Gateway Investment Advisers LLC Buys New Stake in EMCOR Group, Inc. $EME

Gateway Investment Advisers LLC bought a new stake in shares of EMCOR Group, Inc. (NYSE:EME) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 3,583 shares of the construction company’s stock, valued at approximately $2,192,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Austin Private Wealth LLC lifted its holdings in shares of EMCOR Group by 3.6% during the 4th quarter. Austin Private Wealth LLC now owns 437 shares of the construction company’s stock valued at $267,000 after acquiring an additional 15 shares in the last quarter. First National Bank of Hutchinson lifted its holdings in shares of EMCOR Group by 0.9% during the 4th quarter. First National Bank of Hutchinson now owns 1,614 shares of the construction company’s stock valued at $987,000 after acquiring an additional 15 shares in the last quarter. Advisors Capital Management LLC lifted its holdings in shares of EMCOR Group by 3.4% during the 4th quarter. Advisors Capital Management LLC now owns 450 shares of the construction company’s stock valued at $275,000 after acquiring an additional 15 shares in the last quarter. KPP Advisory Services LLC lifted its holdings in shares of EMCOR Group by 3.9% during the 4th quarter. KPP Advisory Services LLC now owns 399 shares of the construction company’s stock valued at $244,000 after acquiring an additional 15 shares in the last quarter. Finally, Raleigh Capital Management Inc. lifted its holdings in shares of EMCOR Group by 2.9% during the 4th quarter. Raleigh Capital Management Inc. now owns 603 shares of the construction company’s stock valued at $369,000 after acquiring an additional 17 shares in the last quarter. Institutional investors and hedge funds own 92.59% of the company’s stock.

Analysts Set New Price Targets

EME has been the topic of several recent research reports. Wall Street Zen upgraded shares of EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Stifel Nicolaus set a $918.00 price target on shares of EMCOR Group in a research note on Thursday, April 30th. Cantor Fitzgerald assumed coverage on shares of EMCOR Group in a research note on Tuesday, March 10th. They set an “overweight” rating and a $848.00 price target on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a research note on Monday, April 20th. Finally, Zacks Research raised shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, EMCOR Group currently has a consensus rating of “Moderate Buy” and an average price target of $799.29.

Insider Activity at EMCOR Group

In other news, CEO Anthony Guzzi sold 36,000 shares of the business’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $729.48, for a total value of $26,261,280.00. Following the completion of the sale, the chief executive officer owned 170,299 shares of the company’s stock, valued at approximately $124,229,714.52. The trade was a 17.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 transaction of $603,632.25. Following the completion of the sale, the vice president directly 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 SEC filing for this sale provides additional information. Insiders sold a total of 43,077 shares of company stock worth $32,564,911 over the last quarter. Company insiders own 0.83% of the company’s stock.

EMCOR Group Price Performance

EMCOR Group stock opened at $920.72 on Friday. EMCOR Group, Inc. has a 12-month low of $436.61 and a 12-month high of $951.96. The company has a market capitalization of $40.92 billion, a price-to-earnings ratio of 30.89 and a beta of 1.17. The firm’s fifty day moving average price is $781.73 and its 200 day moving average price is $712.43.

EMCOR Group (NYSE:EME) last released its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) 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 the consensus estimate of $4.20 billion. During the same quarter in the previous year, the firm posted $5.41 EPS. The firm’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. Analysts forecast that EMCOR Group, Inc. will post 28.67 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

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

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.