EMCOR Group (NYSE:EME) Director Sells $1,851,560.00 in Stock

EMCOR Group, Inc. (NYSE:EME) Director William Reid sold 2,000 shares of EMCOR Group stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $925.78, for a total value of $1,851,560.00. Following the completion of the transaction, the director directly owned 10,149 shares of the company’s stock, valued at approximately $9,395,741.22. This trade represents a 16.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

EMCOR Group Trading Down 1.7%

EME stock opened at $914.03 on Friday. The stock has a 50-day moving average price of $802.92 and a 200-day moving average price of $721.75. EMCOR Group, Inc. has a 1-year low of $450.68 and a 1-year high of $951.96. The firm has a market cap of $40.62 billion, a PE ratio of 30.66 and a beta of 1.17.

EMCOR Group (NYSE:EME) last posted its quarterly earnings data on Wednesday, April 29th. The construction company reported $6.84 earnings per share for the quarter, topping the consensus estimate of $5.90 by $0.94. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The firm had revenue of $4.63 billion during the quarter, compared to analyst estimates of $4.20 billion. During the same period last year, the company posted $5.41 EPS. The business’s quarterly 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. On average, analysts forecast that EMCOR Group, Inc. will post 28.67 earnings per share for the current year.

EMCOR Group Dividend Announcement

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

Analyst Ratings Changes

EME has been the subject of several research analyst reports. Zacks Research raised EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. Robert W. Baird raised their target price on EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a research note on Friday, February 27th. Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Stifel Nicolaus set a $918.00 target price on EMCOR Group in a research report on Thursday, April 30th. Finally, Cantor Fitzgerald initiated coverage on EMCOR Group in a research report on Tuesday, March 10th. They issued an “overweight” rating and a $848.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, EMCOR Group has an average rating of “Moderate Buy” and a consensus price target of $799.29.

Institutional Trading of EMCOR Group

Hedge funds and other 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 valued at about $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in EMCOR Group during the 4th quarter valued at about $26,000. Main Street Group LTD boosted its stake in EMCOR Group by 110.0% during the 3rd 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 during the last quarter. Ascentis Independent Advisors acquired a new position in EMCOR Group during the 1st quarter valued at about $27,000. Finally, Zions Bancorporation National Association UT acquired a new position in EMCOR Group during the 4th quarter valued at about $28,000. 92.59% of the stock is owned by institutional investors.

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.