BNP Paribas Financial Markets Has $27.46 Million Stake in EMCOR Group, Inc. $EME

BNP Paribas Financial Markets decreased its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 23.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 44,876 shares of the construction company’s stock after selling 14,009 shares during the quarter. BNP Paribas Financial Markets’ holdings in EMCOR Group were worth $27,455,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of EME. Barnes Dennig Private Wealth Management LLC acquired a new position in EMCOR Group during the fourth quarter worth about $26,000. Main Street Group LTD raised its stake in EMCOR Group by 110.0% during the third quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock worth $27,000 after acquiring an additional 22 shares in the last quarter. Activest Wealth Management raised its stake in EMCOR Group by 800.0% during the fourth quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock worth $33,000 after acquiring an additional 48 shares in the last quarter. Richardson Financial Services Inc. raised its stake in EMCOR Group by 71.9% during the fourth quarter. Richardson Financial Services Inc. now owns 55 shares of the construction company’s stock worth $34,000 after acquiring an additional 23 shares in the last quarter. Finally, Elyxium Wealth LLC acquired a new position in EMCOR Group during the fourth quarter worth about $37,000. Institutional investors and hedge funds own 92.59% of the company’s stock.

Insider Transactions at EMCOR Group

In related news, Director Steven Schwarzwaelder sold 5,602 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $895.19, for a total value of $5,014,854.38. Following the sale, the director directly owned 15,875 shares in the company, valued at $14,211,141.25. This represents a 26.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Robert Peter Lind sold 675 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $894.27, for a total value of $603,632.25. Following the completion of the sale, the vice president owned 4,216 shares in the company, valued at $3,770,242.32. The trade was a 13.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 9,077 shares of company stock valued at $8,155,191. 0.83% of the stock is currently owned by company insiders.

Analyst Ratings Changes

EME has been the subject of several research analyst reports. DA Davidson boosted their target price on EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research note on Monday, April 20th. Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Robert W. Baird boosted their target price on EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a research note on Friday, February 27th. Finally, Oppenheimer started coverage on EMCOR Group in a report on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 price target on the stock. Ten analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, EMCOR Group has an average rating of “Moderate Buy” and an average target price of $836.88.

EMCOR Group Trading Up 1.0%

NYSE:EME opened at $847.53 on Friday. The stock has a market cap of $37.66 billion, a P/E ratio of 28.43 and a beta of 1.12. The stock’s 50-day moving average is $836.52 and its 200-day moving average is $739.35. EMCOR Group, Inc. has a 1-year low of $455.14 and a 1-year high of $951.96.

EMCOR Group (NYSE:EME) last released its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share for the quarter, topping the consensus estimate 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 return on equity of 35.19% and a net margin of 7.54%.The business’s quarterly revenue was up 19.7% compared to the same quarter last year. During the same period in the previous year, the business posted $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, equities analysts forecast that EMCOR Group, Inc. will post 28.84 EPS for the current year.

EMCOR Group Dividend Announcement

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

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.