Brokerages Set EMCOR Group, Inc. (NYSE:EME) Target Price at $871.25

EMCOR Group, Inc. (NYSE:EME) has been assigned an average rating of “Moderate Buy” from the eleven research firms that are covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $871.25.

Several research firms recently commented on EME. Zacks Research cut EMCOR Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 26th. Stifel Nicolaus set a $918.00 price target on EMCOR Group in a report on Thursday, April 30th. UBS Group increased their price target on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a report on Friday, March 6th. Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a report on Monday, April 20th.

Insider Transactions at EMCOR Group

In related news, Director Carol P. Lowe sold 950 shares of the stock in a transaction that occurred on Wednesday, June 17th. The stock was 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 of the company’s stock, valued at approximately $14,591,271. This trade represents a 5.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Jason R. Nalbandian sold 800 shares of the stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $856.43, for a total value of $685,144.00. Following the completion of the transaction, the chief financial officer owned 18,157 shares of the company’s stock, valued at $15,550,199.51. The trade was a 4.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 10,027 shares of company stock valued at $8,957,466. 1.26% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Ascentis Independent Advisors purchased a new position in EMCOR Group in the first quarter worth approximately $27,000. Swiss RE Ltd. purchased a new position in EMCOR Group in the fourth quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in EMCOR Group in the fourth quarter worth approximately $26,000. Zions Bancorporation National Association UT purchased a new position in EMCOR Group in the fourth quarter worth approximately $28,000. Finally, Basecamp Wealth Advisors LLC grew its position in EMCOR Group by 4,700.0% in the first quarter. Basecamp Wealth Advisors LLC now owns 48 shares of the construction company’s stock worth $35,000 after acquiring an additional 47 shares during the period. 92.59% of the stock is currently owned by hedge funds and other institutional investors.

EMCOR Group Price Performance

Shares of EMCOR Group stock opened at $815.63 on Tuesday. The business has a 50 day simple moving average of $857.19 and a two-hundred day simple moving average of $765.48. EMCOR Group has a 12 month low of $516.91 and a 12 month high of $951.96. The stock has a market capitalization of $36.25 billion, a P/E ratio of 27.36 and a beta of 1.12.

EMCOR Group (NYSE:EME) last announced its earnings results on Wednesday, April 29th. The construction company reported $6.84 EPS 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 business had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $4.20 billion. During the same quarter in the prior year, the firm earned $5.41 earnings per share. The business’s 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. As a group, research analysts anticipate that EMCOR Group will post 29.37 EPS for the current fiscal year.

EMCOR Group Announces Dividend

The business 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. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Thursday, April 16th. EMCOR Group’s dividend payout ratio (DPR) is currently 5.37%.

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.