Banque Cantonale Vaudoise boosted its holdings in shares of EMCOR Group, Inc. (NYSE:EME – Free Report) by 285.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,465 shares of the construction company’s stock after purchasing an additional 7,011 shares during the period. Banque Cantonale Vaudoise’s holdings in EMCOR Group were worth $5,791,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EME. PAX Financial Group LLC increased its holdings in shares of EMCOR Group by 3.6% during the fourth quarter. PAX Financial Group LLC now owns 404 shares of the construction company’s stock worth $247,000 after buying an additional 14 shares in the last quarter. Austin Private Wealth LLC increased its holdings in shares of EMCOR Group by 3.6% during the fourth quarter. Austin Private Wealth LLC now owns 437 shares of the construction company’s stock worth $267,000 after buying an additional 15 shares in the last quarter. First National Bank of Hutchinson increased its holdings in shares of EMCOR Group by 0.9% during the fourth quarter. First National Bank of Hutchinson now owns 1,614 shares of the construction company’s stock worth $987,000 after buying an additional 15 shares in the last quarter. Advisors Capital Management LLC increased its holdings in shares of EMCOR Group by 3.4% during the fourth quarter. Advisors Capital Management LLC now owns 450 shares of the construction company’s stock worth $275,000 after buying an additional 15 shares in the last quarter. Finally, KPP Advisory Services LLC increased its holdings in shares of EMCOR Group by 3.9% during the fourth quarter. KPP Advisory Services LLC now owns 399 shares of the construction company’s stock worth $244,000 after buying an additional 15 shares in the last quarter. 92.59% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on the stock. Robert W. Baird upped their price target on shares of EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a report on Friday, February 27th. Stifel Nicolaus set a $918.00 price target on shares of EMCOR Group in a report on Thursday, April 30th. DA Davidson upped their price target on shares of EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a report on Friday, February 27th. Cantor Fitzgerald assumed coverage on shares of EMCOR Group in a report on Tuesday, March 10th. They set an “overweight” rating and a $848.00 price target for the company. Finally, Wall Street Zen upgraded shares of EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, EMCOR Group currently has an average rating of “Moderate Buy” and a consensus price target of $799.29.
EMCOR Group Trading Down 2.5%
Shares of EMCOR Group stock opened at $854.83 on Wednesday. The business has a 50-day moving average price of $809.04 and a two-hundred day moving average price of $722.94. EMCOR Group, Inc. has a 1-year low of $450.68 and a 1-year high of $951.96. The company has a market cap of $37.99 billion, a P/E ratio of 28.68 and a beta of 1.17.
EMCOR Group (NYSE:EME – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share 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 during the quarter, compared to the consensus estimate of $4.20 billion. During the same period last year, the business posted $5.41 EPS. The business’s revenue 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. Equities research analysts forecast that EMCOR Group, Inc. will post 28.67 EPS for the current fiscal year.
EMCOR Group Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Thursday, April 16th. EMCOR Group’s dividend payout ratio (DPR) is presently 5.37%.
Insider Activity
In other EMCOR Group news, CFO Jason R. Nalbandian sold 800 shares of the stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $856.43, for a total transaction of $685,144.00. Following the completion of the sale, the chief financial officer directly owned 18,157 shares in the company, valued at approximately $15,550,199.51. This trade represents a 4.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Steven Schwarzwaelder sold 5,602 shares of the stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $895.19, for a total transaction of $5,014,854.38. Following the transaction, the director directly owned 15,875 shares in the company, valued at $14,211,141.25. This trade represents a 26.08% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 45,077 shares of company stock worth $34,416,471. 1.26% of the stock is owned by 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.
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