Barclays PLC Purchases 137,238 Shares of EMCOR Group, Inc. $EME

Barclays PLC grew its position in EMCOR Group, Inc. (NYSE:EME) by 109.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 262,280 shares of the construction company’s stock after purchasing an additional 137,238 shares during the quarter. Barclays PLC’s holdings in EMCOR Group were worth $160,460,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Asahi Life Asset Management CO. LTD. bought a new position in EMCOR Group during the third quarter worth $445,000. Wealth Enhancement Advisory Services LLC boosted its stake in EMCOR Group by 12.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 12,149 shares of the construction company’s stock worth $7,972,000 after acquiring an additional 1,389 shares in the last quarter. Sierra Summit Advisors LLC bought a new position in EMCOR Group during the third quarter worth $5,459,000. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund boosted its stake in EMCOR Group by 100.0% during the third quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 3,600 shares of the construction company’s stock worth $2,338,000 after acquiring an additional 1,800 shares in the last quarter. Finally, North Dakota State Investment Board bought a new position in EMCOR Group during the fourth quarter worth $928,000. 92.59% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts recently issued reports on EME shares. Cantor Fitzgerald started coverage on shares of EMCOR Group in a research note on Tuesday, March 10th. They set an “overweight” rating and a $848.00 target price 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. Robert W. Baird increased their target price on shares of EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a research note on Friday, February 27th. Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, Stifel Nicolaus set a $918.00 target price on shares of EMCOR Group in a research note on Thursday, April 30th. Ten analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $836.88.

EMCOR Group Trading Up 2.2%

EME opened at $841.12 on Tuesday. The company’s fifty day moving average price is $847.35 and its two-hundred day moving average price is $750.02. EMCOR Group, Inc. has a 1-year low of $478.16 and a 1-year high of $951.96. The company has a market cap of $37.38 billion, a price-to-earnings ratio of 28.22 and a beta of 1.12.

EMCOR Group (NYSE:EME) last released its quarterly earnings data on Wednesday, April 29th. The construction company reported $6.84 earnings per share 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 firm had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $4.20 billion. During the same quarter in the prior year, the company posted $5.41 earnings per share. The business’s revenue was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, equities analysts forecast that EMCOR Group, Inc. will post 29.22 earnings per share for the current fiscal year.

EMCOR Group Dividend Announcement

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

Insider Activity

In other news, CFO Jason R. Nalbandian sold 800 shares of the stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $856.43, for a total value of $685,144.00. Following the completion of the sale, the chief financial officer owned 18,157 shares in the company, valued at $15,550,199.51. This represents a 4.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Steven Schwarzwaelder sold 5,602 shares of the stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $895.19, for a total transaction of $5,014,854.38. Following the completion of the sale, the director owned 15,875 shares of the company’s stock, valued at approximately $14,211,141.25. This represents a 26.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 9,077 shares of company stock worth $8,155,191. Company insiders own 1.26% 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.