Sovereign s Capital Management LLC Cuts Holdings in EMCOR Group, Inc. $EME

Sovereign s Capital Management LLC decreased its holdings in EMCOR Group, Inc. (NYSE:EME) by 59.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 758 shares of the construction company’s stock after selling 1,113 shares during the period. Sovereign s Capital Management LLC’s holdings in EMCOR Group were worth $464,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Asahi Life Asset Management CO. LTD. purchased a new stake in shares of EMCOR Group during the third quarter valued at about $445,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of EMCOR Group by 12.9% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 12,149 shares of the construction company’s stock valued at $7,972,000 after buying an additional 1,389 shares in the last quarter. Sierra Summit Advisors LLC purchased a new position in shares of EMCOR Group in the 3rd quarter worth approximately $5,459,000. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund raised its stake in shares of EMCOR Group by 100.0% during the 3rd quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 3,600 shares of the construction company’s stock worth $2,338,000 after acquiring an additional 1,800 shares in the last quarter. Finally, North Dakota State Investment Board bought a new position in shares of EMCOR Group during the 4th quarter worth approximately $928,000. Hedge funds and other institutional investors own 92.59% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on EME. Cantor Fitzgerald restated an “overweight” rating and issued a $1,123.00 target price on shares of EMCOR Group in a research note on Tuesday. DA Davidson upped their price target on EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. Zacks Research lowered EMCOR Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 26th. Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, Oppenheimer assumed coverage on EMCOR Group in a research report on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 target price on the stock. Ten equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $871.25.

Insider Transactions at EMCOR Group

In related news, Director Steven Schwarzwaelder sold 5,602 shares of the stock in a transaction that occurred on 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 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Robert Peter Lind sold 675 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $894.27, for a total transaction of $603,632.25. Following the transaction, the vice president directly owned 4,216 shares of the company’s stock, valued at $3,770,242.32. This represents a 13.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 9,077 shares of company stock worth $8,155,191. 1.26% of the stock is owned by company insiders.

EMCOR Group Trading Down 1.0%

NYSE:EME opened at $834.13 on Wednesday. The company has a market capitalization of $37.07 billion, a P/E ratio of 27.98 and a beta of 1.12. EMCOR Group, Inc. has a 12 month low of $478.16 and a 12 month high of $951.96. The firm has a fifty day simple moving average of $848.88 and a 200-day simple moving average of $751.59.

EMCOR Group (NYSE:EME) last released its earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.90 by $0.94. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The firm had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $4.20 billion. During the same period in the prior year, the firm earned $5.41 EPS. The firm’s 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. Equities analysts forecast that EMCOR Group, Inc. will post 29.22 EPS for the current year.

EMCOR Group Dividend Announcement

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

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.