Geode Capital Management LLC Raises Position in EMCOR Group, Inc. $EME

Geode Capital Management LLC raised its stake in EMCOR Group, Inc. (NYSE:EME) by 0.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,425,523 shares of the construction company’s stock after buying an additional 7,790 shares during the quarter. Geode Capital Management LLC’s holdings in EMCOR Group were worth $869,343,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. PAX Financial Group LLC grew its stake in shares of EMCOR Group by 3.6% in the 4th quarter. PAX Financial Group LLC now owns 404 shares of the construction company’s stock worth $247,000 after acquiring an additional 14 shares in the last quarter. Austin Private Wealth LLC grew its stake in shares of EMCOR Group by 3.6% in the 4th quarter. Austin Private Wealth LLC now owns 437 shares of the construction company’s stock worth $267,000 after acquiring an additional 15 shares in the last quarter. First National Bank of Hutchinson grew its stake in shares of EMCOR Group by 0.9% in the 4th quarter. First National Bank of Hutchinson now owns 1,614 shares of the construction company’s stock worth $987,000 after acquiring an additional 15 shares in the last quarter. Advisors Capital Management LLC grew its stake in shares of EMCOR Group by 3.4% in the 4th quarter. Advisors Capital Management LLC now owns 450 shares of the construction company’s stock worth $275,000 after acquiring an additional 15 shares in the last quarter. Finally, KPP Advisory Services LLC grew its stake in shares of EMCOR Group by 3.9% in the 4th quarter. KPP Advisory Services LLC now owns 399 shares of the construction company’s stock worth $244,000 after acquiring an additional 15 shares in the last quarter. Institutional investors own 92.59% of the company’s stock.

EMCOR Group Stock Performance

EME stock opened at $825.34 on Friday. The company has a market capitalization of $36.68 billion, a price-to-earnings ratio of 27.69 and a beta of 1.17. EMCOR Group, Inc. has a fifty-two week low of $455.14 and a fifty-two week high of $951.96. The stock has a fifty day moving average of $829.32 and a 200-day moving average of $733.01.

EMCOR Group (NYSE:EME) last posted its quarterly 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 company 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 firm’s quarterly revenue was up 19.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. Equities analysts predict that EMCOR Group, Inc. will post 28.67 EPS for the current year.

EMCOR Group Dividend Announcement

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

Insider Activity at EMCOR Group

In related news, Director Steven Schwarzwaelder sold 5,602 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $895.19, for a total transaction of $5,014,854.38. Following the sale, the director directly owned 15,875 shares in the company, valued at approximately $14,211,141.25. This represents a 26.08% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Robert Peter Lind sold 675 shares of the company’s stock in a transaction that occurred on 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 owned 4,216 shares in the company, valued at $3,770,242.32. The trade was a 13.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 45,077 shares of company stock worth $34,416,471 in the last ninety days. Insiders own 0.83% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Zacks Research lowered shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Oppenheimer initiated coverage on EMCOR Group in a research note on Thursday. They issued an “outperform” rating and a $1,100.00 target price on the stock. DA Davidson boosted their target price on EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. Stifel Nicolaus set a $918.00 target price on EMCOR Group in a research note on Thursday, April 30th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a research note on Monday, April 20th. Ten equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target 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.