Susquehanna Fundamental Investments LLC raised its stake in EMCOR Group, Inc. (NYSE:EME – Free Report) by 100.5% during the second quarter, Holdings Channel.com reports. The institutional investor owned 7,560 shares of the construction company’s stock after purchasing an additional 3,790 shares during the quarter. Susquehanna Fundamental Investments LLC’s holdings in EMCOR Group were worth $6,274,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. increased its stake in EMCOR Group by 3.8% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 356 shares of the construction company’s stock valued at $270,000 after acquiring an additional 13 shares during the last quarter. PAX Financial Group LLC raised its holdings in shares of EMCOR Group by 3.6% during the 4th quarter. PAX Financial Group LLC now owns 404 shares of the construction company’s stock valued at $247,000 after buying an additional 14 shares in the last quarter. KPP Advisory Services LLC lifted its position in EMCOR Group by 3.9% in the 4th quarter. KPP Advisory Services LLC now owns 399 shares of the construction company’s stock worth $244,000 after buying an additional 15 shares during the last quarter. Cornerstone Wealth Management LLC lifted its position in EMCOR Group by 2.1% in the 4th quarter. Cornerstone Wealth Management LLC now owns 739 shares of the construction company’s stock worth $452,000 after buying an additional 15 shares during the last quarter. Finally, Investment Advisory Services Inc. TX ADV boosted its stake in EMCOR Group by 3.7% in the first quarter. Investment Advisory Services Inc. TX ADV now owns 419 shares of the construction company’s stock worth $309,000 after buying an additional 15 shares in the last quarter. 92.59% of the stock is owned by institutional investors.
Insider Activity at EMCOR Group
In other news, Director Carol P. Lowe sold 950 shares of the firm’s 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 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.73% of the stock is currently owned by insiders.
Analysts Set New Price Targets
View Our Latest Analysis on EME
EMCOR Group Stock Performance
Shares of EME stock opened at $734.73 on Tuesday. The firm has a market cap of $32.41 billion, a P/E ratio of 22.85 and a beta of 1.14. The business’s 50 day moving average price is $786.87 and its 200-day moving average price is $801.16. EMCOR Group, Inc. has a fifty-two week low of $564.92 and a fifty-two week high of $951.96.
EMCOR Group (NYSE:EME – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The construction company reported $9.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.23 by $1.83. EMCOR Group had a net margin of 7.74% and a return on equity of 35.49%. The business had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $4.71 billion. During the same period in the previous year, the firm earned $6.72 EPS. The company’s quarterly 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. As a group, equities analysts predict that EMCOR Group, Inc. will post 33.04 EPS for the current year.
EMCOR Group Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th were given a $0.40 dividend. The ex-dividend date of this dividend was Wednesday, July 15th. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio is currently 4.98%.
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.
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