Schroder Investment Management Group Decreases Stake in EMCOR Group, Inc. $EME

Schroder Investment Management Group cut its position in EMCOR Group, Inc. (NYSE:EME) by 48.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 42,509 shares of the construction company’s stock after selling 39,468 shares during the period. Schroder Investment Management Group owned 0.09% of EMCOR Group worth $27,233,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Asahi Life Asset Management CO. LTD. purchased a new stake in EMCOR Group in the third quarter valued at approximately $445,000. Machina Capital S.A.S. acquired a new stake in shares of EMCOR Group during the third quarter worth about $1,074,000. Donoghue Forlines LLC acquired a new position in EMCOR Group in the 3rd quarter valued at about $2,221,000. Pinnbrook Capital Management LP purchased a new position in shares of EMCOR Group in the 2nd quarter valued at approximately $1,510,000. Finally, B. Riley Wealth Advisors Inc. purchased a new stake in shares of EMCOR Group during the second quarter worth approximately $995,000. Hedge funds and other institutional investors own 92.59% of the company’s stock.

Insider Buying and Selling at EMCOR Group

In other EMCOR Group news, CEO Anthony Guzzi sold 36,000 shares of the stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $729.48, for a total transaction of $26,261,280.00. Following the transaction, the chief executive officer owned 170,299 shares of the company’s stock, valued at $124,229,714.52. This represents a 17.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 0.83% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

EME has been the subject of a number of analyst reports. UBS Group upped their price objective on shares of EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Robert W. Baird upped their price objective on EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a 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. Cantor Fitzgerald began coverage on shares of EMCOR Group in a report on Tuesday. They issued an “overweight” rating and a $848.00 target price for the company. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a report on Wednesday, January 21st. Nine analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $784.43.

EMCOR Group Price Performance

Shares of EMCOR Group stock opened at $709.50 on Friday. The business has a 50 day moving average price of $726.80 and a 200 day moving average price of $671.08. The company has a market capitalization of $31.59 billion, a P/E ratio of 25.13 and a beta of 1.16. EMCOR Group, Inc. has a 1 year low of $320.89 and a 1 year high of $835.00.

EMCOR Group (NYSE:EME) last released its quarterly earnings results on Thursday, February 26th. The construction company reported $7.19 earnings per share for the quarter, topping analysts’ consensus estimates of $6.68 by $0.51. The company had revenue of $4.51 billion during the quarter, compared to analysts’ expectations of $4.28 billion. EMCOR Group had a return on equity of 35.89% and a net margin of 7.49%.The business’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $6.32 earnings per share. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. As a group, research analysts expect that EMCOR Group, Inc. will post 20.74 EPS for the current fiscal year.

EMCOR Group announced that its board has initiated a stock buyback program on Thursday, December 18th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the construction company to repurchase up to 1.9% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board believes its shares are undervalued.

EMCOR Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 14th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. This is an increase from EMCOR Group’s previous quarterly dividend of $0.25. The ex-dividend date was Wednesday, January 14th. EMCOR Group’s dividend payout ratio (DPR) is 5.67%.

About EMCOR Group

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.