Grandfield & Dodd LLC Invests $715,000 in EMCOR Group, Inc. $EME

Grandfield & Dodd LLC acquired a new stake in shares of EMCOR Group, Inc. (NYSE:EME) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 861 shares of the construction company’s stock, valued at approximately $715,000.

Other hedge funds also recently modified their holdings of the company. Swiss RE Ltd. purchased a new stake in EMCOR Group in the 4th quarter worth about $25,000. Ascentis Independent Advisors acquired a new stake in EMCOR Group in the first quarter valued at approximately $27,000. Zions Bancorporation National Association UT acquired a new stake in shares of EMCOR Group in the 4th quarter valued at $28,000. Activest Wealth Management lifted its position in shares of EMCOR Group by 800.0% in the fourth quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock worth $33,000 after buying an additional 48 shares during the last quarter. Finally, Basecamp Wealth Advisors LLC boosted its position in EMCOR Group by 4,700.0% during 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. Hedge funds and other institutional investors own 92.59% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. 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. DA Davidson set a $1,047.00 price objective on EMCOR Group in a report on Monday, August 10th. Cantor Fitzgerald lowered their target price on shares of EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating on the stock in a report on Monday, August 10th. Finally, Oppenheimer raised their price target on EMCOR Group from $1,100.00 to $1,200.00 and gave the company an “outperform” rating in a report on Friday, July 31st. One 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, the company presently has an average rating of “Buy” and a consensus target price of $965.86.

Insider Buying and Selling at EMCOR Group

In other news, Director Carol P. Lowe sold 950 shares of EMCOR Group stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $844.50, for a total transaction of $802,275.00. Following the transaction, the director owned 17,278 shares in the company, valued at $14,591,271. The trade was a 5.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.73% of the stock is owned by company insiders.

EMCOR Group Stock Performance

Shares of EMCOR Group stock opened at $863.28 on Tuesday. The firm has a fifty day moving average of $798.23 and a two-hundred day moving average of $798.93. The stock has a market capitalization of $38.08 billion, a price-to-earnings ratio of 26.85 and a beta of 1.14. EMCOR Group, Inc. has a 52 week low of $564.92 and a 52 week high of $951.96.

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

EMCOR Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Wednesday, July 15th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend 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 presently 4.98%.

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.