EMCOR Group (NYSE:EME) Cut to Hold at Wall Street Zen

Wall Street Zen downgraded shares of EMCOR Group (NYSE:EME) from a buy rating to a hold rating in a research report report published on Saturday morning.

Other equities research analysts have also recently issued reports about the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a research note on Wednesday, January 21st. UBS Group upped their price target on EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Stifel Nicolaus set a $901.00 price target on EMCOR Group in a research note on Thursday. Cantor Fitzgerald started coverage on EMCOR Group in a research note on Tuesday, March 10th. They issued an “overweight” rating and a $848.00 price target on the stock. Finally, Robert W. Baird upped their price target on EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a research note on Friday, February 27th. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $796.86.

EMCOR Group Stock Performance

EME opened at $831.06 on Friday. EMCOR Group has a 52-week low of $356.97 and a 52-week high of $835.00. The stock has a market capitalization of $37.01 billion, a PE ratio of 29.44 and a beta of 1.11. The stock’s 50 day moving average price is $762.89 and its 200-day moving average price is $696.55.

EMCOR Group (NYSE:EME) last posted its earnings results on Thursday, February 26th. The construction company reported $7.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.68 by $0.51. The firm had revenue of $4.51 billion for the quarter, compared to analysts’ expectations of $4.28 billion. EMCOR Group had a return on equity of 35.89% and a net margin of 7.49%.The business’s revenue was up 19.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $6.32 earnings per share. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. Research analysts forecast that EMCOR Group will post 28.24 EPS for the current fiscal year.

EMCOR Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be issued a $0.40 dividend. 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 payout ratio is 5.67%.

Insider Buying and Selling

In other EMCOR Group news, CEO Anthony Guzzi sold 36,000 shares of the business’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $729.48, for a total value of $26,261,280.00. Following the sale, the chief executive officer directly owned 170,299 shares of the company’s stock, valued at approximately $124,229,714.52. The trade was a 17.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 1.26% of the company’s stock.

Institutional Investors Weigh In On EMCOR Group

Hedge funds have recently added to or reduced their stakes in the stock. Swiss RE Ltd. bought a new stake in EMCOR Group in the fourth quarter worth $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in EMCOR Group in the fourth quarter worth $26,000. Main Street Group LTD boosted its holdings in EMCOR Group by 110.0% in the third quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock worth $27,000 after acquiring an additional 22 shares in the last quarter. Zions Bancorporation National Association UT bought a new stake in EMCOR Group in the fourth quarter worth $28,000. Finally, Quent Capital LLC bought a new stake in EMCOR Group in the third quarter worth $29,000. 92.59% of the stock is owned by institutional investors.

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.