Caitlin John LLC Makes New Investment in EMCOR Group, Inc. $EME

Caitlin John LLC purchased a new position in shares of EMCOR Group, Inc. (NYSE:EME) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 1,168 shares of the construction company’s stock, valued at approximately $969,000.

A number of other hedge funds have also recently modified their holdings of EME. Ascentis Independent Advisors purchased a new stake in shares of EMCOR Group in the 1st quarter worth $27,000. Swiss RE Ltd. bought a new stake in EMCOR Group during the fourth quarter valued at about $25,000. Zions Bancorporation National Association UT bought a new stake in EMCOR Group during the fourth quarter valued at about $28,000. Clearstead Trust LLC bought a new stake in EMCOR Group during the second quarter valued at about $38,000. Finally, Basecamp Wealth Advisors LLC increased 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 buying an additional 47 shares in the last quarter. Institutional investors own 92.59% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on EME shares. Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Stifel Nicolaus set a $918.00 target price on shares of EMCOR Group in a report on Thursday, April 30th. DA Davidson set a $1,047.00 target price on shares of EMCOR Group in a research note on Monday, August 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a report on Friday, July 17th. Finally, Oppenheimer increased their price objective on shares of EMCOR Group from $1,100.00 to $1,200.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, EMCOR Group presently has an average rating of “Buy” and an average price target of $965.86.

EMCOR Group Trading Up 1.6%

NYSE:EME opened at $775.48 on Friday. The stock has a 50-day moving average price of $791.50 and a 200 day moving average price of $801.71. The stock has a market capitalization of $34.21 billion, a P/E ratio of 24.12 and a beta of 1.14. EMCOR Group, Inc. has a 12-month low of $564.92 and a 12-month high of $951.96.

EMCOR Group (NYSE:EME) last posted its quarterly earnings results on Thursday, July 30th. The construction company reported $9.06 EPS for the quarter, topping analysts’ consensus estimates of $7.23 by $1.83. EMCOR Group had a return on equity of 35.49% and a net margin of 7.74%.The company had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $4.71 billion. During the same period in the previous year, the firm earned $6.72 EPS. The firm’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, research analysts predict that EMCOR Group, Inc. will post 33.04 earnings per share for the current fiscal year.

EMCOR Group Dividend Announcement

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

Insider Activity

In other 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 transaction of $802,275.00. Following the completion of the transaction, the director directly owned 17,278 shares in the company, valued at approximately $14,591,271. This represents a 5.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.73% of the stock is owned by company insiders.

EMCOR Group 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.