnings per share for the current fiscal year.

EMCOR Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio (DPR) is 5.37%.

Insider Activity at EMCOR Group

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 transaction of $685,144.00. Following the completion of the sale, the chief financial officer directly owned 18,157 shares in the company, valued at $15,550,199.51. The trade was a 4.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Robert Peter Lind sold 675 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $894.27, for a total value of $603,632.25. Following the completion of the sale, the vice president directly owned 4,216 shares of the company’s stock, valued at approximately $3,770,242.32. The trade was a 13.80% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 10,027 shares of company stock worth $8,957,466. 1.26% of the stock is currently owned by corporate 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.