PFG Advisors Raises Stock Holdings in EMCOR Group, Inc. $EME

PFG Advisors boosted its stake in shares of EMCOR Group, Inc. (NYSE:EME) by 8.7% during the third quarter, Holdings Channel.com reports. The firm owned 13,896 shares of the construction company’s stock after purchasing an additional 1,111 shares during the quarter. PFG Advisors’ holdings in EMCOR Group were worth $9,026,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EME. Asahi Life Asset Management CO. LTD. bought a new position in shares of EMCOR Group during the 3rd quarter worth approximately $445,000. Machina Capital S.A.S. acquired a new stake in EMCOR Group in the third quarter valued at approximately $1,074,000. Donoghue Forlines LLC acquired a new stake in EMCOR Group in the third quarter valued at approximately $2,221,000. Pinnbrook Capital Management LP purchased a new position in EMCOR Group in the second quarter worth $1,510,000. Finally, B. Riley Wealth Advisors Inc. purchased a new position in EMCOR Group in the second quarter worth $995,000. Hedge funds and other institutional investors own 92.59% of the company’s stock.

EMCOR Group Price Performance

Shares of EME stock opened at $705.74 on Monday. The firm has a market capitalization of $31.43 billion, a price-to-earnings ratio of 25.00 and a beta of 1.16. The business has a fifty day moving average of $718.67 and a 200 day moving average of $668.91. EMCOR Group, Inc. has a 1 year low of $320.89 and a 1 year high of $835.00.

EMCOR Group (NYSE:EME) last posted its quarterly earnings results on Thursday, February 26th. The construction company reported $7.19 earnings per share for the quarter, beating the consensus estimate of $6.68 by $0.51. The business had revenue of $4.51 billion for the quarter, compared to the consensus estimate of $4.28 billion. EMCOR Group had a return on equity of 35.89% and a net margin of 7.49%.The company’s quarterly revenue was up 19.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $6.32 EPS. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. As a group, equities research analysts expect that EMCOR Group, Inc. will post 20.74 earnings per share for the current year.

EMCOR Group declared that its Board of Directors has authorized a stock buyback program on Thursday, December 18th that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the construction company to buy up to 1.9% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s management believes its shares are undervalued.

EMCOR Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 14th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. This is a positive change from EMCOR Group’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Wednesday, January 14th. EMCOR Group’s dividend payout ratio is presently 5.67%.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Zacks Research lowered EMCOR Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 19th. Robert W. Baird boosted their target price on EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a research note on Friday, February 27th. Stifel Nicolaus upped their target price on EMCOR Group from $754.00 to $814.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. DA Davidson increased their price target on EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a research note on Friday, February 27th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a report on Wednesday, January 21st. Eight investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, EMCOR Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $773.83.

EMCOR Group Company 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.