EMCOR Group, Inc. $EME Shares Sold by Schroder Investment Management Group

Schroder Investment Management Group lowered its position in EMCOR Group, Inc. (NYSE:EME) by 48.1% during the third quarter, Holdings Channel.com reports. The fund owned 42,509 shares of the construction company’s stock after selling 39,468 shares during the quarter. Schroder Investment Management Group’s holdings in EMCOR Group were worth $27,233,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of EME. Main Street Group LTD lifted its position in EMCOR Group by 110.0% during the third quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock valued at $27,000 after buying an additional 22 shares in the last quarter. Quent Capital LLC acquired a new stake in shares of EMCOR Group in the third quarter valued at about $29,000. Orion Capital Management LLC purchased a new position in EMCOR Group in the 3rd quarter worth approximately $31,000. Tobam lifted its position in shares of EMCOR Group by 1,900.0% during the second quarter. Tobam now owns 80 shares of the construction company’s stock worth $43,000 after purchasing an additional 76 shares in the last quarter. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in EMCOR Group during the 2nd quarter worth $43,000. Hedge funds and other institutional investors own 92.59% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Stifel Nicolaus boosted their price target on EMCOR Group from $754.00 to $814.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. UBS Group upped their price target on shares of EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a report on Friday, March 6th. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a research note on Wednesday, January 21st. DA Davidson boosted their price target on EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a report on Friday, February 27th. Finally, Robert W. Baird boosted their target price on shares of EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a research note on Friday, February 27th. Nine investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $784.43.

EMCOR Group Price Performance

NYSE:EME opened at $709.50 on Friday. The firm has a market capitalization of $31.59 billion, a P/E ratio of 25.13 and a beta of 1.16. EMCOR Group, Inc. has a 12-month low of $320.89 and a 12-month high of $835.00. The business has a 50 day simple moving average of $726.80 and a 200 day simple moving average of $671.08.

EMCOR Group (NYSE:EME) last announced its quarterly earnings results on Thursday, February 26th. The construction company reported $7.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.68 by $0.51. EMCOR Group had a net margin of 7.49% and a return on equity of 35.89%. The company had revenue of $4.51 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same quarter in the previous year, the company posted $6.32 earnings per share. The company’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 27.250-29.250 EPS. Research analysts anticipate that EMCOR Group, Inc. will post 20.74 EPS for the current fiscal year.

EMCOR Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 14th were issued a $0.40 dividend. This is a positive change from EMCOR Group’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Wednesday, January 14th. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. EMCOR Group’s dividend payout ratio is currently 5.67%.

EMCOR Group declared that its Board of Directors has initiated a share buyback plan on Thursday, December 18th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the construction company to reacquire up to 1.9% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

Insider Transactions at EMCOR Group

In other EMCOR Group news, CEO Anthony Guzzi sold 36,000 shares of the business’s stock in a transaction on 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 in the company, valued at approximately $124,229,714.52. The trade was a 17.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.83% of the company’s stock.

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.