Adams Diversified Equity Fund Inc. Takes Position in EMCOR Group, Inc. $EME

Adams Diversified Equity Fund Inc. purchased a new stake in EMCOR Group, Inc. (NYSE:EME) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 28,000 shares of the construction company’s stock, valued at approximately $17,130,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Swiss RE Ltd. acquired a new stake in shares of EMCOR Group in the fourth quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of EMCOR Group in the fourth quarter valued at about $26,000. Main Street Group LTD grew its position in shares of EMCOR Group by 110.0% in the third quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock valued at $27,000 after purchasing an additional 22 shares during the last quarter. Zions Bancorporation National Association UT acquired a new stake in EMCOR Group during the fourth quarter worth about $28,000. Finally, Activest Wealth Management grew its position in EMCOR Group by 800.0% during the fourth quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock worth $33,000 after buying an additional 48 shares in the last quarter. 92.59% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Steven Schwarzwaelder sold 5,602 shares of EMCOR Group stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $895.19, for a total value of $5,014,854.38. Following the completion of the transaction, the director owned 15,875 shares in the company, valued at approximately $14,211,141.25. The trade was a 26.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Jason R. Nalbandian sold 800 shares of EMCOR Group stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $856.43, for a total transaction of $685,144.00. Following the completion of the transaction, the chief financial officer owned 18,157 shares of the company’s stock, valued at $15,550,199.51. This trade represents a 4.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 9,077 shares of company stock worth $8,155,191. 0.83% of the stock is currently owned by insiders.

EMCOR Group Trading Up 1.3%

NYSE:EME opened at $822.27 on Friday. EMCOR Group, Inc. has a 1 year low of $470.02 and a 1 year high of $951.96. The firm has a 50 day moving average of $845.67 and a 200-day moving average of $747.35. The stock has a market capitalization of $36.54 billion, a P/E ratio of 27.58 and a beta of 1.12.

EMCOR Group (NYSE:EME) last posted its earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 quarter in the previous year, the company posted $5.41 earnings per share. EMCOR Group’s quarterly revenue was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, analysts forecast that EMCOR Group, Inc. will post 29.22 EPS for the current fiscal year.

EMCOR Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were paid a $0.40 dividend. The ex-dividend date was Thursday, April 16th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. EMCOR Group’s payout ratio is 5.37%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on EME. DA Davidson lifted their target price on EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. Stifel Nicolaus set a $918.00 target price on EMCOR Group in a research report on Thursday, April 30th. Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research report on Monday, April 20th. Finally, Zacks Research downgraded EMCOR Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Ten investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $836.88.

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.