Sovereign s Capital Management LLC Lowers Position in EMCOR Group, Inc. $EME

Sovereign s Capital Management LLC decreased its position in shares of EMCOR Group, Inc. (NYSE:EME) by 59.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 758 shares of the construction company’s stock after selling 1,113 shares during the quarter. Sovereign s Capital Management LLC’s holdings in EMCOR Group were worth $464,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

Several equities research analysts have recently issued reports on EME shares. Zacks Research lowered shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 26th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $1,123.00 price target on shares of EMCOR Group in a report on Tuesday. Oppenheimer started coverage on EMCOR Group in a research report on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 price target on the stock. Robert W. Baird raised their price objective on EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Finally, UBS Group boosted their price objective on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Ten analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $871.25.

EMCOR Group Stock Down 1.0%

Shares of NYSE EME opened at $834.13 on Wednesday. The company’s 50-day simple moving average is $848.88 and its 200-day simple moving average is $751.59. EMCOR Group, Inc. has a 52-week low of $478.16 and a 52-week high of $951.96. The firm has a market cap of $37.07 billion, a price-to-earnings ratio of 27.98 and a beta of 1.12.

EMCOR Group (NYSE:EME) last released its earnings results on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, topping analysts’ consensus estimates of $5.90 by $0.94. The business had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $4.20 billion. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The company’s quarterly revenue was up 19.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. Equities research analysts anticipate that EMCOR Group, Inc. will post 29.22 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

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 dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, April 16th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio is presently 5.37%.

Insider Transactions at EMCOR Group

In related news, Director Steven Schwarzwaelder sold 5,602 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $895.19, for a total transaction of $5,014,854.38. Following the completion of the sale, the director directly owned 15,875 shares in the company, valued at approximately $14,211,141.25. The trade was a 26.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Jason R. Nalbandian sold 800 shares of the stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $856.43, for a total value of $685,144.00. Following the completion of the transaction, the chief financial officer directly owned 18,157 shares of the company’s stock, valued at approximately $15,550,199.51. This represents a 4.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 9,077 shares of company stock worth $8,155,191 over the last three months. 1.26% of the stock is owned by insiders.

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.