GHP Investment Advisors Inc. Sells 1,065 Shares of EMCOR Group, Inc. $EME

GHP Investment Advisors Inc. reduced its stake in shares of EMCOR Group, Inc. (NYSE:EME) by 3.2% during the first quarter, Holdings Channel reports. The firm owned 31,888 shares of the construction company’s stock after selling 1,065 shares during the quarter. EMCOR Group makes up approximately 1.0% of GHP Investment Advisors Inc.’s portfolio, making the stock its 19th biggest position. GHP Investment Advisors Inc.’s holdings in EMCOR Group were worth $23,543,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in EME. PAX Financial Group LLC boosted its stake in shares of 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 purchasing an additional 14 shares in the last quarter. Austin Private Wealth LLC raised its stake in EMCOR Group by 3.6% in the fourth quarter. Austin Private Wealth LLC now owns 437 shares of the construction company’s stock worth $267,000 after buying an additional 15 shares in the last quarter. Advisors Capital Management LLC lifted its holdings in EMCOR Group by 3.4% in the fourth quarter. Advisors Capital Management LLC now owns 450 shares of the construction company’s stock worth $275,000 after buying an additional 15 shares during the period. First National Bank of Hutchinson lifted its holdings in EMCOR Group by 0.9% in the fourth quarter. First National Bank of Hutchinson now owns 1,614 shares of the construction company’s stock worth $987,000 after buying an additional 15 shares during the period. Finally, KPP Advisory Services LLC boosted 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 acquiring an additional 15 shares in the last quarter. 92.59% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on EME. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a report on Monday, April 20th. Cantor Fitzgerald restated an “overweight” rating and issued a $1,123.00 target price on shares of EMCOR Group in a research note on Tuesday, June 16th. UBS Group lifted their price target on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Robert W. Baird increased their price objective on EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a report on Friday, February 27th. Finally, Oppenheimer initiated coverage on EMCOR Group in a research report on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 price objective for the company. Ten research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $871.25.

Insider Activity

In related news, Director Steven Schwarzwaelder sold 5,602 shares of the company’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $895.19, for a total value of $5,014,854.38. Following the transaction, the director owned 15,875 shares in the company, valued at $14,211,141.25. The trade was a 26.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Robert Peter Lind sold 675 shares of the stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $894.27, for a total transaction of $603,632.25. Following the sale, the vice president directly owned 4,216 shares in the company, valued at $3,770,242.32. This trade represents a 13.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 10,027 shares of company stock valued at $8,957,466. 0.83% of the stock is currently owned by insiders.

EMCOR Group Stock Performance

Shares of NYSE EME opened at $864.00 on Friday. The company has a 50 day simple moving average of $856.82 and a two-hundred day simple moving average of $762.93. EMCOR Group, Inc. has a fifty-two week low of $504.58 and a fifty-two week high of $951.96. The company has a market capitalization of $38.40 billion, a price-to-earnings ratio of 28.98 and a beta of 1.12.

EMCOR Group (NYSE:EME) last issued its quarterly 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 firm had revenue of $4.63 billion for 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 business’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, analysts forecast that EMCOR Group, Inc. will post 29.37 earnings per share for the current fiscal year.

EMCOR Group Dividend Announcement

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

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.