Eurizon Capital SGR S.p.A. Purchases New Shares in EMCOR Group, Inc. $EME

Eurizon Capital SGR S.p.A. acquired a new position in shares of EMCOR Group, Inc. (NYSE:EMEFree Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 37,044 shares of the construction company’s stock, valued at approximately $22,666,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Main Street Group LTD lifted its position in EMCOR Group by 110.0% during the third quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock worth $27,000 after purchasing an additional 22 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new stake in EMCOR Group during the fourth quarter worth about $26,000. Activest Wealth Management lifted its position in EMCOR Group by 800.0% during the fourth quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock worth $33,000 after purchasing an additional 48 shares during the period. Richardson Financial Services Inc. lifted its position in EMCOR Group by 71.9% during the fourth quarter. Richardson Financial Services Inc. now owns 55 shares of the construction company’s stock worth $34,000 after purchasing an additional 23 shares during the period. Finally, Elyxium Wealth LLC bought a new stake in EMCOR Group during the fourth quarter worth about $37,000. Institutional investors own 92.59% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. DA Davidson upped their price objective on shares of EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. Stifel Nicolaus set a $918.00 price objective on shares of EMCOR Group in a research report on Thursday, April 30th. Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Zacks Research cut shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a report on Monday, April 20th. Ten analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, EMCOR Group has an average rating of “Moderate Buy” and a consensus target price of $836.88.

Get Our Latest Report on EME

Insiders Place Their Bets

In related news, CFO Jason R. Nalbandian sold 800 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $856.43, for a total value of $685,144.00. Following the completion of the transaction, the chief financial officer owned 18,157 shares in the company, valued at $15,550,199.51. This trade represents a 4.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director William P. Reid sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $925.78, for a total transaction of $1,851,560.00. Following the completion of the transaction, the director 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 position. The SEC filing for this sale provides additional information. Insiders have sold 45,077 shares of company stock worth $34,416,471 over the last quarter. 0.83% of the stock is currently owned by corporate insiders.

EMCOR Group Trading Down 2.7%

EME stock opened at $825.34 on Friday. The stock has a market capitalization of $36.68 billion, a P/E ratio of 27.69 and a beta of 1.17. EMCOR Group, Inc. has a 12 month low of $455.14 and a 12 month high of $951.96. The firm has a 50-day moving average price of $829.32 and a 200-day moving average price of $733.01.

EMCOR Group (NYSE:EMEGet Free Report) last posted its earnings results on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, topping analysts’ consensus estimates of $5.90 by $0.94. The firm had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $4.20 billion. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The business’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, equities analysts predict that EMCOR Group, Inc. will post 28.84 EPS for the current fiscal year.

EMCOR Group Announces Dividend

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

About EMCOR Group

(Free Report)

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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Institutional Ownership by Quarter for EMCOR Group (NYSE:EME)

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