Gotham Asset Management LLC Raises Position in EMCOR Group, Inc. $EME

Gotham Asset Management LLC lifted its position in shares of EMCOR Group, Inc. (NYSE:EME) by 12.8% during the fourth quarter, HoldingsChannel reports. The fund owned 68,605 shares of the construction company’s stock after acquiring an additional 7,802 shares during the quarter. Gotham Asset Management LLC’s holdings in EMCOR Group were worth $41,972,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Evolve Private Wealth LLC acquired a new position in EMCOR Group during the 4th quarter worth approximately $2,160,000. Cinctive Capital Management LP acquired a new stake in shares of EMCOR Group in the 4th quarter valued at approximately $3,071,000. ClearAlpha Technologies LP purchased a new stake in shares of EMCOR Group in the fourth quarter valued at approximately $253,000. Clearline Capital LP acquired a new position in EMCOR Group during the fourth quarter worth $2,070,000. Finally, Balyasny Asset Management L.P. grew its holdings in EMCOR Group by 1,155.7% during the fourth quarter. Balyasny Asset Management L.P. now owns 19,815 shares of the construction company’s stock worth $12,123,000 after acquiring an additional 18,237 shares during the period. 92.59% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

EME has been the subject of a number of recent analyst reports. Zacks Research downgraded EMCOR Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 26th. Stifel Nicolaus set a $918.00 price target on shares of EMCOR Group in a report on Thursday, April 30th. UBS Group boosted 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 initiated coverage on shares of EMCOR Group in a research report on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 target price on the stock. Finally, Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Ten investment analysts have rated the stock with a Buy rating and four have issued 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 a consensus target price of $871.25.

EMCOR Group Stock Down 1.1%

EMCOR Group stock opened at $825.65 on Thursday. The firm has a market capitalization of $36.69 billion, a PE ratio of 27.70 and a beta of 1.12. EMCOR Group, Inc. has a 52 week low of $478.16 and a 52 week high of $951.96. The firm’s 50-day simple moving average is $850.25 and its 200 day simple moving average is $753.10.

EMCOR Group (NYSE:EME) last posted 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. The firm had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.20 billion. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The firm’s revenue for the quarter was up 19.7% on a year-over-year basis. During the same period last year, the firm posted $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, research analysts expect that EMCOR Group, Inc. will post 29.22 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

The business 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 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Thursday, April 16th. EMCOR Group’s payout ratio is 5.37%.

Insider Buying and Selling

In related news, Director William P. Reid sold 2,000 shares of the business’s stock in a transaction dated 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 completion of the transaction, the director owned 10,149 shares of the company’s stock, valued at approximately $9,395,741.22. The trade was a 16.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Steven Schwarzwaelder sold 5,602 shares of the company’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $895.19, for a total transaction of $5,014,854.38. Following the completion of the transaction, the director owned 15,875 shares in the company, valued at approximately $14,211,141.25. This trade represents a 26.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 9,077 shares of company stock valued at $8,155,191 over the last three months. Insiders own 0.83% of the company’s stock.

EMCOR Group Company 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.