Ilmarinen Mutual Pension Insurance Co Takes Position in EMCOR Group, Inc. $EME

Ilmarinen Mutual Pension Insurance Co acquired a new stake in EMCOR Group, Inc. (NYSE:EME) in the 4th quarter, Holdings Channel.com reports. The fund acquired 5,000 shares of the construction company’s stock, valued at approximately $3,059,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Intech Investment Management LLC increased its holdings in EMCOR Group by 316.6% in the fourth quarter. Intech Investment Management LLC now owns 18,887 shares of the construction company’s stock valued at $11,555,000 after purchasing an additional 14,353 shares during the period. Huntington National Bank increased its holdings in EMCOR Group by 125.3% in the fourth quarter. Huntington National Bank now owns 187 shares of the construction company’s stock valued at $114,000 after purchasing an additional 104 shares during the period. Geode Capital Management LLC increased its holdings in EMCOR Group by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 1,425,523 shares of the construction company’s stock valued at $869,343,000 after purchasing an additional 7,790 shares during the period. Flputnam Investment Management Co. acquired a new stake in EMCOR Group in the fourth quarter valued at $8,936,000. Finally, Kestra Investment Management LLC increased its holdings in EMCOR Group by 6.1% in the fourth quarter. Kestra Investment Management LLC now owns 2,708 shares of the construction company’s stock valued at $1,657,000 after purchasing an additional 156 shares during the period. 92.59% of the stock is currently owned by institutional investors and hedge funds.

EMCOR Group Trading Down 2.7%

Shares of EMCOR Group stock opened at $825.34 on Friday. The business has a 50-day moving average price of $829.32 and a two-hundred day moving average price of $733.01. EMCOR Group, Inc. has a 1-year low of $455.14 and a 1-year high of $951.96. The company has a market cap of $36.68 billion, a P/E ratio of 27.69 and a beta of 1.17.

EMCOR Group (NYSE:EME) last announced its quarterly earnings data on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, topping the consensus estimate of $5.90 by $0.94. The company 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 quarterly revenue was up 19.7% on a year-over-year basis. During the same quarter last year, the firm posted $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. Equities research analysts forecast that EMCOR Group, Inc. will post 28.67 EPS for the current fiscal year.

EMCOR Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, April 16th. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio (DPR) is 5.37%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. Wall Street Zen upgraded EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Cantor Fitzgerald started coverage on shares of EMCOR Group in a research report on Tuesday, March 10th. They set an “overweight” rating and a $848.00 target price for the company. Zacks Research downgraded shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Oppenheimer started coverage on shares of EMCOR Group in a research report on Thursday. They set an “outperform” rating and a $1,100.00 target price for the company. Finally, UBS Group increased their target price on shares of EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Ten equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $836.88.

Insider Activity at EMCOR Group

In other news, VP Robert Peter Lind sold 675 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $894.27, for a total transaction of $603,632.25. Following the completion of the sale, the vice president owned 4,216 shares of the company’s stock, valued at $3,770,242.32. This trade represents a 13.80% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director William P. Reid sold 2,000 shares of the firm’s 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 owned 10,149 shares of the company’s stock, valued at approximately $9,395,741.22. This represents a 16.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 45,077 shares of company stock worth $34,416,471. Corporate insiders own 0.83% of the company’s stock.

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.