Bogart Wealth LLC Raises Position in EMCOR Group, Inc. $EME

Bogart Wealth LLC boosted its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 27.6% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 15,899 shares of the construction company’s stock after buying an additional 3,436 shares during the period. Bogart Wealth LLC’s holdings in EMCOR Group were worth $11,738,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Swiss RE Ltd. bought a new position in EMCOR Group in the 4th quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of EMCOR Group during the fourth quarter worth about $26,000. Ascentis Independent Advisors bought a new position in shares of EMCOR Group in the first quarter worth approximately $27,000. Zions Bancorporation National Association UT bought a new position in shares of EMCOR Group in the fourth quarter worth approximately $28,000. Finally, Activest Wealth Management raised its stake in EMCOR Group by 800.0% in the fourth quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock valued at $33,000 after purchasing an additional 48 shares in the last quarter. 92.59% of the stock is currently owned by hedge funds and other institutional investors.

EMCOR Group Stock Performance

EME stock opened at $774.63 on Monday. The company has a market capitalization of $34.42 billion, a PE ratio of 25.99 and a beta of 1.13. EMCOR Group, Inc. has a one year low of $532.25 and a one year high of $951.96. The company’s 50 day moving average price is $854.23 and its two-hundred day moving average price is $770.23.

EMCOR Group (NYSE:EME) last announced its quarterly earnings data on Wednesday, April 29th. The construction company reported $6.84 earnings per share for the quarter, topping 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 firm had revenue of $4.63 billion during the quarter, compared to analyst estimates of $4.20 billion. During the same period in the previous year, the business posted $5.41 EPS. The business’s quarterly 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. On average, research analysts predict that EMCOR Group, Inc. will post 29.37 EPS for the current year.

EMCOR Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $1.60 annualized dividend and a yield of 0.2%. EMCOR Group’s payout ratio is currently 5.37%.

Analysts Set New Price Targets

A number of research firms have commented on EME. Oppenheimer began coverage on shares of EMCOR Group in a research note on Thursday, May 28th. They issued an “outperform” rating and a $1,100.00 price target for the company. Stifel Nicolaus set a $918.00 target price on EMCOR Group in a research note on Thursday, April 30th. Cantor Fitzgerald restated an “overweight” rating and set a $1,123.00 price target on shares of EMCOR Group in a research report on Tuesday, June 16th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a research note on Monday, April 20th. Finally, Zacks Research raised EMCOR Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $871.25.

Insider Buying and Selling at EMCOR Group

In other news, VP Robert Peter Lind sold 675 shares of EMCOR Group stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $894.27, for a total value of $603,632.25. Following the transaction, the vice president owned 4,216 shares in the company, valued at approximately $3,770,242.32. The trade was a 13.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Steven Schwarzwaelder sold 5,602 shares of the business’s stock in a transaction dated 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 sale, the director directly owned 15,875 shares of the company’s stock, valued at approximately $14,211,141.25. This trade represents a 26.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 10,027 shares of company stock valued at $8,957,466. 1.26% of the stock is currently owned by insiders.

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.