1,209 Shares in EMCOR Group, Inc. $EME Purchased by D.B. Root & Company LLC

D.B. Root & Company LLC bought a new stake in EMCOR Group, Inc. (NYSE:EME) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,209 shares of the construction company’s stock, valued at approximately $1,003,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of EME. Whittier Trust Co. of Nevada Inc. grew its position in EMCOR Group by 3.8% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 356 shares of the construction company’s stock worth $270,000 after purchasing an additional 13 shares during the period. PAX Financial Group LLC increased its stake in shares of EMCOR Group by 3.6% during the fourth quarter. PAX Financial Group LLC now owns 404 shares of the construction company’s stock worth $247,000 after purchasing an additional 14 shares in the last quarter. First National Bank of Hutchinson boosted its stake in shares of EMCOR Group by 0.9% in the fourth quarter. First National Bank of Hutchinson now owns 1,614 shares of the construction company’s stock worth $987,000 after acquiring an additional 15 shares during the last quarter. Advisors Capital Management LLC grew its holdings in shares of EMCOR Group by 3.4% during the fourth quarter. Advisors Capital Management LLC now owns 450 shares of the construction company’s stock worth $275,000 after buying an additional 15 shares in the last quarter. Finally, KPP Advisory Services LLC lifted its stake in EMCOR Group by 3.9% in the 4th quarter. KPP Advisory Services LLC now owns 399 shares of the construction company’s stock worth $244,000 after purchasing an additional 15 shares in the last quarter. Institutional investors and hedge funds own 92.59% of the company’s stock.

Insider Buying and Selling

In related news, Director Carol P. Lowe sold 950 shares of the stock in a transaction 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 transaction, the director owned 17,278 shares of the company’s stock, valued at $14,591,271. This represents a 5.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.73% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on EME. Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Zacks Research raised shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a report on Friday, July 17th. Oppenheimer increased their price objective on 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. Finally, DA Davidson set a $1,047.00 target price on EMCOR Group in a research note on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, EMCOR Group currently has a consensus rating of “Buy” and an average price target of $965.86.

EMCOR Group Price Performance

EME opened at $777.68 on Monday. The business has a fifty day moving average price of $797.37 and a 200 day moving average price of $800.94. EMCOR Group, Inc. has a 12 month low of $564.92 and a 12 month high of $951.96. The stock has a market capitalization of $34.30 billion, a price-to-earnings ratio of 24.19 and a beta of 1.14.

EMCOR Group (NYSE:EME) last issued its earnings results on Thursday, July 30th. The construction company reported $9.06 earnings per share for the quarter, beating the consensus estimate of $7.23 by $1.83. EMCOR Group had a net margin of 7.74% and a return on equity of 35.49%. The firm had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $4.71 billion. During the same quarter last year, the company earned $6.72 earnings per share. The firm’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. On average, research analysts anticipate that EMCOR Group, Inc. will post 33.04 earnings per share for the current year.

EMCOR Group Dividend Announcement

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

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.