Allianz Asset Management GmbH Increases Holdings in EMCOR Group, Inc. $EME

Allianz Asset Management GmbH boosted its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 27.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 210,186 shares of the construction company’s stock after purchasing an additional 45,695 shares during the period. Allianz Asset Management GmbH’s holdings in EMCOR Group were worth $128,590,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of EME. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of EMCOR Group during the 4th quarter valued at about $26,000. Main Street Group LTD boosted its stake in shares of EMCOR Group by 110.0% during the 3rd quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock valued at $27,000 after purchasing an additional 22 shares in the last quarter. Activest Wealth Management boosted its stake in shares of EMCOR Group by 800.0% during the 4th quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock valued at $33,000 after purchasing an additional 48 shares in the last quarter. Richardson Financial Services Inc. boosted its stake in shares of EMCOR Group by 71.9% during the 4th quarter. Richardson Financial Services Inc. now owns 55 shares of the construction company’s stock valued at $34,000 after purchasing an additional 23 shares in the last quarter. Finally, Elyxium Wealth LLC bought a new stake in shares of EMCOR Group during the 4th quarter valued at about $37,000. Hedge funds and other institutional investors own 92.59% of the company’s stock.

EMCOR Group Stock Down 6.1%

EME opened at $776.96 on Thursday. The firm has a 50 day moving average price of $842.94 and a 200-day moving average price of $745.19. EMCOR Group, Inc. has a twelve month low of $464.21 and a twelve month high of $951.96. The stock has a market capitalization of $34.53 billion, a price-to-earnings ratio of 26.06 and a beta of 1.12.

EMCOR Group (NYSE:EME) last announced its earnings results on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $4.20 billion. During the same period in the prior year, the company earned $5.41 earnings per share. The firm’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, analysts expect that EMCOR Group, Inc. will post 29.22 earnings per share for the current year.

EMCOR Group Announces Dividend

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

Insider Buying and Selling at EMCOR Group

In other news, VP Robert Peter Lind sold 675 shares of the stock in a transaction 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 directly owned 4,216 shares of the company’s stock, valued at $3,770,242.32. This represents a 13.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director William P. Reid sold 2,000 shares of the stock in a transaction 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 sale, the director directly owned 10,149 shares of the company’s stock, valued at approximately $9,395,741.22. This trade represents a 16.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 9,077 shares of company stock valued at $8,155,191 in the last ninety days. Corporate insiders own 0.83% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on EME shares. Cantor Fitzgerald started coverage on shares of EMCOR Group in a research note on Tuesday, March 10th. They set an “overweight” rating and a $848.00 target price on the stock. Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. UBS Group lifted their target price on shares of EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Zacks Research cut shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research report on Monday, April 20th. Ten equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, EMCOR Group presently has an average rating of “Moderate Buy” and an average target price of $836.88.

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.