143,625 Shares in EMCOR Group, Inc. $EME Bought by Man Group plc

Man Group plc purchased a new stake in EMCOR Group, Inc. (NYSE:EME) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 143,625 shares of the construction company’s stock, valued at approximately $119,192,000. Man Group plc owned about 0.33% of EMCOR Group at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. North Dakota State Investment Board acquired a new position in shares of EMCOR Group in the 4th quarter valued at $928,000. Thrivent Financial for Lutherans boosted its stake in EMCOR Group by 663.4% during the 4th quarter. Thrivent Financial for Lutherans now owns 113,562 shares of the construction company’s stock worth $69,476,000 after purchasing an additional 98,687 shares during the period. Passumpsic Savings Bank purchased a new position in EMCOR Group during the 4th quarter worth $1,726,000. Chase Investment Counsel Corp grew its position in EMCOR Group by 152.1% during the 4th quarter. Chase Investment Counsel Corp now owns 2,849 shares of the construction company’s stock worth $1,742,000 after purchasing an additional 1,719 shares during the last quarter. Finally, Summit Global Investments acquired a new position in EMCOR Group in the second quarter valued at $3,791,000. Institutional investors and hedge funds own 92.59% of the company’s stock.

Analysts Set New Price Targets

EME has been the subject of a number of research reports. Zacks Research raised shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. UBS Group raised their price target on EMCOR Group from $975.00 to $1,065.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Stifel Nicolaus set a $918.00 price target on EMCOR Group in a research report on Thursday, April 30th. Cantor Fitzgerald reduced their price objective on EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating for the company in a research note on Monday, August 10th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a research report on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, EMCOR Group currently has a consensus rating of “Buy” and an average price target of $965.86.

Insider Buying and Selling

In related news, Director Carol P. Lowe sold 950 shares of the firm’s stock in a transaction dated 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 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 document filed with the Securities & Exchange Commission, which is available at this link. 0.73% of the stock is currently owned by insiders.

EMCOR Group Stock Performance

Shares of EME opened at $739.04 on Wednesday. The stock has a market capitalization of $32.60 billion, a P/E ratio of 22.99 and a beta of 1.14. EMCOR Group, Inc. has a 1 year low of $564.92 and a 1 year high of $951.96. The company’s fifty day moving average is $793.95 and its two-hundred day moving average is $801.30.

EMCOR Group (NYSE:EME) last released its earnings results on Thursday, July 30th. The construction company reported $9.06 EPS for the quarter, topping the consensus estimate of $7.23 by $1.83. The company had revenue of $5.15 billion during the quarter, compared to analysts’ expectations of $4.71 billion. EMCOR Group had a net margin of 7.74% and a return on equity of 35.49%. The business’s revenue was up 19.7% on a year-over-year basis. During the same quarter last year, the business earned $6.72 EPS. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. Sell-side analysts predict that EMCOR Group, Inc. will post 33.04 EPS for the current year.

EMCOR Group Dividend Announcement

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

About EMCOR Group

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.