United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Raises Stock Holdings in EMCOR Group, Inc. $EME

Key Points

• United Super Pty Ltd sharply increased its EMCOR Group stake by 779.9% in the fourth quarter, ending with 31,676 shares valued at about $19.4 million.
• EMCOR reported a strong quarter, with EPS of $6.84 versus the $5.90 consensus and revenue of $4.63 billion, up 19.7% year over year.
• Despite the positive results, insider selling continued: CEO Anthony Guzzi and director William P. Reid sold shares, while analysts remain broadly bullish with a Moderate Buy consensus and price targets as high as $1,100.

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund increased its stake in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) by 779.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,676 shares of the construction company's stock after purchasing an additional 28,076 shares during the quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund owned approximately 0.07% of EMCOR Group worth $19,379,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Ilmarinen Mutual Pension Insurance Co purchased a new stake in shares of EMCOR Group during the 4th quarter worth $3,059,000. Intech Investment Management LLC grew its holdings in EMCOR Group by 316.6% in the fourth quarter. Intech Investment Management LLC now owns 18,887 shares of the construction company's stock worth $11,555,000 after purchasing an additional 14,353 shares during the last quarter. Huntington National Bank grew its holdings in EMCOR Group by 125.3% in the fourth quarter. Huntington National Bank now owns 187 shares of the construction company's stock worth $114,000 after purchasing an additional 104 shares during the last quarter. Geode Capital Management LLC grew its holdings in EMCOR Group by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 1,425,523 shares of the construction company's stock worth $869,343,000 after purchasing an additional 7,790 shares during the last quarter. Finally, Flputnam Investment Management Co. purchased a new position in EMCOR Group in the fourth quarter worth $8,936,000. 92.59% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at EMCOR Group

In other news, 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 directly owned 170,299 shares in the company, valued at approximately $124,229,714.52. The trade was a 17.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director William P. Reid sold 2,000 shares of EMCOR Group stock in a transaction 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 sale, the director owned 10,149 shares of the company's stock, valued at $9,395,741.22. The trade was a 16.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 45,077 shares of company stock valued at $34,416,471. Company insiders own 0.83% of the company's stock.

EMCOR Group Trading Down 0.8%

NYSE:EME opened at $848.57 on Friday. EMCOR Group, Inc. has a 12 month low of $455.14 and a 12 month high of $951.96. The firm has a fifty day simple moving average of $827.61 and a 200-day simple moving average of $732.36. The company has a market capitalization of $37.71 billion, a P/E ratio of 28.47 and a beta of 1.17.

EMCOR Group (NYSE:EME - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, topping the consensus estimate of $5.90 by $0.94. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The business had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.20 billion. During the same period in the previous year, the firm posted $5.41 earnings per share. The business's revenue for the quarter 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. Equities analysts forecast that EMCOR Group, Inc. will post 28.67 EPS for the current year.

EMCOR Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were paid 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 was Thursday, April 16th. EMCOR Group's payout ratio is presently 5.37%.

Analyst Ratings Changes

Several equities analysts have issued reports on EME shares. UBS Group lifted their price target on shares of EMCOR Group from $900.00 to $945.00 and gave the stock a "buy" rating in a report on Friday, March 6th. DA Davidson lifted their price target on shares of EMCOR Group from $800.00 to $900.00 and gave the stock a "buy" rating in a report on Friday, February 27th. Robert W. Baird lifted their price target on shares of EMCOR Group from $713.00 to $808.00 and gave the stock an "outperform" rating in a report on Friday, February 27th. Stifel Nicolaus set a $918.00 price target on shares of EMCOR Group in a report on Thursday, April 30th. Finally, Oppenheimer started coverage on shares of EMCOR Group in a report on Thursday. They issued an "outperform" rating and a $1,100.00 price target on the stock. Ten analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $836.88.

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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