Hantz Financial Services Inc. lowered its stake in EMCOR Group, Inc. (NYSE:EME – Free Report) by 14.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,264 shares of the construction company’s stock after selling 3,165 shares during the quarter. Hantz Financial Services Inc.’s holdings in EMCOR Group were worth $11,174,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. Asahi Life Asset Management CO. LTD. bought a new position in EMCOR Group in the third quarter worth approximately $445,000. Machina Capital S.A.S. bought a new position in EMCOR Group in the third quarter worth approximately $1,074,000. Wealth Enhancement Advisory Services LLC raised its position in EMCOR Group by 12.9% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 12,149 shares of the construction company’s stock worth $7,972,000 after acquiring an additional 1,389 shares during the period. Public Sector Pension Investment Board raised its position in EMCOR Group by 18.7% in the third quarter. Public Sector Pension Investment Board now owns 23,982 shares of the construction company’s stock worth $15,577,000 after acquiring an additional 3,783 shares during the period. Finally, Sierra Summit Advisors LLC bought a new position in EMCOR Group in the third quarter worth approximately $5,459,000. 92.59% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In other EMCOR Group news, VP Robert Peter Lind sold 675 shares of EMCOR Group 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 sale, the vice president directly owned 4,216 shares in the company, valued at approximately $3,770,242.32. The trade was a 13.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Anthony Guzzi sold 36,000 shares of EMCOR Group stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $729.48, for a total transaction of $26,261,280.00. Following the completion of the sale, the chief executive officer owned 170,299 shares in the company, valued at approximately $124,229,714.52. This represents a 17.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 45,077 shares of company stock worth $34,416,471 in the last 90 days. 0.83% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
Read Our Latest Report on EMCOR Group
EMCOR Group Stock Performance
Shares of NYSE EME opened at $848.33 on Monday. The company has a market cap of $37.70 billion, a P/E ratio of 28.46 and a beta of 1.17. The firm’s fifty day moving average is $816.81 and its two-hundred day moving average is $726.83. EMCOR Group, Inc. has a 52-week low of $450.68 and a 52-week high of $951.96.
EMCOR Group (NYSE:EME – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) 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 net margin of 7.54% and a return on equity of 35.19%. EMCOR Group’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, analysts forecast that EMCOR Group, Inc. will post 28.67 EPS for the current fiscal year.
EMCOR Group Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Thursday, April 16th. EMCOR Group’s payout ratio is currently 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.
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