EMCOR Group, Inc. $EME Stock Position Raised by Chase Investment Counsel Corp

Chase Investment Counsel Corp lifted its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 152.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,849 shares of the construction company’s stock after purchasing an additional 1,719 shares during the quarter. Chase Investment Counsel Corp’s holdings in EMCOR Group were worth $1,742,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of EME. Vanguard Group Inc. grew its position in shares of EMCOR Group by 17.6% during 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. Northwestern Mutual Wealth Management Co. grew its position in shares of EMCOR Group by 132,234.2% during the 4th 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 during the last quarter. Victory Capital Management Inc. grew its position in shares of EMCOR Group by 48.8% during 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. State Street Corp grew its position in shares of EMCOR Group by 15.2% during 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. Finally, Qube Research & Technologies Ltd grew its position in shares of EMCOR Group by 68.3% during 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 own 92.59% of the company’s stock.

EMCOR Group Trading Up 0.1%

NYSE EME opened at $914.03 on Monday. EMCOR Group, Inc. has a 52 week low of $450.68 and a 52 week high of $951.96. The stock has a market cap of $40.62 billion, a price-to-earnings ratio of 30.66 and a beta of 1.17. The company has a 50-day moving average price of $802.92 and a two-hundred day moving average price of $721.52.

EMCOR Group (NYSE:EME) last posted its earnings results on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, topping the consensus estimate of $5.90 by $0.94. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The firm had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $4.20 billion. During the same quarter in the prior year, the firm earned $5.41 EPS. EMCOR Group’s quarterly revenue was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, equities research analysts expect that EMCOR Group, Inc. will post 28.67 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th were given a $0.40 dividend. 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 is 5.37%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on EME. Stifel Nicolaus set a $918.00 price objective on shares of EMCOR Group in a research report on Thursday, April 30th. Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a research report on Monday, April 20th. Zacks Research raised shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. Finally, UBS Group boosted their price objective on shares of EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, EMCOR Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $799.29.

Insider Transactions at EMCOR Group

In other EMCOR Group 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 completion of the transaction, the director owned 15,875 shares in the company, valued at approximately $14,211,141.25. This represents a 26.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Anthony Guzzi sold 36,000 shares of the stock in a transaction that occurred 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 completion of the transaction, the chief executive officer owned 170,299 shares of the company’s stock, valued at $124,229,714.52. This trade represents a 17.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 45,077 shares of company stock worth $34,416,471 in the last quarter. 1.26% of the stock is currently owned by corporate insiders.

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.