New England Research & Management Inc. Invests $598,000 in EMCOR Group, Inc. $EME

New England Research & Management Inc. acquired a new stake in EMCOR Group, Inc. (NYSE:EME) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 978 shares of the construction company’s stock, valued at approximately $598,000.

A number of other large investors have also added to or reduced their stakes in EME. Signaturefd LLC boosted its position in EMCOR Group by 3.0% during the 3rd quarter. Signaturefd LLC now owns 557 shares of the construction company’s stock worth $362,000 after buying an additional 16 shares during the period. Woodward Diversified Capital LLC grew its holdings in EMCOR Group by 2.4% during the 3rd quarter. Woodward Diversified Capital LLC now owns 760 shares of the construction company’s stock worth $494,000 after acquiring an additional 18 shares during the last quarter. Cornerstone Investment Partners LLC increased its position in EMCOR Group by 0.9% in the 3rd quarter. Cornerstone Investment Partners LLC now owns 1,938 shares of the construction company’s stock valued at $1,259,000 after acquiring an additional 18 shares during the period. Altus Wealth Group LLC increased its position in EMCOR Group by 1.4% in the 3rd quarter. Altus Wealth Group LLC now owns 1,495 shares of the construction company’s stock valued at $971,000 after acquiring an additional 20 shares during the period. Finally, Prospera Financial Services Inc raised its stake in shares of EMCOR Group by 0.7% during the third quarter. Prospera Financial Services Inc now owns 2,769 shares of the construction company’s stock valued at $1,799,000 after acquiring an additional 20 shares during the last quarter. Institutional investors own 92.59% of the company’s stock.

Insiders Place Their Bets

In other EMCOR Group news, CEO Anthony Guzzi sold 36,000 shares of the stock in a transaction dated Thursday, March 5th. The stock was 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. This trade represents a 17.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.83% of the company’s stock.

Analysts Set New Price Targets

EME has been the topic of a number of recent research reports. 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. UBS Group increased their price objective on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a report on Friday, March 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a research report on Wednesday, January 21st. Stifel Nicolaus lifted their target price on EMCOR Group from $754.00 to $814.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Finally, Cantor Fitzgerald began coverage on EMCOR Group in a research report on Tuesday, March 10th. They issued an “overweight” rating and a $848.00 price target on the stock. Nine research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, EMCOR Group currently has an average rating of “Moderate Buy” and an average price target of $784.43.

EMCOR Group Stock Performance

EMCOR Group stock opened at $726.57 on Friday. The firm has a market cap of $32.35 billion, a price-to-earnings ratio of 25.74 and a beta of 1.16. EMCOR Group, Inc. has a 52-week low of $320.89 and a 52-week high of $835.00. The firm has a 50 day moving average price of $737.03 and a two-hundred day moving average price of $676.07.

EMCOR Group (NYSE:EME) last posted its quarterly earnings data on Thursday, February 26th. The construction company reported $7.19 EPS for the quarter, beating analysts’ consensus estimates of $6.68 by $0.51. EMCOR Group had a net margin of 7.49% and a return on equity of 35.89%. The company had revenue of $4.51 billion for the quarter, compared to analyst estimates of $4.28 billion. During the same period in the prior year, the firm posted $6.32 EPS. The company’s quarterly revenue was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. As a group, equities research analysts predict that EMCOR Group, Inc. will post 20.74 EPS for the current fiscal year.

EMCOR Group announced that its Board of Directors has approved a stock repurchase plan on Thursday, December 18th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the construction company to reacquire up to 1.9% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board of directors believes its shares are undervalued.

EMCOR Group Increases Dividend

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

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.