OMERS ADMINISTRATION Corp Purchases 875 Shares of EMCOR Group, Inc. $EME

OMERS ADMINISTRATION Corp raised its position in shares of EMCOR Group, Inc. (NYSE:EME) by 24.8% during the 1st quarter, Holdings Channel reports. The fund owned 4,408 shares of the construction company’s stock after purchasing an additional 875 shares during the period. OMERS ADMINISTRATION Corp’s holdings in EMCOR Group were worth $3,254,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Swiss RE Ltd. purchased a new position in shares of EMCOR Group in the fourth quarter valued at $25,000. Ascentis Independent Advisors purchased a new stake in EMCOR Group during the first quarter valued at $27,000. Zions Bancorporation National Association UT bought a new position in EMCOR Group during the fourth quarter valued at $28,000. Activest Wealth Management lifted its position in EMCOR Group by 800.0% during the fourth quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock valued at $33,000 after purchasing an additional 48 shares during the last quarter. Finally, Richardson Financial Services Inc. grew its stake in shares of EMCOR Group by 71.9% in the 4th quarter. Richardson Financial Services Inc. now owns 55 shares of the construction company’s stock worth $34,000 after buying an additional 23 shares in the last quarter. 92.59% of the stock is currently owned by institutional investors.

EMCOR Group Stock Down 0.1%

EME stock opened at $743.81 on Tuesday. EMCOR Group, Inc. has a twelve month low of $564.92 and a twelve month high of $951.96. The stock has a market capitalization of $33.05 billion, a price-to-earnings ratio of 24.95 and a beta of 1.13. The firm’s fifty day simple moving average is $809.61 and its two-hundred day simple moving average is $785.90.

EMCOR Group (NYSE:EME) last released 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 firm had revenue of $4.63 billion during the quarter, compared to analyst estimates of $4.20 billion. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The business’s revenue was up 19.7% on a year-over-year basis. During the same quarter last year, the business earned $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, equities research analysts expect that EMCOR Group, Inc. will post 29.37 EPS for the current year.

EMCOR Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Wednesday, July 15th. EMCOR Group’s payout ratio is 5.37%.

Insider Buying and Selling at EMCOR Group

In related news, Director Carol P. Lowe sold 950 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $844.50, for a total transaction of $802,275.00. Following the completion of the sale, the director directly owned 17,278 shares of the company’s stock, valued at approximately $14,591,271. This trade represents a 5.21% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Steven Schwarzwaelder sold 5,602 shares of the firm’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 of the company’s stock, valued at $14,211,141.25. This represents a 26.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 10,027 shares of company stock valued at $8,957,466. 0.73% of the stock is owned by company insiders.

Analyst Ratings Changes

EME has been the topic of a number of research reports. Wall Street Zen upgraded shares of EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Oppenheimer started coverage on shares of EMCOR Group in a report on Thursday, May 28th. They issued an “outperform” rating and a $1,100.00 price target for the company. Stifel Nicolaus set a $918.00 price target on EMCOR Group in a research report on Thursday, April 30th. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research note on Friday, July 17th. Finally, Zacks Research upgraded EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, EMCOR Group presently has a consensus rating of “Moderate Buy” and an average target price of $871.25.

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.