Cvfg LLC Invests $2.80 Million in EMCOR Group, Inc. $EME

Cvfg LLC bought a new stake in EMCOR Group, Inc. (NYSE:EME) during the 1st quarter, Holdings Channel.com reports. The firm bought 3,792 shares of the construction company’s stock, valued at approximately $2,800,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Great Lakes Advisors LLC raised its holdings in EMCOR Group by 32.3% during the 1st quarter. Great Lakes Advisors LLC now owns 590 shares of the construction company’s stock worth $218,000 after purchasing an additional 144 shares during the last quarter. Geneos Wealth Management Inc. increased its position in shares of EMCOR Group by 93.0% during the first quarter. Geneos Wealth Management Inc. now owns 220 shares of the construction company’s stock worth $81,000 after buying an additional 106 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of EMCOR Group during the second quarter worth $459,000. Baird Financial Group Inc. raised its stake in EMCOR Group by 5.0% during the second quarter. Baird Financial Group Inc. now owns 5,820 shares of the construction company’s stock worth $3,113,000 after buying an additional 275 shares during the last quarter. Finally, Bank of Nova Scotia raised its stake in EMCOR Group by 406.1% during the second quarter. Bank of Nova Scotia now owns 4,565 shares of the construction company’s stock worth $2,442,000 after buying an additional 3,663 shares during the last quarter. Institutional investors and hedge funds own 92.59% of the company’s stock.

EMCOR Group Stock Performance

Shares of NYSE:EME opened at $769.36 on Wednesday. EMCOR Group, Inc. has a 52-week low of $532.25 and a 52-week high of $951.96. The business’s 50 day simple moving average is $850.50 and its two-hundred day simple moving average is $772.60. The firm has a market cap of $34.19 billion, a P/E ratio of 25.81 and a beta of 1.13.

EMCOR Group (NYSE:EME) last released its quarterly earnings data on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, beating the consensus estimate of $5.90 by $0.94. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The firm had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.20 billion. During the same quarter in the previous year, the company posted $5.41 earnings per share. The company’s quarterly revenue was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, equities analysts forecast that EMCOR Group, Inc. will post 29.37 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Wednesday, July 15th. EMCOR Group’s dividend payout ratio (DPR) is currently 5.37%.

Insider Activity

In other news, Director Carol P. Lowe sold 950 shares of the business’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total transaction of $802,275.00. Following the completion of the sale, the director directly owned 17,278 shares of the company’s stock, valued at $14,591,271. The trade was a 5.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Jason R. Nalbandian sold 800 shares of the firm’s stock in a transaction dated 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 in the company, valued at approximately $15,550,199.51. The trade was a 4.22% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 10,027 shares of company stock valued at $8,957,466. 1.26% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts have commented on EME shares. Zacks Research raised shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research note on Monday, April 20th. Stifel Nicolaus set a $918.00 target price on EMCOR Group in a research report on Thursday, April 30th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $1,123.00 target price on shares of EMCOR Group in a report on Tuesday, June 16th. Finally, Oppenheimer began coverage on EMCOR Group in a research note on Thursday, May 28th. They issued an “outperform” rating and a $1,100.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $871.25.

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.