Inspire Investing LLC Purchases 992 Shares of EMCOR Group, Inc. $EME

Inspire Investing LLC grew its position in EMCOR Group, Inc. (NYSE:EME) by 6.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,941 shares of the construction company’s stock after purchasing an additional 992 shares during the period. EMCOR Group makes up approximately 1.0% of Inspire Investing LLC’s investment portfolio, making the stock its 10th largest holding. Inspire Investing LLC’s holdings in EMCOR Group were worth $11,769,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of EME. Swiss RE Ltd. bought a new stake in EMCOR Group in the 4th quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in EMCOR Group during the 4th quarter worth approximately $26,000. Zions Bancorporation National Association UT bought a new position in shares of EMCOR Group during the 4th quarter worth approximately $28,000. Activest Wealth Management raised its holdings in shares of EMCOR Group by 800.0% in the fourth quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock valued at $33,000 after purchasing an additional 48 shares during the last quarter. Finally, Richardson Financial Services Inc. raised its holdings in shares of EMCOR Group by 71.9% in the fourth quarter. Richardson Financial Services Inc. now owns 55 shares of the construction company’s stock valued at $34,000 after purchasing an additional 23 shares during the last quarter. 92.59% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on EME. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research report on Monday, April 20th. Oppenheimer began coverage on shares of EMCOR Group in a research report on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 price target on the stock. Cantor Fitzgerald restated an “overweight” rating and set a $1,123.00 price objective on shares of EMCOR Group in a research note on Tuesday, June 16th. Wall Street Zen upgraded EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, UBS Group lifted their target price on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $871.25.

Insider Buying and Selling

In other news, Director Steven Schwarzwaelder sold 5,602 shares of the stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $895.19, for a total transaction of $5,014,854.38. Following the transaction, the director 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Carol P. Lowe sold 950 shares of EMCOR Group stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $844.50, for a total value of $802,275.00. Following the sale, the director directly owned 17,278 shares of the company’s stock, valued at approximately $14,591,271. The trade was a 5.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 10,027 shares of company stock valued at $8,957,466 in the last ninety days. 1.26% of the stock is currently owned by company insiders.

EMCOR Group Trading Up 2.2%

Shares of NYSE EME opened at $815.63 on Tuesday. The company has a market capitalization of $36.25 billion, a P/E ratio of 27.36 and a beta of 1.12. EMCOR Group, Inc. has a 12 month low of $516.91 and a 12 month high of $951.96. The stock has a 50 day moving average of $857.19 and a 200-day moving average of $765.48.

EMCOR Group (NYSE:EME) last posted its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share for the quarter, beating analysts’ consensus estimates of $5.90 by $0.94. The business had revenue of $4.63 billion for the quarter, compared to analysts’ expectations 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 for the quarter was up 19.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. Analysts predict that EMCOR Group, Inc. will post 29.37 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

The company also recently announced 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 is presently 5.37%.

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.