Adams Diversified Equity Fund Inc. Sells 6,200 Shares of EMCOR Group, Inc. $EME

Adams Diversified Equity Fund Inc. lowered its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 22.1% in the 1st quarter, HoldingsChannel.com reports. The firm owned 21,800 shares of the construction company’s stock after selling 6,200 shares during the period. Adams Diversified Equity Fund Inc.’s holdings in EMCOR Group were worth $16,095,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its stake in EMCOR Group by 132,234.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 669,611 shares of the construction company’s stock worth $409,661,000 after purchasing an additional 669,105 shares during the period. Norges Bank bought a new stake in EMCOR Group in the 4th quarter valued at $389,702,000. Bank of Montreal Can increased its holdings in EMCOR Group by 425.8% in the 4th quarter. Bank of Montreal Can now owns 560,477 shares of the construction company’s stock valued at $342,894,000 after acquiring an additional 453,876 shares during the last quarter. Victory Capital Management Inc. lifted its stake in EMCOR Group by 34.5% in the 4th quarter. Victory Capital Management Inc. now owns 1,276,966 shares of the construction company’s stock worth $781,239,000 after purchasing an additional 327,606 shares in the last quarter. Finally, Earnest Partners LLC bought a new position in shares of EMCOR Group during the 4th quarter valued at about $156,714,000. Institutional investors own 92.59% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Cantor Fitzgerald restated an “overweight” rating and set a $1,123.00 price objective on shares of EMCOR Group in a research report on Tuesday, June 16th. Stifel Nicolaus set a $918.00 target price on EMCOR Group in a research report on Thursday, April 30th. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research note on Monday, April 20th. Zacks Research cut EMCOR Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 26th. Finally, Oppenheimer initiated coverage on EMCOR Group in a research note on Thursday, May 28th. They issued an “outperform” rating and a $1,100.00 price objective on the stock. Eight investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $871.25.

EMCOR Group Stock Down 7.2%

EME stock opened at $800.67 on Friday. EMCOR Group, Inc. has a twelve month low of $516.91 and a twelve month high of $951.96. The stock has a market capitalization of $35.58 billion, a price-to-earnings ratio of 26.86 and a beta of 1.12. The firm’s fifty day simple moving average is $856.74 and its two-hundred day simple moving average is $763.19.

EMCOR Group (NYSE:EME) last released its earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $4.63 billion during the quarter, compared to analyst estimates of $4.20 billion. During the same quarter last year, the business earned $5.41 EPS. The business’s 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. As a group, equities research analysts expect that EMCOR Group, Inc. will post 29.37 EPS for the current year.

EMCOR Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th were paid a $0.40 dividend. The ex-dividend date of this dividend was Thursday, April 16th. This represents a $1.60 annualized dividend and a yield of 0.2%. EMCOR Group’s dividend payout ratio (DPR) is presently 5.37%.

Insider Buying and Selling at EMCOR Group

In other EMCOR Group news, Director Steven Schwarzwaelder sold 5,602 shares of the business’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 transaction of $5,014,854.38. Following the completion of the transaction, the director owned 15,875 shares in the company, valued at $14,211,141.25. The trade was a 26.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Carol P. Lowe sold 950 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total value of $802,275.00. Following the transaction, the director directly owned 17,278 shares in the company, valued at approximately $14,591,271. This represents a 5.21% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 10,027 shares of company stock valued at $8,957,466. 0.83% of the stock is owned by company insiders.

EMCOR Group 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.