EMCOR Group, Inc. $EME Shares Acquired by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. boosted its position in EMCOR Group, Inc. (NYSE:EME) by 11.8% during the 4th quarter, HoldingsChannel reports. The firm owned 6,970 shares of the construction company’s stock after buying an additional 738 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in EMCOR Group were worth $4,265,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of EME. Wealth Enhancement Advisory Services LLC grew its holdings in 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 worth $7,972,000 after buying an additional 1,389 shares in the last quarter. Sierra Summit Advisors LLC bought a new stake in EMCOR Group during the 3rd quarter valued at $5,459,000. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund boosted its position in 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 during the period. North Dakota State Investment Board acquired a new position in EMCOR Group during the 4th quarter worth $928,000. Finally, Munich Reinsurance Co Stock Corp in Munich bought a new position in shares of EMCOR Group in the third quarter worth $8,874,000. 92.59% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at EMCOR Group

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

Analysts Set New Price Targets

EME has been the topic of a number of research analyst reports. Zacks Research lowered EMCOR Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 26th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a report on Monday, April 20th. Oppenheimer initiated coverage on shares of EMCOR Group in a research report on Thursday, May 28th. They issued an “outperform” rating and a $1,100.00 target price for the company. Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, UBS Group raised their target price on shares of EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Eight investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $871.25.

EMCOR Group Stock Performance

Shares of NYSE EME opened at $800.67 on Friday. EMCOR Group, Inc. has a 1 year low of $516.91 and a 1 year high of $951.96. The firm has a market cap of $35.58 billion, a P/E ratio of 26.86 and a beta of 1.12. The stock has a fifty day moving average price of $856.74 and a two-hundred day moving average price of $763.19.

EMCOR Group (NYSE:EME) last posted its quarterly earnings data 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 company had revenue of $4.63 billion for 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 quarterly revenue was up 19.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, research analysts predict that EMCOR Group, Inc. will post 29.37 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

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