Pacer Advisors Inc. Sells 941 Shares of EMCOR Group, Inc. $EME

Pacer Advisors Inc. reduced its stake in shares of EMCOR Group, Inc. (NYSE:EME) by 8.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 9,911 shares of the construction company’s stock after selling 941 shares during the period. Pacer Advisors Inc.’s holdings in EMCOR Group were worth $7,317,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. North Dakota State Investment Board bought a new stake in EMCOR Group during the fourth quarter worth about $928,000. Thrivent Financial for Lutherans grew its stake in EMCOR Group by 663.4% in the fourth quarter. Thrivent Financial for Lutherans now owns 113,562 shares of the construction company’s stock valued at $69,476,000 after purchasing an additional 98,687 shares in the last quarter. Chase Investment Counsel Corp increased its position in shares of EMCOR Group by 152.1% during the 4th quarter. Chase Investment Counsel Corp now owns 2,849 shares of the construction company’s stock worth $1,742,000 after purchasing an additional 1,719 shares during the last quarter. Passumpsic Savings Bank acquired a new position in shares of EMCOR Group during the 4th quarter worth approximately $1,726,000. Finally, Spectrum Strategic Capital Management LLC bought a new stake in shares of EMCOR Group during the 4th quarter worth approximately $970,000. Institutional investors own 92.59% of the company’s stock.

Insider Activity

In related news, Director Carol P. Lowe sold 950 shares of the company’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 owned 17,278 shares in the company, valued at approximately $14,591,271. This represents a 5.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 transaction, the director owned 10,149 shares in the company, valued at approximately $9,395,741.22. This trade represents a 16.46% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.73% of the stock is owned by corporate insiders.

Analyst Ratings Changes

EME has been the subject of several recent analyst reports. Zacks Research raised EMCOR Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Wall Street Zen upgraded shares of EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Stifel Nicolaus set a $918.00 price target on shares of EMCOR Group in a research report on Thursday, April 30th. UBS Group increased their price target on shares of EMCOR Group from $975.00 to $1,065.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Finally, Oppenheimer boosted their price objective on shares of EMCOR Group from $1,100.00 to $1,200.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, EMCOR Group has a consensus rating of “Moderate Buy” and a consensus price target of $898.75.

EMCOR Group Stock Up 0.3%

EME opened at $822.38 on Thursday. EMCOR Group, Inc. has a 12-month low of $564.92 and a 12-month high of $951.96. The business has a 50 day moving average of $799.04 and a 200-day moving average of $791.85. The stock has a market cap of $36.28 billion, a price-to-earnings ratio of 25.58 and a beta of 1.14.

EMCOR Group (NYSE:EME) last posted its quarterly earnings results on Thursday, July 30th. The construction company reported $9.06 earnings per share for the quarter, beating analysts’ consensus estimates of $7.23 by $1.83. EMCOR Group had a return on equity of 35.49% and a net margin of 7.74%.The business had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $4.71 billion. During the same quarter in the prior year, the business earned $6.72 EPS. 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 32.000-33.250 EPS. As a group, analysts expect that EMCOR Group, Inc. will post 32.91 earnings per share for the current year.

EMCOR Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th were given a $0.40 dividend. The ex-dividend date of this dividend was Wednesday, July 15th. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio is presently 4.98%.

EMCOR Group 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.