EMCOR Group, Inc. $EME Shares Sold by Kestra Advisory Services LLC

Kestra Advisory Services LLC lessened its stake in shares of EMCOR Group, Inc. (NYSE:EME) by 22.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,062 shares of the construction company’s stock after selling 1,147 shares during the quarter. Kestra Advisory Services LLC’s holdings in EMCOR Group were worth $2,999,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of EMCOR Group by 10.2% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 105,764 shares of the construction company’s stock worth $78,087,000 after acquiring an additional 9,754 shares during the last quarter. Resona Asset Management Co. Ltd. lifted its position in shares of EMCOR Group by 1.4% in the first quarter. Resona Asset Management Co. Ltd. now owns 14,179 shares of the construction company’s stock valued at $10,367,000 after acquiring an additional 196 shares in the last quarter. Personal CFO Solutions LLC boosted its stake in shares of EMCOR Group by 24.1% during the first quarter. Personal CFO Solutions LLC now owns 870 shares of the construction company’s stock valued at $643,000 after acquiring an additional 169 shares during the last quarter. Axxcess Wealth Management LLC increased its position in EMCOR Group by 7.7% during the 1st quarter. Axxcess Wealth Management LLC now owns 1,916 shares of the construction company’s stock worth $1,415,000 after purchasing an additional 137 shares in the last quarter. Finally, Cvfg LLC purchased a new stake in EMCOR Group during the 1st quarter worth about $2,800,000. Hedge funds and other institutional investors own 92.59% of the company’s stock.

EMCOR Group Trading Down 1.2%

NYSE EME opened at $741.30 on Friday. The business’s 50-day moving average price is $829.21 and its 200 day moving average price is $779.67. EMCOR Group, Inc. has a twelve month low of $540.00 and a twelve month high of $951.96. The company has a market capitalization of $32.94 billion, a PE ratio of 24.87 and a beta of 1.13.

EMCOR Group (NYSE:EME) last posted its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 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 company had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $4.20 billion. During the same quarter in the previous year, the business 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 predict that EMCOR Group, Inc. will post 29.37 EPS for the current year.

EMCOR Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be given a $0.40 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio (DPR) is currently 5.37%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on EME shares. Stifel Nicolaus set a $918.00 target price on shares of EMCOR Group in a research note on Thursday, April 30th. Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Oppenheimer started coverage on shares of EMCOR Group in a report on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 price target for the company. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research report on Monday, April 20th. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $1,123.00 price objective on shares of EMCOR Group in a research note on Tuesday, June 16th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, EMCOR Group presently has an average rating of “Moderate Buy” and an average target price of $871.25.

Insider Transactions at EMCOR Group

In related news, Director Carol P. Lowe sold 950 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total value of $802,275.00. Following the completion of the sale, the director directly owned 17,278 shares in the company, valued at approximately $14,591,271. The trade was a 5.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 directly owned 15,875 shares of the company’s stock, valued at $14,211,141.25. This trade represents a 26.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 10,027 shares of company stock valued at $8,957,466 in the last quarter. Insiders own 0.83% of the company’s stock.

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.