Teacher Retirement System of Texas Trims Stock Holdings in EMCOR Group, Inc. $EME

Teacher Retirement System of Texas trimmed its holdings in EMCOR Group, Inc. (NYSE:EME) by 4.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 65,964 shares of the construction company’s stock after selling 2,948 shares during the quarter. Teacher Retirement System of Texas’ holdings in EMCOR Group were worth $40,356,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of EME. Vanguard Group Inc. grew its stake in 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 in the last quarter. Victory Capital Management Inc. grew its stake in 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 in the last quarter. State Street Corp grew its stake in 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 in the last quarter. Qube Research & Technologies Ltd grew its stake in 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 in the last quarter. Finally, Massachusetts Financial Services Co. MA grew its stake in EMCOR Group by 29,086.9% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 111,494 shares of the construction company’s stock valued at $68,211,000 after buying an additional 111,112 shares in the last quarter. 92.59% of the stock is currently owned by hedge funds and other institutional investors.

EMCOR Group Stock Performance

EMCOR Group stock opened at $873.38 on Friday. The firm’s fifty day moving average price is $766.99 and its 200-day moving average price is $700.16. The stock has a market cap of $38.81 billion, a P/E ratio of 30.94 and a beta of 1.11. EMCOR Group, Inc. has a fifty-two week low of $374.64 and a fifty-two week high of $881.96.

EMCOR Group (NYSE:EME) last posted its quarterly earnings data on Thursday, February 26th. The construction company reported $7.19 earnings per share for the quarter, beating the consensus estimate of $6.68 by $0.51. The firm had revenue of $4.51 billion for the quarter, compared to analysts’ expectations of $4.28 billion. EMCOR Group had a net margin of 7.49% and a return on equity of 35.89%. The business’s quarterly revenue was up 19.7% on a year-over-year basis. During the same quarter last year, the company posted $6.32 EPS. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. On average, analysts predict that EMCOR Group, Inc. will post 28.24 earnings per share for the current year.

EMCOR Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Thursday, April 16th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Thursday, April 16th. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio (DPR) is currently 5.67%.

Insider Activity at EMCOR Group

In related news, CEO Anthony Guzzi sold 36,000 shares of the stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $729.48, for a total transaction of $26,261,280.00. Following the transaction, the chief executive officer owned 170,299 shares of the company’s stock, valued at approximately $124,229,714.52. This trade represents a 17.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.83% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on EME. DA Davidson lifted their price objective on shares of EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a research note on Friday, February 27th. Cantor Fitzgerald assumed coverage on shares of EMCOR Group in a research note on Tuesday, March 10th. They issued an “overweight” rating and a $848.00 price objective for the company. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a report on Monday. UBS Group raised 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. Finally, Wall Street Zen downgraded shares of EMCOR Group from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Nine investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $796.86.

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.