HB Wealth Management LLC Has $2.81 Million Stock Holdings in EMCOR Group, Inc. $EME

HB Wealth Management LLC increased its position in EMCOR Group, Inc. (NYSE:EME) by 25.8% during the first quarter, Holdings Channel reports. The firm owned 3,813 shares of the construction company’s stock after buying an additional 783 shares during the quarter. HB Wealth Management LLC’s holdings in EMCOR Group were worth $2,815,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. Swiss RE Ltd. acquired a new stake in shares of EMCOR Group in the fourth quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in shares of EMCOR Group during the 4th quarter worth approximately $26,000. Zions Bancorporation National Association UT acquired a new position in shares of EMCOR Group during the 4th quarter worth approximately $28,000. Activest Wealth Management increased its holdings in shares of EMCOR Group by 800.0% during 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 last quarter. Finally, Richardson Financial Services Inc. raised its stake in EMCOR Group by 71.9% in the 4th quarter. Richardson Financial Services Inc. now owns 55 shares of the construction company’s stock valued at $34,000 after acquiring an additional 23 shares during the period. 92.59% of the stock is currently owned by institutional investors and hedge funds.

EMCOR Group Trading Down 0.0%

EMCOR Group stock opened at $774.63 on Monday. The company has a market capitalization of $34.42 billion, a price-to-earnings ratio of 25.99 and a beta of 1.13. EMCOR Group, Inc. has a 12 month low of $532.25 and a 12 month high of $951.96. The stock’s 50 day moving average is $854.23 and its 200-day moving average is $770.23.

EMCOR Group (NYSE:EME) last released its quarterly earnings results 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. The business had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $4.20 billion. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The firm’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same period last year, the firm posted $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, equities research analysts predict that EMCOR Group, Inc. will post 29.37 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be given a dividend of $0.40 per share. The ex-dividend date is Wednesday, July 15th. This represents a $1.60 annualized dividend and a yield of 0.2%. EMCOR Group’s dividend payout ratio (DPR) is presently 5.37%.

Insider Activity at EMCOR Group

In other news, VP Robert Peter Lind sold 675 shares of EMCOR Group stock in a transaction on 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 sale, the vice president owned 4,216 shares of the company’s stock, valued at approximately $3,770,242.32. This trade represents a 13.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Carol P. Lowe sold 950 shares of the business’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total transaction of $802,275.00. Following the completion of the sale, the director directly owned 17,278 shares of the company’s stock, valued at approximately $14,591,271. The trade was a 5.21% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 10,027 shares of company stock valued at $8,957,466. 1.26% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $1,123.00 price target on shares of EMCOR Group in a report on Tuesday, June 16th. Stifel Nicolaus set a $918.00 price objective on shares of EMCOR Group in a report on Thursday, April 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a report on Monday, April 20th. Zacks Research raised shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Finally, Wall Street Zen upgraded shares of EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $871.25.

EMCOR Group 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.