EMCOR Group, Inc. $EME Stock Holdings Cut by New York State Teachers Retirement System

New York State Teachers Retirement System reduced its position in shares of EMCOR Group, Inc. (NYSE:EME) by 1.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 50,080 shares of the construction company’s stock after selling 969 shares during the quarter. New York State Teachers Retirement System owned about 0.11% of EMCOR Group worth $30,638,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Main Street Group LTD lifted its position in shares of EMCOR Group by 110.0% during the 3rd quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock valued at $27,000 after acquiring an additional 22 shares during the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of EMCOR Group during the 4th quarter valued at $26,000. Quent Capital LLC acquired a new stake in shares of EMCOR Group during the 3rd quarter valued at $29,000. Orion Capital Management LLC acquired a new stake in shares of EMCOR Group during the 3rd quarter valued at $31,000. Finally, Activest Wealth Management lifted its position in shares of EMCOR Group by 800.0% during the 4th quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock valued at $33,000 after acquiring an additional 48 shares during the last quarter. 92.59% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently commented on EME shares. Zacks Research upgraded EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. DA Davidson increased their price objective on EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a research report on Friday, February 27th. Stifel Nicolaus set a $918.00 price objective on EMCOR Group in a research report on Thursday. Robert W. Baird increased their price objective on EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. Finally, Cantor Fitzgerald started coverage on EMCOR Group in a research report on Tuesday, March 10th. They set an “overweight” rating and a $848.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $799.29.

Insider Activity

In other news, CEO Anthony Guzzi sold 36,000 shares of the stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $729.48, for a total value of $26,261,280.00. Following the completion of the sale, the chief executive officer owned 170,299 shares in the company, valued at $124,229,714.52. This represents a 17.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.83% of the stock is owned by insiders.

EMCOR Group Stock Up 1.4%

EME opened at $903.72 on Friday. The stock has a fifty day moving average of $774.16 and a 200-day moving average of $706.83. The firm has a market capitalization of $40.16 billion, a P/E ratio of 30.32 and a beta of 1.17. EMCOR Group, Inc. has a 12-month low of $415.72 and a 12-month high of $905.72.

EMCOR Group (NYSE:EME) last released its earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.90 by $0.94. The company had revenue of $4.63 billion during the quarter, compared to analyst estimates of $4.20 billion. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The company’s revenue for the quarter was up 19.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, analysts expect that EMCOR Group, Inc. will post 28.53 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were issued a $0.40 dividend. The ex-dividend date was Thursday, April 16th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio is presently 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.