EMCOR Group, Inc. (NYSE:EME) Receives Average Rating of “Buy” from Brokerages

Shares of EMCOR Group, Inc. (NYSE:EME) have been assigned a consensus rating of “Buy” from the ten research firms that are covering the firm, Marketbeat reports. One 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 updated their coverage on the stock in the last year is $965.8571.

A number of equities research analysts have issued reports on EME shares. Oppenheimer increased their price objective on shares of EMCOR Group from $1,100.00 to $1,200.00 and gave the company an “outperform” rating in a report on Friday, July 31st. UBS Group boosted their target price on shares of EMCOR Group from $975.00 to $1,065.00 and gave the stock a “buy” rating in a report on Friday, July 31st. DA Davidson set a $1,047.00 target price on shares of EMCOR Group in a research report on Monday, August 10th. Cantor Fitzgerald cut 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 note on Monday, August 10th. Finally, Zacks Research upgraded shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th.

EMCOR Group Stock Up 1.7%

NYSE EME opened at $753.90 on Friday. The firm has a market cap of $33.25 billion, a price-to-earnings ratio of 23.45 and a beta of 1.13. The business has a 50-day moving average price of $779.10 and a 200-day moving average price of $799.59. EMCOR Group has a twelve month low of $564.92 and a twelve month high of $951.96.

EMCOR Group (NYSE:EME) last issued its earnings results on Thursday, July 30th. The construction company reported $9.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.23 by $1.83. EMCOR Group had a return on equity of 35.49% and a net margin of 7.74%.The company had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $4.71 billion. During the same quarter last year, the company earned $6.72 EPS. The firm’s quarterly revenue was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. Research analysts expect that EMCOR Group will post 33.04 EPS for the current fiscal year.

EMCOR Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th were given a dividend of $0.40 per share. The ex-dividend date was Wednesday, July 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio (DPR) is presently 4.98%.

Insider Activity

In other news, Director Carol Lowe sold 950 shares of EMCOR Group 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 of the company’s stock, valued at approximately $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 can be accessed through this hyperlink. Company insiders own 0.73% of the company’s stock.

Hedge Funds Weigh In On EMCOR Group

Institutional investors have recently added to or reduced their stakes in the company. Swiss RE Ltd. bought a new stake in EMCOR Group in the 4th quarter worth approximately $25,000. Ascentis Independent Advisors bought a new position in shares of EMCOR Group during the 1st quarter valued at approximately $27,000. NBH Bank bought a new position in shares of EMCOR Group during the 2nd quarter valued at approximately $27,000. Zions Bancorporation National Association UT purchased a new position in shares of EMCOR Group in the fourth quarter valued at $28,000. Finally, Basecamp Wealth Advisors LLC grew its holdings in shares of EMCOR Group by 4,700.0% in the first quarter. Basecamp Wealth Advisors LLC now owns 48 shares of the construction company’s stock valued at $35,000 after purchasing an additional 47 shares in the last quarter. Hedge funds and other institutional investors own 92.59% 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.