EMCOR Group, Inc. $EME Shares Acquired by Prestige Wealth Management Group LLC

Prestige Wealth Management Group LLC lifted its stake in shares of EMCOR Group, Inc. (NYSE:EME) by 2,171.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 795 shares of the construction company’s stock after buying an additional 760 shares during the quarter. Prestige Wealth Management Group LLC’s holdings in EMCOR Group were worth $486,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Argent Advisors Inc. grew its position in shares of EMCOR Group by 3.4% during the fourth quarter. Argent Advisors Inc. now owns 2,177 shares of the construction company’s stock worth $1,332,000 after buying an additional 71 shares in the last quarter. Vise Technologies Inc. grew its position in shares of EMCOR Group by 21.0% during the fourth quarter. Vise Technologies Inc. now owns 2,473 shares of the construction company’s stock worth $1,513,000 after buying an additional 429 shares in the last quarter. Verus Capital Partners LLC grew its position in shares of EMCOR Group by 11.0% during the fourth quarter. Verus Capital Partners LLC now owns 860 shares of the construction company’s stock worth $526,000 after buying an additional 85 shares in the last quarter. TD Asset Management Inc grew its position in shares of EMCOR Group by 5.9% during the fourth quarter. TD Asset Management Inc now owns 287,846 shares of the construction company’s stock worth $176,101,000 after buying an additional 15,958 shares in the last quarter. Finally, Lido Advisors LLC grew its position in shares of EMCOR Group by 11.5% during the fourth quarter. Lido Advisors LLC now owns 749 shares of the construction company’s stock worth $483,000 after buying an additional 77 shares in the last quarter. Institutional investors and hedge funds own 92.59% of the company’s stock.

EMCOR Group Price Performance

EMCOR Group stock opened at $847.53 on Friday. The company has a market cap of $37.66 billion, a PE ratio of 28.43 and a beta of 1.12. The company has a fifty day moving average price of $836.52 and a two-hundred day moving average price of $739.35. EMCOR Group, Inc. has a 12 month low of $455.14 and a 12 month high of $951.96.

EMCOR Group (NYSE:EME) last released its quarterly earnings data 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 the consensus estimate of $4.20 billion. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The firm’s revenue was up 19.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. Equities research analysts anticipate that EMCOR Group, Inc. will post 28.84 earnings per share for the current year.

EMCOR Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th were paid 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 presently 5.37%.

Wall Street Analyst Weigh In

EME has been the topic of several research analyst reports. Stifel Nicolaus set a $918.00 price objective on EMCOR Group in a research note on Thursday, April 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a report on Monday, April 20th. DA Davidson lifted 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. UBS Group lifted their price objective on shares of EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Finally, Oppenheimer initiated coverage on shares of EMCOR Group in a report on Thursday, May 28th. They issued an “outperform” rating and a $1,100.00 price objective for the company. Ten equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, EMCOR Group currently has a consensus rating of “Moderate Buy” and an average target price of $836.88.

Insider Buying and Selling

In other EMCOR Group news, Director Steven Schwarzwaelder sold 5,602 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $895.19, for a total value of $5,014,854.38. Following the sale, the director directly owned 15,875 shares in the company, valued at approximately $14,211,141.25. This trade represents a 26.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director William P. Reid sold 2,000 shares of the firm’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $925.78, for a total value of $1,851,560.00. Following the completion of the sale, the director owned 10,149 shares in the company, valued at $9,395,741.22. The trade was a 16.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 9,077 shares of company stock valued at $8,155,191. 0.83% of the stock is owned by corporate insiders.

EMCOR Group 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.