EMCOR Group, Inc. (NYSE:EME – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the fourteen analysts that are covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $871.25.
EME has been the topic of several analyst reports. Robert W. Baird lifted their price objective on EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a report on Friday, February 27th. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a report on Monday, April 20th. Zacks Research lowered shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 26th. Oppenheimer started coverage on shares of EMCOR Group in a report on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 price objective for the company. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $1,123.00 price objective on shares of EMCOR Group in a report on Tuesday, June 16th.
Get Our Latest Analysis on EMCOR Group
EMCOR Group Price Performance
EMCOR Group (NYSE:EME – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.90 by $0.94. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The company had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $4.20 billion. During the same period in the previous year, the business earned $5.41 EPS. EMCOR Group’s revenue for the quarter 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. On average, sell-side analysts anticipate that EMCOR Group will post 29.22 EPS for the current year.
EMCOR Group Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Thursday, April 16th. EMCOR Group’s dividend payout ratio is 5.37%.
Insider Activity at EMCOR Group
In other EMCOR Group news, VP Robert Peter Lind sold 675 shares of the stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $894.27, for a total transaction of $603,632.25. Following the sale, the vice president directly owned 4,216 shares of the company’s stock, valued at approximately $3,770,242.32. This represents a 13.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Carol P. Lowe sold 950 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total value of $802,275.00. Following the transaction, the director directly owned 17,278 shares of the company’s stock, valued at $14,591,271. This trade represents a 5.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 10,027 shares of company stock valued at $8,957,466 in the last ninety days. 1.26% of the stock is owned by insiders.
Institutional Trading of EMCOR Group
Hedge funds have recently made changes to their positions in the stock. Ascentis Independent Advisors bought a new stake in shares of EMCOR Group in the 1st quarter worth approximately $27,000. Swiss RE Ltd. acquired a new position in shares of EMCOR Group during the fourth quarter valued at $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of EMCOR Group during the fourth quarter valued at $26,000. Zions Bancorporation National Association UT acquired a new position in shares of EMCOR Group during the fourth quarter valued at $28,000. Finally, Activest Wealth Management increased its holdings in shares of EMCOR Group by 800.0% in the 4th quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock worth $33,000 after acquiring an additional 48 shares during the period. Institutional investors own 92.59% 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.
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