EMCOR Group, Inc. (NYSE:EME) Given Consensus Recommendation of “Moderate Buy” by Brokerages

EMCOR Group, Inc. (NYSE:EME) has earned a consensus recommendation of “Moderate Buy” from the thirteen ratings firms that are presently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $784.4286.

A number of research firms have recently commented on EME. DA Davidson boosted their target price on shares of EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. Cantor Fitzgerald began coverage on EMCOR Group in a report on Tuesday, March 10th. They issued an “overweight” rating and a $848.00 price objective on the stock. UBS Group boosted their price objective on EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Zacks Research downgraded EMCOR Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 19th. Finally, Stifel Nicolaus lifted their price target on EMCOR Group from $754.00 to $814.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd.

Insider Activity

In other news, CEO Anthony Guzzi sold 36,000 shares of the company’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $729.48, for a total transaction 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 $124,229,714.52. This represents a 17.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.83% of the stock is owned by insiders.

Hedge Funds Weigh In On EMCOR Group

A number of institutional investors and hedge funds have recently bought and sold shares of EME. Swiss RE Ltd. acquired a new stake in EMCOR Group in the 4th quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of EMCOR Group during the 4th quarter worth approximately $26,000. Main Street Group LTD grew its position in shares of EMCOR Group by 110.0% in the third 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 in the last quarter. Zions Bancorporation National Association UT purchased a new stake in shares of EMCOR Group in the fourth quarter valued at approximately $28,000. Finally, Quent Capital LLC acquired a new stake in shares of EMCOR Group in the third quarter valued at approximately $29,000. 92.59% of the stock is currently owned by institutional investors and hedge funds.

EMCOR Group Stock Performance

EMCOR Group stock opened at $710.78 on Friday. The company’s fifty day moving average price is $728.25 and its 200 day moving average price is $672.17. EMCOR Group has a 1 year low of $320.89 and a 1 year high of $835.00. The stock has a market capitalization of $31.65 billion, a P/E ratio of 25.18 and a beta of 1.16.

EMCOR Group (NYSE:EME) last issued its quarterly earnings results on Thursday, February 26th. The construction company reported $7.19 EPS for the quarter, topping the consensus estimate of $6.68 by $0.51. The company had revenue of $4.51 billion during the quarter, compared to analyst estimates of $4.28 billion. EMCOR Group had a net margin of 7.49% and a return on equity of 35.89%. The firm’s revenue was up 19.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $6.32 EPS. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. Sell-side analysts predict that EMCOR Group will post 20.74 EPS for the current year.

EMCOR Group announced that its Board of Directors has initiated a stock repurchase program on Thursday, December 18th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the construction company to reacquire up to 1.9% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

EMCOR Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, January 14th were issued 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 Wednesday, January 14th. This is an increase from EMCOR Group’s previous quarterly dividend of $0.25. EMCOR Group’s payout ratio is 5.67%.

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.