EMCOR Group, Inc. $EME Shares Sold by Genus Capital Management Inc.

Genus Capital Management Inc. trimmed its position in shares of EMCOR Group, Inc. (NYSE:EME) by 71.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,057 shares of the construction company’s stock after selling 10,253 shares during the period. Genus Capital Management Inc.’s holdings in EMCOR Group were worth $2,482,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in EMCOR Group by 17.6% during the third quarter. Vanguard Group Inc. now owns 5,332,636 shares of the construction company’s stock worth $3,463,760,000 after purchasing an additional 798,975 shares in the last quarter. State Street Corp lifted its stake in EMCOR Group by 15.2% during the third quarter. State Street Corp now owns 1,852,991 shares of the construction company’s stock worth $1,203,592,000 after purchasing an additional 244,494 shares in the last quarter. Victory Capital Management Inc. raised its stake in shares of EMCOR Group by 48.8% in the third quarter. Victory Capital Management Inc. now owns 949,360 shares of the construction company’s stock valued at $572,351,000 after acquiring an additional 311,474 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of EMCOR Group by 132,234.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 669,611 shares of the construction company’s stock valued at $409,661,000 after acquiring an additional 669,105 shares in the last quarter. Finally, AQR Capital Management LLC raised its stake in shares of EMCOR Group by 0.9% in the third quarter. AQR Capital Management LLC now owns 627,507 shares of the construction company’s stock valued at $405,295,000 after acquiring an additional 5,488 shares in the last quarter. 92.59% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

EME has been the topic of several analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a research note on Monday, April 20th. Cantor Fitzgerald initiated coverage on EMCOR Group in a research note on Tuesday, March 10th. They issued an “overweight” rating and a $848.00 price objective on the stock. Robert W. Baird increased their price objective on EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a research note on Friday, February 27th. Stifel Nicolaus set a $918.00 price objective on EMCOR Group in a research note on Thursday, April 30th. Finally, Zacks Research upgraded EMCOR Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th. One investment 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 stock. Based on data from MarketBeat, EMCOR Group has an average rating of “Moderate Buy” and an average price target of $799.29.

EMCOR Group Trading Down 0.1%

Shares of NYSE EME opened at $848.33 on Monday. The stock has a market cap of $37.70 billion, a P/E ratio of 28.46 and a beta of 1.17. EMCOR Group, Inc. has a 12-month low of $450.68 and a 12-month high of $951.96. The business’s fifty day simple moving average is $816.81 and its 200-day simple moving average is $726.83.

EMCOR Group (NYSE:EME) last posted its 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. The firm had revenue of $4.63 billion for the quarter, compared to analyst estimates of $4.20 billion. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.EMCOR Group’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, equities analysts forecast that EMCOR Group, Inc. will post 28.67 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Thursday, April 16th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Thursday, April 16th. EMCOR Group’s dividend payout ratio is 5.37%.

Insider Transactions at EMCOR Group

In related news, 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 transaction, the chief financial officer owned 18,157 shares of the company’s stock, valued at $15,550,199.51. This represents a 4.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director William P. Reid sold 2,000 shares of the stock in a transaction on Monday, May 11th. The shares were sold at an average price of $925.78, for a total value of $1,851,560.00. Following the completion of the transaction, the director directly owned 10,149 shares in the company, valued at $9,395,741.22. This trade represents a 16.46% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 45,077 shares of company stock valued at $34,416,471 over the last ninety days. 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.