Sanctuary Advisors LLC Takes Position in EMCOR Group, Inc. $EME

Sanctuary Advisors LLC bought a new stake in EMCOR Group, Inc. (NYSE:EMEFree Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 10,904 shares of the construction company’s stock, valued at approximately $9,049,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EME. Ascentis Independent Advisors bought a new stake in shares of EMCOR Group in the 1st quarter worth approximately $27,000. Swiss RE Ltd. bought a new stake in shares of EMCOR Group during the fourth quarter valued at approximately $25,000. Zions Bancorporation National Association UT bought a new stake in shares of EMCOR Group during the fourth quarter valued at approximately $28,000. Clearstead Trust LLC acquired a new position in shares of EMCOR Group in the second quarter valued at $38,000. Finally, Basecamp Wealth Advisors LLC lifted its position in EMCOR Group by 4,700.0% in the first quarter. Basecamp Wealth Advisors LLC now owns 48 shares of the construction company’s stock worth $35,000 after purchasing an additional 47 shares during the period. 92.59% of the stock is currently owned by institutional investors.

EMCOR Group Stock Down 1.5%

NYSE:EME opened at $765.23 on Tuesday. The firm has a market cap of $33.75 billion, a PE ratio of 23.80 and a beta of 1.14. EMCOR Group, Inc. has a 12 month low of $564.92 and a 12 month high of $951.96. The company’s 50-day moving average price is $795.86 and its two-hundred day moving average price is $801.09.

EMCOR Group (NYSE:EMEGet Free Report) last posted its quarterly earnings data on Thursday, July 30th. The construction company reported $9.06 earnings per share for the quarter, topping the consensus estimate of $7.23 by $1.83. The company had revenue of $5.15 billion during the quarter, compared to analyst estimates of $4.71 billion. EMCOR Group had a net margin of 7.74% and a return on equity of 35.49%. The company’s revenue was up 19.7% on a year-over-year basis. During the same quarter last year, the business posted $6.72 earnings per share. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. On average, research analysts expect that EMCOR Group, Inc. will post 33.04 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Wednesday, July 15th 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 of this dividend was Wednesday, July 15th. EMCOR Group’s dividend payout ratio (DPR) is currently 4.98%.

Insider Transactions at EMCOR Group

In other EMCOR Group news, Director Carol P. Lowe sold 950 shares of EMCOR Group stock in a transaction 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 approximately $14,591,271. The trade was a 5.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.73% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on EME shares. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a research note on Friday, July 17th. Wall Street Zen upgraded shares of EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Oppenheimer lifted their target price on shares of EMCOR Group from $1,100.00 to $1,200.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Stifel Nicolaus set a $918.00 target price on shares of EMCOR Group in a research note on Thursday, April 30th. Finally, DA Davidson set a $1,047.00 price target on shares of EMCOR Group in a research report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, EMCOR Group presently has an average rating of “Buy” and an average target price of $965.86.

Check Out Our Latest Report on EMCOR Group

EMCOR Group 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.

See Also

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

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