Dorsey Wright & Associates Acquires 637 Shares of EMCOR Group, Inc. $EME

Dorsey Wright & Associates grew its stake in EMCOR Group, Inc. (NYSE:EMEFree Report) by 4.9% in the fourth quarter, HoldingsChannel reports. The fund owned 13,590 shares of the construction company’s stock after acquiring an additional 637 shares during the period. EMCOR Group accounts for 1.8% of Dorsey Wright & Associates’ holdings, making the stock its 13th largest position. Dorsey Wright & Associates’ holdings in EMCOR Group were worth $8,314,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. PAX Financial Group LLC increased its holdings in shares of EMCOR Group by 3.6% in the fourth quarter. PAX Financial Group LLC now owns 404 shares of the construction company’s stock valued at $247,000 after purchasing an additional 14 shares in the last quarter. Austin Private Wealth LLC raised its position in EMCOR Group by 3.6% in the 4th quarter. Austin Private Wealth LLC now owns 437 shares of the construction company’s stock worth $267,000 after purchasing an additional 15 shares during the last quarter. First National Bank of Hutchinson lifted its holdings in EMCOR Group by 0.9% during the 4th quarter. First National Bank of Hutchinson now owns 1,614 shares of the construction company’s stock worth $987,000 after buying an additional 15 shares in the last quarter. Advisors Capital Management LLC lifted its holdings in EMCOR Group by 3.4% during the 4th quarter. Advisors Capital Management LLC now owns 450 shares of the construction company’s stock worth $275,000 after buying an additional 15 shares in the last quarter. Finally, KPP Advisory Services LLC boosted its position in EMCOR Group by 3.9% in the 4th quarter. KPP Advisory Services LLC now owns 399 shares of the construction company’s stock valued at $244,000 after buying an additional 15 shares during the last quarter. 92.59% of the stock is owned by institutional investors.

Analyst Ratings Changes

EME has been the subject of a number of recent research reports. Stifel Nicolaus set a $918.00 target price on EMCOR Group in a research report on Thursday, April 30th. DA Davidson raised their price target on EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a report on Friday, February 27th. Wall Street Zen upgraded EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. UBS Group boosted their price objective on EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Finally, Oppenheimer assumed coverage on shares of EMCOR Group in a research report on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 target price on the stock. Ten analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $871.25.

Read Our Latest Stock Report on EMCOR Group

EMCOR Group Stock Performance

EME opened at $837.57 on Friday. The company has a fifty day moving average price of $852.00 and a two-hundred day moving average price of $754.67. EMCOR Group, Inc. has a 52 week low of $478.16 and a 52 week high of $951.96. The firm has a market capitalization of $37.22 billion, a PE ratio of 28.10 and a beta of 1.12.

EMCOR Group (NYSE:EMEGet Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share for the quarter, beating analysts’ consensus estimates of $5.90 by $0.94. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The company had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $4.20 billion. During the same quarter in the prior year, the business posted $5.41 EPS. The firm’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. Equities analysts forecast that EMCOR Group, Inc. will post 29.22 EPS for the current year.

EMCOR Group Dividend Announcement

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

Insider Transactions at EMCOR Group

In other news, CFO Jason R. Nalbandian sold 800 shares of the business’s 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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Steven Schwarzwaelder sold 5,602 shares of the company’s 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 completion of the sale, the director directly owned 15,875 shares of the company’s stock, valued at approximately $14,211,141.25. This trade represents a 26.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 10,027 shares of company stock valued at $8,957,466. Corporate insiders own 0.83% of the company’s stock.

EMCOR Group Company 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.

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

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