EMCOR Group, Inc. $EME Stake Reduced by Jupiter Asset Management Ltd.

Jupiter Asset Management Ltd. reduced its stake in shares of EMCOR Group, Inc. (NYSE:EME) by 34.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,823 shares of the construction company’s stock after selling 954 shares during the period. Jupiter Asset Management Ltd.’s holdings in EMCOR Group were worth $1,115,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Asahi Life Asset Management CO. LTD. bought a new position in EMCOR Group during the 3rd quarter worth $445,000. Machina Capital S.A.S. bought a new position in EMCOR Group during the 3rd quarter worth $1,074,000. Wealth Enhancement Advisory Services LLC grew its stake in shares of EMCOR Group by 12.9% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 12,149 shares of the construction company’s stock worth $7,972,000 after purchasing an additional 1,389 shares in the last quarter. Public Sector Pension Investment Board grew its stake in shares of EMCOR Group by 18.7% in the third quarter. Public Sector Pension Investment Board now owns 23,982 shares of the construction company’s stock worth $15,577,000 after purchasing an additional 3,783 shares in the last quarter. Finally, Sierra Summit Advisors LLC bought a new position in shares of EMCOR Group in the third quarter worth $5,459,000. 92.59% of the stock is currently owned by institutional investors.

EMCOR Group Stock Down 2.7%

Shares of EME stock opened at $825.34 on Friday. The stock has a 50-day simple moving average of $829.32 and a 200 day simple moving average of $733.01. EMCOR Group, Inc. has a fifty-two week low of $455.14 and a fifty-two week high of $951.96. The stock has a market capitalization of $36.68 billion, a P/E ratio of 27.69 and a beta of 1.17.

EMCOR Group (NYSE:EME) last announced its earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share for the quarter, beating the consensus estimate of $5.90 by $0.94. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The business had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $4.20 billion. During the same quarter last year, the business posted $5.41 earnings per share. The company’s quarterly 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, sell-side analysts anticipate that EMCOR Group, Inc. will post 28.84 earnings per share for the current year.

EMCOR Group Announces Dividend

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

Insider Buying and Selling at EMCOR Group

In related news, CEO Anthony Guzzi sold 36,000 shares of the firm’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 completion of the transaction, the chief executive officer owned 170,299 shares of the company’s stock, valued at $124,229,714.52. This trade represents a 17.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director William P. Reid sold 2,000 shares of the firm’s 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 transaction, the director directly owned 10,149 shares of the company’s stock, valued at $9,395,741.22. This represents a 16.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 45,077 shares of company stock valued at $34,416,471. Corporate insiders own 0.83% of the company’s stock.

Wall Street Analysts Forecast Growth

EME has been the subject of several recent analyst reports. UBS Group increased their price target on EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Oppenheimer initiated coverage on EMCOR Group in a research note on Thursday. They issued an “outperform” rating and a $1,100.00 price target for the company. Stifel Nicolaus set a $918.00 price target on EMCOR Group in a research note on Thursday, April 30th. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research note on Monday, April 20th. Finally, Cantor Fitzgerald initiated coverage on EMCOR Group in a research note on Tuesday, March 10th. They issued an “overweight” rating and a $848.00 price target for the company. Ten analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $836.88.

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.