Victory Capital Management Inc. Grows Holdings in EMCOR Group, Inc. $EME

Victory Capital Management Inc. increased its position in shares of EMCOR Group, Inc. (NYSE:EME) by 34.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,276,966 shares of the construction company’s stock after buying an additional 327,606 shares during the period. Victory Capital Management Inc.’s holdings in EMCOR Group were worth $781,239,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Swiss RE Ltd. purchased a new stake in EMCOR Group during the 4th quarter worth $25,000. Main Street Group LTD increased its stake in EMCOR Group by 110.0% during the 3rd quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock worth $27,000 after buying an additional 22 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new stake in EMCOR Group during the 4th quarter worth $26,000. Zions Bancorporation National Association UT purchased a new stake in EMCOR Group during the 4th quarter worth $28,000. Finally, Activest Wealth Management increased its stake in EMCOR Group by 800.0% during the 4th quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock worth $33,000 after buying an additional 48 shares during the period. Hedge funds and other institutional investors own 92.59% of the company’s stock.

EMCOR Group Stock Performance

NYSE EME opened at $822.27 on Friday. EMCOR Group, Inc. has a one year low of $470.02 and a one year high of $951.96. The company has a 50-day simple moving average of $845.67 and a 200-day simple moving average of $747.35. The firm has a market capitalization of $36.54 billion, a PE ratio of 27.58 and a beta of 1.12.

EMCOR Group (NYSE:EME) last posted its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 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 analyst estimates of $4.20 billion. During the same period in the previous year, the business posted $5.41 EPS. The company’s quarterly revenue 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 analysts forecast that EMCOR Group, Inc. will post 29.22 earnings per share for the current year.

EMCOR Group Dividend Announcement

The firm also recently declared 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 of this dividend was Thursday, April 16th. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. EMCOR Group’s payout ratio is 5.37%.

Wall Street Analyst Weigh In

EME has been the topic of several analyst reports. UBS Group lifted their price target 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. Stifel Nicolaus set a $918.00 target price on shares of EMCOR Group in a research report on Thursday, April 30th. DA Davidson boosted their target price on shares of EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. Cantor Fitzgerald initiated coverage on shares of EMCOR Group in a research report on Tuesday, March 10th. They issued an “overweight” rating and a $848.00 target price for the company. Finally, Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Ten research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $836.88.

Insider Buying and Selling at EMCOR Group

In other news, Director Steven Schwarzwaelder sold 5,602 shares of EMCOR Group stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $895.19, for a total value of $5,014,854.38. Following the completion of the transaction, the director directly owned 15,875 shares of the company’s stock, valued at approximately $14,211,141.25. The trade was a 26.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Jason R. Nalbandian sold 800 shares of EMCOR Group stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $856.43, for a total transaction of $685,144.00. Following the completion of the transaction, the chief financial officer directly owned 18,157 shares of the company’s stock, valued at $15,550,199.51. This trade represents a 4.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 9,077 shares of company stock valued at $8,155,191. Corporate insiders own 0.83% of the company’s stock.

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.