EMCOR Group, Inc. (NYSE: EME) was removed from the Russell 1000 Value Benchmark on June 29, 2026. This change occurred during the annual reconstitution of the Russell indexes. The removal may prompt selling pressure from passive investment funds that track the benchmark.
Patton Fund Management Inc. reduced its holdings in EMCOR Group by 29.5% during the first quarter. The fund sold 2,760 shares. It currently maintains 6,592 shares valued at approximately $4.87 million.
These developments follow EMCOR's first-quarter financial report. The company exceeded analyst estimates for both earnings and revenue.