Lansforsakringar Fondforvaltning AB publ Boosts Stock Holdings in EMCOR Group, Inc. $EME

Lansforsakringar Fondforvaltning AB publ grew its position in EMCOR Group, Inc. (NYSE:EME) by 12.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,005 shares of the construction company’s stock after purchasing an additional 1,237 shares during the period. Lansforsakringar Fondforvaltning AB publ’s holdings in EMCOR Group were worth $8,125,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. PAX Financial Group LLC boosted its position in EMCOR Group by 3.6% in the 4th quarter. PAX Financial Group LLC now owns 404 shares of the construction company’s stock valued at $247,000 after buying an additional 14 shares during the last quarter. Austin Private Wealth LLC grew its position in shares of EMCOR Group by 3.6% during the fourth quarter. Austin Private Wealth LLC now owns 437 shares of the construction company’s stock worth $267,000 after buying an additional 15 shares in the last quarter. First National Bank of Hutchinson grew its position in shares of EMCOR Group by 0.9% during the fourth quarter. First National Bank of Hutchinson now owns 1,614 shares of the construction company’s stock worth $987,000 after buying an additional 15 shares in the last quarter. Advisors Capital Management LLC increased its stake in shares of EMCOR Group by 3.4% in the fourth quarter. Advisors Capital Management LLC now owns 450 shares of the construction company’s stock worth $275,000 after buying an additional 15 shares during the last quarter. Finally, KPP Advisory Services LLC raised its holdings in EMCOR Group by 3.9% in the fourth quarter. KPP Advisory Services LLC now owns 399 shares of the construction company’s stock valued at $244,000 after acquiring an additional 15 shares in the last quarter. 92.59% of the stock is owned by hedge funds and other institutional investors.

EMCOR Group Trading Down 3.0%

NYSE EME opened at $804.81 on Thursday. The company has a 50-day moving average price of $857.16 and a two-hundred day moving average price of $768.10. EMCOR Group, Inc. has a 52 week low of $529.04 and a 52 week high of $951.96. The stock has a market cap of $35.77 billion, a price-to-earnings ratio of 27.00 and a beta of 1.13.

EMCOR Group (NYSE:EME) last released its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share for the quarter, beating analysts’ consensus estimates of $5.90 by $0.94. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The company had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $4.20 billion. During the same quarter in the previous year, the company posted $5.41 earnings per share. The business’s revenue for the quarter 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. As a group, equities research analysts expect that EMCOR Group, Inc. will post 29.37 earnings per share for the current fiscal year.

EMCOR Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Wednesday, July 15th. EMCOR Group’s payout ratio is currently 5.37%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Stifel Nicolaus set a $918.00 target price on shares of EMCOR Group in a research report on Thursday, April 30th. UBS Group boosted their price objective on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a report on Friday, March 6th. Oppenheimer initiated coverage on EMCOR Group in a report on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 target price on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a report on Monday, April 20th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $1,123.00 price objective on shares of EMCOR Group in a research note on Tuesday, June 16th. Eight research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, EMCOR Group presently has an average rating of “Moderate Buy” and an average target price of $871.25.

Insiders Place Their Bets

In other EMCOR Group news, Director Carol P. Lowe sold 950 shares of the business’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total transaction of $802,275.00. Following the sale, the director directly owned 17,278 shares in the company, valued at approximately $14,591,271. The trade was a 5.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Steven Schwarzwaelder sold 5,602 shares of the firm’s stock in a transaction that occurred on 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 transaction, the director owned 15,875 shares in the company, valued at $14,211,141.25. This represents a 26.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 10,027 shares of company stock valued at $8,957,466. Corporate 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.