Spectrum Strategic Capital Management LLC Purchases New Position in EMCOR Group, Inc. $EME

Spectrum Strategic Capital Management LLC purchased a new stake in EMCOR Group, Inc. (NYSE:EME) in the 4th quarter, HoldingsChannel reports. The fund purchased 1,586 shares of the construction company’s stock, valued at approximately $970,000.

Several other large investors also recently modified their holdings of the business. Vanguard Group Inc. grew its stake in shares of EMCOR Group by 17.6% during the third quarter. Vanguard Group Inc. now owns 5,332,636 shares of the construction company’s stock valued at $3,463,760,000 after acquiring an additional 798,975 shares in the last quarter. State Street Corp grew its stake in shares of EMCOR Group by 15.2% during the third quarter. State Street Corp now owns 1,852,991 shares of the construction company’s stock valued at $1,203,592,000 after acquiring an additional 244,494 shares in the last quarter. Victory Capital Management Inc. grew its stake in shares of EMCOR Group by 48.8% during the third quarter. Victory Capital Management Inc. now owns 949,360 shares of the construction company’s stock valued at $572,351,000 after acquiring an additional 311,474 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of EMCOR Group by 132,234.2% during 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 acquiring an additional 669,105 shares in the last quarter. Finally, AQR Capital Management LLC grew its stake in shares of EMCOR Group by 0.9% during the third quarter. AQR Capital Management LLC now owns 627,507 shares of the construction company’s stock valued at $405,295,000 after acquiring an additional 5,488 shares in the last quarter. 92.59% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on EME shares. Stifel Nicolaus set a $918.00 target price on EMCOR Group in a research note on Thursday, April 30th. Zacks Research upgraded EMCOR Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th. DA Davidson raised their target price on 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 started coverage on EMCOR Group in a research note on Tuesday, March 10th. They set an “overweight” rating and a $848.00 target price for the company. Finally, Wall Street Zen upgraded EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $799.29.

Insiders Place Their Bets

In related news, CEO Anthony Guzzi sold 36,000 shares of EMCOR Group stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $729.48, for a total value of $26,261,280.00. Following the completion of the transaction, the chief executive officer directly owned 170,299 shares in the company, valued at approximately $124,229,714.52. This trade represents a 17.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 completion of the transaction, the chief financial officer owned 18,157 shares of the company’s stock, valued at $15,550,199.51. This trade represents a 4.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 45,077 shares of company stock valued at $34,416,471. 1.26% of the stock is owned by company insiders.

EMCOR Group Stock Performance

NYSE:EME opened at $914.03 on Monday. The company has a market capitalization of $40.62 billion, a price-to-earnings ratio of 30.66 and a beta of 1.17. EMCOR Group, Inc. has a one year low of $450.68 and a one year high of $951.96. The stock has a 50-day simple moving average of $802.92 and a 200 day simple moving average of $721.52.

EMCOR Group (NYSE:EME) last posted 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 business had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.20 billion. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The company’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same period last year, the firm earned $5.41 earnings per share. 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 28.67 EPS for the current fiscal year.

EMCOR Group Announces Dividend

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

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.