Securian Asset Management Inc. Sells 917 Shares of EMCOR Group, Inc. $EME

Securian Asset Management Inc. reduced its position in EMCOR Group, Inc. (NYSE:EME) by 42.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,257 shares of the construction company’s stock after selling 917 shares during the period. Securian Asset Management Inc.’s holdings in EMCOR Group were worth $769,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Barnes Dennig Private Wealth Management LLC bought a new stake in EMCOR Group in the 4th quarter worth approximately $26,000. Main Street Group LTD boosted its position in shares of EMCOR Group by 110.0% during the 3rd quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock valued at $27,000 after acquiring an additional 22 shares during the last quarter. Quent Capital LLC purchased a new position in shares of EMCOR Group in the third quarter valued at $29,000. Orion Capital Management LLC bought a new stake in EMCOR Group in the third quarter worth $31,000. Finally, Activest Wealth Management increased its position in EMCOR Group by 800.0% in the fourth quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock worth $33,000 after purchasing an additional 48 shares during the last quarter. 92.59% of the stock is owned by institutional investors.

EMCOR Group Stock Down 0.2%

NYSE EME opened at $923.10 on Thursday. EMCOR Group, Inc. has a 52 week low of $450.68 and a 52 week high of $951.96. The firm has a market capitalization of $41.02 billion, a price-to-earnings ratio of 30.97 and a beta of 1.17. The company has a fifty day moving average of $795.57 and a two-hundred day moving average of $719.12.

EMCOR Group (NYSE:EME) last announced 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. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The business had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $4.20 billion. During the same quarter in the prior year, the firm posted $5.41 earnings per share. The business’s revenue for the quarter was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. Equities research analysts anticipate that EMCOR Group, Inc. will post 28.67 EPS for the current year.

EMCOR Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were paid 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 currently 5.37%.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Wall Street Zen upgraded shares of EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Robert W. Baird upped their target price on shares of EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. DA Davidson increased their price target on shares of EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a report on Friday, February 27th. Zacks Research upgraded EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. Finally, Cantor Fitzgerald started coverage on EMCOR Group in a research note on Tuesday, March 10th. They set an “overweight” rating and a $848.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, EMCOR Group presently has a consensus rating of “Moderate Buy” and an average price target of $799.29.

Insider Transactions at EMCOR Group

In related news, Director Steven Schwarzwaelder sold 5,602 shares of the firm’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 of the company’s stock, valued at approximately $14,211,141.25. This trade represents a 26.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Jason R. Nalbandian sold 800 shares of the stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $856.43, for a total value of $685,144.00. Following the completion of the sale, the chief financial officer owned 18,157 shares in the company, valued at approximately $15,550,199.51. The trade was a 4.22% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 45,077 shares of company stock valued at $34,416,471. Company 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.