EMCOR GROUP INC EME
COM · Common Stock · CUSIP 29084Q100 · ISIN US29084Q1004
Company providing mechanical and electrical construction, industrial energy infrastructure
- SectorIndustrials
- IndustryElectrical Work
- HeadquartersNorwalk, CT
- Founded1994
- Websiteemcorgroup.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($105.6m this quarter). Holder counts are more reliable. Shares outstanding: 46.0m as of 2024-10-25, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $453.99. Options: 15 managers hold calls ($119.6m notional), 13 hold puts ($95.7m).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 383 |
| Q4 2022 | 463 |
| Q1 2023 | 463 |
| Q2 2023 | 494 |
| Q3 2023 | 530 |
| Q4 2023 | 568 |
| Q1 2024 | 657 |
| Q2 2024 | 748 |
| Q3 2024 | 794 |
| Q4 2024 | 891 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 220 | 217 |
| Q2 2023 | 206 | 242 |
| Q3 2023 | 231 | 265 |
| Q4 2023 | 263 | 249 |
| Q1 2024 | 323 | 311 |
| Q2 2024 | 400 | 312 |
| Q3 2024 | 418 | 343 |
| Q4 2024 | 421 | 380 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $97.7m | $42.9m | 0.44 |
| Q2 2024 | $112.8m | $57.0m | 0.51 |
| Q3 2024 | $161.8m | $79.6m | 0.49 |
| Q4 2024 | $119.6m | $95.7m | 0.80 |
Biggest buyers
| Invesco Ltd. | Added | +288.8k |
| BlackRock, Inc. | Added | +218.3k |
| Squarepoint Ops LLC | Added | +155.4k |
| AMERIPRISE FINANCIAL INC | Added | +148.9k |
| NORDEA INVESTMENT MANAGEMENT AB | Added | +136.5k |
| FIRST TRUST ADVISORS LP | Added | +129.2k |
| Swedbank AB | Added | +122.7k |
| Qube Research & Technologies Ltd | Added | +117.0k |
| NORTHERN TRUST CORP | Added | +102.7k |
| AMERICAN CENTURY COMPANIES INC | Added | +96.1k |
Biggest sellers
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | Reduced | -1.4m |
| JPMORGAN CHASE & CO | Reduced | -216.2k |
| WELLS FARGO & COMPANY/MN | Reduced | -202.8k |
| HENNESSY ADVISORS INC | Reduced | -154.4k |
| FMR LLC | Reduced | -150.0k |
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -130.2k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | Reduced | -109.0k |
| Man Group plc | Reduced | -84.8k |
| FULLER & THALER ASSET MANAGEMENT, INC. | Reduced | -77.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Reduced | -75.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $31.3m68.9k shares |
| CITADEL ADVISORS LLC | Reduced | $20.2m44.5k shares |
| JANE STREET GROUP, LLC | Added | $16.1m35.4k shares |
| D. E. Shaw & Co., Inc. | Reduced | $12.8m28.1k shares |
| IMC-Chicago, LLC | Added | $9.8m21.5k shares |
| PEAK6 LLC | First filing | $9.5m21.0k shares |
| WOLVERINE TRADING, LLC | Added | $8.1m17.7k shares |
| Cubist Systematic Strategies, LLC | Reduced | $4.2m9.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.5m7.7k shares |
| TUDOR INVESTMENT CORP ET AL | Reduced | $2.0m4.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $22.9m50.4k shares |
| JANE STREET GROUP, LLC | Added | $22.6m49.8k shares |
| CITADEL ADVISORS LLC | Reduced | $19.2m42.2k shares |
| WOLVERINE TRADING, LLC | Added | $7.8m17.0k shares |
| D. E. Shaw & Co., Inc. | Reduced | $6.6m14.6k shares |
| Twin Tree Management, LP | New | $5.4m11.9k shares |
| Cubist Systematic Strategies, LLC | Reduced | $4.3m9.4k shares |
| Genus Capital Management Inc. | Added | $3.7m8.1k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $1.5m3.2k shares |
| TUDOR INVESTMENT CORP ET AL | Reduced | $1.4m3.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution -3.0 pts · filed 2025-10-17 | 8.0% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
Fell to 5% or below in the last year: FMR LLC (4.4%, 2026-05-06), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2023 | 0 | — | 1 | $374.1k | — |
| Q2 2023 | 0 | — | 3 | $11.7m | $9.4m |
| Q3 2023 | 0 | — | 1 | $2.8m | $2.8m |
| Q4 2023 | 0 | — | 1 | $3.2m | — |
| Q1 2024 | 1 | $57 | 1 | $1.9m | — |
| Q2 2024 | 1 | $546 | 4 | $2.3m | — |
| Q3 2024 | 0 | — | 1 | $482.0k | — |
| Q4 2024 | 0 | — | 0 | — | — |
None reported in Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.06% of their portfolio | 6.1m $2.8bn | Added +218.3k |
| VANGUARD GROUP INC 0.04% of their portfolio | 4.7m $2.1bn | Reduced -69.4k |
| FMR LLC 0.06% of their portfolio | 2.2m $987.5m | Reduced -150.0k |
| STATE STREET CORP 0.03% of their portfolio | 1.7m $749.9m | Added +39.2k |
