Diversify Advisory Services LLC Makes New Investment in EMCOR Group, Inc. $EME

Diversify Advisory Services LLC purchased a new stake in shares of EMCOR Group, Inc. (NYSE:EME) in the second quarter, HoldingsChannel reports. The institutional investor purchased 1,030 shares of the construction company’s stock, valued at approximately $765,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Wealthfront Advisers LLC bought a new position in shares of EMCOR Group in the 2nd quarter worth approximately $1,524,000. Meeder Advisory Services Inc. bought a new stake in EMCOR Group during the second quarter valued at approximately $952,000. Meeder Asset Management Inc. bought a new stake in EMCOR Group during the second quarter valued at approximately $3,970,000. Citizens Financial Group Inc. RI purchased a new stake in EMCOR Group during the second quarter valued at approximately $1,068,000. Finally, Texas Capital Bank Wealth Management Services Inc purchased a new stake in EMCOR Group during the second quarter valued at approximately $257,000. Hedge funds and other institutional investors own 92.59% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on EME shares. DA Davidson set a $1,047.00 price target on shares of EMCOR Group in a research report on Monday, August 10th. Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. UBS Group upped their price objective on EMCOR Group from $975.00 to $1,065.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Zacks Research raised EMCOR Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Finally, Oppenheimer lifted their target price on EMCOR Group from $1,100.00 to $1,200.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $965.86.

Insider Activity at EMCOR Group

In other news, Director Carol P. Lowe sold 950 shares of the business’s stock in a transaction dated 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 directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.73% of the stock is owned by insiders.

EMCOR Group Price Performance

Shares of NYSE EME opened at $788.39 on Friday. The stock has a market cap of $34.78 billion, a PE ratio of 24.52 and a beta of 1.14. EMCOR Group, Inc. has a 1 year low of $564.92 and a 1 year high of $951.96. The firm has a fifty day moving average price of $798.27 and a 200-day moving average price of $800.61.

EMCOR Group (NYSE:EME) last released its earnings results on Thursday, July 30th. The construction company reported $9.06 earnings per share for the quarter, beating analysts’ consensus estimates of $7.23 by $1.83. The company had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $4.71 billion. EMCOR Group had a net margin of 7.74% and a return on equity of 35.49%. EMCOR Group’s revenue for the quarter was up 19.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $6.72 EPS. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. On average, research analysts expect that EMCOR Group, Inc. will post 33.04 EPS for the current year.

EMCOR Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Wednesday, July 15th. 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.