EMCOR Group, Inc. (NYSE:EME) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of EMCOR Group, Inc. (NYSE:EMEGet Free Report) have earned a consensus rating of “Moderate Buy” from the fourteen brokerages that are currently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $836.8750.

EME has been the subject of a number of research analyst reports. Zacks Research lowered EMCOR Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 26th. Robert W. Baird lifted their price objective on EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a research note on Friday, February 27th. DA Davidson lifted their price objective on EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a research note on Friday, February 27th. UBS Group lifted their price objective on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Finally, Stifel Nicolaus set a $918.00 price objective on EMCOR Group in a research note on Thursday, April 30th.

Check Out Our Latest Stock Report on EME

Insider Buying and Selling

In other EMCOR Group news, CFO Jason R. Nalbandian sold 800 shares of EMCOR Group stock in a transaction dated Thursday, April 30th. The stock was 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 owned 18,157 shares in the company, valued at approximately $15,550,199.51. This trade represents a 4.22% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Steven Schwarzwaelder sold 5,602 shares of EMCOR Group stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $895.19, for a total value of $5,014,854.38. Following the transaction, the director owned 15,875 shares of the company’s stock, valued at $14,211,141.25. The trade was a 26.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 9,077 shares of company stock worth $8,155,191. Corporate insiders own 0.83% of the company’s stock.

Hedge Funds Weigh In On EMCOR Group

A number of institutional investors have recently modified their holdings of the stock. Asahi Life Asset Management CO. LTD. purchased a new position in shares of EMCOR Group in the 3rd quarter valued at about $445,000. Machina Capital S.A.S. purchased a new position in shares of EMCOR Group in the 3rd quarter valued at about $1,074,000. Wealth Enhancement Advisory Services LLC increased its stake in shares of EMCOR Group by 12.9% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 12,149 shares of the construction company’s stock valued at $7,972,000 after purchasing an additional 1,389 shares in the last quarter. Public Sector Pension Investment Board increased its stake in shares of EMCOR Group by 18.7% in the 3rd quarter. Public Sector Pension Investment Board now owns 23,982 shares of the construction company’s stock valued at $15,577,000 after purchasing an additional 3,783 shares in the last quarter. Finally, Sierra Summit Advisors LLC purchased a new position in shares of EMCOR Group in the 3rd quarter valued at about $5,459,000. Hedge funds and other institutional investors own 92.59% of the company’s stock.

EMCOR Group Price Performance

Shares of EME stock opened at $847.53 on Friday. The firm has a market capitalization of $37.66 billion, a price-to-earnings ratio of 28.43 and a beta of 1.12. The business has a fifty day moving average of $836.52 and a 200 day moving average of $739.35. EMCOR Group has a 1 year low of $455.14 and a 1 year high of $951.96.

EMCOR Group (NYSE:EMEGet Free Report) last issued its earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.90 by $0.94. The company had revenue of $4.63 billion during the quarter, compared to analyst estimates of $4.20 billion. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The firm’s quarterly revenue was up 19.7% on a year-over-year basis. During the same quarter last year, the business posted $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, equities research analysts expect that EMCOR Group will post 28.84 earnings per share for the current year.

EMCOR Group Dividend Announcement

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

EMCOR Group Company Profile

(Get 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.

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Analyst Recommendations for EMCOR Group (NYSE:EME)

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