EMCOR Group, Inc. Declares Quarterly Dividend of $0.40 (NYSE:EME)

EMCOR Group, Inc. (NYSE:EME) declared a quarterly dividend on Wednesday, July 1st. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.40 per share by the construction company on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Wednesday, July 15th.

EMCOR Group has increased its dividend payment by an average of 0.3%per year over the last three years and has raised its dividend annually for the last 5 consecutive years. EMCOR Group has a payout ratio of 6.3% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect EMCOR Group to earn $32.83 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 4.9%.

EMCOR Group Stock Performance

EME stock opened at $804.81 on Thursday. The firm has a 50 day moving average price of $857.16 and a 200-day moving average price of $768.10. EMCOR Group has a 52-week low of $529.04 and a 52-week high of $951.96. The firm has a market capitalization of $35.77 billion, a price-to-earnings ratio of 27.00 and a beta of 1.13.

EMCOR Group (NYSE:EME) last issued its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, topping 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 firm had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $4.20 billion. During the same period in the previous year, the firm posted $5.41 EPS. The business’s revenue for the quarter 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, sell-side analysts forecast that EMCOR Group will post 29.37 earnings per share for the current fiscal year.

Insider Buying and Selling at EMCOR Group

In other news, Director William P. Reid sold 2,000 shares of the firm’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $925.78, for a total transaction of $1,851,560.00. Following the sale, the director owned 10,149 shares of the company’s stock, valued at $9,395,741.22. This trade represents a 16.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Jason R. Nalbandian sold 800 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $856.43, for a total transaction of $685,144.00. Following the transaction, the chief financial officer directly 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. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 10,027 shares of company stock worth $8,957,466. 0.83% of the stock is owned by company insiders.

Institutional Trading of EMCOR Group

A number of hedge funds have recently bought and sold shares of EME. Great Lakes Advisors LLC increased its position in shares of EMCOR Group by 32.3% during the 1st quarter. Great Lakes Advisors LLC now owns 590 shares of the construction company’s stock valued at $218,000 after purchasing an additional 144 shares during the last quarter. Geneos Wealth Management Inc. grew its position in EMCOR Group by 93.0% during the first quarter. Geneos Wealth Management Inc. now owns 220 shares of the construction company’s stock valued at $81,000 after buying an additional 106 shares during the period. Sivia Capital Partners LLC bought a new stake in EMCOR Group during the second quarter valued at approximately $459,000. Baird Financial Group Inc. increased its holdings in EMCOR Group by 5.0% during the second quarter. Baird Financial Group Inc. now owns 5,820 shares of the construction company’s stock valued at $3,113,000 after buying an additional 275 shares during the last quarter. Finally, Bank of Nova Scotia increased its holdings in EMCOR Group by 406.1% during the second quarter. Bank of Nova Scotia now owns 4,565 shares of the construction company’s stock valued at $2,442,000 after buying an additional 3,663 shares during the last quarter. Hedge funds and other institutional investors own 92.59% of the company’s stock.

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.