HighTower Advisors LLC lifted its holdings in EMCOR Group, Inc. (NYSE:EME – Free Report) by 1.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 38,161 shares of the construction company’s stock after purchasing an additional 596 shares during the quarter. HighTower Advisors LLC owned 0.09% of EMCOR Group worth $23,346,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently modified their holdings of EME. Great Lakes Advisors LLC grew its stake in shares of EMCOR Group by 32.3% in the first quarter. Great Lakes Advisors LLC now owns 590 shares of the construction company’s stock worth $218,000 after purchasing an additional 144 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in shares of EMCOR Group by 93.0% in the first quarter. Geneos Wealth Management Inc. now owns 220 shares of the construction company’s stock worth $81,000 after purchasing an additional 106 shares in the last quarter. Sivia Capital Partners LLC bought a new position in shares of EMCOR Group in the second quarter worth $459,000. Baird Financial Group Inc. grew its stake in shares of EMCOR Group by 5.0% in the second quarter. Baird Financial Group Inc. now owns 5,820 shares of the construction company’s stock worth $3,113,000 after purchasing an additional 275 shares in the last quarter. Finally, Bank of Nova Scotia grew its stake in shares of EMCOR Group by 406.1% in the second quarter. Bank of Nova Scotia now owns 4,565 shares of the construction company’s stock worth $2,442,000 after purchasing an additional 3,663 shares in the last quarter. Institutional investors own 92.59% of the company’s stock.
Insider Buying and Selling at EMCOR Group
In other news, CEO Anthony Guzzi sold 36,000 shares of the company’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $729.48, for a total transaction of $26,261,280.00. Following the completion of the sale, the chief executive officer directly owned 170,299 shares of the company’s stock, valued at $124,229,714.52. This represents a 17.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director William P. Reid sold 2,000 shares of the company’s stock in a transaction on 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 sale, the director directly 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. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 45,077 shares of company stock valued at $34,416,471. Corporate insiders own 0.83% of the company’s stock.
Wall Street Analysts Forecast Growth
Get Our Latest Analysis on EMCOR Group
EMCOR Group Stock Down 0.1%
Shares of EME stock opened at $848.33 on Friday. The stock has a 50-day simple moving average of $816.81 and a 200 day simple moving average of $726.47. EMCOR Group, Inc. has a fifty-two week low of $450.68 and a fifty-two week high of $951.96. The stock has a market capitalization of $37.70 billion, a P/E ratio of 28.46 and a beta of 1.17.
EMCOR Group (NYSE:EME – Get Free Report) last announced its 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. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The business had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $4.20 billion. During the same quarter last year, the business posted $5.41 earnings per share. The company’s quarterly 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. On average, sell-side analysts anticipate that EMCOR Group, Inc. will post 28.67 earnings per share for the current year.
EMCOR Group Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Thursday, April 16th were paid 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 yield of 0.2%. EMCOR Group’s dividend payout ratio (DPR) is currently 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.
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