EMCOR Group, Inc. $EME is Corbyn Investment Management Inc. MD’s Largest Position

Corbyn Investment Management Inc. MD cut its holdings in EMCOR Group, Inc. (NYSE:EME) by 13.0% during the 1st quarter, HoldingsChannel.com reports. The fund owned 26,524 shares of the construction company’s stock after selling 3,966 shares during the period. EMCOR Group makes up 6.5% of Corbyn Investment Management Inc. MD’s investment portfolio, making the stock its largest position. Corbyn Investment Management Inc. MD’s holdings in EMCOR Group were worth $19,583,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Swiss RE Ltd. bought a new stake in shares of EMCOR Group in the 4th quarter worth $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in shares of EMCOR Group during the fourth quarter valued at $26,000. Ascentis Independent Advisors bought a new position in shares of EMCOR Group during the first quarter valued at $27,000. Zions Bancorporation National Association UT purchased a new stake in shares of EMCOR Group during the fourth quarter valued at $28,000. Finally, Activest Wealth Management boosted its position in shares of EMCOR Group by 800.0% during the fourth quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock valued at $33,000 after buying an additional 48 shares during the last quarter. 92.59% of the stock is currently owned by hedge funds and other institutional investors.

EMCOR Group Price Performance

Shares of EME opened at $774.63 on Monday. The firm has a market capitalization of $34.42 billion, a P/E ratio of 25.99 and a beta of 1.13. EMCOR Group, Inc. has a one year low of $532.25 and a one year high of $951.96. The business has a fifty day moving average of $854.23 and a 200 day moving average of $770.23.

EMCOR Group (NYSE:EME) last posted its earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share for the quarter, beating analysts’ consensus estimates of $5.90 by $0.94. The company had revenue of $4.63 billion for the quarter, compared to the consensus estimate 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 was up 19.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. Analysts expect that EMCOR Group, Inc. will post 29.37 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Wednesday, July 15th. EMCOR Group’s dividend payout ratio is 5.37%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on EME shares. Stifel Nicolaus set a $918.00 price objective on EMCOR Group in a report on Thursday, April 30th. Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a research note on Monday, April 20th. Zacks Research raised shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Finally, Oppenheimer began coverage on shares of EMCOR Group in a research report on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $871.25.

Insider Buying and Selling

In other EMCOR Group news, Director Carol P. Lowe sold 950 shares of the 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 trade represents a 5.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William P. Reid sold 2,000 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $925.78, for a total transaction of $1,851,560.00. Following the completion of the transaction, the director owned 10,149 shares in the company, valued at $9,395,741.22. The trade was a 16.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 10,027 shares of company stock valued at $8,957,466 in the last 90 days. 1.26% of the stock is owned by insiders.

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.