KBC Group NV Grows Position in EMCOR Group, Inc. $EME

KBC Group NV lifted its position in shares of EMCOR Group, Inc. (NYSE:EME) by 5.3% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 194,612 shares of the construction company’s stock after purchasing an additional 9,843 shares during the quarter. KBC Group NV’s holdings in EMCOR Group were worth $143,684,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SEB Asset Management AB bought a new position in EMCOR Group in the first quarter worth $18,057,000. Swiss National Bank lifted its position in EMCOR Group by 7.0% during the first quarter. Swiss National Bank now owns 131,340 shares of the construction company’s stock valued at $96,970,000 after buying an additional 8,640 shares during the period. AIA Group Ltd bought a new stake in shares of EMCOR Group during the 1st quarter valued at $391,000. Dorsey Wright & Associates boosted its holdings in shares of EMCOR Group by 52.8% during the 1st quarter. Dorsey Wright & Associates now owns 20,763 shares of the construction company’s stock valued at $15,330,000 after buying an additional 7,173 shares in the last quarter. Finally, California Public Employees Retirement System grew its position in shares of EMCOR Group by 13.6% in the 1st quarter. California Public Employees Retirement System now owns 108,092 shares of the construction company’s stock worth $79,805,000 after buying an additional 12,913 shares during the period. 92.59% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on EME shares. Cantor Fitzgerald reiterated an “overweight” rating and issued a $1,123.00 price target on shares of EMCOR Group in a research note on Tuesday, June 16th. Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Stifel Nicolaus set a $918.00 price objective on shares of EMCOR Group in a report on Thursday, April 30th. Zacks Research raised shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Finally, Oppenheimer initiated coverage on shares of EMCOR Group in a report on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, EMCOR Group presently has an average rating of “Moderate Buy” and a consensus target price of $871.25.

EMCOR Group Stock Performance

Shares of EME stock opened at $741.30 on Monday. The company has a market capitalization of $32.94 billion, a price-to-earnings ratio of 24.87 and a beta of 1.13. EMCOR Group, Inc. has a one year low of $540.00 and a one year high of $951.96. The company’s 50-day moving average is $829.21 and its 200 day moving average is $780.76.

EMCOR Group (NYSE:EME) last issued its earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) 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 net margin of 7.54% and a return on equity of 35.19%. The business’s revenue for the quarter was up 19.7% compared to the same quarter last year. 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. As a group, research analysts predict that EMCOR Group, Inc. will post 29.37 earnings per share for the current fiscal year.

EMCOR Group Dividend Announcement

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

Insider Buying and Selling

In related news, Director Steven Schwarzwaelder sold 5,602 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $895.19, for a total value of $5,014,854.38. Following the transaction, the director directly owned 15,875 shares of the company’s stock, valued at approximately $14,211,141.25. This represents a 26.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Robert Peter Lind sold 675 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $894.27, for a total value of $603,632.25. Following the completion of the transaction, the vice president directly owned 4,216 shares in the company, valued at $3,770,242.32. This trade represents a 13.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 10,027 shares of company stock worth $8,957,466 over the last 90 days. 0.83% of the stock is currently owned by company insiders.

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.