Sterling Capital Management LLC Has $801,000 Stock Position in EMCOR Group, Inc. $EME

Sterling Capital Management LLC cut its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 40.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,085 shares of the construction company’s stock after selling 740 shares during the period. Sterling Capital Management LLC’s holdings in EMCOR Group were worth $801,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of EME. PAX Financial Group LLC grew its position in EMCOR Group by 3.6% in the fourth quarter. PAX Financial Group LLC now owns 404 shares of the construction company’s stock valued at $247,000 after acquiring an additional 14 shares during the last quarter. Austin Private Wealth LLC lifted its holdings in shares of EMCOR Group by 3.6% in the fourth quarter. Austin Private Wealth LLC now owns 437 shares of the construction company’s stock worth $267,000 after acquiring an additional 15 shares during the last quarter. First National Bank of Hutchinson lifted its holdings in shares of EMCOR Group by 0.9% in the fourth quarter. First National Bank of Hutchinson now owns 1,614 shares of the construction company’s stock worth $987,000 after acquiring an additional 15 shares during the last quarter. Advisors Capital Management LLC boosted its stake in shares of EMCOR Group by 3.4% in the 4th quarter. Advisors Capital Management LLC now owns 450 shares of the construction company’s stock valued at $275,000 after purchasing an additional 15 shares in the last quarter. Finally, KPP Advisory Services LLC grew its holdings in shares of EMCOR Group by 3.9% during the 4th quarter. KPP Advisory Services LLC now owns 399 shares of the construction company’s stock valued at $244,000 after purchasing an additional 15 shares during the last quarter. Institutional investors and hedge funds own 92.59% of the company’s stock.

Insider Buying and Selling at EMCOR Group

In other EMCOR Group news, Director Steven Schwarzwaelder sold 5,602 shares of the company’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $895.19, for a total value of $5,014,854.38. Following the sale, the director owned 15,875 shares in the company, valued at approximately $14,211,141.25. The trade was a 26.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director William P. Reid sold 2,000 shares of the stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $925.78, for a total value of $1,851,560.00. Following the completion of the sale, the director directly owned 10,149 shares of the company’s stock, valued at approximately $9,395,741.22. The trade was a 16.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 10,027 shares of company stock worth $8,957,466 over the last 90 days. Company insiders own 0.83% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Cantor Fitzgerald reissued an “overweight” rating and issued a $1,123.00 price objective on shares of EMCOR Group in a research note on Tuesday, June 16th. Oppenheimer began 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. Wall Street Zen upgraded EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Stifel Nicolaus set a $918.00 price objective on EMCOR Group in a report on Thursday, April 30th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a report on Monday, April 20th. Eight research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, EMCOR Group has a consensus rating of “Moderate Buy” and an average target price of $871.25.

EMCOR Group Price Performance

EME opened at $804.81 on Thursday. EMCOR Group, Inc. has a fifty-two week low of $529.04 and a fifty-two week high of $951.96. The firm has a market capitalization of $35.77 billion, a price-to-earnings ratio of 27.00 and a beta of 1.13. The company’s 50 day moving average price is $857.16 and its two-hundred day moving average price is $768.10.

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

EMCOR Group Announces Dividend

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 dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Wednesday, July 15th. EMCOR Group’s dividend payout ratio (DPR) is currently 5.37%.

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.