Banque Cantonale Vaudoise Cuts Stake in EMCOR Group, Inc. $EME

Banque Cantonale Vaudoise reduced its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 69.1% during the first quarter, Holdings Channel reports. The fund owned 2,923 shares of the construction company’s stock after selling 6,542 shares during the period. Banque Cantonale Vaudoise’s holdings in EMCOR Group were worth $2,158,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in EME. Swiss RE Ltd. purchased a new stake in EMCOR Group during the fourth quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of EMCOR Group in the fourth quarter worth about $26,000. Zions Bancorporation National Association UT purchased a new stake in EMCOR Group during the 4th quarter valued at about $28,000. Activest Wealth Management grew its position in EMCOR Group by 800.0% during the 4th quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock worth $33,000 after acquiring an additional 48 shares during the last quarter. Finally, Richardson Financial Services Inc. grew its position in EMCOR Group by 71.9% during the 4th quarter. Richardson Financial Services Inc. now owns 55 shares of the construction company’s stock worth $34,000 after acquiring an additional 23 shares during the last quarter. 92.59% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director William P. Reid sold 2,000 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $925.78, for a total transaction of $1,851,560.00. Following the sale, the director owned 10,149 shares in the company, valued at $9,395,741.22. This represents a 16.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, 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 sale, the vice president directly 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. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 10,027 shares of company stock valued at $8,957,466. 0.83% of the stock is owned by company insiders.

EMCOR Group Stock Performance

EME stock opened at $800.67 on Friday. The firm has a 50 day moving average price of $856.74 and a 200-day moving average price of $763.19. EMCOR Group, Inc. has a 52-week low of $516.91 and a 52-week high of $951.96. The firm has a market capitalization of $35.58 billion, a price-to-earnings ratio of 26.86 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, beating the consensus estimate of $5.90 by $0.94. The firm had revenue of $4.63 billion during the quarter, compared to the consensus estimate 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 was up 19.7% on a year-over-year basis. During the same period last year, the company earned $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, sell-side analysts forecast that EMCOR Group, Inc. will post 29.37 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

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

Analysts Set New Price Targets

Several brokerages have weighed in on EME. Wall Street Zen upgraded EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Zacks Research downgraded shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 26th. Cantor Fitzgerald reiterated an “overweight” rating and set a $1,123.00 price target on shares of EMCOR Group in a report on Tuesday, June 16th. Oppenheimer assumed coverage on shares of EMCOR Group in a research report on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 price target for the company. Finally, Stifel Nicolaus set a $918.00 price target on shares of EMCOR Group in a report on Thursday, April 30th. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $871.25.

EMCOR Group 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.