EMCOR Group, Inc. $EME Stock Position Lessened by TimesSquare Capital Management LLC

TimesSquare Capital Management LLC lessened its stake in shares of EMCOR Group, Inc. (NYSE:EME) by 5.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 250,641 shares of the construction company’s stock after selling 13,596 shares during the quarter. EMCOR Group comprises about 2.3% of TimesSquare Capital Management LLC’s investment portfolio, making the stock its 2nd biggest holding. TimesSquare Capital Management LLC’s holdings in EMCOR Group were worth $153,340,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in EME. Barnes Dennig Private Wealth Management LLC bought a new position in shares of EMCOR Group in the 4th quarter worth approximately $26,000. Main Street Group LTD lifted its stake in shares of EMCOR Group by 110.0% in the 3rd quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock worth $27,000 after purchasing an additional 22 shares during the period. Orion Capital Management LLC bought a new position in shares of EMCOR Group in the 3rd quarter worth approximately $31,000. Activest Wealth Management lifted its stake in shares of EMCOR Group by 800.0% in the 4th 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 period. Finally, Richardson Financial Services Inc. lifted its stake in shares of EMCOR Group by 71.9% in the 4th quarter. Richardson Financial Services Inc. now owns 55 shares of the construction company’s stock worth $34,000 after purchasing an additional 23 shares during the period. Hedge funds and other institutional investors own 92.59% of the company’s stock.

Insider Activity

In other news, Director Steven Schwarzwaelder sold 5,602 shares of EMCOR Group 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 sale, the director owned 15,875 shares in the company, valued at $14,211,141.25. This trade represents a 26.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Robert Peter Lind sold 675 shares of EMCOR Group stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $894.27, for a total transaction of $603,632.25. Following the sale, the vice president owned 4,216 shares in the company, valued at approximately $3,770,242.32. The trade was a 13.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 45,077 shares of company stock valued at $34,416,471. Company insiders own 0.83% of the company’s stock.

EMCOR Group Trading Down 4.1%

NYSE EME opened at $875.56 on Tuesday. EMCOR Group, Inc. has a 12 month low of $450.68 and a 12 month high of $951.96. The stock has a market cap of $38.91 billion, a price-to-earnings ratio of 29.37 and a beta of 1.17. The company’s 50 day moving average is $806.06 and its two-hundred day moving average is $722.39.

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 company had revenue of $4.63 billion for 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 firm’s revenue was up 19.7% compared to the same quarter last year. During the same quarter last year, the business earned $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. Sell-side analysts forecast that EMCOR Group, Inc. will post 28.67 EPS for the current year.

EMCOR Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were given a dividend of $0.40 per share. The ex-dividend date was Thursday, April 16th. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio (DPR) is presently 5.37%.

Wall Street Analysts Forecast Growth

EME has been the topic of several recent research reports. Robert W. Baird increased their price objective on shares of EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a research note on Friday, February 27th. Stifel Nicolaus set a $918.00 price objective on shares of EMCOR Group in a research note on Thursday, April 30th. Cantor Fitzgerald initiated coverage on shares of EMCOR Group in a research note on Tuesday, March 10th. They issued an “overweight” rating and a $848.00 price objective on the stock. UBS Group increased their price objective on shares of EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Finally, Zacks Research upgraded shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $799.29.

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.