State of Wyoming Buys Shares of 955 EMCOR Group, Inc. $EME

State of Wyoming bought a new stake in EMCOR Group, Inc. (NYSE:EME) during the 2nd quarter, Holdings Channel reports. The fund bought 955 shares of the construction company’s stock, valued at approximately $793,000.

Other institutional investors also recently modified their holdings of the company. Great Lakes Advisors LLC raised its stake in shares of EMCOR Group by 32.3% during the first 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 last quarter. Geneos Wealth Management Inc. lifted its holdings in EMCOR Group by 93.0% in the first quarter. Geneos Wealth Management Inc. now owns 220 shares of the construction company’s stock valued at $81,000 after buying an additional 106 shares during the period. 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.

Insider Activity at EMCOR Group

In other news, Director Carol P. Lowe sold 950 shares of the business’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $844.50, for a total value of $802,275.00. Following the sale, the director directly owned 17,278 shares in the company, valued at $14,591,271. The trade was a 5.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.73% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages have commented on EME. Cantor Fitzgerald dropped their target price on shares of EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating for the company in a research report on Monday, August 10th. Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a research report on Friday, July 17th. Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Stifel Nicolaus set a $918.00 price objective on EMCOR Group in a report on Thursday, April 30th. Finally, UBS Group upped their price objective on EMCOR Group from $975.00 to $1,065.00 and gave the company a “buy” rating in a report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, EMCOR Group presently has a consensus rating of “Buy” and an average price target of $965.86.

EMCOR Group Stock Up 0.1%

Shares of EME stock opened at $837.20 on Monday. EMCOR Group, Inc. has a 12-month low of $564.92 and a 12-month high of $951.96. The firm has a fifty day moving average of $797.43 and a 200-day moving average of $797.89. The company has a market capitalization of $36.93 billion, a price-to-earnings ratio of 26.04 and a beta of 1.14.

EMCOR Group (NYSE:EME) last posted its quarterly earnings data on Thursday, July 30th. The construction company reported $9.06 EPS for the quarter, beating the consensus estimate of $7.23 by $1.83. The business had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $4.71 billion. EMCOR Group had a net margin of 7.74% and a return on equity of 35.49%. The firm’s revenue was up 19.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $6.72 EPS. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. On average, equities analysts expect that EMCOR Group, Inc. will post 33.04 EPS for the current year.

EMCOR Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th were paid a $0.40 dividend. The ex-dividend date of this dividend was Wednesday, July 15th. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio (DPR) is currently 4.98%.

EMCOR Group 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.