EMCOR Group (NYSE:EME) CFO Jason Nalbandian Sells 800 Shares

EMCOR Group, Inc. (NYSE:EME) CFO Jason Nalbandian sold 800 shares of the business’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $856.43, for a total transaction of $685,144.00. Following the completion of the transaction, the chief financial officer directly owned 18,157 shares of the company’s stock, valued at $15,550,199.51. This trade represents a 4.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

EMCOR Group Trading Up 0.8%

Shares of EME stock traded up $7.11 on Monday, hitting $910.61. The stock had a trading volume of 314,307 shares, compared to its average volume of 376,099. The firm has a market cap of $40.47 billion, a P/E ratio of 30.55 and a beta of 1.17. The company has a fifty day moving average price of $774.16 and a two-hundred day moving average price of $707.25. EMCOR Group, Inc. has a twelve month low of $426.28 and a twelve month high of $921.22.

EMCOR Group (NYSE:EME) last released its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share for the quarter, beating the consensus estimate of $5.90 by $0.94. The company 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%. The business’s quarterly revenue was up 19.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, analysts expect that EMCOR Group, Inc. will post 28.53 earnings per share for the current year.

EMCOR Group Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research firms have issued reports on EME. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a report on Monday, April 20th. Stifel Nicolaus set a $918.00 target price on EMCOR Group in a report on Thursday. UBS Group increased their target price on EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a report on Friday, March 6th. DA Davidson increased their target price on EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a report on Friday, February 27th. Finally, Zacks Research upgraded EMCOR Group from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, EMCOR Group has an average rating of “Moderate Buy” and a consensus target price of $799.29.

Hedge Funds Weigh In On EMCOR Group

Several hedge funds have recently modified their holdings of the stock. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of EMCOR Group by 3.8% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 356 shares of the construction company’s stock valued at $270,000 after acquiring an additional 13 shares in the last quarter. PAX Financial Group LLC grew its holdings in shares of EMCOR Group by 3.6% in the 4th quarter. PAX Financial Group LLC now owns 404 shares of the construction company’s stock valued at $247,000 after acquiring an additional 14 shares in the last quarter. Austin Private Wealth LLC grew its holdings in shares of EMCOR Group by 3.6% in the 4th quarter. Austin Private Wealth LLC now owns 437 shares of the construction company’s stock valued at $267,000 after acquiring an additional 15 shares in the last quarter. First National Bank of Hutchinson grew its holdings in shares of EMCOR Group by 0.9% in the 4th quarter. First National Bank of Hutchinson now owns 1,614 shares of the construction company’s stock valued at $987,000 after acquiring an additional 15 shares in the last quarter. Finally, Advisors Capital Management LLC grew its holdings in shares of EMCOR Group by 3.4% in the 4th quarter. Advisors Capital Management LLC now owns 450 shares of the construction company’s stock valued at $275,000 after acquiring an additional 15 shares in the last quarter. Institutional investors own 92.59% of the company’s stock.

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.