Oddo BHF Asset Management Sas Grows Holdings in EMCOR Group, Inc. $EME

Oddo BHF Asset Management Sas increased its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 10.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 53,335 shares of the construction company’s stock after buying an additional 5,096 shares during the period. EMCOR Group comprises 1.2% of Oddo BHF Asset Management Sas’ investment portfolio, making the stock its 18th largest holding. Oddo BHF Asset Management Sas’ holdings in EMCOR Group were worth $32,630,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. L2 Asset Management LLC increased its stake in EMCOR Group by 25.4% during the 4th quarter. L2 Asset Management LLC now owns 976 shares of the construction company’s stock worth $597,000 after buying an additional 198 shares during the period. OMERS ADMINISTRATION Corp increased its stake in EMCOR Group by 7.5% during the 4th quarter. OMERS ADMINISTRATION Corp now owns 3,533 shares of the construction company’s stock worth $2,161,000 after buying an additional 248 shares during the period. Verition Fund Management LLC increased its stake in EMCOR Group by 54.4% during the 4th quarter. Verition Fund Management LLC now owns 40,273 shares of the construction company’s stock worth $24,639,000 after buying an additional 14,186 shares during the period. MML Investors Services LLC increased its stake in EMCOR Group by 21.2% during the 4th quarter. MML Investors Services LLC now owns 17,692 shares of the construction company’s stock worth $10,824,000 after buying an additional 3,097 shares during the period. Finally, Mariner LLC increased its stake in EMCOR Group by 39.9% during the 4th quarter. Mariner LLC now owns 24,494 shares of the construction company’s stock worth $14,997,000 after buying an additional 6,991 shares during the period. 92.59% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

EME has been the topic of several recent research reports. Oppenheimer initiated coverage on shares of EMCOR Group in a research note on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 target price on the stock. Stifel Nicolaus set a $918.00 price target on shares of EMCOR Group in a report on Thursday, April 30th. Cantor Fitzgerald initiated coverage on shares of EMCOR Group in a report on Tuesday, March 10th. They set an “overweight” rating and a $848.00 price target for the company. Wall Street Zen upgraded shares of EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, Robert W. Baird boosted their price target on shares of EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a report on Friday, February 27th. Ten investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $836.88.

EMCOR Group Trading Up 2.2%

Shares of EMCOR Group stock opened at $841.12 on Tuesday. The company has a fifty day simple moving average of $847.35 and a 200-day simple moving average of $750.02. EMCOR Group, Inc. has a 12-month low of $478.16 and a 12-month high of $951.96. The stock has a market cap of $37.38 billion, a price-to-earnings ratio of 28.22 and a beta of 1.12.

EMCOR Group (NYSE:EME) last issued its earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) 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 during the quarter, compared to analysts’ expectations of $4.20 billion. During the same quarter in the prior year, the business posted $5.41 EPS. The company’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. On average, analysts forecast that EMCOR Group, Inc. will post 29.22 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were issued a $0.40 dividend. 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 is presently 5.37%.

Insider Activity at EMCOR Group

In related news, Director Steven Schwarzwaelder sold 5,602 shares of the stock in a transaction 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 completion of the sale, the director owned 15,875 shares in the company, valued at $14,211,141.25. This represents a 26.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 transaction of $685,144.00. Following the sale, the chief financial officer owned 18,157 shares of the company’s stock, valued at approximately $15,550,199.51. This represents a 4.22% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 9,077 shares of company stock worth $8,155,191. Corporate insiders own 1.26% 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.