Ethic Inc. Buys 1,148 Shares of EMCOR Group, Inc. $EME

Ethic Inc. lifted its position in shares of EMCOR Group, Inc. (NYSE:EME) by 24.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,798 shares of the construction company’s stock after acquiring an additional 1,148 shares during the period. Ethic Inc.’s holdings in EMCOR Group were worth $3,547,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of EMCOR Group by 17.6% in the 3rd quarter. Vanguard Group Inc. now owns 5,332,636 shares of the construction company’s stock valued at $3,463,760,000 after purchasing an additional 798,975 shares during the last quarter. State Street Corp lifted its holdings in shares of EMCOR Group by 15.2% in the third quarter. State Street Corp now owns 1,852,991 shares of the construction company’s stock worth $1,203,592,000 after acquiring an additional 244,494 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in shares of EMCOR Group by 48.8% in the third quarter. Victory Capital Management Inc. now owns 949,360 shares of the construction company’s stock worth $572,351,000 after acquiring an additional 311,474 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of EMCOR Group by 0.9% in the third quarter. AQR Capital Management LLC now owns 627,507 shares of the construction company’s stock worth $405,295,000 after acquiring an additional 5,488 shares during the last quarter. Finally, Qube Research & Technologies Ltd lifted its holdings in shares of EMCOR Group by 68.3% in the third quarter. Qube Research & Technologies Ltd now owns 489,658 shares of the construction company’s stock worth $318,052,000 after acquiring an additional 198,657 shares during the last quarter. Institutional investors own 92.59% of the company’s stock.

Insider Buying and Selling

In related news, Director Steven Schwarzwaelder sold 5,602 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $895.19, for a total value of $5,014,854.38. Following the sale, the director directly owned 15,875 shares in the company, valued at $14,211,141.25. This represents a 26.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Anthony Guzzi sold 36,000 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $729.48, for a total value of $26,261,280.00. Following the completion of the sale, the chief executive officer owned 170,299 shares in the company, valued at $124,229,714.52. The trade was a 17.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 43,077 shares of company stock valued at $32,564,911 in the last quarter. 1.26% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

EME has been the subject of a number of research reports. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a report on Monday, April 20th. Robert W. Baird boosted their target price on shares of EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a research note on Friday, February 27th. UBS Group boosted their target price on shares of EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, DA Davidson boosted their target price on shares of EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, EMCOR Group has an average rating of “Moderate Buy” and a consensus target price of $799.29.

EMCOR Group Price Performance

EME opened at $931.42 on Tuesday. The firm has a market capitalization of $41.39 billion, a price-to-earnings ratio of 31.25 and a beta of 1.17. EMCOR Group, Inc. has a fifty-two week low of $450.68 and a fifty-two week high of $951.96. The company’s 50 day moving average price is $787.83 and its two-hundred day moving average price is $715.68.

EMCOR Group (NYSE:EME) last announced its earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.90 by $0.94. The business had revenue of $4.63 billion during the quarter, compared to analyst estimates of $4.20 billion. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.EMCOR Group’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same period last year, the company earned $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, equities research analysts predict that EMCOR Group, Inc. will post 28.67 EPS for the current year.

EMCOR Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Thursday, April 16th were given 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 was Thursday, April 16th. EMCOR Group’s dividend payout ratio (DPR) is currently 5.37%.

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.