EMCOR Group, Inc. (NYSE:EME) Receives $784.43 Average PT from Analysts

Shares of EMCOR Group, Inc. (NYSE:EME) have earned an average rating of “Moderate Buy” from the thirteen analysts that are presently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $784.4286.

A number of research firms have commented on EME. Cantor Fitzgerald began coverage on shares of EMCOR Group in a research report on Tuesday, March 10th. They issued an “overweight” rating and a $848.00 target price for the company. Stifel Nicolaus lifted their target price on shares of EMCOR Group from $754.00 to $814.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. UBS Group boosted their price objective on shares of EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research report on Wednesday, January 21st. Finally, Robert W. Baird boosted their price objective on shares of EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a research report on Friday, February 27th.

Insider Activity

In other news, CEO Anthony Guzzi sold 36,000 shares of the business’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $729.48, for a total transaction of $26,261,280.00. Following the completion of the sale, the chief executive officer owned 170,299 shares of the company’s stock, valued at $124,229,714.52. The trade was a 17.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.83% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. PAX Financial Group LLC grew its position in EMCOR Group by 3.6% during the fourth quarter. PAX Financial Group LLC now owns 404 shares of the construction company’s stock worth $247,000 after buying an additional 14 shares during the period. Austin Private Wealth LLC grew its position in EMCOR Group by 3.6% during the fourth quarter. Austin Private Wealth LLC now owns 437 shares of the construction company’s stock worth $267,000 after buying an additional 15 shares during the period. Advisors Capital Management LLC grew its position in EMCOR Group by 3.4% during the fourth quarter. Advisors Capital Management LLC now owns 450 shares of the construction company’s stock worth $275,000 after buying an additional 15 shares during the period. First National Bank of Hutchinson grew its position in EMCOR Group by 0.9% during the fourth quarter. First National Bank of Hutchinson now owns 1,614 shares of the construction company’s stock worth $987,000 after buying an additional 15 shares during the period. Finally, KPP Advisory Services LLC raised its position in EMCOR Group by 3.9% during the fourth quarter. KPP Advisory Services LLC now owns 399 shares of the construction company’s stock worth $244,000 after acquiring an additional 15 shares during the last quarter. Hedge funds and other institutional investors own 92.59% of the company’s stock.

EMCOR Group Trading Down 1.2%

NYSE:EME opened at $804.41 on Thursday. EMCOR Group has a 12 month low of $356.97 and a 12 month high of $835.00. The company has a market cap of $35.82 billion, a PE ratio of 28.49 and a beta of 1.11. The company has a 50 day simple moving average of $759.46 and a two-hundred day simple moving average of $692.90.

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

EMCOR Group announced that its Board of Directors has initiated a share repurchase plan on Thursday, December 18th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the construction company to reacquire up to 1.9% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board of directors believes its stock is undervalued.

EMCOR Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Thursday, April 16th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. EMCOR Group’s payout ratio is presently 5.67%.

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.