EMCOR Group, Inc. $EME Shares Sold by Swedbank AB

Swedbank AB decreased its stake in EMCOR Group, Inc. (NYSE:EME) by 6.9% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 202,536 shares of the construction company’s stock after selling 14,937 shares during the quarter. Swedbank AB’s holdings in EMCOR Group were worth $149,534,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Swiss RE Ltd. purchased a new stake in shares of EMCOR Group during the 4th quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in EMCOR Group during the 4th quarter worth approximately $26,000. Ascentis Independent Advisors purchased a new position in EMCOR Group in the 1st quarter worth approximately $27,000. Zions Bancorporation National Association UT acquired a new stake in EMCOR Group in the fourth quarter valued at approximately $28,000. Finally, Activest Wealth Management grew its position in 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 acquiring an additional 48 shares in the last quarter. Institutional investors and hedge funds own 92.59% of the company’s stock.

Insider Buying and Selling

In related 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 completion of the transaction, the chief financial officer directly owned 18,157 shares in the company, valued at approximately $15,550,199.51. This trade represents a 4.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Steven Schwarzwaelder sold 5,602 shares of the business’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $895.19, for a total value of $5,014,854.38. Following the completion of the sale, the director directly owned 15,875 shares of the company’s stock, valued at approximately $14,211,141.25. This represents a 26.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 10,027 shares of company stock worth $8,957,466. 1.26% of the stock is currently owned by insiders.

EMCOR Group Stock Down 2.3%

Shares of EME opened at $769.36 on Wednesday. The firm has a market cap of $34.19 billion, a price-to-earnings ratio of 25.81 and a beta of 1.13. The business’s 50 day moving average is $850.50 and its two-hundred day moving average is $772.60. EMCOR Group, Inc. has a 52-week low of $532.25 and a 52-week high of $951.96.

EMCOR Group (NYSE:EME) last issued its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 net margin of 7.54% and a return on equity of 35.19%. The business’s revenue was up 19.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, equities analysts expect that EMCOR Group, Inc. will post 29.37 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be given a $0.40 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. EMCOR Group’s payout ratio is presently 5.37%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research report on Monday, April 20th. Stifel Nicolaus set a $918.00 price target on shares of EMCOR Group in a report on Thursday, April 30th. Zacks Research raised shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Oppenheimer started coverage on shares of EMCOR Group in a report on Thursday, May 28th. They issued an “outperform” rating and a $1,100.00 price objective on the stock. Finally, 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. One investment 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.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $871.25.

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.