Value Holdings Management CO. LLC Takes $58.94 Million Position in EMCOR Group, Inc. $EME

Value Holdings Management CO. LLC bought a new position in shares of EMCOR Group, Inc. (NYSE:EME) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 71,020 shares of the construction company’s stock, valued at approximately $58,938,000. EMCOR Group makes up approximately 9.9% of Value Holdings Management CO. LLC’s investment portfolio, making the stock its 3rd largest position.

Other hedge funds have also recently modified their holdings of the company. Ascentis Independent Advisors purchased a new position in EMCOR Group in the 1st quarter valued at about $27,000. Swiss RE Ltd. purchased a new stake in EMCOR Group during the 4th quarter worth approximately $25,000. Zions Bancorporation National Association UT purchased a new stake in EMCOR Group during the 4th quarter worth approximately $28,000. Clearstead Trust LLC acquired a new position in shares of EMCOR Group during the second quarter valued at approximately $38,000. Finally, Basecamp Wealth Advisors LLC raised its holdings in shares of EMCOR Group by 4,700.0% during the first quarter. Basecamp Wealth Advisors LLC now owns 48 shares of the construction company’s stock valued at $35,000 after acquiring an additional 47 shares during the last quarter. Institutional investors and hedge funds own 92.59% of the company’s stock.

Analysts Set New Price Targets

EME has been the topic of several research reports. Zacks Research upgraded EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a research report on Friday, July 17th. UBS Group increased their price objective on EMCOR Group from $975.00 to $1,065.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Stifel Nicolaus set a $918.00 target price on shares of EMCOR Group in a research note on Thursday, April 30th. Finally, DA Davidson set a $1,047.00 target price on shares of EMCOR Group in a research note on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $965.86.

EMCOR Group Stock Down 2.2%

Shares of NYSE:EME opened at $788.39 on Friday. EMCOR Group, Inc. has a 52-week low of $564.92 and a 52-week high of $951.96. The stock has a market cap of $34.78 billion, a P/E ratio of 24.52 and a beta of 1.14. The business has a fifty day moving average of $798.27 and a two-hundred day moving average of $800.61.

EMCOR Group (NYSE:EME) last posted its quarterly earnings results on Thursday, July 30th. The construction company reported $9.06 EPS for the quarter, topping the consensus estimate of $7.23 by $1.83. The business had revenue of $5.15 billion for the quarter, compared to analyst estimates of $4.71 billion. EMCOR Group had a return on equity of 35.49% and a net margin of 7.74%.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 firm earned $6.72 EPS. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. On average, equities analysts anticipate that EMCOR Group, Inc. will post 33.04 earnings per share for the current year.

EMCOR Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, July 15th. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. EMCOR Group’s payout ratio is 4.98%.

Insiders Place Their Bets

In other EMCOR Group news, Director Carol P. Lowe sold 950 shares of the business’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total value of $802,275.00. Following the transaction, the director directly owned 17,278 shares in the company, valued at $14,591,271. The trade was a 5.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.73% of the stock is owned by insiders.

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.