EMCOR Group, Inc. (NYSE:EME) Receives $799.29 Average Price Target from Brokerages

EMCOR Group, Inc. (NYSE:EME) has been assigned a consensus recommendation of “Moderate Buy” from the thirteen analysts that are covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $799.2857.

A number of equities research analysts have weighed in on the company. Zacks Research upgraded EMCOR Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th. Wall Street Zen upgraded EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. DA Davidson raised their price objective on EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a research note on Friday, February 27th. UBS Group raised their price objective on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a research note on Monday, April 20th.

EMCOR Group Stock Down 0.1%

Shares of NYSE EME opened at $920.72 on Monday. EMCOR Group has a fifty-two week low of $436.61 and a fifty-two week high of $951.96. The business has a 50 day moving average price of $781.73 and a two-hundred day moving average price of $712.43. The firm has a market cap of $40.92 billion, a PE ratio of 30.89 and a beta of 1.17.

EMCOR Group (NYSE:EME) last issued its quarterly earnings data 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. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The firm had revenue of $4.63 billion during the quarter, compared to analyst estimates of $4.20 billion. During the same quarter last year, the firm earned $5.41 EPS. EMCOR Group’s quarterly revenue was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, analysts anticipate that EMCOR Group will post 28.67 earnings per share for the current 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 was Thursday, April 16th. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio (DPR) is presently 5.37%.

Insider Transactions at EMCOR Group

In other news, VP Robert Peter Lind sold 675 shares of EMCOR Group stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $894.27, for a total value of $603,632.25. Following the completion of the transaction, the vice president owned 4,216 shares in the company, valued at approximately $3,770,242.32. This trade represents a 13.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Jason R. Nalbandian sold 800 shares of EMCOR Group stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $856.43, for a total value of $685,144.00. Following the completion of the transaction, the chief financial officer owned 18,157 shares of the company’s stock, valued at approximately $15,550,199.51. The trade was a 4.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 43,077 shares of company stock worth $32,564,911 in the last quarter. Insiders own 1.26% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in EME. Vanguard Group Inc. grew its position in shares of EMCOR Group by 17.6% in the 3rd quarter. Vanguard Group Inc. now owns 5,332,636 shares of the construction company’s stock worth $3,463,760,000 after acquiring an additional 798,975 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of EMCOR Group by 132,234.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 669,611 shares of the construction company’s stock worth $409,661,000 after acquiring an additional 669,105 shares in the last quarter. Norges Bank acquired a new position in shares of EMCOR Group in the 4th quarter worth approximately $389,702,000. Bank of Montreal Can grew its position in shares of EMCOR Group by 425.8% in the 4th quarter. Bank of Montreal Can now owns 560,477 shares of the construction company’s stock worth $342,894,000 after acquiring an additional 453,876 shares in the last quarter. Finally, Victory Capital Management Inc. grew its position in shares of EMCOR Group by 34.5% in the 4th 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 in the last quarter. Institutional investors and hedge funds own 92.59% 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.