Carol Lowe Sells 950 Shares of EMCOR Group (NYSE:EME) Stock

EMCOR Group, Inc. (NYSE:EME) Director Carol Lowe sold 950 shares of the business’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 value of $802,275.00. Following the transaction, the director directly owned 17,278 shares in the company, valued at $14,591,271. The trade was a 5.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

EMCOR Group Price Performance

EMCOR Group stock traded up $10.07 during mid-day trading on Thursday, hitting $837.57. 1,130,860 shares of the company’s stock traded hands, compared to its average volume of 378,360. The firm has a 50 day simple moving average of $850.25 and a two-hundred day simple moving average of $753.10. EMCOR Group, Inc. has a fifty-two week low of $478.16 and a fifty-two week high of $951.96. The stock has a market cap of $37.22 billion, a price-to-earnings ratio of 28.10 and a beta of 1.12.

EMCOR Group (NYSE:EME) last released its quarterly earnings data on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, beating the consensus estimate of $5.90 by $0.94. The firm had revenue of $4.63 billion for 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% on a year-over-year basis. During the same period in the previous year, the company earned $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, 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 declared a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Thursday, April 16th were paid a $0.40 dividend. The ex-dividend date was Thursday, April 16th. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. EMCOR Group’s dividend payout ratio is 5.37%.

Analyst Ratings Changes

Several brokerages have issued reports on EME. Robert W. Baird raised their price objective on shares of EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $1,123.00 target price on shares of EMCOR Group in a research report on Tuesday. Zacks Research lowered 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 price target on EMCOR Group in a report on Thursday, April 30th. Finally, Wall Street Zen upgraded EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Ten investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $871.25.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Asahi Life Asset Management CO. LTD. bought a new position in EMCOR Group in the 3rd quarter valued at about $445,000. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of EMCOR Group by 12.9% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 12,149 shares of the construction company’s stock worth $7,972,000 after acquiring an additional 1,389 shares during the period. Sierra Summit Advisors LLC bought a new stake in shares of EMCOR Group during the 3rd quarter worth approximately $5,459,000. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund boosted its position in shares of EMCOR Group by 100.0% during the 3rd quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 3,600 shares of the construction company’s stock worth $2,338,000 after acquiring an additional 1,800 shares in the last quarter. Finally, North Dakota State Investment Board acquired a new stake in shares of EMCOR Group during the 4th quarter worth approximately $928,000. 92.59% of the stock is owned by institutional investors.

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.