Bellwether Advisors LLC Buys 1,732 Shares of EMCOR Group, Inc. $EME

Bellwether Advisors LLC boosted its stake in EMCOR Group, Inc. (NYSE:EME) by 55.5% during the 1st quarter, HoldingsChannel.com reports. The fund owned 4,854 shares of the construction company’s stock after acquiring an additional 1,732 shares during the period. Bellwether Advisors LLC’s holdings in EMCOR Group were worth $3,584,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its holdings in EMCOR Group by 132,234.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 669,611 shares of the construction company’s stock worth $409,661,000 after purchasing an additional 669,105 shares during the last quarter. Norges Bank bought a new stake in shares of EMCOR Group in the 4th quarter valued at $389,702,000. Bank of Montreal Can increased its position in shares of EMCOR Group by 425.8% during the fourth quarter. Bank of Montreal Can now owns 560,477 shares of the construction company’s stock worth $342,894,000 after buying an additional 453,876 shares during the period. Victory Capital Management Inc. increased its position in shares of EMCOR Group by 34.5% during the fourth quarter. Victory Capital Management Inc. now owns 1,276,966 shares of the construction company’s stock worth $781,239,000 after buying an additional 327,606 shares during the period. Finally, Earnest Partners LLC bought a new position in EMCOR Group during the fourth quarter worth $156,714,000. Institutional investors and hedge funds own 92.59% of the company’s stock.

EMCOR Group Price Performance

Shares of EMCOR Group stock opened at $759.91 on Wednesday. The business has a 50-day simple moving average of $822.17 and a 200 day simple moving average of $782.70. EMCOR Group, Inc. has a one year low of $540.00 and a one year high of $951.96. The firm has a market capitalization of $33.77 billion, a price-to-earnings ratio of 25.49 and a beta of 1.13.

EMCOR Group (NYSE:EME) last announced its quarterly 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. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The business had revenue of $4.63 billion for the quarter, compared to analyst estimates of $4.20 billion. During the same quarter in the prior year, the company earned $5.41 earnings per share. The company’s quarterly revenue was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, sell-side analysts expect that EMCOR Group, Inc. will post 29.37 EPS for the current year.

EMCOR Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Wednesday, July 15th. EMCOR Group’s dividend payout ratio (DPR) is currently 5.37%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on EME shares. Stifel Nicolaus set a $918.00 target price on shares of EMCOR Group in a report on Thursday, April 30th. Cantor Fitzgerald reiterated an “overweight” rating and set a $1,123.00 price target on shares of EMCOR Group in a report on Tuesday, June 16th. Oppenheimer initiated coverage on EMCOR Group in a research report on Thursday, May 28th. They issued an “outperform” rating and a $1,100.00 price objective for the company. Zacks Research raised EMCOR Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $871.25.

Insider Buying and Selling

In other EMCOR Group news, Director Carol P. Lowe sold 950 shares of the business’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total transaction of $802,275.00. Following the completion of the sale, the director owned 17,278 shares in the company, valued at approximately $14,591,271. The trade was a 5.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Steven Schwarzwaelder sold 5,602 shares of the company’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $895.19, for a total transaction of $5,014,854.38. Following the transaction, the director owned 15,875 shares in the company, valued at approximately $14,211,141.25. The trade was a 26.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 10,027 shares of company stock worth $8,957,466 over the last quarter. Corporate insiders own 0.73% of the company’s stock.

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.