Clark Capital Management Group Inc. Lowers Stake in EMCOR Group, Inc. $EME

Clark Capital Management Group Inc. lowered its stake in shares of EMCOR Group, Inc. (NYSE:EME) by 0.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 176,274 shares of the construction company’s stock after selling 769 shares during the period. Clark Capital Management Group Inc. owned 0.39% of EMCOR Group worth $107,843,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Asahi Life Asset Management CO. LTD. purchased a new stake in shares of EMCOR Group during the 3rd quarter valued at $445,000. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of EMCOR Group by 12.9% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 12,149 shares of the construction company’s stock valued at $7,972,000 after purchasing an additional 1,389 shares during the last quarter. Sierra Summit Advisors LLC purchased a new stake in shares of EMCOR Group during the 3rd quarter valued at $5,459,000. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund lifted its holdings in shares of EMCOR Group by 100.0% during the 3rd quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 3,600 shares of the construction company’s stock valued at $2,338,000 after purchasing an additional 1,800 shares during the last quarter. Finally, North Dakota State Investment Board purchased a new stake in shares of EMCOR Group during the 4th quarter valued at $928,000. Hedge funds and other institutional investors own 92.59% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Oppenheimer assumed coverage on EMCOR Group in a report on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 price objective for the company. DA Davidson increased their price objective on EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a report on Friday, February 27th. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a report on Monday, April 20th. 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 report on Friday, February 27th. Finally, Stifel Nicolaus set a $918.00 price objective on EMCOR Group in a report on Thursday, April 30th. 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 an average price target of $871.25.

Insider Buying and Selling

In other EMCOR Group news, CFO Jason R. Nalbandian sold 800 shares of EMCOR Group stock in a transaction dated Thursday, April 30th. The stock was 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 owned 18,157 shares in the company, valued at approximately $15,550,199.51. This trade represents a 4.22% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Steven Schwarzwaelder sold 5,602 shares of EMCOR Group stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $895.19, for a total value of $5,014,854.38. Following the transaction, the director owned 15,875 shares of the company’s stock, valued at $14,211,141.25. The trade was a 26.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 9,077 shares of company stock worth $8,155,191. Corporate insiders own 1.26% of the company’s stock.

EMCOR Group Price Performance

NYSE EME opened at $834.13 on Wednesday. The stock’s fifty day moving average price is $848.88 and its 200 day moving average price is $751.59. EMCOR Group, Inc. has a 1 year low of $478.16 and a 1 year high of $951.96. The company has a market cap of $37.07 billion, a price-to-earnings ratio of 27.98 and a beta of 1.12.

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 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 firm earned $5.41 EPS. The firm’s revenue was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. Research analysts expect that EMCOR Group, Inc. will post 29.22 earnings per share for the current year.

EMCOR Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th were paid a dividend of $0.40 per share. 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 (DPR) 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.