Stock Yards Bank & Trust Co. Purchases 1,595 Shares of EMCOR Group, Inc. $EME

Stock Yards Bank & Trust Co. boosted its position in EMCOR Group, Inc. (NYSE:EME) by 2.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 62,209 shares of the construction company’s stock after acquiring an additional 1,595 shares during the period. EMCOR Group accounts for about 1.2% of Stock Yards Bank & Trust Co.’s holdings, making the stock its 26th biggest position. Stock Yards Bank & Trust Co. owned approximately 0.14% of EMCOR Group worth $38,059,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Asahi Life Asset Management CO. LTD. bought a new position in EMCOR Group in the third quarter worth approximately $445,000. Machina Capital S.A.S. purchased a new stake in shares of EMCOR Group in the third quarter worth approximately $1,074,000. Donoghue Forlines LLC purchased a new stake in shares of EMCOR Group in the third quarter worth approximately $2,221,000. B. Riley Wealth Advisors Inc. purchased a new stake in shares of EMCOR Group in the second quarter worth approximately $995,000. Finally, Exchange Traded Concepts LLC purchased a new stake in shares of EMCOR Group in the third quarter worth approximately $528,000. Institutional investors own 92.59% of the company’s stock.

Insiders Place Their Bets

In other EMCOR Group news, CEO Anthony Guzzi sold 36,000 shares of the stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $729.48, for a total transaction of $26,261,280.00. Following the completion of the transaction, the chief executive officer directly owned 170,299 shares of the company’s stock, valued at approximately $124,229,714.52. This represents a 17.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.83% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Robert W. Baird increased their price objective on EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a research note on Friday, February 27th. DA Davidson increased their price objective on EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. Stifel Nicolaus increased their price objective on EMCOR Group from $754.00 to $814.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Cantor Fitzgerald assumed coverage on EMCOR Group in a research note on Tuesday, March 10th. They issued an “overweight” rating and a $848.00 price objective for the company. Finally, UBS Group increased their price objective on EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, EMCOR Group has an average rating of “Moderate Buy” and a consensus price target of $784.43.

EMCOR Group Trading Up 0.1%

Shares of EME opened at $757.22 on Tuesday. The company has a market capitalization of $33.72 billion, a price-to-earnings ratio of 26.82 and a beta of 1.11. The stock has a 50 day moving average of $749.56 and a 200 day moving average of $685.51. EMCOR Group, Inc. has a 12 month low of $324.80 and a 12 month high of $835.00.

EMCOR Group (NYSE:EME) last issued its quarterly earnings results on Thursday, February 26th. The construction company reported $7.19 EPS for the quarter, beating analysts’ consensus estimates of $6.68 by $0.51. The company had revenue of $4.51 billion during 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%.EMCOR Group’s revenue was up 19.7% on a year-over-year basis. During the same period last year, the business posted $6.32 earnings per share. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. As a group, equities research analysts predict 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 repurchase plan on Thursday, December 18th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the construction company to purchase up to 1.9% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its shares are undervalued.

EMCOR Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be issued 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 Thursday, April 16th. EMCOR Group’s dividend payout ratio is 5.67%.

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.