Susquehanna Fundamental Investments LLC lifted its stake in shares of EMCOR Group, Inc. (NYSE:EME – Free Report) by 100.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 7,560 shares of the construction company’s stock after acquiring an additional 3,790 shares during the period. Susquehanna Fundamental Investments LLC’s holdings in EMCOR Group were worth $6,274,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Great Lakes Advisors LLC lifted its stake in shares of EMCOR Group by 32.3% in the first quarter. Great Lakes Advisors LLC now owns 590 shares of the construction company’s stock valued at $218,000 after buying an additional 144 shares in the last quarter. Geneos Wealth Management Inc. increased its position in shares of EMCOR Group by 93.0% during the first quarter. Geneos Wealth Management Inc. now owns 220 shares of the construction company’s stock worth $81,000 after acquiring an additional 106 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of EMCOR Group in the 2nd quarter worth about $459,000. Baird Financial Group Inc. lifted its position in EMCOR Group by 5.0% in the 2nd quarter. Baird Financial Group Inc. now owns 5,820 shares of the construction company’s stock valued at $3,113,000 after acquiring an additional 275 shares in the last quarter. Finally, Bank of Nova Scotia boosted its stake in EMCOR Group by 406.1% during the 2nd quarter. Bank of Nova Scotia now owns 4,565 shares of the construction company’s stock valued at $2,442,000 after purchasing an additional 3,663 shares during the last quarter. 92.59% of the stock is owned by institutional investors.
Insider Buying and Selling at EMCOR Group
In related news, Director Carol P. Lowe sold 950 shares of the stock in a transaction 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 sale, the director owned 17,278 shares in the company, valued at approximately $14,591,271. This trade represents a 5.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.73% of the company’s stock.
Analyst Upgrades and Downgrades
Check Out Our Latest Analysis on EME
EMCOR Group Price Performance
EMCOR Group stock opened at $734.73 on Tuesday. EMCOR Group, Inc. has a one year low of $564.92 and a one year high of $951.96. The firm has a market capitalization of $32.41 billion, a P/E ratio of 22.85 and a beta of 1.14. The business has a fifty day moving average price of $786.87 and a 200-day moving average price of $801.16.
EMCOR Group (NYSE:EME – Get Free Report) last issued its earnings results on Thursday, July 30th. The construction company reported $9.06 EPS for the quarter, topping the consensus estimate of $7.23 by $1.83. EMCOR Group had a return on equity of 35.49% and a net margin of 7.74%.The business had revenue of $5.15 billion during the quarter, compared to the consensus estimate of $4.71 billion. During the same quarter last year, the company earned $6.72 EPS. The firm’s revenue was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. Sell-side analysts expect that EMCOR Group, Inc. will post 33.04 earnings per share for the current fiscal year.
EMCOR Group Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Wednesday, July 15th. EMCOR Group’s payout ratio is 4.98%.
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.
See Also
- Five stocks we like better than EMCOR Group
- Securing AI: 5 Most-Upgraded Stocks From the Q2 Reporting Season
- Insiders Are Betting Big on These 3 Healthcare Stocks
- 3 Stocks for Investors Who Still Believe Cash Is King
- Dollar General and Dollar Tree Are Recovering, But Not for the Same Reason
Receive News & Ratings for EMCOR Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EMCOR Group and related companies with MarketBeat.com's FREE daily email newsletter.
