Evexia Wealth LLC Has $4.62 Million Stake in EMCOR Group, Inc. $EME

Evexia Wealth LLC trimmed its stake in EMCOR Group, Inc. (NYSE:EME) by 25.0% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,820 shares of the construction company’s stock after selling 2,272 shares during the period. EMCOR Group accounts for about 1.4% of Evexia Wealth LLC’s investment portfolio, making the stock its 26th largest position. Evexia Wealth LLC’s holdings in EMCOR Group were worth $4,617,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EME. Vanguard Group Inc. boosted its position in EMCOR Group by 17.6% during the third quarter. Vanguard Group Inc. now owns 5,332,636 shares of the construction company’s stock worth $3,463,760,000 after purchasing an additional 798,975 shares during the period. Norges Bank bought a new position in shares of EMCOR Group in the second quarter valued at approximately $344,548,000. Victory Capital Management Inc. raised its position in shares of EMCOR Group by 48.8% in the third quarter. Victory Capital Management Inc. now owns 949,360 shares of the construction company’s stock valued at $572,351,000 after purchasing an additional 311,474 shares during the period. Federated Hermes Inc. lifted its stake in shares of EMCOR Group by 56.4% in the second quarter. Federated Hermes Inc. now owns 322,437 shares of the construction company’s stock worth $172,468,000 after buying an additional 116,289 shares during the last quarter. Finally, American Century Companies Inc. lifted its stake in shares of EMCOR Group by 40.2% in the second quarter. American Century Companies Inc. now owns 349,517 shares of the construction company’s stock worth $186,953,000 after buying an additional 100,144 shares during the last quarter. 92.59% of the stock is currently owned by institutional investors and hedge funds.

EMCOR Group Trading Down 1.8%

Shares of EMCOR Group stock opened at $705.74 on Friday. EMCOR Group, Inc. has a 1 year low of $320.89 and a 1 year high of $835.00. The company’s fifty day simple moving average is $718.67 and its 200-day simple moving average is $668.04. The company has a market cap of $31.43 billion, a price-to-earnings ratio of 25.00 and a beta of 1.16.

EMCOR Group (NYSE:EME) last released its earnings results on Thursday, February 26th. The construction company reported $7.19 EPS for the quarter, beating the consensus estimate of $6.68 by $0.51. EMCOR Group had a net margin of 7.49% and a return on equity of 35.89%. The firm had revenue of $4.51 billion during the quarter, compared to analysts’ expectations of $4.28 billion. During the same period in the prior year, the company earned $6.32 EPS. The business’s quarterly revenue was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. As a group, research analysts forecast that EMCOR Group, Inc. will post 20.74 earnings per share for the current fiscal year.

EMCOR Group announced that its board has authorized a share repurchase program on Thursday, December 18th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the construction company to repurchase up to 1.9% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.

EMCOR Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 14th were given a dividend of $0.40 per share. This is an increase from EMCOR Group’s previous quarterly dividend of $0.25. 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 Wednesday, January 14th. EMCOR Group’s dividend payout ratio (DPR) is currently 5.67%.

Analyst Ratings Changes

EME has been the topic of a number of research analyst reports. Stifel Nicolaus raised their target price on shares of EMCOR Group from $754.00 to $814.00 and gave the company a “buy” rating in a research note on Monday. Zacks Research lowered shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 19th. Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a report on Wednesday, January 21st. DA Davidson lifted their price objective on EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. Finally, Wall Street Zen cut EMCOR Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. Eight equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, EMCOR Group presently has an average rating of “Moderate Buy” and an average target price of $773.83.

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.