Hahn Capital Management LLC Sells 907 Shares of EMCOR Group, Inc. $EME

Hahn Capital Management LLC cut its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 7.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,269 shares of the construction company’s stock after selling 907 shares during the quarter. EMCOR Group comprises 3.7% of Hahn Capital Management LLC’s portfolio, making the stock its 14th biggest holding. Hahn Capital Management LLC’s holdings in EMCOR Group were worth $6,894,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in EMCOR Group by 17.6% during the third quarter. Vanguard Group Inc. now owns 5,332,636 shares of the construction company’s stock worth $3,463,760,000 after purchasing an additional 798,975 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of EMCOR Group by 132,234.2% in 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 purchasing an additional 669,105 shares during the last quarter. Norges Bank bought a new position in shares of EMCOR Group in the fourth quarter valued at about $389,702,000. Bank of Montreal Can raised its position in shares of EMCOR Group by 425.8% in the fourth quarter. Bank of Montreal Can now owns 560,477 shares of the construction company’s stock valued at $342,894,000 after purchasing an additional 453,876 shares during the period. Finally, Victory Capital Management Inc. lifted its stake in shares of EMCOR Group by 34.5% during the 4th quarter. Victory Capital Management Inc. now owns 1,276,966 shares of the construction company’s stock worth $781,239,000 after buying an additional 327,606 shares during the last quarter. Institutional investors own 92.59% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on EME. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $1,123.00 target price on shares of EMCOR Group in a report on Tuesday. Wall Street Zen upgraded shares of EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. DA Davidson boosted their price objective on EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a report on Friday, February 27th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a research report on Monday, April 20th. Finally, UBS Group upped their target price on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Ten research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, EMCOR Group presently has a consensus rating of “Moderate Buy” and an average price target of $871.25.

Insiders Place Their Bets

In other EMCOR Group news, CFO Jason R. Nalbandian sold 800 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $856.43, for a total transaction of $685,144.00. Following the transaction, the chief financial officer owned 18,157 shares in the company, valued at $15,550,199.51. This trade represents a 4.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director William P. Reid sold 2,000 shares of EMCOR Group stock in a transaction on Monday, May 11th. The shares were sold at an average price of $925.78, for a total value of $1,851,560.00. Following the completion of the transaction, the director directly owned 10,149 shares of the company’s stock, valued at $9,395,741.22. This represents a 16.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 10,027 shares of company stock valued at $8,957,466 in the last quarter. Company insiders own 0.83% of the company’s stock.

EMCOR Group Stock Performance

NYSE:EME opened at $837.57 on Friday. EMCOR Group, Inc. has a 52 week low of $478.16 and a 52 week high of $951.96. The firm has a market cap of $37.22 billion, a price-to-earnings ratio of 28.10 and a beta of 1.12. The firm’s 50-day simple moving average is $852.00 and its 200 day simple moving average is $754.67.

EMCOR Group (NYSE:EME) last posted its quarterly earnings data on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $4.20 billion. During the same quarter in the previous year, the firm posted $5.41 EPS. The business’s revenue for the quarter was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. Sell-side analysts anticipate that EMCOR Group, Inc. will post 29.22 EPS for the current year.

EMCOR Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were given 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 was Thursday, April 16th. EMCOR Group’s payout ratio is presently 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.