1,000 Shares in EMCOR Group, Inc. $EME Purchased by OVERSEA CHINESE BANKING Corp Ltd

OVERSEA CHINESE BANKING Corp Ltd bought a new stake in EMCOR Group, Inc. (NYSE:EME) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,000 shares of the construction company’s stock, valued at approximately $830,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EME. BlackRock Inc. bought a new stake in shares of EMCOR Group in the 2nd quarter valued at about $3,416,412,000. State Street Corp boosted its holdings in shares of EMCOR Group by 2.2% during the fourth quarter. State Street Corp now owns 1,893,792 shares of the construction company’s stock worth $1,158,603,000 after acquiring an additional 40,801 shares during the period. Geode Capital Management LLC grew its holdings in EMCOR Group by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 1,425,523 shares of the construction company’s stock valued at $869,343,000 after buying an additional 7,790 shares in the last quarter. Victory Capital Management Inc. increased its position in EMCOR Group by 34.5% during the fourth quarter. Victory Capital Management Inc. now owns 1,276,966 shares of the construction company’s stock worth $781,239,000 after acquiring an additional 327,606 shares during the period. Finally, Invesco Ltd. increased its holdings in shares of EMCOR Group by 10.5% during the fourth quarter. Invesco Ltd. now owns 799,271 shares of the construction company’s stock worth $488,986,000 after purchasing an additional 75,692 shares during the period. 92.59% of the stock is owned by institutional investors.

Insider Transactions at EMCOR Group

In related news, Director Carol P. Lowe sold 950 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total transaction of $802,275.00. Following the sale, the director owned 17,278 shares of the company’s stock, valued at approximately $14,591,271. This represents a 5.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.73% of the company’s stock.

EMCOR Group Stock Performance

EMCOR Group stock opened at $777.68 on Friday. The stock has a market cap of $34.30 billion, a PE ratio of 24.19 and a beta of 1.14. The firm’s 50-day simple moving average is $797.37 and its 200 day simple moving average is $800.45. EMCOR Group, Inc. has a fifty-two week low of $564.92 and a fifty-two week high of $951.96.

EMCOR Group (NYSE:EME) last announced its earnings results on Thursday, July 30th. The construction company reported $9.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.23 by $1.83. EMCOR Group had a return on equity of 35.49% and a net margin of 7.74%.The firm had revenue of $5.15 billion during the quarter, compared to analyst estimates of $4.71 billion. During the same period last year, the firm posted $6.72 EPS. The business’s revenue was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. As a group, analysts predict that EMCOR Group, Inc. will post 33.04 EPS for the current fiscal year.

EMCOR Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, July 15th. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. EMCOR Group’s payout ratio is presently 4.98%.

Analyst Ratings Changes

Several equities analysts have commented on EME shares. Stifel Nicolaus set a $918.00 target price on shares of EMCOR Group in a report on Thursday, April 30th. DA Davidson set a $1,047.00 target price on EMCOR Group in a research report on Monday, August 10th. Zacks Research raised shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Cantor Fitzgerald decreased their target price on shares of EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating for the company in a research report on Monday, August 10th. Finally, Oppenheimer boosted their price target on shares of EMCOR Group from $1,100.00 to $1,200.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $965.86.

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.