Harvest Fund Management Co. Ltd Sells 937 Shares of EMCOR Group, Inc. $EME

Harvest Fund Management Co. Ltd lessened its stake in shares of EMCOR Group, Inc. (NYSE:EME) by 68.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 438 shares of the construction company’s stock after selling 937 shares during the period. Harvest Fund Management Co. Ltd’s holdings in EMCOR Group were worth $268,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. PAX Financial Group LLC increased its position in EMCOR Group by 3.6% during the 4th quarter. PAX Financial Group LLC now owns 404 shares of the construction company’s stock valued at $247,000 after buying an additional 14 shares in the last quarter. Austin Private Wealth LLC increased its position in EMCOR Group by 3.6% during the 4th quarter. Austin Private Wealth LLC now owns 437 shares of the construction company’s stock valued at $267,000 after buying an additional 15 shares in the last quarter. First National Bank of Hutchinson increased its position in EMCOR Group by 0.9% during the 4th quarter. First National Bank of Hutchinson now owns 1,614 shares of the construction company’s stock valued at $987,000 after buying an additional 15 shares in the last quarter. Advisors Capital Management LLC increased its position in EMCOR Group by 3.4% during the 4th quarter. Advisors Capital Management LLC now owns 450 shares of the construction company’s stock valued at $275,000 after buying an additional 15 shares in the last quarter. Finally, KPP Advisory Services LLC increased its position in EMCOR Group by 3.9% during the 4th quarter. KPP Advisory Services LLC now owns 399 shares of the construction company’s stock valued at $244,000 after buying an additional 15 shares in the last quarter. Institutional investors own 92.59% of the company’s stock.

EMCOR Group Trading Down 3.4%

EMCOR Group stock opened at $817.00 on Friday. The firm has a market cap of $36.31 billion, a price-to-earnings ratio of 27.41 and a beta of 1.12. The stock has a fifty day simple moving average of $837.60 and a two-hundred day simple moving average of $739.90. EMCOR Group, Inc. has a 12 month low of $455.14 and a 12 month high of $951.96.

EMCOR Group (NYSE:EME) last posted its earnings results on Wednesday, April 29th. The construction company reported $6.84 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 return on equity of 35.19% and a net margin of 7.54%.The company’s quarterly revenue was up 19.7% compared to the same quarter last year. During the same quarter last year, the company earned $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, equities research analysts forecast that EMCOR Group, Inc. will post 29.22 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th were issued a $0.40 dividend. The ex-dividend date of this dividend was Thursday, April 16th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio (DPR) is presently 5.37%.

Insider Transactions at EMCOR Group

In related news, Director Steven Schwarzwaelder sold 5,602 shares of EMCOR Group stock in a transaction on Thursday, April 30th. The stock was 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 owned 15,875 shares of the company’s stock, valued at $14,211,141.25. The trade was a 26.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Robert Peter Lind sold 675 shares of EMCOR Group 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 completion of the sale, the vice president directly owned 4,216 shares of the company’s stock, 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 sold 9,077 shares of company stock worth $8,155,191. 0.83% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts recently weighed in on EME shares. Cantor Fitzgerald started coverage on EMCOR Group in a research report on Tuesday, March 10th. They set an “overweight” rating and a $848.00 price objective for the company. Stifel Nicolaus set a $918.00 price objective on EMCOR Group in a research report on Thursday, April 30th. UBS Group raised their price objective on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, Oppenheimer initiated coverage on EMCOR Group in a report on Thursday, May 28th. They issued an “outperform” rating and a $1,100.00 target price for the company. Ten equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, EMCOR Group has a consensus rating of “Moderate Buy” and a consensus target price of $836.88.

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.