Shares of EMCOR Group, Inc. (NYSE:EME – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the thirteen brokerages that are covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $784.4286.
A number of research firms recently issued reports on EME. Stifel Nicolaus raised their price target on EMCOR Group from $754.00 to $814.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. DA Davidson raised their price target on EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a research note on Wednesday, January 21st. Cantor Fitzgerald began coverage on EMCOR Group in a research note on Tuesday, March 10th. They set an “overweight” rating and a $848.00 price target on the stock. Finally, Robert W. Baird raised their price target on EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a research note on Friday, February 27th.
Get Our Latest Stock Analysis on EMCOR Group
EMCOR Group Stock Performance
EMCOR Group (NYSE:EME – Get Free Report) last issued its earnings results on Thursday, February 26th. The construction company reported $7.19 earnings per share for the quarter, topping the consensus estimate of $6.68 by $0.51. The business had revenue of $4.51 billion for the quarter, compared to analyst estimates of $4.28 billion. EMCOR Group had a return on equity of 35.89% and a net margin of 7.49%.The business’s quarterly revenue was up 19.7% on a year-over-year basis. During the same quarter last year, the company earned $6.32 EPS. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. On average, sell-side analysts forecast that EMCOR Group will post 20.74 earnings per share for the current fiscal year.
EMCOR Group declared that its Board of Directors has authorized a stock repurchase plan on Thursday, December 18th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the construction company to purchase up to 1.9% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its stock is undervalued.
EMCOR Group Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Thursday, April 16th. EMCOR Group’s dividend payout ratio (DPR) is 5.67%.
Insider Buying and Selling at EMCOR Group
In other EMCOR Group news, CEO Anthony Guzzi sold 36,000 shares of EMCOR Group stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $729.48, for a total value of $26,261,280.00. Following the transaction, the chief executive officer directly owned 170,299 shares in the company, valued at approximately $124,229,714.52. This trade represents a 17.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.26% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the stock. Swiss RE Ltd. purchased a new position in shares of EMCOR Group in the 4th quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of EMCOR Group in the 4th quarter valued at approximately $26,000. Main Street Group LTD lifted its holdings in shares of EMCOR Group by 110.0% in the 3rd quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock valued at $27,000 after buying an additional 22 shares during the period. Zions Bancorporation National Association UT acquired a new stake in shares of EMCOR Group in the 4th quarter valued at approximately $28,000. Finally, Quent Capital LLC acquired a new stake in shares of EMCOR Group in the 3rd quarter valued at approximately $29,000. 92.59% of the stock is currently owned by hedge funds and other institutional investors.
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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