PFA Pension Forsikringsaktieselskab purchased a new position in shares of EMCOR Group, Inc. (NYSE:EME – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 100,608 shares of the construction company’s stock, valued at approximately $62,105,000. PFA Pension Forsikringsaktieselskab owned 0.22% of EMCOR Group at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of EME. Main Street Group LTD grew its position in shares of EMCOR Group by 110.0% in the third quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock valued at $27,000 after purchasing an additional 22 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of EMCOR Group in the fourth quarter valued at $26,000. Quent Capital LLC purchased a new position in shares of EMCOR Group in the third quarter valued at $29,000. Orion Capital Management LLC purchased a new position in shares of EMCOR Group in the third quarter valued at $31,000. Finally, Activest Wealth Management grew its position in shares of EMCOR Group by 800.0% in 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 in the last quarter. 92.59% of the stock is currently owned by institutional investors.
Insider Buying and Selling at EMCOR Group
In other news, CEO Anthony Guzzi sold 36,000 shares of the business’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $729.48, for a total value of $26,261,280.00. Following the completion of the sale, the chief executive officer owned 170,299 shares of the company’s stock, valued at approximately $124,229,714.52. The trade was a 17.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.83% of the company’s stock.
EMCOR Group Trading Up 1.4%
EMCOR Group (NYSE:EME – Get Free Report) last released its earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share for the quarter, beating analysts’ consensus estimates of $5.90 by $0.94. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The company had revenue of $4.63 billion during the quarter, compared to analyst estimates of $4.20 billion. During the same quarter in the previous year, the company posted $5.41 EPS. EMCOR Group’s revenue for the quarter was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, equities research analysts forecast that EMCOR Group, Inc. will post 28.53 earnings per share for the current fiscal year.
EMCOR Group Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were paid 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 of this dividend was Thursday, April 16th. EMCOR Group’s payout ratio is 5.37%.
Analyst Upgrades and Downgrades
Several research firms recently commented on EME. Cantor Fitzgerald began coverage on EMCOR Group in a research report on Tuesday, March 10th. They set an “overweight” rating and a $848.00 target price for the company. DA Davidson boosted their target price on EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. UBS Group boosted their target price on EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Zacks Research upgraded EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. Finally, Wall Street Zen upgraded EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $799.29.
View Our Latest Research Report on EME
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.
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