EMCOR Group, Inc. $EME Stock Position Lifted by Allstate Corp

Allstate Corp lifted its holdings in EMCOR Group, Inc. (NYSE:EME) by 105.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,303 shares of the construction company’s stock after purchasing an additional 1,699 shares during the quarter. Allstate Corp’s holdings in EMCOR Group were worth $2,021,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of the business. PAX Financial Group LLC grew its stake in shares of EMCOR Group by 3.6% in the fourth quarter. PAX Financial Group LLC now owns 404 shares of the construction company’s stock worth $247,000 after purchasing an additional 14 shares in the last quarter. Austin Private Wealth LLC boosted its stake in EMCOR Group by 3.6% during the fourth quarter. Austin Private Wealth LLC now owns 437 shares of the construction company’s stock valued at $267,000 after buying an additional 15 shares in the last quarter. First National Bank of Hutchinson boosted its stake in EMCOR Group by 0.9% during the fourth quarter. First National Bank of Hutchinson now owns 1,614 shares of the construction company’s stock valued at $987,000 after buying an additional 15 shares in the last quarter. Advisors Capital Management LLC boosted its stake in EMCOR Group by 3.4% during the fourth quarter. Advisors Capital Management LLC now owns 450 shares of the construction company’s stock valued at $275,000 after buying an additional 15 shares in the last quarter. Finally, KPP Advisory Services LLC boosted its stake in EMCOR Group by 3.9% during the fourth quarter. KPP Advisory Services LLC now owns 399 shares of the construction company’s stock valued at $244,000 after buying an additional 15 shares in the last quarter. Institutional investors own 92.59% of the company’s stock.

EMCOR Group Price Performance

Shares of EME opened at $848.57 on Friday. EMCOR Group, Inc. has a one year low of $455.14 and a one year high of $951.96. The company has a 50-day moving average of $827.61 and a two-hundred day moving average of $732.36. The stock has a market cap of $37.71 billion, a price-to-earnings ratio of 28.47 and a beta of 1.17.

EMCOR Group (NYSE:EME) last announced its earnings results 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 company had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $4.20 billion. During the same period last year, the company posted $5.41 earnings per share. The business’s revenue for the quarter was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. Analysts anticipate that EMCOR Group, Inc. will post 28.67 earnings per share for the current year.

EMCOR Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th were issued a $0.40 dividend. 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 dividend payout ratio (DPR) is presently 5.37%.

Insider Buying and Selling

In other EMCOR Group news, CEO Anthony Guzzi sold 36,000 shares of the firm’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $729.48, for a total value of $26,261,280.00. Following the completion of the transaction, the chief executive officer directly owned 170,299 shares in the company, valued at $124,229,714.52. This trade represents a 17.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Robert Peter Lind sold 675 shares of the firm’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $894.27, for a total transaction of $603,632.25. Following the completion of the transaction, the vice president owned 4,216 shares of the company’s stock, valued at approximately $3,770,242.32. The trade was a 13.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 45,077 shares of company stock valued at $34,416,471. Company insiders own 0.83% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on EME. DA Davidson raised their target price on EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a research note on Friday, February 27th. Stifel Nicolaus set a $918.00 target price on EMCOR Group in a research note on Thursday, April 30th. Robert W. Baird raised 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. Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, UBS Group raised their target price on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Ten equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $836.88.

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.