| Invesco Ltd. 0.11% of their portfolio | 1.3m $598.5m | Added +288.8k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 1.32% of their portfolio | 1.3m $574.1m | Reduced -1.4m |
| Select Equity Group, L.P. 1.97% of their portfolio | 1.1m $483.0m | Added +16.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 1.0m $463.3m | Added +25.5k |
| FULLER & THALER ASSET MANAGEMENT, INC. 1.14% of their portfolio | 664.2k $301.5m | Reduced -77.4k |
| NORGES BANK 0.04% of their portfolio | 660.6k $299.9m | Reduced -23.3k |
| NORTHERN TRUST CORP 0.04% of their portfolio | 550.9k $250.0m | Added +102.7k |
| MORGAN STANLEY 0.02% of their portfolio | 533.6k $242.2m | Reduced -5.8k |
| LORD, ABBETT & CO. LLC 0.73% of their portfolio | 511.4k $232.1m | Reduced -39.4k |
| FIRST TRUST ADVISORS LP 0.20% of their portfolio | 496.4k $225.3m | Added +129.2k |
| AQR CAPITAL MANAGEMENT LLC 0.29% of their portfolio | 489.8k $222.3m | Added +58.5k |
| Burgundy Asset Management Ltd. 2.21% of their portfolio | 482.5k $219.0m | Added +7.8k |
| Allspring Global Investments Holdings, LLC 0.31% of their portfolio | 429.6k $196.5m | Added +75.6k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 396.3k $179.9m | Reduced -37.6k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 396.1k $179.8m | Reduced -59.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio | 365.7k $166.0m | Added +31.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 345.5k $156.8m | Reduced -4.7k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.31% of their portfolio | 324.4k $147.3m | Added +17.6k |
| Man Group plc 0.44% of their portfolio | 318.8k $144.7m | Reduced -84.8k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 310.8k $141.1m | Added +26.3k |
| CONGRESS ASSET MANAGEMENT CO 0.95% of their portfolio | 310.1k $140.8m | Reduced -25.1k |
| AMERIPRISE FINANCIAL INC 0.04% of their portfolio | 307.0k $139.3m | Added +148.9k |
| ACADIAN ASSET MANAGEMENT LLC 0.39% of their portfolio | 297.8k $135.1m | Reduced -130.2k |
| Caisse de depot et placement du Quebec 0.27% of their portfolio | 289.3k $131.3m | Added +6.3k |
| WELLS FARGO & COMPANY/MN 0.03% of their portfolio | 286.6k $130.1m | Reduced -202.8k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 270.3k $122.7m | Reduced -216.2k |
| Qube Research & Technologies Ltd 0.18% of their portfolio | 246.2k $111.8m | Added +117.0k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.44% of their portfolio | 240.6k $109.2m | Added +7.7k |
| TD Asset Management Inc 0.09% of their portfolio | 233.8k $106.1m | Reduced -15.3k |
| TimesSquare Capital Management, LLC 1.52% of their portfolio | 229.4k $104.1m | Reduced -36.1k |
| Epoch Investment Partners, Inc. 0.50% of their portfolio | 228.2k $103.6m | Added +10.4k |
| Allianz Asset Management GmbH 0.14% of their portfolio | 219.9k $99.8m | Added +37.0k |
| MILLENNIUM MANAGEMENT LLC 0.09% of their portfolio | 218.6k $99.2m | Added +8.9k |
| AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio | 213.9k $97.1m | Added +96.1k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 210.3k $95.5m | Added +34.1k |
| Clark Capital Management Group, Inc. 0.66% of their portfolio | 209.5k $95.1m | Reduced -20.4k |
| Legal & General Group Plc 0.02% of their portfolio | 207.4k $94.1m | Added +4.1k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 192.2k $87.3m | Reduced -23.3k |
| Squarepoint Ops LLC 0.21% of their portfolio | 181.6k $82.4m | Added +155.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio | 174.3k $79.1m | Reduced -11.5k |
| Nuveen Asset Management, LLC 0.02% of their portfolio | 170.6k $77.5m | Reduced -25.7k |
| Fiera Capital Corp 0.24% of their portfolio | 168.5k $76.5m | Reduced -4.0k |
| FEDERATED HERMES, INC. 0.16% of their portfolio | 164.2k $74.5m | Added +13.4k |
| PANAGORA ASSET MANAGEMENT INC 0.34% of their portfolio | 162.9k $73.9m | Reduced -27.3k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 1.82% of their portfolio | 157.2k $71.4m | Reduced -10.5k |
| Swedbank AB 0.09% of their portfolio | 153.4k $69.6m | Added +122.7k |
| RHUMBLINE ADVISERS 0.06% of their portfolio | 146.9k $66.7m | Reduced -971 |
