Baer Investment Advisory LLC Cuts Position in EMCOR Group, Inc. $EME

Baer Investment Advisory LLC decreased its stake in EMCOR Group, Inc. (NYSE:EME) by 93.1% in the 1st quarter, Holdings Channel reports. The firm owned 584 shares of the construction company’s stock after selling 7,855 shares during the quarter. Baer Investment Advisory LLC’s holdings in EMCOR Group were worth $431,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Great Lakes Advisors LLC increased its holdings in EMCOR Group by 32.3% in the first quarter. Great Lakes Advisors LLC now owns 590 shares of the construction company’s stock valued at $218,000 after buying an additional 144 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in EMCOR Group by 93.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 220 shares of the construction company’s stock valued at $81,000 after purchasing an additional 106 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in EMCOR Group in the 2nd quarter valued at approximately $459,000. Baird Financial Group Inc. raised its holdings in EMCOR Group by 5.0% during the second quarter. Baird Financial Group Inc. now owns 5,820 shares of the construction company’s stock worth $3,113,000 after purchasing an additional 275 shares during the last quarter. Finally, Bank of Nova Scotia raised its holdings in EMCOR Group by 406.1% during the second quarter. Bank of Nova Scotia now owns 4,565 shares of the construction company’s stock worth $2,442,000 after purchasing an additional 3,663 shares during the last quarter. Hedge funds and other institutional investors own 92.59% of the company’s stock.

Insider Buying and Selling at EMCOR Group

In related news, Director Steven Schwarzwaelder sold 5,602 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The shares were 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 of the company’s stock, valued at approximately $14,211,141.25. This trade represents a 26.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director William P. Reid sold 2,000 shares of the company’s 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 transaction, the director directly owned 10,149 shares of the company’s stock, valued at $9,395,741.22. This trade represents a 16.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 10,027 shares of company stock worth $8,957,466. 0.83% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have weighed in on EME. Zacks Research raised EMCOR Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Stifel Nicolaus set a $918.00 price target on EMCOR Group in a research note on Thursday, April 30th. Wall Street Zen upgraded shares of EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research note on Monday, April 20th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $1,123.00 target price on shares of EMCOR Group in a report on Tuesday, June 16th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $871.25.

EMCOR Group Price Performance

Shares of NYSE EME opened at $774.63 on Friday. The company has a 50-day simple moving average of $854.23 and a 200-day simple moving average of $769.21. The company has a market cap of $34.42 billion, a PE ratio of 25.99 and a beta of 1.13. EMCOR Group, Inc. has a 12 month low of $532.25 and a 12 month high of $951.96.

EMCOR Group (NYSE:EME) last announced its earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $4.63 billion for the quarter, compared to analyst estimates of $4.20 billion. During the same quarter last year, the business earned $5.41 earnings per share. EMCOR Group’s revenue was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, analysts anticipate that EMCOR Group, Inc. will post 29.37 EPS for the current year.

EMCOR Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be 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 is Wednesday, July 15th. EMCOR Group’s dividend payout ratio is presently 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.