2,023 Shares in EMCOR Group, Inc. $EME Bought by Lombard Odier Asset Management Switzerland SA

Lombard Odier Asset Management Switzerland SA acquired a new position in shares of EMCOR Group, Inc. (NYSE:EME) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,023 shares of the construction company’s stock, valued at approximately $1,494,000.

Other institutional investors have also modified their holdings of the company. Ascentis Independent Advisors purchased a new stake in shares of EMCOR Group during the first quarter worth about $27,000. Swiss RE Ltd. acquired a new position in shares of EMCOR Group during the 4th quarter worth about $25,000. Zions Bancorporation National Association UT purchased a new position in EMCOR Group in the 4th quarter valued at about $28,000. Activest Wealth Management lifted its stake in EMCOR Group by 800.0% in the 4th quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock valued at $33,000 after buying an additional 48 shares in the last quarter. Finally, Richardson Financial Services Inc. boosted its holdings in EMCOR Group by 71.9% in the 4th quarter. Richardson Financial Services Inc. now owns 55 shares of the construction company’s stock worth $34,000 after buying an additional 23 shares during the last quarter. Institutional investors and hedge funds own 92.59% of the company’s stock.

Insider Buying and Selling

In other EMCOR Group news, Director William P. Reid sold 2,000 shares of the company’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $925.78, for a total value of $1,851,560.00. Following the completion of the sale, the director directly owned 10,149 shares in the company, valued at $9,395,741.22. This represents a 16.46% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Robert Peter Lind sold 675 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $894.27, for a total value 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 10,027 shares of company stock worth $8,957,466 over the last quarter. Corporate insiders own 0.73% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on EME. Oppenheimer started coverage on EMCOR Group in a research note on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 price objective for the company. Wall Street Zen upgraded EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Cantor Fitzgerald reaffirmed an “overweight” rating and issued 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 target on EMCOR Group in a research report on Thursday, April 30th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, EMCOR Group has a consensus rating of “Moderate Buy” and an average target price of $871.25.

EMCOR Group Trading Down 0.1%

EME stock opened at $743.81 on Tuesday. The firm has a 50-day moving average of $809.61 and a two-hundred day moving average of $785.90. EMCOR Group, Inc. has a 12 month low of $564.92 and a 12 month high of $951.96. The company has a market cap of $33.05 billion, a price-to-earnings ratio of 24.95 and a beta of 1.13.

EMCOR Group (NYSE:EME) last issued its earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share for the quarter, topping the consensus estimate of $5.90 by $0.94. The business had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $4.20 billion. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The business’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, equities analysts forecast that EMCOR Group, Inc. will post 29.37 earnings per share for the current year.

EMCOR Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. EMCOR Group’s payout ratio is 5.37%.

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.