EMCOR Group (NYSE:EME) VP Sells $603,632.25 in Stock

EMCOR Group, Inc. (NYSE:EME) VP Robert Peter Lind sold 675 shares of the business’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $894.27, for a total value of $603,632.25. Following the sale, the vice president owned 4,216 shares of the company’s stock, valued at $3,770,242.32. The trade was a 13.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

EMCOR Group Stock Performance

Shares of NYSE:EME traded up $7.11 during trading on Monday, reaching $910.61. 314,307 shares of the stock were exchanged, compared to its average volume of 376,099. EMCOR Group, Inc. has a 12-month low of $426.28 and a 12-month high of $921.22. The firm has a market cap of $40.47 billion, a price-to-earnings ratio of 30.55 and a beta of 1.17. The firm’s 50-day moving average price is $774.16 and its 200 day moving average price is $707.25.

EMCOR Group (NYSE:EME) last released its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, topping the consensus estimate of $5.90 by $0.94. The firm had revenue of $4.63 billion for the quarter, compared to analyst estimates of $4.20 billion. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.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 company posted $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, equities research analysts forecast that EMCOR Group, Inc. will post 28.53 EPS for the current year.

EMCOR Group Dividend Announcement

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

Analysts Set New Price Targets

EME has been the topic of several recent research reports. DA Davidson boosted their price target on EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. Robert W. Baird boosted their price target on EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. Zacks Research raised EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. Stifel Nicolaus set a $918.00 price target on EMCOR Group in a research report on Thursday. Finally, Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday. One equities research 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. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $799.29.

Institutional Investors Weigh In On EMCOR Group

Institutional investors and hedge funds have recently made changes to their positions in the company. Ascentis Independent Advisors acquired a new stake in shares of EMCOR Group during the 1st quarter valued at approximately $27,000. Swiss RE Ltd. acquired a new stake in shares of EMCOR Group during the 4th quarter valued at approximately $25,000. Main Street Group LTD raised its position in shares of EMCOR Group by 110.0% during the 3rd quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock valued at $27,000 after acquiring an additional 22 shares in the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of EMCOR Group during the 4th quarter valued at approximately $26,000. Finally, Quent Capital LLC acquired a new stake in shares of EMCOR Group during the 3rd quarter valued at approximately $29,000. 92.59% of the stock is owned by institutional investors and hedge funds.

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.