Carmel Capital Partners LLC Has $2.23 Million Holdings in EMCOR Group, Inc. $EME

Carmel Capital Partners LLC raised its holdings in EMCOR Group, Inc. (NYSE:EME) by 31.7% in the 4th quarter, HoldingsChannel reports. The firm owned 3,642 shares of the construction company’s stock after purchasing an additional 876 shares during the quarter. Carmel Capital Partners LLC’s holdings in EMCOR Group were worth $2,228,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Great Lakes Advisors LLC grew its position in shares of EMCOR Group by 32.3% during the 1st quarter. Great Lakes Advisors LLC now owns 590 shares of the construction company’s stock worth $218,000 after buying an additional 144 shares during the period. Geneos Wealth Management Inc. raised its stake 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 buying an additional 106 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in EMCOR Group in the second quarter valued at approximately $459,000. Baird Financial Group Inc. boosted its stake in EMCOR Group by 5.0% in the second 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 during the last quarter. Finally, Bank of Nova Scotia boosted its stake in EMCOR Group by 406.1% in the second quarter. Bank of Nova Scotia now owns 4,565 shares of the construction company’s stock valued at $2,442,000 after acquiring an additional 3,663 shares during the last quarter. Institutional investors and hedge funds 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 firm’s 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 sale, the chief executive officer owned 170,299 shares of the company’s stock, valued at $124,229,714.52. This trade represents a 17.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.83% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Cantor Fitzgerald assumed coverage on EMCOR Group in a research report on Tuesday, March 10th. They issued an “overweight” rating and a $848.00 price target on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research note on Monday, April 20th. Wall Street Zen cut EMCOR Group from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Stifel Nicolaus set a $901.00 target price on EMCOR Group in a research report on Thursday, April 16th. Finally, UBS Group upped their price target on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Nine equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $796.86.

EMCOR Group Stock Performance

NYSE EME opened at $869.81 on Friday. The stock has a market capitalization of $38.65 billion, a price-to-earnings ratio of 30.81 and a beta of 1.11. The stock’s 50 day moving average price is $768.38 and its two-hundred day moving average price is $701.75. EMCOR Group, Inc. has a 52 week low of $374.64 and a 52 week high of $881.96.

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

EMCOR Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis 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%.

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.