WASHINGTON TRUST Co Grows Stake in EMCOR Group, Inc. $EME

WASHINGTON TRUST Co increased its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 8.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 22,356 shares of the construction company’s stock after purchasing an additional 1,762 shares during the period. WASHINGTON TRUST Co’s holdings in EMCOR Group were worth $13,677,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of EME. Barnes Dennig Private Wealth Management LLC acquired a new stake in EMCOR Group in the 4th quarter worth approximately $26,000. Main Street Group LTD increased its position in shares of EMCOR Group by 110.0% in the 3rd quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock valued at $27,000 after acquiring an additional 22 shares during the period. Activest Wealth Management raised its stake in EMCOR Group by 800.0% in the 4th quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock worth $33,000 after acquiring an additional 48 shares during the last quarter. Richardson Financial Services Inc. lifted its position in EMCOR Group by 71.9% during the 4th quarter. Richardson Financial Services Inc. now owns 55 shares of the construction company’s stock worth $34,000 after acquiring an additional 23 shares during the period. Finally, Elyxium Wealth LLC purchased a new stake in EMCOR Group during the 4th quarter valued at about $37,000. 92.59% of the stock is currently owned by institutional investors and hedge funds.

EMCOR Group Stock Down 2.7%

Shares of EME opened at $825.34 on Friday. EMCOR Group, Inc. has a 52-week low of $455.14 and a 52-week high of $951.96. The stock has a fifty day simple moving average of $829.32 and a two-hundred day simple moving average of $733.01. The company has a market capitalization of $36.68 billion, a PE ratio of 27.69 and a beta of 1.17.

EMCOR Group (NYSE:EME) last released its quarterly earnings data 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. The firm had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $4.20 billion. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. EMCOR Group’s revenue was up 19.7% compared to the same quarter last year. During the same period last year, the business earned $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, equities analysts anticipate that EMCOR Group, Inc. will post 28.67 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Thursday, April 16th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Thursday, April 16th. EMCOR Group’s dividend payout ratio (DPR) is presently 5.37%.

Analysts Set New Price Targets

A number of analysts have recently commented on EME shares. Stifel Nicolaus set a $918.00 price objective on EMCOR Group in a research report on Thursday, April 30th. Oppenheimer assumed coverage on shares of EMCOR Group in a research note on Thursday. They issued an “outperform” rating and a $1,100.00 price target on the stock. UBS Group lifted their price objective on EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Robert W. Baird increased their target price on EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Finally, Wall Street Zen upgraded EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Ten equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $836.88.

Insider Activity

In other news, CEO Anthony Guzzi sold 36,000 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $729.48, for a total value of $26,261,280.00. Following the transaction, the chief executive officer directly owned 170,299 shares in the company, valued at approximately $124,229,714.52. This represents a 17.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Jason R. Nalbandian sold 800 shares of the stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $856.43, for a total transaction of $685,144.00. Following the transaction, the chief financial officer directly owned 18,157 shares of the company’s stock, valued at $15,550,199.51. The trade was a 4.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 45,077 shares of company stock worth $34,416,471. 0.83% of the stock is currently owned by corporate insiders.

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.