Savant Capital LLC Lowers Holdings in EMCOR Group, Inc. $EME

Savant Capital LLC lowered its holdings in EMCOR Group, Inc. (NYSE:EME) by 86.2% in the 4th quarter, Holdings Channel reports. The firm owned 1,212 shares of the construction company’s stock after selling 7,585 shares during the period. Savant Capital LLC’s holdings in EMCOR Group were worth $742,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of EMCOR Group in the fourth quarter worth $26,000. Main Street Group LTD grew its holdings in EMCOR Group by 110.0% during the third quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock valued at $27,000 after purchasing an additional 22 shares during the period. Activest Wealth Management grew its holdings in EMCOR Group by 800.0% during 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 during the period. Richardson Financial Services Inc. grew its holdings in EMCOR Group by 71.9% during the fourth quarter. Richardson Financial Services Inc. now owns 55 shares of the construction company’s stock valued at $34,000 after purchasing an additional 23 shares during the period. Finally, Elyxium Wealth LLC purchased a new position in shares of EMCOR Group in the fourth quarter valued at about $37,000. Hedge funds and other institutional investors own 92.59% of the company’s stock.

Insider Transactions at EMCOR Group

In related 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 transaction, the chief financial officer 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 Securities & Exchange Commission, which is available through the SEC website. Also, Director Steven Schwarzwaelder sold 5,602 shares of the stock in a transaction that occurred on 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 completion of the transaction, the director directly owned 15,875 shares in the company, valued at approximately $14,211,141.25. This trade represents a 26.08% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 45,077 shares of company stock valued at $34,416,471. Company insiders own 1.26% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Stifel Nicolaus set a $918.00 price objective on EMCOR Group in a research report on Thursday, April 30th. Zacks Research downgraded EMCOR Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Cantor Fitzgerald assumed coverage on EMCOR Group in a research report on Tuesday, March 10th. They set an “overweight” rating and a $848.00 price objective on the stock. Oppenheimer assumed coverage on EMCOR Group in a research report on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 price objective on the stock. Finally, Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a research report on Monday, April 20th. Ten analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, EMCOR Group presently has an average rating of “Moderate Buy” and a consensus target price of $836.88.

EMCOR Group Stock Performance

Shares of NYSE EME opened at $827.59 on Wednesday. The business’s 50 day moving average price is $830.90 and its 200-day moving average price is $734.89. EMCOR Group, Inc. has a fifty-two week low of $455.14 and a fifty-two week high of $951.96. The company has a market cap of $36.78 billion, a price-to-earnings ratio of 27.76 and a beta of 1.12.

EMCOR Group (NYSE:EME) last issued its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share for the quarter, topping the consensus estimate of $5.90 by $0.94. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The firm had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $4.20 billion. During the same period in the prior year, the business posted $5.41 earnings per share. The company’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. Sell-side analysts predict that EMCOR Group, Inc. will post 28.84 earnings per share for the current year.

EMCOR Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Thursday, April 16th. EMCOR Group’s dividend payout ratio is presently 5.37%.

About EMCOR Group

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.