Corient Private Wealth LLC Purchases 2,225 Shares of EMCOR Group, Inc. $EME

Corient Private Wealth LLC boosted its position in EMCOR Group, Inc. (NYSE:EME) by 16.8% during the 4th quarter, HoldingsChannel reports. The firm owned 15,462 shares of the construction company’s stock after purchasing an additional 2,225 shares during the period. Corient Private Wealth LLC’s holdings in EMCOR Group were worth $9,462,000 as of its most recent filing with the SEC.

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

EMCOR Group Stock Up 1.2%

NYSE:EME opened at $848.79 on Thursday. The business’s 50-day simple moving average is $855.81 and its two-hundred day simple moving average is $761.23. EMCOR Group, Inc. has a 52 week low of $499.31 and a 52 week high of $951.96. The stock has a market cap of $37.72 billion, a PE ratio of 28.47 and a beta of 1.12.

EMCOR Group (NYSE:EME) last released its quarterly earnings data on Wednesday, April 29th. The construction company reported $6.84 earnings per share for the quarter, topping 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 firm had revenue of $4.63 billion during the quarter, compared to analyst estimates of $4.20 billion. During the same quarter in the prior year, the company posted $5.41 earnings per share. The business’s quarterly revenue was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. Sell-side analysts anticipate that EMCOR Group, Inc. will post 29.37 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

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

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Cantor Fitzgerald reiterated an “overweight” rating and set a $1,123.00 price target on shares of EMCOR Group in a research note on Tuesday, June 16th. Stifel Nicolaus set a $918.00 price objective on EMCOR Group in a research note on Thursday, April 30th. Oppenheimer started coverage on EMCOR Group in a report on Thursday, May 28th. They issued an “outperform” rating and a $1,100.00 target price on the stock. Wall Street Zen upgraded EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, Robert W. Baird boosted their price target on EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Ten equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $871.25.

Insiders Place Their Bets

In other EMCOR Group news, VP Robert Peter Lind sold 675 shares of the stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $894.27, for a total transaction of $603,632.25. Following the completion of the sale, the vice president directly owned 4,216 shares of the company’s stock, valued at $3,770,242.32. This trade represents a 13.80% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Steven Schwarzwaelder sold 5,602 shares of the stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $895.19, for a total transaction of $5,014,854.38. Following 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 10,027 shares of company stock worth $8,957,466 over the last ninety days. 0.83% of the stock is owned by company insiders.

EMCOR Group Company 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.