Louisiana State Employees Retirement System Makes New $1.70 Million Investment in EMCOR Group, Inc. $EME

Louisiana State Employees Retirement System purchased a new stake in EMCOR Group, Inc. (NYSE:EME) in the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 2,300 shares of the construction company’s stock, valued at approximately $1,698,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Contravisory Investment Management Inc. purchased a new position in EMCOR Group in the first quarter worth approximately $1,165,000. Kestra Private Wealth Services LLC purchased a new stake in EMCOR Group in the first quarter valued at $235,000. Financial Enhancement Group LLC acquired a new position in shares of EMCOR Group in the 1st quarter valued at $299,000. Blue Trust Inc. grew its holdings in shares of EMCOR Group by 8.1% during the 1st quarter. Blue Trust Inc. now owns 1,962 shares of the construction company’s stock worth $1,449,000 after purchasing an additional 147 shares during the period. Finally, Fifth Third Wealth Advisors LLC increased its position in shares of EMCOR Group by 40.9% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 717 shares of the construction company’s stock worth $529,000 after purchasing an additional 208 shares during the last quarter. 92.59% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Carol P. Lowe sold 950 shares of the firm’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 transaction of $802,275.00. Following the completion of 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 position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director William P. Reid sold 2,000 shares of the stock in a transaction on Monday, May 11th. The shares were sold at an average price of $925.78, for a total value of $1,851,560.00. Following the sale, the director owned 10,149 shares in the company, valued at approximately $9,395,741.22. This trade represents a 16.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 10,027 shares of company stock worth $8,957,466. 0.83% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on EME. Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a report on Monday, April 20th. Wall Street Zen upgraded EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. UBS Group boosted their price target on shares of EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Oppenheimer assumed 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 objective for the company. Finally, Zacks Research cut shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 26th. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, EMCOR Group currently has an average rating of “Moderate Buy” and an average target price of $871.25.

EMCOR Group Stock Down 3.0%

NYSE:EME opened at $804.81 on Thursday. The company has a market capitalization of $35.77 billion, a PE ratio of 27.00 and a beta of 1.13. EMCOR Group, Inc. has a 52-week low of $529.04 and a 52-week high of $951.96. The stock’s 50 day moving average price is $857.16 and its 200 day moving average price is $768.10.

EMCOR Group (NYSE:EME) last announced its earnings results on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, beating 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 business had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $4.20 billion. During the same period in the prior year, the company earned $5.41 earnings per share. The business’s revenue 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. As a group, sell-side analysts anticipate that EMCOR Group, Inc. will post 29.37 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

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

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.