EMCOR Group, Inc. $EME Shares Sold by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. lessened its stake in EMCOR Group, Inc. (NYSE:EME) by 6.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 262,823 shares of the construction company’s stock after selling 17,830 shares during the quarter. EMCOR Group comprises about 1.2% of Epoch Investment Partners Inc.’s holdings, making the stock its 12th largest holding. Epoch Investment Partners Inc. owned approximately 0.59% of EMCOR Group worth $194,045,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. State Street Corp lifted its position in shares of EMCOR Group by 2.2% during 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 grew its holdings in EMCOR Group by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 1,425,523 shares of the construction company’s stock valued at $869,343,000 after purchasing an additional 7,790 shares in the last quarter. Victory Capital Management Inc. grew its holdings in EMCOR Group by 34.5% during the 4th 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. increased its stake in EMCOR Group by 10.5% during the 4th quarter. Invesco Ltd. now owns 799,271 shares of the construction company’s stock worth $488,986,000 after buying an additional 75,692 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its stake in 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 buying an additional 669,105 shares during the period. Institutional investors and hedge funds own 92.59% of the company’s stock.

Analyst Ratings Changes

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

Insider Buying and Selling at EMCOR Group

In related 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 transaction of $1,851,560.00. Following the sale, the director owned 10,149 shares in the company, valued at $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 is available through this hyperlink. Also, VP Robert Peter Lind sold 675 shares of the firm’s 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 in the company, valued at $3,770,242.32. This represents a 13.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 10,027 shares of company stock worth $8,957,466. 0.73% of the stock is owned by company insiders.

EMCOR Group Trading Down 3.2%

EME stock opened at $744.47 on Friday. The stock’s 50 day simple moving average is $812.24 and its 200 day simple moving average is $784.37. EMCOR Group, Inc. has a 12-month low of $564.92 and a 12-month high of $951.96. The firm has a market cap of $33.08 billion, a P/E ratio of 24.97 and a beta of 1.13.

EMCOR Group (NYSE:EME) last released its quarterly earnings data on Wednesday, April 29th. The construction company reported $6.84 EPS 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 firm had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.20 billion. During the same quarter in the previous year, the company posted $5.41 earnings per share. The firm’s revenue was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, research analysts forecast that EMCOR Group, Inc. will post 29.37 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

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

EMCOR Group 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.