Stance Capital LLC Acquires New Shares in EMCOR Group, Inc. $EME

Stance Capital LLC acquired a new position in EMCOR Group, Inc. (NYSE:EME) in the 4th quarter, Holdings Channel reports. The firm acquired 2,183 shares of the construction company’s stock, valued at approximately $1,336,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Swiss RE Ltd. acquired a new position in shares of EMCOR Group in the 4th quarter valued at $25,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in EMCOR Group in the 4th quarter valued at about $26,000. Zions Bancorporation National Association UT purchased a new stake in EMCOR Group in the 4th quarter valued at about $28,000. Activest Wealth Management lifted its position in EMCOR Group by 800.0% in the fourth quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock valued at $33,000 after buying an additional 48 shares during the last quarter. Finally, Richardson Financial Services Inc. lifted its position in EMCOR Group by 71.9% in the fourth quarter. Richardson Financial Services Inc. now owns 55 shares of the construction company’s stock valued at $34,000 after buying an additional 23 shares during the last quarter. Institutional investors and hedge funds own 92.59% of the company’s stock.

EMCOR Group Price Performance

NYSE EME opened at $837.57 on Monday. The company has a market cap of $37.22 billion, a P/E ratio of 28.10 and a beta of 1.12. The stock has a 50-day moving average of $852.96 and a two-hundred day moving average of $756.28. EMCOR Group, Inc. has a 1-year low of $478.16 and a 1-year high of $951.96.

EMCOR Group (NYSE:EME) last issued its quarterly 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 net margin of 7.54% and a return on equity of 35.19%. The business had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $4.20 billion. During the same quarter in the prior year, the company earned $5.41 earnings per share. The business’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, Inc. will post 29.22 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

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

Insider Activity at EMCOR Group

In other EMCOR Group news, Director Carol P. Lowe sold 950 shares of the business’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total value of $802,275.00. Following the completion of the transaction, the director owned 17,278 shares in the company, valued at $14,591,271. The trade was a 5.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Jason R. Nalbandian sold 800 shares of the company’s stock in a transaction 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 sale, the chief financial officer directly owned 18,157 shares in the company, valued at $15,550,199.51. This represents a 4.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 10,027 shares of company stock worth $8,957,466 over the last 90 days. 1.26% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

EME has been the subject of a number of recent analyst reports. Zacks Research cut shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Cantor Fitzgerald restated an “overweight” rating and issued a $1,123.00 price objective on shares of EMCOR Group in a report on Tuesday, June 16th. DA Davidson increased their price objective on shares of EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. UBS Group lifted their target price on shares of EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a report on Friday, March 6th. Finally, Oppenheimer assumed coverage on EMCOR Group in a research report on Thursday, May 28th. They issued an “outperform” rating and a $1,100.00 target price on the stock. Ten research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, EMCOR Group currently has a consensus rating of “Moderate Buy” and an average target price of $871.25.

EMCOR Group Company Profile

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.