Intech Investment Management LLC Acquires 14,353 Shares of EMCOR Group, Inc. $EME

Intech Investment Management LLC boosted its holdings in EMCOR Group, Inc. (NYSE:EME) by 316.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 18,887 shares of the construction company’s stock after purchasing an additional 14,353 shares during the period. Intech Investment Management LLC’s holdings in EMCOR Group were worth $11,555,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Huntington National Bank increased its stake in EMCOR Group by 125.3% in the fourth quarter. Huntington National Bank now owns 187 shares of the construction company’s stock valued at $114,000 after acquiring an additional 104 shares during the period. Geode Capital Management LLC increased its stake in EMCOR Group by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 1,425,523 shares of the construction company’s stock valued at $869,343,000 after acquiring an additional 7,790 shares during the period. Flputnam Investment Management Co. bought a new stake in EMCOR Group in the fourth quarter valued at about $8,936,000. Kestra Investment Management LLC increased its stake in EMCOR Group by 6.1% in the fourth quarter. Kestra Investment Management LLC now owns 2,708 shares of the construction company’s stock valued at $1,657,000 after acquiring an additional 156 shares during the period. Finally, Harbour Investments Inc. increased its stake in EMCOR Group by 79.7% in the fourth quarter. Harbour Investments Inc. now owns 363 shares of the construction company’s stock valued at $222,000 after acquiring an additional 161 shares during the period. Institutional investors own 92.59% of the company’s stock.

Insider Activity

In other news, CEO Anthony Guzzi sold 36,000 shares of the company’s 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 transaction, the chief executive officer directly owned 170,299 shares in the company, valued at approximately $124,229,714.52. This represents a 17.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Steven Schwarzwaelder sold 5,602 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $895.19, for a total transaction 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 45,077 shares of company stock valued at $34,416,471. Corporate insiders own 0.83% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on EME shares. Zacks Research cut shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. DA Davidson upped their target price on shares of EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a research note on Friday, February 27th. Stifel Nicolaus set a $918.00 target price on shares of EMCOR Group in a research note on Thursday, April 30th. Finally, Oppenheimer began coverage on shares of EMCOR Group in a research note on Thursday. They set an “outperform” rating and a $1,100.00 price objective on the stock. Ten research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $836.88.

EMCOR Group Trading Down 2.7%

Shares of EMCOR Group stock opened at $825.34 on Friday. The stock 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 1-year low of $455.14 and a 1-year high of $951.96. The firm’s 50-day moving average price is $829.32 and its two-hundred day moving average price is $733.01.

EMCOR Group (NYSE:EME) last issued its quarterly earnings data 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 firm had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $4.20 billion. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The company’s quarterly revenue was up 19.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, equities research analysts predict that EMCOR Group, Inc. will post 28.67 EPS for the current year.

EMCOR Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a 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 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.