Diversify Wealth Management LLC Takes $741,000 Position in EMCOR Group, Inc. $EME

Diversify Wealth Management LLC bought a new stake in EMCOR Group, Inc. (NYSE:EME) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 1,003 shares of the construction company’s stock, valued at approximately $741,000.

A number of other large investors have also bought and sold shares of EME. Valmark Advisers Inc. lifted its holdings in EMCOR Group by 12.3% during the 1st quarter. Valmark Advisers Inc. now owns 2,939 shares of the construction company’s stock worth $2,170,000 after buying an additional 321 shares in the last quarter. Kaizen Financial Strategies boosted its stake in EMCOR Group by 5.1% during the 1st quarter. Kaizen Financial Strategies now owns 413 shares of the construction company’s stock worth $327,000 after acquiring an additional 20 shares during the last quarter. Seneca House Advisors grew its holdings in shares of EMCOR Group by 4.4% in the 1st quarter. Seneca House Advisors now owns 6,535 shares of the construction company’s stock valued at $4,825,000 after buying an additional 273 shares during the period. Citizens Financial Group Inc. RI increased its holdings in shares of EMCOR Group by 104.6% in the first quarter. Citizens Financial Group Inc. RI now owns 980 shares of the construction company’s stock worth $724,000 after acquiring an additional 501 shares in the last quarter. Finally, Fifth Third Bancorp grew its position in shares of EMCOR Group by 482.9% in the 1st quarter. Fifth Third Bancorp now owns 13,500 shares of the construction company’s stock valued at $9,967,000 after purchasing an additional 11,184 shares during the period. 92.59% of the stock is currently owned by institutional investors.

Insider Buying and Selling at EMCOR Group

In other EMCOR Group 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 transaction of $685,144.00. Following the completion of the transaction, the chief financial officer owned 18,157 shares in the company, valued at approximately $15,550,199.51. This trade represents a 4.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Steven Schwarzwaelder sold 5,602 shares of the business’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $895.19, for a total transaction of $5,014,854.38. Following the completion of the transaction, 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 position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 10,027 shares of company stock worth $8,957,466. Company insiders own 0.83% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a research report on Monday, April 20th. Oppenheimer began coverage on EMCOR Group in a report on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 target price on the stock. Cantor Fitzgerald reissued an “overweight” rating and issued a $1,123.00 target price on shares of EMCOR Group in a research note on Tuesday, June 16th. Stifel Nicolaus set a $918.00 price target on shares of EMCOR Group in a research note on Thursday, April 30th. Finally, Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $871.25.

EMCOR Group Stock Down 2.4%

EME stock opened at $751.06 on Friday. The firm has a market cap of $33.38 billion, a P/E ratio of 25.20 and a beta of 1.13. The company’s 50-day moving average price is $832.79 and its two-hundred day moving average price is $779.94. EMCOR Group, Inc. has a 12 month low of $540.00 and a 12 month high of $951.96.

EMCOR Group (NYSE:EME) last issued its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.90 by $0.94. The company had revenue of $4.63 billion for the quarter, compared to analyst estimates of $4.20 billion. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The company’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same quarter last year, the company posted $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. Equities analysts predict that EMCOR Group, Inc. will post 29.37 EPS for the current year.

EMCOR Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Wednesday, July 15th. EMCOR Group’s payout ratio is 5.37%.

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.