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

Key Points

• Corbyn Investment Management trimmed its stake in EMCOR by 7.3% to 30,490 shares but the stock remains its largest holding at 5.4% of the firm's portfolio, valued at about $18.65 million.
• CEO Anthony Guzzi sold 36,000 shares at an average price of $729.48 (roughly $26.26 million), reducing his ownership by 17.45% though he still holds 170,299 shares.
• EMCOR beat quarterly EPS and revenue, raised FY2026 guidance (27.25–29.25 EPS), announced a $500 million buyback and a higher quarterly dividend ($0.40), while analysts maintain a "Moderate Buy" consensus with an average target near $784.

Corbyn Investment Management Inc. MD cut its position in EMCOR Group, Inc. (NYSE:EME - Free Report) by 7.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 30,490 shares of the construction company's stock after selling 2,392 shares during the quarter. EMCOR Group makes up 5.4% of Corbyn Investment Management Inc. MD's investment portfolio, making the stock its biggest holding. Corbyn Investment Management Inc. MD owned about 0.07% of EMCOR Group worth $18,653,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Main Street Group LTD lifted its stake in EMCOR Group by 110.0% in the third quarter. Main Street Group LTD now owns 42 shares of the construction company's stock valued at $27,000 after buying an additional 22 shares during the last quarter. Quent Capital LLC purchased a new position in shares of EMCOR Group during the third quarter worth approximately $29,000. Orion Capital Management LLC purchased a new position in shares of EMCOR Group during the third quarter worth approximately $31,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of EMCOR Group in the 2nd quarter valued at $43,000. Finally, True Wealth Design LLC raised its position in EMCOR Group by 333.3% in the 3rd quarter. True Wealth Design LLC now owns 91 shares of the construction company's stock valued at $59,000 after purchasing an additional 70 shares during the last quarter. Hedge funds and other institutional investors own 92.59% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. UBS Group increased their price target on shares of EMCOR Group from $900.00 to $945.00 and gave the stock a "buy" rating in a research note on Friday, March 6th. Cantor Fitzgerald began coverage on shares of EMCOR Group in a research note on Tuesday, March 10th. They issued an "overweight" rating and a $848.00 price objective on the stock. Robert W. Baird upped their target price on shares of EMCOR Group from $713.00 to $808.00 and gave the company an "outperform" rating in a 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. Finally, Stifel Nicolaus raised their price target on EMCOR Group from $754.00 to $814.00 and gave the stock a "buy" rating in a report on Monday, March 2nd. Nine analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $784.43.

Insider Transactions at EMCOR Group

In related news, CEO Anthony Guzzi sold 36,000 shares of the firm's stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $729.48, for a total value of $26,261,280.00. Following the completion of the sale, the chief executive officer owned 170,299 shares in the company, valued at $124,229,714.52. This trade represents a 17.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.83% of the stock is owned by corporate insiders.

EMCOR Group Price Performance

Shares of NYSE EME opened at $723.92 on Friday. The stock has a fifty day moving average price of $743.45 and a 200 day moving average price of $679.03. EMCOR Group, Inc. has a 1-year low of $320.89 and a 1-year high of $835.00. The company has a market cap of $32.24 billion, a PE ratio of 25.64 and a beta of 1.16.

EMCOR Group (NYSE:EME - Get Free Report) last announced its quarterly earnings data 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. The company had revenue of $4.51 billion for the quarter, compared to analysts' expectations of $4.28 billion. EMCOR Group had a net margin of 7.49% and a return on equity of 35.89%. EMCOR Group's revenue was up 19.7% compared to the same quarter last year. During the same period in the previous year, the company posted $6.32 EPS. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. Analysts anticipate that EMCOR Group, Inc. will post 20.74 earnings per share for the current fiscal year.

EMCOR Group Increases Dividend

The company also recently declared 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. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. This is a positive change from EMCOR Group's previous quarterly dividend of $0.25. The ex-dividend date was Wednesday, January 14th. EMCOR Group's dividend payout ratio (DPR) is presently 5.67%.

EMCOR Group declared that its Board of Directors has initiated a share repurchase program on Thursday, December 18th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the construction company to repurchase up to 1.9% of its shares through open market purchases. Shares buyback programs are often an indication that the company's management believes its stock is undervalued.

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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