Brokerages Set EMCOR Group, Inc. (NYSE:EME) Price Target at $784.43

EMCOR Group, Inc. (NYSE:EME) has earned a consensus rating of “Moderate Buy” from the thirteen analysts that are presently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $784.4286.

Several equities research analysts have recently weighed in on the stock. UBS Group increased their target price 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. Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a research report on Wednesday, January 21st. Stifel Nicolaus upped their price objective on EMCOR Group from $754.00 to $814.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Cantor Fitzgerald initiated coverage on EMCOR Group in a research report on Tuesday, March 10th. They set an “overweight” rating and a $848.00 price objective for the company. Finally, Robert W. Baird lifted their target price on EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a research note on Friday, February 27th.

EMCOR Group Price Performance

Shares of EMCOR Group stock opened at $752.74 on Friday. The firm’s fifty day simple moving average is $735.43 and its 200-day simple moving average is $674.94. EMCOR Group has a 12 month low of $320.89 and a 12 month high of $835.00. The stock has a market capitalization of $33.52 billion, a price-to-earnings ratio of 26.66 and a beta of 1.16.

EMCOR Group (NYSE:EME) last issued its quarterly earnings results on Thursday, February 26th. The construction company reported $7.19 earnings per share for the quarter, topping analysts’ consensus estimates of $6.68 by $0.51. The firm had revenue of $4.51 billion during 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 quarterly revenue was up 19.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $6.32 EPS. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. Analysts anticipate that EMCOR Group will post 20.74 earnings per share for the current year.

EMCOR Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 14th were issued a dividend of $0.40 per share. This is a boost from EMCOR Group’s previous quarterly dividend of $0.25. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Wednesday, January 14th. EMCOR Group’s dividend payout ratio is 5.67%.

EMCOR Group announced that its board has approved a stock buyback program on Thursday, December 18th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the construction company to buy up to 1.9% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board believes its shares are undervalued.

Insider Buying and Selling at EMCOR Group

In other news, CEO Anthony Guzzi sold 36,000 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer directly owned 170,299 shares in the company, valued at $124,229,714.52. The trade was a 17.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.83% of the stock is currently owned by insiders.

Institutional Investors Weigh In On EMCOR Group

A number of institutional investors have recently added to or reduced their stakes in EME. Swiss RE Ltd. acquired a new stake in shares of EMCOR Group in the 4th quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in EMCOR Group during the fourth quarter worth $26,000. Main Street Group LTD raised its position in EMCOR Group by 110.0% in the third quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock worth $27,000 after acquiring an additional 22 shares in the last quarter. Zions Bancorporation National Association UT purchased a new position in EMCOR Group in the fourth quarter worth $28,000. Finally, Quent Capital LLC acquired a new stake in EMCOR Group in the third quarter valued at $29,000. Hedge funds and other institutional investors own 92.59% of the company’s stock.

About EMCOR Group

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.