Value Aligned Research Advisors LLC Takes $17.65 Million Position in EMCOR Group, Inc. $EME

Value Aligned Research Advisors LLC acquired a new position in EMCOR Group, Inc. (NYSE:EME) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 27,179 shares of the construction company’s stock, valued at approximately $17,654,000. Value Aligned Research Advisors LLC owned approximately 0.06% of EMCOR Group at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of EME. Vanguard Group Inc. raised its stake in shares of EMCOR Group by 17.6% in the 3rd quarter. Vanguard Group Inc. now owns 5,332,636 shares of the construction company’s stock valued at $3,463,760,000 after acquiring an additional 798,975 shares in the last quarter. State Street Corp boosted its position in EMCOR Group by 15.2% during the third quarter. State Street Corp now owns 1,852,991 shares of the construction company’s stock worth $1,203,592,000 after purchasing an additional 244,494 shares during the period. Victory Capital Management Inc. grew its holdings in EMCOR Group by 48.8% during the third quarter. Victory Capital Management Inc. now owns 949,360 shares of the construction company’s stock valued at $572,351,000 after purchasing an additional 311,474 shares during the last quarter. Norges Bank bought a new position in shares of EMCOR Group in the second quarter valued at approximately $344,548,000. Finally, AQR Capital Management LLC lifted its stake in shares of EMCOR Group by 0.9% in the third quarter. AQR Capital Management LLC now owns 627,507 shares of the construction company’s stock worth $405,295,000 after buying an additional 5,488 shares during the last quarter. 92.59% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a research note on Wednesday, January 21st. UBS Group upped their price target on shares of EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a report on Friday, March 6th. Zacks Research lowered EMCOR Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 19th. Robert W. Baird increased their target price on EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a research note on Friday, February 27th. Finally, DA Davidson raised their target price on EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a report on Friday, February 27th. Nine investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, EMCOR Group has an average rating of “Moderate Buy” and an average price target of $784.43.

Insiders Place Their Bets

In other EMCOR Group news, CEO Anthony Guzzi sold 36,000 shares of the business’s stock in a transaction on 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 sale, the chief executive officer owned 170,299 shares of the company’s stock, valued at $124,229,714.52. The trade was a 17.45% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.83% of the stock is owned by corporate insiders.

EMCOR Group Stock Up 1.5%

EME stock opened at $739.60 on Thursday. EMCOR Group, Inc. has a twelve month low of $320.89 and a twelve month high of $835.00. The company has a market cap of $32.93 billion, a PE ratio of 26.20 and a beta of 1.16. The business’s 50-day simple moving average is $732.95 and its 200 day simple moving average is $674.39.

EMCOR Group (NYSE:EME) last posted its quarterly earnings results on Thursday, February 26th. The construction company reported $7.19 EPS for the quarter, beating the consensus estimate of $6.68 by $0.51. EMCOR Group had a return on equity of 35.89% and a net margin of 7.49%.The firm had revenue of $4.51 billion during the quarter, compared to analysts’ expectations of $4.28 billion. During the same quarter in the prior year, the firm posted $6.32 EPS. The company’s revenue for the quarter was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. On average, equities research analysts anticipate that EMCOR Group, Inc. will post 20.74 EPS for the current year.

EMCOR Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, January 14th were paid a dividend of $0.40 per share. This is an increase from EMCOR Group’s previous quarterly dividend of $0.25. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Wednesday, January 14th. EMCOR Group’s dividend payout ratio is presently 5.67%.

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

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.