Cetera Investment Advisers Acquires 12,173 Shares of EMCOR Group, Inc. $EME

Cetera Investment Advisers raised its holdings in EMCOR Group, Inc. (NYSE:EME) by 28.4% in the first quarter, HoldingsChannel.com reports. The firm owned 55,040 shares of the construction company’s stock after purchasing an additional 12,173 shares during the quarter. Cetera Investment Advisers’ holdings in EMCOR Group were worth $40,637,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Ascentis Independent Advisors bought a new position in shares of EMCOR Group during the first quarter worth approximately $27,000. Swiss RE Ltd. bought a new stake in shares of EMCOR Group in the fourth quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of EMCOR Group in the fourth quarter valued at approximately $26,000. Zions Bancorporation National Association UT acquired a new stake in EMCOR Group during the fourth quarter worth approximately $28,000. Finally, Activest Wealth Management grew its position in EMCOR Group by 800.0% during the fourth quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock worth $33,000 after buying an additional 48 shares in the last quarter. Institutional investors own 92.59% of the company’s stock.

Analysts Set New Price Targets

EME has been the topic of a number of recent research reports. Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a research note on Friday, July 17th. Zacks Research upgraded EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Stifel Nicolaus set a $918.00 target price on EMCOR Group in a report on Thursday, April 30th. Cantor Fitzgerald restated an “overweight” rating and issued a $1,123.00 price target on shares of EMCOR Group in a research report on Tuesday, June 16th. Finally, Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, EMCOR Group presently has an average rating of “Moderate Buy” and a consensus price target of $871.25.

EMCOR Group Trading Down 3.2%

NYSE EME opened at $744.47 on Friday. The firm has a market capitalization of $33.08 billion, a price-to-earnings ratio of 24.97 and a beta of 1.13. The firm’s 50 day simple moving average is $812.24 and its 200 day simple moving average is $784.37. EMCOR Group, Inc. has a 1 year low of $564.92 and a 1 year high of $951.96.

EMCOR Group (NYSE:EME) last announced 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. 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 the consensus estimate of $4.20 billion. During the same period in the previous year, the business earned $5.41 earnings per share. The company’s revenue was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, equities research analysts forecast that EMCOR Group, Inc. will post 29.37 earnings per share for the current year.

EMCOR Group Dividend Announcement

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

Insider Transactions at EMCOR Group

In other EMCOR Group news, VP Robert Peter Lind sold 675 shares of the business’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $894.27, for a total transaction of $603,632.25. Following the completion of the transaction, the vice president owned 4,216 shares of the company’s stock, valued at approximately $3,770,242.32. The trade was a 13.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Steven Schwarzwaelder sold 5,602 shares of the stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $895.19, for a total transaction of $5,014,854.38. Following the completion of the transaction, the director directly 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 SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 10,027 shares of company stock valued at $8,957,466. Company insiders own 0.73% of the company’s stock.

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.