Intech Investment Management LLC Has $2.95 Million Stock Holdings in EMCOR Group, Inc. $EME

Intech Investment Management LLC decreased its stake in EMCOR Group, Inc. (NYSE:EME) by 95.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 4,534 shares of the construction company’s stock after selling 93,704 shares during the quarter. Intech Investment Management LLC’s holdings in EMCOR Group were worth $2,945,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Great Lakes Advisors LLC lifted its stake in shares of EMCOR Group by 32.3% in the 1st quarter. Great Lakes Advisors LLC now owns 590 shares of the construction company’s stock valued at $218,000 after acquiring an additional 144 shares during the last quarter. Geneos Wealth Management Inc. grew its position in EMCOR Group by 93.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 220 shares of the construction company’s stock worth $81,000 after acquiring an additional 106 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in EMCOR Group in the 2nd quarter worth about $459,000. Arkadios Wealth Advisors increased its holdings in EMCOR Group by 61.6% in the 2nd quarter. Arkadios Wealth Advisors now owns 1,225 shares of the construction company’s stock worth $655,000 after purchasing an additional 467 shares in the last quarter. Finally, Assetmark Inc. raised its position in EMCOR Group by 2.5% in the second quarter. Assetmark Inc. now owns 6,392 shares of the construction company’s stock valued at $3,419,000 after purchasing an additional 155 shares during the last quarter. Institutional investors own 92.59% of the company’s stock.

EMCOR Group Price Performance

Shares of NYSE:EME opened at $736.49 on Tuesday. EMCOR Group, Inc. has a 1 year low of $320.89 and a 1 year high of $835.00. The business’s 50-day moving average is $710.75 and its 200-day moving average is $665.60. The company has a market capitalization of $32.80 billion, a price-to-earnings ratio of 26.09 and a beta of 1.16.

EMCOR Group (NYSE:EME) last released its quarterly earnings data on Thursday, February 26th. The construction company reported $7.19 earnings per share for the quarter, beating the consensus estimate of $6.68 by $0.51. EMCOR Group had a net margin of 7.49% and a return on equity of 35.89%. The company had revenue of $4.51 billion during the quarter, compared to analyst estimates of $4.28 billion. During the same quarter in the previous year, the business posted $6.32 EPS. EMCOR Group’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 27.250-29.250 EPS. Analysts anticipate that EMCOR Group, Inc. will post 20.74 EPS for the current year.

EMCOR Group announced that its board has initiated a stock buyback program on Thursday, December 18th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the construction company to buy up to 1.9% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board of directors believes its stock is undervalued.

EMCOR Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, January 14th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, January 14th. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. This is an increase from EMCOR Group’s previous quarterly dividend of $0.25. EMCOR Group’s dividend payout ratio is presently 5.67%.

Wall Street Analyst Weigh In

EME has been the topic of several research reports. DA Davidson boosted their price target on EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a report on Friday. Stifel Nicolaus set a $814.00 price objective on shares of EMCOR Group in a report on Monday. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a report on Wednesday, January 21st. Robert W. Baird upped their price target on shares of EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a research report on Friday. Finally, Zacks Research downgraded shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 19th. Eight research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $741.33.

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.