Jefferies Financial Group Inc. Acquires Shares of 3,356 EMCOR Group, Inc. $EME

Jefferies Financial Group Inc. bought a new position in shares of EMCOR Group, Inc. (NYSE:EME) in the third quarter, Holdings Channel.com reports. The firm bought 3,356 shares of the construction company’s stock, valued at approximately $2,180,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Dynamic Technology Lab Private Ltd bought a new stake in shares of EMCOR Group in the third quarter valued at approximately $631,000. Vinva Investment Management Ltd boosted its holdings in EMCOR Group by 1.9% in the 3rd quarter. Vinva Investment Management Ltd now owns 52,289 shares of the construction company’s stock worth $33,498,000 after buying an additional 971 shares during the period. Parallel Advisors LLC grew its stake in EMCOR Group by 12.0% in the 3rd quarter. Parallel Advisors LLC now owns 1,006 shares of the construction company’s stock valued at $654,000 after buying an additional 108 shares in the last quarter. CreativeOne Wealth LLC grew its stake in EMCOR Group by 17.1% in the 3rd quarter. CreativeOne Wealth LLC now owns 2,467 shares of the construction company’s stock valued at $1,602,000 after buying an additional 361 shares in the last quarter. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund raised its holdings in EMCOR Group by 100.0% during the 3rd quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 3,600 shares of the construction company’s stock valued at $2,338,000 after acquiring an additional 1,800 shares during the period. Institutional investors own 92.59% of the company’s stock.

Insider Transactions at EMCOR Group

In related news, CEO Anthony Guzzi sold 36,000 shares of the stock in a transaction 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 owned 170,299 shares of the company’s stock, valued at $124,229,714.52. This represents a 17.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.26% of the company’s stock.

EMCOR Group Trading Up 0.6%

EME stock opened at $723.64 on Wednesday. The company’s 50 day moving average is $722.68 and its 200 day moving average is $670.47. The stock has a market cap of $32.22 billion, a price-to-earnings ratio of 25.63 and a beta of 1.16. EMCOR Group, Inc. has a 1-year low of $320.89 and a 1-year high of $835.00.

EMCOR Group (NYSE:EME) last announced its earnings results on Thursday, February 26th. The construction company reported $7.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.68 by $0.51. EMCOR Group had a net margin of 7.49% and a return on equity of 35.89%. The business had revenue of $4.51 billion during the quarter, compared to analyst estimates of $4.28 billion. EMCOR Group’s revenue for the quarter was up 19.7% on a year-over-year basis. During the same period in the previous year, the business posted $6.32 earnings per share. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. As a group, sell-side analysts forecast that EMCOR Group, Inc. will post 20.74 EPS for the current fiscal year.

EMCOR Group announced that its Board of Directors has initiated a stock buyback program on Thursday, December 18th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the construction company to reacquire up to 1.9% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

EMCOR Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 14th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.2%. This is a boost from EMCOR Group’s previous quarterly dividend of $0.25. The ex-dividend date was Wednesday, January 14th. EMCOR Group’s dividend payout ratio (DPR) is presently 5.67%.

Analyst Ratings Changes

Several equities research analysts have issued reports on EME shares. Zacks Research downgraded EMCOR Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 19th. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a research report on Wednesday, January 21st. Robert W. Baird boosted their price objective on EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a research note on Friday, February 27th. DA Davidson increased their price objective on EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a report on Friday, February 27th. Finally, UBS Group raised their target price on EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a research note on Friday. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $784.43.

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.