Northwestern Mutual Wealth Management Co. Has $409.66 Million Holdings in EMCOR Group, Inc. $EME

Northwestern Mutual Wealth Management Co. increased its stake in EMCOR Group, Inc. (NYSE:EME) by 132,234.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 669,611 shares of the construction company’s stock after purchasing an additional 669,105 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in EMCOR Group were worth $409,661,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of EMCOR Group by 17.6% in the 3rd quarter. Vanguard Group Inc. now owns 5,332,636 shares of the construction company’s stock valued at $3,463,760,000 after buying an additional 798,975 shares during the last quarter. State Street Corp boosted its holdings in shares of EMCOR Group by 15.2% in the 3rd quarter. State Street Corp now owns 1,852,991 shares of the construction company’s stock valued at $1,203,592,000 after buying an additional 244,494 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in shares of EMCOR Group by 48.8% in the 3rd quarter. Victory Capital Management Inc. now owns 949,360 shares of the construction company’s stock valued at $572,351,000 after buying an additional 311,474 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of EMCOR Group by 0.9% in the 3rd quarter. AQR Capital Management LLC now owns 627,507 shares of the construction company’s stock valued at $405,295,000 after buying an additional 5,488 shares during the last quarter. Finally, Qube Research & Technologies Ltd boosted its holdings in shares of EMCOR Group by 68.3% in the 3rd quarter. Qube Research & Technologies Ltd now owns 489,658 shares of the construction company’s stock valued at $318,052,000 after buying an additional 198,657 shares during the last quarter. Institutional investors and hedge funds own 92.59% of the company’s stock.

EMCOR Group Price Performance

Shares of EMCOR Group stock opened at $914.03 on Friday. The business has a fifty day simple moving average of $802.92 and a two-hundred day simple moving average of $721.75. EMCOR Group, Inc. has a 1 year low of $450.68 and a 1 year high of $951.96. The company has a market capitalization of $40.62 billion, a price-to-earnings ratio of 30.66 and a beta of 1.17.

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 the consensus estimate of $4.20 billion. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The company’s quarterly revenue was up 19.7% on a year-over-year basis. During the same quarter last year, the firm posted $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, equities analysts anticipate that EMCOR Group, Inc. will post 28.67 earnings per share for the current fiscal year.

EMCOR Group Dividend Announcement

The company also recently disclosed 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. The ex-dividend date 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 presently 5.37%.

Analysts Set New Price Targets

EME has been the subject of several recent analyst reports. Zacks Research raised EMCOR Group from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Robert W. Baird raised their price target on EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Stifel Nicolaus set a $918.00 price target on EMCOR Group in a report on Thursday, April 30th. Finally, DA Davidson raised 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. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, EMCOR Group has an average rating of “Moderate Buy” and an average target price of $799.29.

Insider Activity

In other EMCOR Group news, Director Steven Schwarzwaelder sold 5,602 shares of the stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $895.19, for a total transaction of $5,014,854.38. Following the transaction, the director owned 15,875 shares in the company, valued at $14,211,141.25. This trade represents a 26.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Robert Peter Lind sold 675 shares of the stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $894.27, for a total value of $603,632.25. Following the transaction, the vice president owned 4,216 shares in the company, valued at $3,770,242.32. The trade was a 13.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 45,077 shares of company stock worth $34,416,471. Corporate 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.