Duncker Streett & Co. Inc. Makes New Investment in EMCOR Group, Inc. $EME

Duncker Streett & Co. Inc. bought a new position in shares of EMCOR Group, Inc. (NYSE:EME) in the first quarter, Holdings Channel.com reports. The fund bought 2,072 shares of the construction company’s stock, valued at approximately $1,530,000.

A number of other hedge funds have also modified their holdings of the business. State Street Corp grew its stake in EMCOR Group by 2.2% during the 4th quarter. State Street Corp now owns 1,893,792 shares of the construction company’s stock valued at $1,158,603,000 after acquiring an additional 40,801 shares in the last quarter. Geode Capital Management LLC lifted its stake in EMCOR Group by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 1,425,523 shares of the construction company’s stock worth $869,343,000 after purchasing an additional 7,790 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in shares of EMCOR Group by 34.5% during the 4th quarter. Victory Capital Management Inc. now owns 1,276,966 shares of the construction company’s stock worth $781,239,000 after purchasing an additional 327,606 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of EMCOR Group by 10.5% during the 4th quarter. Invesco Ltd. now owns 799,271 shares of the construction company’s stock worth $488,986,000 after purchasing an additional 75,692 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of EMCOR Group by 132,234.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 669,611 shares of the construction company’s stock valued at $409,661,000 after purchasing an additional 669,105 shares in the last quarter. 92.59% of the stock is currently owned by institutional investors and hedge funds.

EMCOR Group Stock Down 2.3%

Shares of EMCOR Group stock opened at $769.36 on Wednesday. The firm has a market cap of $34.19 billion, a PE ratio of 25.81 and a beta of 1.13. EMCOR Group, Inc. has a 52 week low of $532.25 and a 52 week high of $951.96. The business’s fifty day simple moving average is $850.50 and its 200-day simple moving average is $772.60.

EMCOR Group (NYSE:EME) last issued its quarterly earnings data on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $4.20 billion. During the same period in the previous year, the firm earned $5.41 EPS. EMCOR Group’s 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. As a group, equities analysts expect that EMCOR Group, Inc. will post 29.37 earnings per share for the current year.

EMCOR Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be paid a dividend of $0.40 per share. The ex-dividend date is Wednesday, July 15th. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. EMCOR Group’s dividend payout ratio is 5.37%.

Insider Buying and Selling at EMCOR Group

In related news, Director Carol P. Lowe sold 950 shares of EMCOR Group stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total value of $802,275.00. Following the completion of the transaction, the director owned 17,278 shares in the company, valued at approximately $14,591,271. The trade was a 5.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Jason R. Nalbandian sold 800 shares of EMCOR Group stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $856.43, for a total value of $685,144.00. Following the completion of the transaction, the chief financial officer owned 18,157 shares of the company’s stock, valued at $15,550,199.51. The trade was a 4.22% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 10,027 shares of company stock valued at $8,957,466. Corporate insiders own 1.26% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on EME. Zacks Research raised EMCOR Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Oppenheimer began coverage on shares of EMCOR Group in a research report on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 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, Cantor Fitzgerald reiterated an “overweight” rating and issued a $1,123.00 target price on shares of EMCOR Group in a report on Tuesday, June 16th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $871.25.

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.