4,825 Shares in EMCOR Group, Inc. $EME Purchased by Hel Ved Capital Management Ltd

Hel Ved Capital Management Ltd bought a new position in EMCOR Group, Inc. (NYSE:EMEFree Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,825 shares of the construction company’s stock, valued at approximately $2,952,000.

Several other large investors also recently modified their holdings of EME. Vanguard Group Inc. grew its stake in shares of EMCOR Group by 17.6% in the third quarter. Vanguard Group Inc. now owns 5,332,636 shares of the construction company’s stock worth $3,463,760,000 after purchasing an additional 798,975 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of EMCOR Group by 132,234.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 669,611 shares of the construction company’s stock worth $409,661,000 after purchasing an additional 669,105 shares during the last quarter. Norges Bank bought a new stake in shares of EMCOR Group in the fourth quarter worth about $389,702,000. Bank of Montreal Can grew its stake in shares of EMCOR Group by 425.8% in the fourth quarter. Bank of Montreal Can now owns 560,477 shares of the construction company’s stock worth $342,894,000 after purchasing an additional 453,876 shares during the last quarter. Finally, Victory Capital Management Inc. grew its stake in shares of EMCOR Group by 48.8% in the third quarter. Victory Capital Management Inc. now owns 949,360 shares of the construction company’s stock worth $572,351,000 after purchasing an additional 311,474 shares during the last quarter. 92.59% of the stock is owned by institutional investors.

Insider Buying and Selling at EMCOR Group

In other news, CFO Jason R. Nalbandian sold 800 shares of EMCOR Group stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $856.43, for a total transaction of $685,144.00. Following the completion of the transaction, the chief financial officer directly owned 18,157 shares in the company, valued at approximately $15,550,199.51. This trade represents a 4.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Robert Peter Lind sold 675 shares of EMCOR Group 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 transaction, the vice president owned 4,216 shares of the company’s stock, valued at $3,770,242.32. The trade was a 13.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 9,077 shares of company stock valued at $8,155,191 over the last ninety days. Company insiders own 0.83% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Zacks Research lowered shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 26th. Cantor Fitzgerald assumed coverage on shares of EMCOR Group in a report on Tuesday, March 10th. They issued an “overweight” rating and a $848.00 price objective for the company. UBS Group raised their price objective on shares of EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Oppenheimer assumed coverage on shares of EMCOR Group in a report on Thursday, May 28th. They issued an “outperform” rating and a $1,100.00 price objective for the company. Finally, Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a report on Monday, April 20th. Ten equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $836.88.

Read Our Latest Report on EMCOR Group

EMCOR Group Price Performance

Shares of EME opened at $822.27 on Friday. EMCOR Group, Inc. has a one year low of $470.02 and a one year high of $951.96. The company has a 50-day simple moving average of $845.67 and a two-hundred day simple moving average of $747.35. The firm has a market capitalization of $36.54 billion, a PE ratio of 27.58 and a beta of 1.12.

EMCOR Group (NYSE:EMEGet Free Report) last issued 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. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The business had revenue of $4.63 billion during the quarter, compared to analyst estimates of $4.20 billion. During the same period last year, the business posted $5.41 earnings per share. EMCOR Group’s quarterly revenue was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. Analysts expect that EMCOR Group, Inc. will post 29.22 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

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 dividend of $0.40 per share. 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 (DPR) is presently 5.37%.

EMCOR Group Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for EMCOR Group (NYSE:EME)

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