United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Buys 1,800 Shares of EMCOR Group, Inc. $EME

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund grew its stake in shares of EMCOR Group, Inc. (NYSE:EME) by 100.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,600 shares of the construction company’s stock after purchasing an additional 1,800 shares during the quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in EMCOR Group were worth $2,338,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in EME. Korea Investment CORP raised its holdings in EMCOR Group by 13.7% during the 3rd quarter. Korea Investment CORP now owns 62,136 shares of the construction company’s stock valued at $40,360,000 after buying an additional 7,499 shares during the last quarter. Munich Reinsurance Co Stock Corp in Munich bought a new stake in EMCOR Group in the 3rd quarter worth $8,874,000. Aptus Capital Advisors LLC grew its holdings in EMCOR Group by 18.7% in the 3rd quarter. Aptus Capital Advisors LLC now owns 781 shares of the construction company’s stock worth $507,000 after acquiring an additional 123 shares during the last quarter. Barclays PLC increased its position in shares of EMCOR Group by 192.8% in the third quarter. Barclays PLC now owns 125,042 shares of the construction company’s stock valued at $81,220,000 after acquiring an additional 82,341 shares during the period. Finally, Kane Investment Management Inc. increased its position in shares of EMCOR Group by 1.4% in the third quarter. Kane Investment Management Inc. now owns 2,103 shares of the construction company’s stock valued at $1,366,000 after acquiring an additional 30 shares during the period. 92.59% of the stock is owned by hedge funds and other institutional investors.

EMCOR Group Trading Down 1.8%

Shares of EMCOR Group stock opened at $705.74 on Friday. The firm has a market capitalization of $31.43 billion, a P/E ratio of 25.00 and a beta of 1.16. The business has a fifty day simple moving average of $718.67 and a two-hundred day simple moving average of $668.47. EMCOR Group, Inc. has a 12 month low of $320.89 and a 12 month high of $835.00.

EMCOR Group (NYSE:EME) last released its earnings results on Thursday, February 26th. The construction company reported $7.19 earnings per share for the quarter, topping analysts’ consensus estimates of $6.68 by $0.51. The firm had revenue of $4.51 billion for the quarter, compared to the consensus estimate of $4.28 billion. EMCOR Group had a net margin of 7.49% and a return on equity of 35.89%. The company’s revenue was up 19.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $6.32 EPS. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. Analysts predict that EMCOR Group, Inc. will post 20.74 earnings per share for the current year.

EMCOR Group declared that its board has initiated a stock buyback plan on Thursday, December 18th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the construction company to purchase up to 1.9% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board believes its shares are undervalued.

EMCOR Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, January 14th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. This is a boost from EMCOR Group’s previous quarterly dividend of $0.25. The ex-dividend date was Wednesday, January 14th. EMCOR Group’s dividend payout ratio is currently 5.67%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on EME shares. Stifel Nicolaus increased their target price on shares of EMCOR Group from $754.00 to $814.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Zacks Research downgraded EMCOR Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 19th. UBS Group upped 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. DA Davidson increased their price objective on EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a report on Friday, February 27th. Finally, 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 research report on Friday, February 27th. Eight investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $773.83.

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.