1,014 Shares in EMCOR Group, Inc. $EME Bought by RiverFront Investment Group LLC

RiverFront Investment Group LLC purchased a new stake in shares of EMCOR Group, Inc. (NYSE:EME) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,014 shares of the construction company’s stock, valued at approximately $620,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Passumpsic Savings Bank bought a new stake in EMCOR Group during the fourth quarter valued at about $1,726,000. Chase Investment Counsel Corp raised its holdings in EMCOR Group by 152.1% during the fourth quarter. Chase Investment Counsel Corp now owns 2,849 shares of the construction company’s stock valued at $1,742,000 after acquiring an additional 1,719 shares during the period. North Dakota State Investment Board bought a new stake in EMCOR Group during the fourth quarter valued at about $928,000. Elyxium Wealth LLC bought a new stake in EMCOR Group during the fourth quarter valued at about $37,000. Finally, Leuthold Group LLC bought a new stake in EMCOR Group during the fourth quarter valued at about $5,426,000. 92.59% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Cantor Fitzgerald assumed coverage on EMCOR Group in a report on Tuesday, March 10th. They set an “overweight” rating and a $848.00 price target on the stock. DA Davidson raised their price target on EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a report on Friday, February 27th. Robert W. Baird raised their price target on EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, UBS Group raised their price target on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $799.29.

Insider Transactions at EMCOR Group

In other news, Director Steven Schwarzwaelder sold 5,602 shares of EMCOR Group stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $895.19, for a total value of $5,014,854.38. Following the sale, the director directly owned 15,875 shares of the company’s stock, valued at approximately $14,211,141.25. The trade was a 26.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director William P. Reid sold 2,000 shares of EMCOR Group stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $925.78, for a total value of $1,851,560.00. Following the completion of the sale, the director directly owned 10,149 shares in the company, valued at $9,395,741.22. This trade represents a 16.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 45,077 shares of company stock valued at $34,416,471. 1.26% of the stock is owned by insiders.

EMCOR Group Trading Down 4.1%

Shares of EME stock opened at $875.56 on Tuesday. EMCOR Group, Inc. has a 12-month low of $450.68 and a 12-month high of $951.96. The stock’s 50-day moving average price is $806.06 and its 200-day moving average price is $722.39. The stock has a market capitalization of $38.91 billion, a price-to-earnings ratio of 29.37 and a beta of 1.17.

EMCOR Group (NYSE:EME) last issued its earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $4.20 billion. During the same period in the previous year, the firm posted $5.41 earnings per share. The business’s revenue was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, research analysts predict that EMCOR Group, Inc. will post 28.67 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 issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Thursday, April 16th. EMCOR Group’s payout ratio is 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.