EMCOR Group, Inc. $EME Stock Position Lowered by Hahn Capital Management LLC

Hahn Capital Management LLC lessened its stake in EMCOR Group, Inc. (NYSE:EME) by 17.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,345 shares of the construction company’s stock after selling 1,924 shares during the period. EMCOR Group comprises about 4.3% of Hahn Capital Management LLC’s holdings, making the stock its 7th largest holding. Hahn Capital Management LLC’s holdings in EMCOR Group were worth $6,900,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Great Lakes Advisors LLC grew its position in EMCOR Group by 32.3% during the 1st quarter. Great Lakes Advisors LLC now owns 590 shares of the construction company’s stock worth $218,000 after acquiring an additional 144 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in EMCOR Group by 93.0% in the first quarter. Geneos Wealth Management Inc. now owns 220 shares of the construction company’s stock valued at $81,000 after purchasing an additional 106 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of EMCOR Group during the second quarter valued at approximately $459,000. Baird Financial Group Inc. boosted its stake in shares of EMCOR Group by 5.0% during the second quarter. Baird Financial Group Inc. now owns 5,820 shares of the construction company’s stock valued at $3,113,000 after purchasing an additional 275 shares during the period. Finally, Bank of Nova Scotia grew its holdings 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 during the last quarter. 92.59% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at EMCOR Group

In other EMCOR Group news, Director Carol P. Lowe sold 950 shares of the firm’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $844.50, for a total transaction of $802,275.00. Following the completion of the transaction, the director owned 17,278 shares of the company’s stock, valued at approximately $14,591,271. This trade represents a 5.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director William P. Reid sold 2,000 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $925.78, for a total transaction of $1,851,560.00. Following the sale, the director owned 10,149 shares in the company, valued at approximately $9,395,741.22. This trade represents a 16.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 10,027 shares of company stock valued at $8,957,466 over the last ninety days. Insiders own 0.83% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on EME shares. Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Zacks Research raised shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a research report on Monday, April 20th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $1,123.00 price objective on shares of EMCOR Group in a research note on Tuesday, June 16th. Finally, Stifel Nicolaus set a $918.00 target price on shares of EMCOR Group in a report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $871.25.

EMCOR Group Trading Down 0.4%

Shares of EME opened at $741.30 on Monday. EMCOR Group, Inc. has a 1-year low of $540.00 and a 1-year high of $951.96. The firm’s 50-day moving average price is $829.21 and its 200-day moving average price is $780.76. The firm has a market capitalization of $32.94 billion, a price-to-earnings ratio of 24.87 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 (EPS) for the quarter, topping analysts’ consensus estimates of $5.90 by $0.94. The company 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%. EMCOR Group’s revenue was up 19.7% on a year-over-year basis. During the same period in the prior year, the firm earned $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, research analysts forecast that EMCOR Group, Inc. will post 29.37 EPS for the current fiscal year.

EMCOR Group Announces Dividend

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

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.