EMCOR Group, Inc. $EME Stake Lessened by Mitchell Capital Management Co.

Mitchell Capital Management Co. lowered its holdings in EMCOR Group, Inc. (NYSE:EME) by 7.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,530 shares of the construction company’s stock after selling 721 shares during the period. EMCOR Group makes up 1.0% of Mitchell Capital Management Co.’s portfolio, making the stock its 23rd biggest position. Mitchell Capital Management Co.’s holdings in EMCOR Group were worth $5,830,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of EMCOR Group in the fourth quarter valued at $26,000. Main Street Group LTD lifted its holdings in shares of EMCOR Group by 110.0% in the third quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock valued at $27,000 after purchasing an additional 22 shares in the last quarter. Activest Wealth Management lifted its holdings in shares of EMCOR Group by 800.0% in the fourth quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock valued at $33,000 after purchasing an additional 48 shares in the last quarter. Richardson Financial Services Inc. lifted its holdings in shares of EMCOR Group by 71.9% in the fourth quarter. Richardson Financial Services Inc. now owns 55 shares of the construction company’s stock valued at $34,000 after purchasing an additional 23 shares in the last quarter. Finally, Elyxium Wealth LLC purchased a new stake in shares of EMCOR Group in the fourth quarter valued at $37,000. Hedge funds and other institutional investors own 92.59% of the company’s stock.

EMCOR Group Price Performance

Shares of EMCOR Group stock opened at $825.34 on Friday. The firm has a market cap of $36.68 billion, a price-to-earnings ratio of 27.69 and a beta of 1.17. EMCOR Group, Inc. has a 52-week low of $455.14 and a 52-week high of $951.96. The stock has a 50-day simple moving average of $829.32 and a 200-day simple moving average of $733.01.

EMCOR Group (NYSE:EME) last announced its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.90 by $0.94. The business had revenue of $4.63 billion during the quarter, compared to analyst estimates of $4.20 billion. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The firm’s revenue was up 19.7% on a year-over-year basis. During the same period in the previous year, the company earned $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, equities research analysts predict that EMCOR Group, Inc. will post 28.84 earnings per share for the current year.

EMCOR Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th were given 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 presently 5.37%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on EME shares. DA Davidson increased their target price on EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a report on Friday, February 27th. Stifel Nicolaus set a $918.00 price target on shares of EMCOR Group in a report on Thursday, April 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a research note on Monday, April 20th. Zacks Research cut EMCOR Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Finally, Cantor Fitzgerald assumed coverage on EMCOR Group in a research note on Tuesday, March 10th. They issued an “overweight” rating and a $848.00 target price on the stock. Ten analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, EMCOR Group currently has an average rating of “Moderate Buy” and an average price target of $836.88.

Insider Activity

In other EMCOR Group news, VP Robert Peter Lind sold 675 shares of the stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $894.27, for a total transaction of $603,632.25. Following the transaction, the vice president directly owned 4,216 shares of the company’s stock, valued at $3,770,242.32. This represents a 13.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Jason R. Nalbandian sold 800 shares of the stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $856.43, for a total transaction of $685,144.00. Following the transaction, 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 ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 45,077 shares of company stock valued at $34,416,471. Corporate insiders own 0.83% of the company’s stock.

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.