Danske Bank A S Invests $23.88 Million in EMCOR Group, Inc. $EME

Danske Bank A S bought a new stake in EMCOR Group, Inc. (NYSE:EME) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 28,779 shares of the construction company’s stock, valued at approximately $23,883,000.

Other large investors also recently bought and sold shares of the company. Swiss RE Ltd. purchased a new position in shares of EMCOR Group in the 4th quarter worth $25,000. Ascentis Independent Advisors bought a new position in shares of EMCOR Group in the 1st quarter valued at about $27,000. Zions Bancorporation National Association UT bought a new position in shares of EMCOR Group in the 4th quarter valued at about $28,000. Activest Wealth Management grew its position in 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 acquiring an additional 48 shares in the last quarter. Finally, Basecamp Wealth Advisors LLC increased its stake 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 acquiring an additional 47 shares during the last quarter. Institutional investors own 92.59% of the company’s stock.

Insider Transactions at EMCOR Group

In other EMCOR Group news, Director Carol P. Lowe sold 950 shares of the firm’s stock in a transaction on 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 directly owned 17,278 shares in the company, valued at $14,591,271. This trade represents a 5.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.73% of the stock is currently owned by company insiders.

EMCOR Group Price Performance

Shares of EME opened at $804.87 on Thursday. EMCOR Group, Inc. has a 1-year low of $564.92 and a 1-year high of $951.96. The company has a 50-day moving average of $798.75 and a 200 day moving average of $800.14. The firm has a market capitalization of $35.50 billion, a price-to-earnings ratio of 25.03 and a beta of 1.14.

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

EMCOR Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Wednesday, July 15th were paid a $0.40 dividend. The ex-dividend date of this dividend was Wednesday, July 15th. This represents a $1.60 annualized dividend and a yield of 0.2%. EMCOR Group’s dividend payout ratio is 4.98%.

Analysts Set New Price Targets

Several research firms have recently issued reports on EME. Stifel Nicolaus set a $918.00 price objective on EMCOR Group in a research note on Thursday, April 30th. Oppenheimer increased their target price on shares of EMCOR Group from $1,100.00 to $1,200.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. DA Davidson set a $1,047.00 target price on shares of EMCOR Group in a report on Monday, August 10th. Zacks Research upgraded shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Finally, Cantor Fitzgerald reduced their price objective on shares of EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating on the stock in a research report on Monday, August 10th. One research 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. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $965.86.

About EMCOR Group

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.