PBU The Pension Fund of Early Childhood & Youth Educators bought a new position in shares of EMCOR Group, Inc. (NYSE:EME – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 14,752 shares of the construction company’s stock, valued at approximately $9,025,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Asahi Life Asset Management CO. LTD. purchased a new position in shares of EMCOR Group in the 3rd quarter valued at about $445,000. Wealth Enhancement Advisory Services LLC increased its holdings in shares of EMCOR Group by 12.9% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 12,149 shares of the construction company’s stock valued at $7,972,000 after acquiring an additional 1,389 shares during the last quarter. Public Sector Pension Investment Board increased its holdings in shares of EMCOR Group by 18.7% in the 3rd quarter. Public Sector Pension Investment Board now owns 23,982 shares of the construction company’s stock valued at $15,577,000 after acquiring an additional 3,783 shares during the last quarter. Sierra Summit Advisors LLC purchased a new position in shares of EMCOR Group in the 3rd quarter valued at about $5,459,000. Finally, Navellier & Associates Inc. increased its holdings in shares of EMCOR Group by 2.0% in the 3rd quarter. Navellier & Associates Inc. now owns 33,279 shares of the construction company’s stock valued at $21,616,000 after acquiring an additional 658 shares during the last quarter. 92.59% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on EME shares. Oppenheimer started coverage on EMCOR Group in a report on Thursday, May 28th. They issued an “outperform” rating and a $1,100.00 price objective on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a report on Monday, April 20th. Stifel Nicolaus set a $918.00 price objective on EMCOR Group in a report on Thursday, April 30th. Zacks Research downgraded EMCOR Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 26th. Finally, DA Davidson upped their target price on EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a research report on Friday, February 27th. Ten analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $836.88.
EMCOR Group Stock Down 3.4%
EME opened at $817.00 on Friday. The business has a 50 day moving average price of $837.60 and a two-hundred day moving average price of $739.90. The company has a market cap of $36.31 billion, a PE ratio of 27.41 and a beta of 1.12. EMCOR Group, Inc. has a 52 week low of $455.14 and a 52 week high of $951.96.
EMCOR Group (NYSE:EME – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, beating the consensus estimate 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 return on equity of 35.19% and a net margin of 7.54%.The firm’s revenue was up 19.7% compared to the same quarter last year. During the same period in the prior year, the business earned $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, sell-side analysts expect that EMCOR Group, Inc. will post 29.22 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 dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Thursday, April 16th. EMCOR Group’s dividend payout ratio is currently 5.37%.
Insiders Place Their Bets
In related news, CFO Jason R. Nalbandian sold 800 shares of the company’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $856.43, for a total transaction of $685,144.00. Following the transaction, the chief financial officer owned 18,157 shares of the company’s stock, valued at $15,550,199.51. This represents a 4.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Steven Schwarzwaelder sold 5,602 shares of the business’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 owned 15,875 shares in the company, valued at approximately $14,211,141.25. The trade was a 26.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 9,077 shares of company stock worth $8,155,191. Insiders own 0.83% of the company’s stock.
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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