Chicago Partners Investment Group LLC Has $1.62 Million Holdings in EMCOR Group, Inc. $EME

Chicago Partners Investment Group LLC boosted its holdings in EMCOR Group, Inc. (NYSE:EME) by 127.3% in the 1st quarter, Holdings Channel.com reports. The firm owned 2,198 shares of the construction company’s stock after acquiring an additional 1,231 shares during the period. Chicago Partners Investment Group LLC’s holdings in EMCOR Group were worth $1,623,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. raised its position in shares of EMCOR Group by 132,234.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 669,611 shares of the construction company’s stock valued at $409,661,000 after buying an additional 669,105 shares in the last quarter. Norges Bank bought a new stake in shares of EMCOR Group in the fourth quarter valued at approximately $389,702,000. Bank of Montreal Can grew its position in EMCOR Group by 425.8% during the fourth quarter. Bank of Montreal Can now owns 560,477 shares of the construction company’s stock worth $342,894,000 after buying an additional 453,876 shares in the last quarter. Victory Capital Management Inc. grew its position in EMCOR Group by 34.5% during the fourth quarter. Victory Capital Management Inc. now owns 1,276,966 shares of the construction company’s stock worth $781,239,000 after buying an additional 327,606 shares in the last quarter. Finally, Earnest Partners LLC bought a new position in EMCOR Group during the 4th quarter worth $156,714,000. Institutional investors and hedge funds own 92.59% of the company’s stock.

Insider Buying and Selling at EMCOR Group

In other EMCOR Group 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 transaction, the chief financial officer 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 transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director William P. Reid sold 2,000 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $925.78, for a total value of $1,851,560.00. Following the transaction, the director directly owned 10,149 shares of the company’s stock, valued at approximately $9,395,741.22. The trade was a 16.46% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 10,027 shares of company stock worth $8,957,466 over the last quarter. 1.26% of the stock is currently owned by company insiders.

EMCOR Group Price Performance

Shares of NYSE:EME opened at $774.55 on Wednesday. EMCOR Group, Inc. has a 1 year low of $540.00 and a 1 year high of $951.96. The stock has a market capitalization of $34.42 billion, a price-to-earnings ratio of 25.98 and a beta of 1.13. The company’s 50 day simple moving average is $839.81 and its 200 day simple moving average is $778.06.

EMCOR Group (NYSE:EME) last released its earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share for the quarter, topping the consensus estimate of $5.90 by $0.94. The firm had revenue of $4.63 billion during the quarter, compared to analysts’ expectations 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 period in the prior year, the company earned $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, analysts anticipate that EMCOR Group, Inc. will post 29.37 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

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

Wall Street Analyst Weigh In

EME has been the subject of several analyst reports. Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Oppenheimer began coverage on EMCOR Group in a report on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 target price on the stock. Cantor Fitzgerald restated an “overweight” rating and issued a $1,123.00 price target on shares of EMCOR Group in a research report on Tuesday, June 16th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a research note on Monday, April 20th. Finally, Stifel Nicolaus set a $918.00 price objective on shares of EMCOR Group in a research report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target 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.