| NORDEA INVESTMENT MANAGEMENT AB 0.07% of their portfolio | 142.6k $65.0m | Added +136.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio | 134.7k $61.1m | Reduced -43.9k |
| UBS Group AG 0.01% of their portfolio | 133.9k $60.8m | Added +24.0k |
| ZACKS INVESTMENT MANAGEMENT 0.56% of their portfolio | 133.8k $60.7m | Reduced -13.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 132.5k $60.2m | Reduced -7.9k |
| Swiss National Bank 0.04% of their portfolio | 131.8k $59.8m | Reduced -7.5k |
| Amundi 0.02% of their portfolio | 128.3k $61.1m | Reduced -8.6k |
| Russell Investments Group, Ltd. 0.08% of their portfolio | 125.5k $57.0m | Reduced -1.5k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 124.8k $56.6m | Added +20.1k |
| VALUE HOLDINGS MANAGEMENT CO. LLC 9.74% of their portfolio | 122.7k $55.7m | Unchanged |
| Skandinaviska Enskilda Banken AB (publ) 0.24% of their portfolio | 117.4k $53.7m | Added +52.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 115.7k $52.5m | Reduced -2.5k |
| INTECH INVESTMENT MANAGEMENT LLC 0.51% of their portfolio | 115.3k $52.3m | Added +45.5k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.19% of their portfolio | 113.1k $51.4m | Added +32.9k |
| BARCLAYS PLC 0.02% of their portfolio | 108.4k $49.2m | Added +56.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 104.2k $47.3m | Added +1.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.07% of their portfolio | 103.5k $47.0m | Reduced -51.2k |
| National Pension Service 0.04% of their portfolio | 95.1k $43.2m | Reduced -6.1k |
| Robeco Institutional Asset Management B.V. 0.08% of their portfolio | 94.9k $43.1m | Added +40.3k |
| SEI INVESTMENTS CO 0.05% of their portfolio | 93.9k $42.6m | Reduced -18.7k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 93.4k $42.4m | First filing |
| California Public Employees Retirement System 0.03% of their portfolio | 92.9k $42.2m | Reduced -6.1k |
| STOREBRAND ASSET MANAGEMENT AS 0.13% of their portfolio | 91.0k $41.3m | Added +10.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 90.8k $41.2m | Reduced -33.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 83.3k $37.8m | Added +50.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.05% of their portfolio | 80.5k $36.5m | Reduced -2.5k |
| Aware Super Pty Ltd as trustee of Aware Super 0.58% of their portfolio | 79.6k $36.1m | First filing |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 77.5k $35.2m | Reduced -1.5k |
| Retirement Systems of Alabama 0.13% of their portfolio | 74.8k $34.0m | Reduced -744 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.20% of their portfolio | 73.6k $33.4m | Added +7.4k |
| Freestone Grove Partners LP 0.40% of their portfolio | 71.9k $32.6m | First filing |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 71.1k $32.3m | Reduced -2.5k |
| KIRR MARBACH & CO LLC /IN/ 6.87% of their portfolio | 69.9k $31.7m | Reduced -1.6k |
| JUPITER ASSET MANAGEMENT LTD 0.31% of their portfolio | 69.8k $31.7m | Reduced -3.5k |
| KBC Group NV 0.09% of their portfolio | 68.5k $31.1m | Added +34.3k |
| Driehaus Capital Management LLC 0.26% of their portfolio | 68.4k $31.0m | Reduced -61.6k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.08% of their portfolio | 66.4k $30.1m | Reduced -713 |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.20% of their portfolio | 65.7k $29.8m | Reduced -109.0k |
| CANADA LIFE ASSURANCE Co 0.05% of their portfolio | 65.4k $29.7m | Added +2.4k |
| AXA S.A. 0.09% of their portfolio | 64.7k $29.4m | Added +23.6k |
| Bridgewater Associates, LP 0.13% of their portfolio | 64.7k $29.4m | Added +42.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 63.4k $28.8m | Reduced -29.0k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.07% of their portfolio | 63.1k $28.7m | Reduced -3.9k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 62.9k $28.5m | Reduced -5.9k |
| Pictet Asset Management Holding SA 0.03% of their portfolio | 62.8k $28.5m | Added +3.8k |
| Assenagon Asset Management S.A. 0.05% of their portfolio | 61.2k $27.8m | Reduced -22.4k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.06% of their portfolio | 60.2k $27.3m | Reduced -1.3k |
| HANCOCK WHITNEY CORP 0.84% of their portfolio | 58.6k $26.6m | Added +1.3k |
| STOCK YARDS BANK & TRUST CO 0.91% of their portfolio | 58.5k $26.6m | Added +416 |