Mediolanum International Funds Ltd Has $17.68 Million Holdings in EMCOR Group, Inc. $EME

Mediolanum International Funds Ltd trimmed its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 17.8% during the first quarter, Holdings Channel.com reports. The institutional investor owned 25,224 shares of the construction company’s stock after selling 5,451 shares during the quarter. Mediolanum International Funds Ltd’s holdings in EMCOR Group were worth $17,685,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Ascentis Independent Advisors bought a new stake in shares of EMCOR Group in the 1st quarter valued at $27,000. Swiss RE Ltd. bought a new position in EMCOR Group during the fourth quarter worth $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in EMCOR Group during the fourth quarter worth $26,000. Zions Bancorporation National Association UT acquired a new stake in EMCOR Group in the fourth quarter worth $28,000. Finally, Activest Wealth Management increased its stake in EMCOR Group by 800.0% in the fourth quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock valued at $33,000 after purchasing an additional 48 shares in the last quarter. Institutional investors and hedge funds own 92.59% of the company’s stock.

EMCOR Group Trading Down 0.4%

EMCOR Group stock opened at $741.30 on Monday. The firm has a market capitalization of $32.94 billion, a price-to-earnings ratio of 24.87 and a beta of 1.13. The firm’s fifty day moving average price is $829.21 and its two-hundred day moving average price is $780.76. EMCOR Group, Inc. has a 1-year low of $540.00 and a 1-year high of $951.96.

EMCOR Group (NYSE:EME) last posted its earnings results on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, topping the consensus estimate of $5.90 by $0.94. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The company had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.20 billion. During the same period in the previous year, the firm posted $5.41 earnings per share. The firm’s revenue for the quarter was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, research analysts forecast that EMCOR Group, Inc. will post 29.37 EPS for the current year.

EMCOR Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be 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 is Wednesday, July 15th. EMCOR Group’s payout ratio is currently 5.37%.

Insider Transactions at EMCOR Group

In other news, CFO Jason R. Nalbandian sold 800 shares of the stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $856.43, for a total value of $685,144.00. Following the completion of the sale, the chief financial officer directly owned 18,157 shares of the company’s stock, valued at $15,550,199.51. This represents a 4.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Carol P. Lowe sold 950 shares of the firm’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 transaction, the director owned 17,278 shares in the company, valued at $14,591,271. This represents a 5.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 10,027 shares of company stock valued at $8,957,466. Corporate insiders own 0.83% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on EME. Stifel Nicolaus set a $918.00 price objective on shares of EMCOR Group in a research report on Thursday, April 30th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $1,123.00 target price on shares of EMCOR Group in a research report on Tuesday, June 16th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a research note on Monday, April 20th. Oppenheimer started coverage on EMCOR Group in a report on Thursday, May 28th. They issued an “outperform” rating and a $1,100.00 price target on the stock. Finally, Zacks Research raised EMCOR Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $871.25.

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.