EMCOR Group (NYSE:EME) Director Sells $802,275.00 in Stock

EMCOR Group, Inc. (NYSE:EME) Director Carol Lowe sold 950 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $844.50, for a total transaction of $802,275.00. Following the sale, the director directly owned 17,278 shares in the company, valued at approximately $14,591,271. The trade was a 5.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

EMCOR Group Stock Up 0.1%

EMCOR Group stock opened at $837.57 on Friday. EMCOR Group, Inc. has a 52-week low of $478.16 and a 52-week high of $951.96. The firm has a market cap of $37.22 billion, a PE ratio of 28.10 and a beta of 1.12. The company’s 50 day moving average is $852.96 and its two-hundred day moving average is $755.25.

EMCOR Group (NYSE:EME) last posted its quarterly 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. The business had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.20 billion. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The company’s quarterly revenue was up 19.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, equities research analysts anticipate that EMCOR Group, Inc. will post 29.22 earnings per share for the current fiscal year.

EMCOR Group Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on EME. UBS Group increased their price target on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research report on Friday, March 6th. DA Davidson boosted their price objective on EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. Zacks Research lowered shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 26th. Stifel Nicolaus set a $918.00 target price on shares of EMCOR Group in a research note on Thursday, April 30th. Finally, Robert W. Baird raised their target price on shares of EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Ten analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, EMCOR Group currently has an average rating of “Moderate Buy” and a consensus price target of $871.25.

Hedge Funds Weigh In On EMCOR Group

Large investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in shares of EMCOR Group by 17.6% during the 3rd quarter. Vanguard Group Inc. now owns 5,332,636 shares of the construction company’s stock worth $3,463,760,000 after acquiring an additional 798,975 shares in the last quarter. State Street Corp increased its holdings in shares of EMCOR Group by 2.2% in the 4th quarter. State Street Corp now owns 1,893,792 shares of the construction company’s stock valued at $1,158,603,000 after acquiring an additional 40,801 shares during the last quarter. Geode Capital Management LLC raised its position in shares of EMCOR Group by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 1,425,523 shares of the construction company’s stock worth $869,343,000 after acquiring an additional 7,790 shares in the last quarter. Victory Capital Management Inc. raised its position in shares of EMCOR Group by 34.5% during the 4th quarter. Victory Capital Management Inc. now owns 1,276,966 shares of the construction company’s stock worth $781,239,000 after acquiring an additional 327,606 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in EMCOR Group by 10.5% during the fourth quarter. Invesco Ltd. now owns 799,271 shares of the construction company’s stock worth $488,986,000 after purchasing an additional 75,692 shares during the last quarter. Hedge funds and other institutional investors own 92.59% of the company’s stock.

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.