EMCOR Group, Inc. $EME Shares Sold by CCM Investment Advisers LLC

CCM Investment Advisers LLC decreased its stake in shares of EMCOR Group, Inc. (NYSE:EME) by 31.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,686 shares of the construction company’s stock after selling 2,596 shares during the period. CCM Investment Advisers LLC’s holdings in EMCOR Group were worth $3,479,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of EME. Tilia Fiduciary Partners Inc. raised its stake in EMCOR Group by 1.8% during the fourth quarter. Tilia Fiduciary Partners Inc. now owns 4,105 shares of the construction company’s stock valued at $2,511,000 after buying an additional 72 shares in the last quarter. Czech National Bank grew its position in shares of EMCOR Group by 3.7% in the 4th quarter. Czech National Bank now owns 11,803 shares of the construction company’s stock worth $7,221,000 after acquiring an additional 425 shares in the last quarter. Curated Wealth Partners LLC increased its holdings in shares of EMCOR Group by 32.8% in the 4th quarter. Curated Wealth Partners LLC now owns 886 shares of the construction company’s stock valued at $542,000 after acquiring an additional 219 shares during the last quarter. DAVENPORT & Co LLC increased its holdings in shares of EMCOR Group by 10.3% in the 4th quarter. DAVENPORT & Co LLC now owns 1,737 shares of the construction company’s stock valued at $1,063,000 after acquiring an additional 162 shares during the last quarter. Finally, Legacy Wealth Asset Management LLC raised its position in shares of EMCOR Group by 4.4% during the 4th quarter. Legacy Wealth Asset Management LLC now owns 934 shares of the construction company’s stock valued at $571,000 after acquiring an additional 39 shares in the last quarter. 92.59% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently issued reports on EME. DA Davidson raised their price objective on EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. UBS Group increased their target price 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. Stifel Nicolaus raised their price target on shares of EMCOR Group from $754.00 to $814.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Robert W. Baird lifted their price target on shares of EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Finally, Cantor Fitzgerald initiated coverage on shares of EMCOR Group in a research report on Tuesday, March 10th. They set an “overweight” rating and a $848.00 price objective for the company. Nine analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $784.43.

EMCOR Group Price Performance

NYSE:EME opened at $762.70 on Thursday. EMCOR Group, Inc. has a 12-month low of $320.89 and a 12-month high of $835.00. The firm has a market capitalization of $33.97 billion, a P/E ratio of 27.02 and a beta of 1.16. The business has a 50 day simple moving average of $742.61 and a 200 day simple moving average of $678.71.

EMCOR Group (NYSE:EME) last issued its earnings results on Thursday, February 26th. The construction company reported $7.19 earnings per share for the quarter, topping the consensus estimate of $6.68 by $0.51. The firm had revenue of $4.51 billion for the quarter, compared to analyst estimates of $4.28 billion. EMCOR Group had a return on equity of 35.89% and a net margin of 7.49%.The firm’s revenue for the quarter was up 19.7% on a year-over-year basis. During the same period last year, the company earned $6.32 earnings per share. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. Research analysts anticipate that EMCOR Group, Inc. will post 20.74 EPS for the current fiscal year.

EMCOR Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 14th were issued a $0.40 dividend. This is a boost from EMCOR Group’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Wednesday, January 14th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio is 5.67%.

EMCOR Group announced that its Board of Directors has approved a stock repurchase plan on Thursday, December 18th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the construction company to reacquire up to 1.9% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

Insider Buying and Selling at EMCOR Group

In related news, CEO Anthony Guzzi sold 36,000 shares of EMCOR Group stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $729.48, for a total value of $26,261,280.00. Following the sale, the chief executive officer directly owned 170,299 shares in the company, valued at $124,229,714.52. This trade represents a 17.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.83% of the stock is currently owned by company insiders.

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.