Jackson Creek Investment Advisors LLC Cuts Position in EMCOR Group, Inc. $EME

Key Points

• Jackson Creek Investment Advisors cut its EMCOR Group position by 81.1% in the fourth quarter, selling 4,007 shares and leaving it with 931 shares worth about $570,000.
• EMCOR posted stronger-than-expected quarterly results, with EPS of $6.84 versus $5.90 expected and revenue of $4.63 billion versus $4.20 billion expected; revenue rose 19.7% from a year earlier.
• Analyst sentiment remains generally positive, with nine Buy ratings and four Hold ratings, and a consensus price target of $799.29 despite some recent insider selling and mixed rating changes.

Jackson Creek Investment Advisors LLC trimmed its position in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) by 81.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 931 shares of the construction company's stock after selling 4,007 shares during the period. Jackson Creek Investment Advisors LLC's holdings in EMCOR Group were worth $570,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Kestra Investment Management LLC increased its stake in shares of EMCOR Group by 6.1% during the fourth quarter. Kestra Investment Management LLC now owns 2,708 shares of the construction company's stock worth $1,657,000 after buying an additional 156 shares during the period. Harbour Investments Inc. boosted its holdings in EMCOR Group by 79.7% in the fourth quarter. Harbour Investments Inc. now owns 363 shares of the construction company's stock valued at $222,000 after purchasing an additional 161 shares in the last quarter. Allstate Corp boosted its holdings in EMCOR Group by 105.9% in the fourth quarter. Allstate Corp now owns 3,303 shares of the construction company's stock valued at $2,021,000 after purchasing an additional 1,699 shares in the last quarter. Sandy Cove Advisors LLC acquired a new position in EMCOR Group in the fourth quarter valued at approximately $551,000. Finally, Swedbank AB boosted its holdings in EMCOR Group by 0.8% in the fourth quarter. Swedbank AB now owns 217,473 shares of the construction company's stock valued at $133,048,000 after purchasing an additional 1,783 shares in the last quarter. 92.59% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently issued reports on EME shares. Robert W. Baird upped their price target on EMCOR Group from $713.00 to $808.00 and gave the company an "outperform" rating in a report on Friday, February 27th. Wall Street Zen raised EMCOR Group from a "hold" rating to a "buy" rating in a report on Saturday, May 2nd. Stifel Nicolaus set a $918.00 price target on EMCOR Group in a report on Thursday, April 30th. Zacks Research downgraded EMCOR Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday. Finally, DA Davidson upped their price target on EMCOR Group from $800.00 to $900.00 and gave the company a "buy" rating in a report on Friday, February 27th. Nine investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $799.29.

Insiders Place Their Bets

In other news, CEO Anthony Guzzi sold 36,000 shares of the stock in a transaction that occurred on Thursday, March 5th. The stock was 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 directly owned 170,299 shares of the company's stock, valued at approximately $124,229,714.52. This represents a 17.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Robert Peter Lind sold 675 shares of the stock in a transaction that occurred 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. The trade was a 13.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 45,077 shares of company stock valued at $34,416,471. 0.83% of the stock is owned by insiders.

EMCOR Group Stock Down 0.5%

Shares of EME opened at $856.94 on Thursday. The company has a market capitalization of $38.08 billion, a price-to-earnings ratio of 28.75 and a beta of 1.17. EMCOR Group, Inc. has a 52-week low of $455.14 and a 52-week high of $951.96. The stock has a 50 day moving average price of $825.21 and a 200 day moving average price of $730.95.

EMCOR Group (NYSE:EME - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The construction company reported $6.84 earnings per share for the quarter, beating the consensus estimate of $5.90 by $0.94. The business had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.20 billion. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The company's revenue was up 19.7% compared to the same quarter last year. During the same period in the prior year, the company earned $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, equities analysts anticipate that EMCOR Group, Inc. will post 28.67 EPS for the current fiscal year.

EMCOR Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Thursday, April 16th. 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.

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