Vise Technologies Inc. Takes $3.67 Million Position in EMCOR Group, Inc. $EME

Vise Technologies Inc. bought a new stake in EMCOR Group, Inc. (NYSE:EME) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,429 shares of the construction company’s stock, valued at approximately $3,675,000.

Other large investors have also recently bought and sold shares of the company. OVERSEA CHINESE BANKING Corp Ltd acquired a new stake in EMCOR Group during the 2nd quarter worth $830,000. Edmond DE Rothschild Holding S.A. acquired a new position in EMCOR Group in the second quarter valued at $409,000. Abacus FCF Advisors LLC purchased a new stake in shares of EMCOR Group in the second quarter valued at about $7,228,000. Csenge Advisory Group acquired a new stake in shares of EMCOR Group during the second quarter worth about $571,000. Finally, AssuredPartners Investment Advisors LLC acquired a new stake in shares of EMCOR Group during the second quarter worth about $1,174,000. Institutional investors and hedge funds own 92.59% of the company’s stock.

Insider Activity

In other news, Director Carol P. Lowe sold 950 shares of the stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total value of $802,275.00. Following the completion of the transaction, the director owned 17,278 shares in the company, valued at $14,591,271. This trade represents a 5.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.73% of the stock is owned by corporate insiders.

EMCOR Group Price Performance

EMCOR Group stock opened at $788.39 on Friday. EMCOR Group, Inc. has a 1-year low of $564.92 and a 1-year high of $951.96. The company has a market cap of $34.78 billion, a PE ratio of 24.52 and a beta of 1.14. The stock’s 50 day moving average price is $798.27 and its 200 day moving average price is $800.61.

EMCOR Group (NYSE:EME) last released its quarterly earnings data on Thursday, July 30th. The construction company reported $9.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.23 by $1.83. EMCOR Group had a return on equity of 35.49% and a net margin of 7.74%.The firm had revenue of $5.15 billion during the quarter, compared to analysts’ expectations of $4.71 billion. During the same quarter in the prior year, the business posted $6.72 earnings per share. EMCOR Group’s revenue was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. On average, equities research analysts anticipate that EMCOR Group, Inc. will post 33.04 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, July 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio is 4.98%.

Analysts Set New Price Targets

EME has been the topic of several recent research reports. UBS Group boosted their price target on EMCOR Group from $975.00 to $1,065.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a research note on Friday, July 17th. Stifel Nicolaus set a $918.00 target price on EMCOR Group in a research note on Thursday, April 30th. Cantor Fitzgerald dropped their target price on EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating on the stock in a report on Monday, August 10th. Finally, Wall Street Zen upgraded EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $965.86.

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.