EMCOR Group (NYSE:EME) Director Sells $5,014,854.38 in Stock

EMCOR Group, Inc. (NYSE:EME) Director Steven Schwarzwaelder sold 5,602 shares of the stock in a transaction that occurred on 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 completion of the sale, the director owned 15,875 shares in the company, valued at $14,211,141.25. This represents a 26.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

EMCOR Group Price Performance

Shares of NYSE:EME opened at $945.28 on Thursday. The firm has a fifty day moving average price of $779.38 and a two-hundred day moving average price of $710.78. The company has a market cap of $42.01 billion, a price-to-earnings ratio of 31.71 and a beta of 1.17. EMCOR Group, Inc. has a one year low of $427.89 and a one year high of $951.96.

EMCOR Group (NYSE:EME) last released its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share for the quarter, topping the consensus estimate of $5.90 by $0.94. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The firm had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $4.20 billion. During the same quarter in the prior year, the firm posted $5.41 earnings per share. The business’s quarterly revenue was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. Equities research analysts expect that EMCOR Group, Inc. will post 28.67 EPS for the current fiscal year.

EMCOR Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th were paid a $0.40 dividend. 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 is currently 5.37%.

Institutional Trading of EMCOR Group

A number of hedge funds have recently bought and sold shares of EME. Swiss RE Ltd. bought a new stake in shares of EMCOR Group in the 4th quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in shares of EMCOR Group during the 4th quarter valued at $26,000. Main Street Group LTD grew its holdings 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 purchasing an additional 22 shares during the last quarter. Ascentis Independent Advisors purchased a new position in EMCOR Group in the 1st quarter worth $27,000. Finally, Zions Bancorporation National Association UT bought a new stake in EMCOR Group in the fourth quarter worth $28,000. Institutional investors own 92.59% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on EME shares. Zacks Research upgraded EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a research note on Monday, April 20th. Robert W. Baird boosted their price target on shares of EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a research note on Friday, February 27th. UBS Group increased their price target on shares of EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Finally, DA Davidson raised their price objective 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. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, EMCOR Group currently has a consensus rating of “Moderate Buy” and an average price target of $799.29.

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.