Swiss National Bank Purchases 8,640 Shares of EMCOR Group, Inc. $EME

Swiss National Bank grew its holdings in EMCOR Group, Inc. (NYSE:EME) by 7.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 131,340 shares of the construction company’s stock after purchasing an additional 8,640 shares during the period. Swiss National Bank’s holdings in EMCOR Group were worth $96,970,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of EME. State Street Corp raised its position in EMCOR Group by 2.2% in the 4th quarter. State Street Corp now owns 1,893,792 shares of the construction company’s stock worth $1,158,603,000 after buying an additional 40,801 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of EMCOR Group by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 1,425,523 shares of the construction company’s stock valued at $869,343,000 after acquiring an additional 7,790 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in shares of EMCOR Group by 34.5% during the 4th quarter. Victory Capital Management Inc. now owns 1,276,966 shares of the construction company’s stock valued at $781,239,000 after acquiring an additional 327,606 shares during the last quarter. Invesco Ltd. grew its stake in shares of EMCOR Group by 10.5% in the fourth quarter. Invesco Ltd. now owns 799,271 shares of the construction company’s stock worth $488,986,000 after acquiring an additional 75,692 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of EMCOR Group by 132,234.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 669,611 shares of the construction company’s stock worth $409,661,000 after acquiring an additional 669,105 shares during the period. Hedge funds and other institutional investors own 92.59% of the company’s stock.

EMCOR Group Stock Performance

EME stock opened at $744.94 on Tuesday. EMCOR Group, Inc. has a one year low of $540.00 and a one year high of $951.96. The company’s fifty day moving average price is $825.48 and its 200-day moving average price is $781.66. The company has a market capitalization of $33.11 billion, a PE ratio of 24.99 and a beta of 1.13.

EMCOR Group (NYSE:EME) last posted its earnings results on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, topping analysts’ consensus estimates of $5.90 by $0.94. The company had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $4.20 billion. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The firm’s revenue for the quarter was up 19.7% on a year-over-year basis. During the same period in the previous year, the business earned $5.41 earnings per share. 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 fiscal year.

EMCOR Group Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on EME shares. Oppenheimer began coverage on shares of EMCOR Group in a research note on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 target price for the company. Wall Street Zen upgraded EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Zacks Research raised EMCOR Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a research report on Friday. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $1,123.00 target price on shares of EMCOR Group in a report on Tuesday, June 16th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, EMCOR Group currently has an average rating of “Moderate Buy” and an average target price of $871.25.

Insider Buying and Selling at EMCOR Group

In related news, Director William P. Reid sold 2,000 shares of EMCOR Group stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $925.78, for a total transaction of $1,851,560.00. Following the completion of the transaction, the director directly owned 10,149 shares of the company’s stock, valued at approximately $9,395,741.22. The trade was a 16.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Steven Schwarzwaelder sold 5,602 shares of the business’s stock in a transaction that occurred on 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 transaction, the director owned 15,875 shares of the company’s stock, valued at $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 three months, insiders have sold 10,027 shares of company stock valued at $8,957,466. Insiders own 0.73% of the company’s stock.

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.