Clark Capital Management Group Inc. Has $115 Million Stock Holdings in EMCOR Group, Inc. $EME

Key Points

• Clark Capital Management Group reduced its stake in EMCOR by 5.6%, now owning 177,043 shares worth about $115 million, making EME the firm's 29th-largest position.
• CEO Anthony Guzzi sold 36,000 shares at an average of $729.48 for roughly $26.26 million, cutting his holding by 17.45% to 170,299 shares.
• EMCOR beat quarterly estimates (EPS $7.19 vs. $6.68; revenue $4.51B), set FY2026 guidance of 27.25–29.25 EPS, launched a $500 million buyback and raised its dividend, while analysts have raised price targets to a consensus of about $784 with a "Moderate Buy" rating.

Clark Capital Management Group Inc. decreased its stake in EMCOR Group, Inc. (NYSE:EME - Free Report) by 5.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 177,043 shares of the construction company's stock after selling 10,490 shares during the period. EMCOR Group accounts for approximately 0.7% of Clark Capital Management Group Inc.'s holdings, making the stock its 29th largest position. Clark Capital Management Group Inc. owned approximately 0.40% of EMCOR Group worth $114,997,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Main Street Group LTD raised its holdings in EMCOR Group by 110.0% during the third quarter. Main Street Group LTD now owns 42 shares of the construction company's stock worth $27,000 after acquiring an additional 22 shares in the last quarter. Quent Capital LLC acquired a new position in shares of EMCOR Group during the 3rd quarter worth approximately $29,000. Orion Capital Management LLC acquired a new position in shares of EMCOR Group during the 3rd quarter worth approximately $31,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of EMCOR Group during the 2nd quarter worth approximately $43,000. Finally, True Wealth Design LLC raised its stake in shares of EMCOR Group by 333.3% during the 3rd quarter. True Wealth Design LLC now owns 91 shares of the construction company's stock worth $59,000 after purchasing an additional 70 shares in the last quarter. Institutional investors and hedge funds own 92.59% of the company's stock.

Insider Activity

In related news, CEO Anthony Guzzi sold 36,000 shares of EMCOR Group stock in a transaction dated 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 of the company's stock, valued at approximately $124,229,714.52. The trade was a 17.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.83% of the company's stock.

Analyst Ratings Changes

EME has been the subject of several analyst reports. Stifel Nicolaus raised their target price on shares of EMCOR Group from $754.00 to $814.00 and gave the company a "buy" rating in a research note on Monday, March 2nd. DA Davidson upped their price target on shares of EMCOR Group from $800.00 to $900.00 and gave the stock a "buy" rating in a research report on Friday, February 27th. Weiss Ratings reiterated a "buy (b)" rating on shares of EMCOR Group in a research note on Wednesday, January 21st. Cantor Fitzgerald initiated coverage on shares of EMCOR Group in a research report on Tuesday, March 10th. They issued an "overweight" rating and a $848.00 price objective for the company. Finally, Robert W. Baird boosted their price objective on shares of EMCOR Group from $713.00 to $808.00 and gave the stock an "outperform" rating in a research note on Friday, February 27th. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $784.43.

EMCOR Group Trading Up 0.0%

EME stock opened at $710.78 on Friday. The firm has a market capitalization of $31.65 billion, a PE ratio of 25.18 and a beta of 1.16. EMCOR Group, Inc. has a 1-year low of $320.89 and a 1-year high of $835.00. The business's 50 day simple moving average is $728.25 and its 200 day simple moving average is $672.17.

EMCOR Group (NYSE:EME - Get Free Report) last announced its quarterly earnings results on Thursday, February 26th. The construction company reported $7.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.68 by $0.51. EMCOR Group had a return on equity of 35.89% and a net margin of 7.49%.The business had revenue of $4.51 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same quarter last year, the firm posted $6.32 EPS. The company's quarterly revenue was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. As a group, sell-side analysts predict that EMCOR Group, Inc. will post 20.74 EPS for the current fiscal year.

EMCOR Group announced that its Board of Directors has initiated a stock buyback program on Thursday, December 18th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the construction company to repurchase up to 1.9% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its stock is undervalued.

EMCOR Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 14th were paid a dividend of $0.40 per share. The ex-dividend date was Wednesday, January 14th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. This is a boost from EMCOR Group's previous quarterly dividend of $0.25. EMCOR Group's dividend payout ratio is 5.67%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.