EMCOR Group, Inc. $EME Shares Acquired by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al lifted its position in EMCOR Group, Inc. (NYSE:EME) by 98.6% in the 4th quarter, Holdings Channel reports. The fund owned 91,573 shares of the construction company’s stock after buying an additional 45,473 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in EMCOR Group were worth $56,023,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of EMCOR Group in the 4th quarter valued at approximately $26,000. Main Street Group LTD lifted its position in shares of EMCOR Group by 110.0% in the 3rd quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock valued at $27,000 after acquiring an additional 22 shares in the last quarter. Quent Capital LLC purchased a new stake in shares of EMCOR Group in the 3rd quarter valued at approximately $29,000. Orion Capital Management LLC purchased a new stake in EMCOR Group in the 3rd quarter worth approximately $31,000. Finally, Activest Wealth Management lifted its position in EMCOR Group by 800.0% in the 4th quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock worth $33,000 after buying an additional 48 shares in the last quarter. Hedge funds and other institutional investors own 92.59% of the company’s stock.

Wall Street Analyst Weigh In

EME has been the topic of a number of research analyst reports. UBS Group raised their target price on shares of EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a research note on Monday, April 20th. Cantor Fitzgerald initiated coverage on shares of EMCOR Group in a research report on Tuesday, March 10th. They issued an “overweight” rating and a $848.00 price target on the stock. Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, DA Davidson raised their price objective on shares of EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a report on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, EMCOR Group currently has a consensus rating of “Moderate Buy” and an average price target of $799.29.

EMCOR Group Trading Down 0.7%

Shares of NYSE EME opened at $925.23 on Wednesday. EMCOR Group, Inc. has a 1-year low of $450.68 and a 1-year high of $951.96. The company has a market cap of $41.12 billion, a PE ratio of 31.04 and a beta of 1.17. The company has a 50-day moving average of $791.84 and a two-hundred day moving average of $717.52.

EMCOR Group (NYSE:EME) last issued its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, topping the consensus estimate of $5.90 by $0.94. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The company had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $4.20 billion. During the same quarter in the previous year, the company earned $5.41 EPS. EMCOR Group’s revenue 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 28.67 earnings per share for the current year.

EMCOR Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Thursday, April 16th. EMCOR Group’s dividend payout ratio is 5.37%.

Insider Activity at EMCOR Group

In other news, VP Robert Peter Lind sold 675 shares of the business’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $894.27, for a total value of $603,632.25. Following the sale, the vice president owned 4,216 shares of the company’s stock, valued at $3,770,242.32. The trade was a 13.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Anthony Guzzi sold 36,000 shares of the business’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $729.48, for a total transaction of $26,261,280.00. Following the completion of the sale, the chief executive officer directly owned 170,299 shares in the company, valued at approximately $124,229,714.52. This represents a 17.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 43,077 shares of company stock worth $32,564,911 over the last ninety days. 1.26% of the stock is owned by corporate insiders.

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.