Impact Partnership Wealth LLC Buys 1,043 Shares of EMCOR Group, Inc. $EME

Impact Partnership Wealth LLC grew its position in shares of EMCOR Group, Inc. (NYSE:EMEFree Report) by 92.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,171 shares of the construction company’s stock after purchasing an additional 1,043 shares during the period. Impact Partnership Wealth LLC’s holdings in EMCOR Group were worth $1,328,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in EMCOR Group by 17.6% during the 3rd quarter. Vanguard Group Inc. now owns 5,332,636 shares of the construction company’s stock valued at $3,463,760,000 after buying an additional 798,975 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of EMCOR Group by 132,234.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 669,611 shares of the construction company’s stock worth $409,661,000 after acquiring an additional 669,105 shares in the last quarter. Norges Bank purchased a new stake in shares of EMCOR Group during the 4th quarter worth approximately $389,702,000. Victory Capital Management Inc. boosted its position in shares of EMCOR Group by 48.8% during the 3rd quarter. Victory Capital Management Inc. now owns 949,360 shares of the construction company’s stock valued at $572,351,000 after acquiring an additional 311,474 shares during the last quarter. Finally, State Street Corp boosted its position in shares of EMCOR Group by 15.2% during the 3rd quarter. State Street Corp now owns 1,852,991 shares of the construction company’s stock valued at $1,203,592,000 after acquiring an additional 244,494 shares during the last quarter. 92.59% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Robert W. Baird increased their price objective on shares of EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. UBS Group lifted their price objective on shares of EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Cantor Fitzgerald initiated coverage on shares of EMCOR Group in a report on Tuesday, March 10th. They issued an “overweight” rating and a $848.00 target price on the stock. Finally, DA Davidson upped their target price on shares of EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a research report on Friday, February 27th. Ten investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, EMCOR Group has a consensus rating of “Moderate Buy” and an average target price of $836.88.

Check Out Our Latest Stock Analysis on EMCOR Group

EMCOR Group Trading Down 2.7%

Shares of NYSE:EME opened at $825.34 on Friday. The company has a market capitalization of $36.68 billion, a price-to-earnings ratio of 27.69 and a beta of 1.17. EMCOR Group, Inc. has a 12 month low of $455.14 and a 12 month high of $951.96. The firm’s 50-day moving average is $829.32 and its 200 day moving average is $733.01.

EMCOR Group (NYSE:EMEGet Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, beating the consensus estimate of $5.90 by $0.94. The company had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $4.20 billion. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The firm’s revenue was up 19.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, equities analysts forecast that EMCOR Group, Inc. will post 28.67 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Thursday, April 16th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.2%. The ex-dividend date was Thursday, April 16th. EMCOR Group’s dividend payout ratio is presently 5.37%.

Insider Activity at EMCOR Group

In related news, VP Robert Peter Lind sold 675 shares of the company’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $894.27, for a total transaction of $603,632.25. Following the transaction, the vice president directly owned 4,216 shares in the company, valued at approximately $3,770,242.32. This represents a 13.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Anthony Guzzi sold 36,000 shares of the company’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $729.48, for a total transaction of $26,261,280.00. Following the transaction, the chief executive officer owned 170,299 shares in the company, valued at $124,229,714.52. The trade was a 17.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 45,077 shares of company stock worth $34,416,471 in the last three months. 0.83% of the stock is owned by insiders.

EMCOR Group Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for EMCOR Group (NYSE:EME)

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