Saturna Capital Corp increased its position in shares of EMCOR Group, Inc. (NYSE:EME – Free Report) by 58.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,753 shares of the construction company’s stock after acquiring an additional 650 shares during the period. Saturna Capital Corp’s holdings in EMCOR Group were worth $1,072,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. Barnes Dennig Private Wealth Management LLC acquired a new position in EMCOR Group during the 4th quarter worth about $26,000. Main Street Group LTD increased its holdings in shares of EMCOR Group by 110.0% in the 3rd quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock valued at $27,000 after acquiring an additional 22 shares during the last quarter. Zions Bancorporation National Association UT purchased a new position in shares of EMCOR Group in the 4th quarter valued at about $28,000. Activest Wealth Management increased its holdings in shares of EMCOR Group by 800.0% in the 4th quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock valued at $33,000 after acquiring an additional 48 shares during the last quarter. Finally, Richardson Financial Services Inc. increased its holdings in shares of EMCOR Group by 71.9% in the 4th quarter. Richardson Financial Services Inc. now owns 55 shares of the construction company’s stock valued at $34,000 after acquiring an additional 23 shares during the last quarter. Institutional investors and hedge funds own 92.59% of the company’s stock.
Wall Street Analyst Weigh In
EME has been the subject of a number of recent research reports. Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a research report on Monday, April 20th. DA Davidson increased their price objective on EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. Robert W. Baird increased their price objective on EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. Finally, Oppenheimer initiated coverage on EMCOR Group in a research report on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 price objective for the company. Ten research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $836.88.
EMCOR Group Stock Performance
EMCOR Group stock opened at $776.96 on Thursday. The stock has a fifty day moving average of $842.94 and a two-hundred day moving average of $745.19. The company has a market capitalization of $34.53 billion, a price-to-earnings ratio of 26.06 and a beta of 1.12. EMCOR Group, Inc. has a fifty-two week low of $464.21 and a fifty-two week high of $951.96.
EMCOR Group (NYSE:EME – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share for the quarter, topping the consensus estimate of $5.90 by $0.94. The company had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.20 billion. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.EMCOR Group’s revenue was up 19.7% compared to the same quarter last year. During the same quarter last year, the business posted $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, analysts forecast that EMCOR Group, Inc. will post 29.22 EPS for the current fiscal year.
EMCOR Group Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Thursday, April 16th were paid a $0.40 dividend. The ex-dividend date was Thursday, April 16th. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. EMCOR Group’s payout ratio is 5.37%.
Insider Buying and Selling
In other news, VP Robert Peter Lind sold 675 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $894.27, for a total transaction of $603,632.25. Following the completion of the transaction, the vice president directly owned 4,216 shares in the company, valued at approximately $3,770,242.32. The trade was a 13.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Jason R. Nalbandian sold 800 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the chief financial officer owned 18,157 shares of the company’s stock, valued at $15,550,199.51. This trade represents a 4.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 9,077 shares of company stock valued at $8,155,191 over the last three months. 0.83% of the stock is owned by company insiders.
EMCOR Group 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.
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