Analysts Set EMCOR Group, Inc. (NYSE:EME) Target Price at $965.86

EMCOR Group, Inc. (NYSE:EME) has been assigned a consensus rating of “Buy” from the ten analysts that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, eight have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $965.8571.

A number of research firms have weighed in on EME. DA Davidson set a $1,047.00 target price on shares of EMCOR Group in a research note on Monday, August 10th. UBS Group boosted their price objective on EMCOR Group from $975.00 to $1,065.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Cantor Fitzgerald dropped their target price on EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating for the company in a report on Monday, August 10th. Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a report on Friday, July 17th.

Insider Buying and Selling

In other EMCOR Group news, Director Carol P. Lowe sold 950 shares of EMCOR Group stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total transaction of $802,275.00. Following the transaction, the director directly owned 17,278 shares of the company’s stock, 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 Securities & Exchange Commission, which is accessible through the SEC website. 0.73% of the stock is owned by company insiders.

Institutional Trading of EMCOR Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. increased its stake in EMCOR Group by 3.8% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 356 shares of the construction company’s stock valued at $270,000 after buying an additional 13 shares during the period. PAX Financial Group LLC lifted its stake in shares of EMCOR Group by 3.6% in the 4th quarter. PAX Financial Group LLC now owns 404 shares of the construction company’s stock worth $247,000 after acquiring an additional 14 shares during the period. Advisors Capital Management LLC lifted its stake in shares of EMCOR Group by 3.4% in the 4th quarter. Advisors Capital Management LLC now owns 450 shares of the construction company’s stock worth $275,000 after acquiring an additional 15 shares during the period. First National Bank of Hutchinson boosted its holdings in shares of EMCOR Group by 0.9% in the fourth quarter. First National Bank of Hutchinson now owns 1,614 shares of the construction company’s stock valued at $987,000 after acquiring an additional 15 shares in the last quarter. Finally, KPP Advisory Services LLC boosted its holdings in shares of EMCOR Group by 3.9% in the fourth quarter. KPP Advisory Services LLC now owns 399 shares of the construction company’s stock valued at $244,000 after acquiring an additional 15 shares in the last quarter. Institutional investors and hedge funds own 92.59% of the company’s stock.

EMCOR Group Stock Down 4.5%

EMCOR Group stock opened at $823.87 on Wednesday. EMCOR Group has a 52-week low of $564.92 and a 52-week high of $951.96. The firm has a market capitalization of $36.34 billion, a price-to-earnings ratio of 25.63 and a beta of 1.14. The company has a fifty day simple moving average of $798.19 and a 200-day simple moving average of $799.61.

EMCOR Group (NYSE:EME) last issued its earnings results on Thursday, July 30th. The construction company reported $9.06 EPS for the quarter, beating analysts’ consensus estimates of $7.23 by $1.83. The business had revenue of $5.15 billion during 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 company’s quarterly revenue was up 19.7% compared to the same quarter last year. During the same period in the prior year, the business earned $6.72 earnings per share. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. On average, research analysts anticipate that EMCOR Group will post 33.04 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Wednesday, July 15th 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 was Wednesday, July 15th. EMCOR Group’s dividend payout ratio (DPR) is presently 4.98%.

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.