736 Shares in EMCOR Group, Inc. $EME Purchased by Expressive Wealth LLC

Expressive Wealth LLC purchased a new stake in shares of EMCOR Group, Inc. (NYSE:EMEFree Report) in the second quarter, HoldingsChannel.com reports. The institutional investor purchased 736 shares of the construction company’s stock, valued at approximately $611,000.

Other institutional investors have also added to or reduced their stakes in the company. Swiss RE Ltd. purchased a new stake in shares of EMCOR Group during the 4th quarter worth approximately $25,000. Ascentis Independent Advisors purchased a new position in shares of EMCOR Group in the first quarter valued at $27,000. Zions Bancorporation National Association UT purchased a new position in shares of EMCOR Group in the fourth quarter valued at $28,000. Activest Wealth Management increased its position in EMCOR Group by 800.0% in the fourth quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock worth $33,000 after purchasing an additional 48 shares during the last quarter. Finally, Basecamp Wealth Advisors LLC raised its stake in EMCOR Group by 4,700.0% during the first quarter. Basecamp Wealth Advisors LLC now owns 48 shares of the construction company’s stock valued at $35,000 after purchasing an additional 47 shares in the last quarter. Hedge funds and other institutional investors own 92.59% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on EME. Cantor Fitzgerald lowered their price objective on shares of EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating for the company in a research report on Monday, August 10th. DA Davidson set a $1,047.00 target price on shares of EMCOR Group in a report on Monday, August 10th. Oppenheimer upped their target price on shares of EMCOR Group from $1,100.00 to $1,200.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a research report on Friday, July 17th. Finally, UBS Group increased their price target on shares of EMCOR Group from $975.00 to $1,065.00 and gave the company a “buy” rating in a report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, EMCOR Group currently has a consensus rating of “Buy” and an average price target of $965.86.

View Our Latest Report on EMCOR Group

EMCOR Group Stock Down 1.2%

Shares of NYSE EME opened at $777.68 on Friday. EMCOR Group, Inc. has a twelve month low of $564.92 and a twelve month high of $951.96. The business has a fifty day simple moving average of $797.37 and a two-hundred day simple moving average of $800.45. The firm has a market cap of $34.30 billion, a PE ratio of 24.19 and a beta of 1.14.

EMCOR Group (NYSE:EMEGet Free Report) last released its quarterly earnings data on Thursday, July 30th. The construction company reported $9.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.23 by $1.83. EMCOR Group had a net margin of 7.74% and a return on equity of 35.49%. The firm had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $4.71 billion. During the same period last year, the firm earned $6.72 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 32.000-33.250 EPS. On average, research analysts expect that EMCOR Group, Inc. will post 33.04 earnings per share for the current year.

EMCOR Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Wednesday, July 15th. EMCOR Group’s dividend payout ratio (DPR) is currently 4.98%.

Insiders Place Their Bets

In other EMCOR Group news, Director Carol P. Lowe sold 950 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total value of $802,275.00. Following the completion of the sale, the director directly owned 17,278 shares in the company, valued at $14,591,271. This trade represents a 5.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.73% of the stock is currently owned by company insiders.

EMCOR Group Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for EMCOR Group (NYSE:EME)

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