Smart Money Group LLC Purchases 853 Shares of EMCOR Group, Inc. $EME

Smart Money Group LLC increased its position in EMCOR Group, Inc. (NYSE:EME) by 241.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,207 shares of the construction company’s stock after buying an additional 853 shares during the period. Smart Money Group LLC’s holdings in EMCOR Group were worth $891,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in EME. Whittier Trust Co. of Nevada Inc. increased its stake in shares of EMCOR Group by 3.8% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 356 shares of the construction company’s stock worth $270,000 after purchasing an additional 13 shares during the last quarter. PAX Financial Group LLC lifted its stake in shares of EMCOR Group by 3.6% in the 4th quarter. PAX Financial Group LLC now owns 404 shares of the construction company’s stock valued at $247,000 after purchasing an additional 14 shares during the last quarter. Austin Private Wealth LLC lifted its stake in shares of EMCOR Group by 3.6% in the 4th quarter. Austin Private Wealth LLC now owns 437 shares of the construction company’s stock valued at $267,000 after purchasing an additional 15 shares during the last quarter. First National Bank of Hutchinson boosted its holdings in EMCOR Group by 0.9% in the fourth quarter. First National Bank of Hutchinson now owns 1,614 shares of the construction company’s stock worth $987,000 after purchasing an additional 15 shares in the last quarter. Finally, Advisors Capital Management LLC boosted its holdings in EMCOR Group by 3.4% in the fourth quarter. Advisors Capital Management LLC now owns 450 shares of the construction company’s stock worth $275,000 after purchasing an additional 15 shares in the last quarter. Institutional investors own 92.59% of the company’s stock.

Insider Buying and Selling

In other news, VP Robert Peter Lind sold 675 shares of the firm’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $894.27, for a total value of $603,632.25. Following the sale, the vice president owned 4,216 shares in the company, valued at approximately $3,770,242.32. This trade represents a 13.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Jason R. Nalbandian sold 800 shares of the business’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $856.43, for a total transaction of $685,144.00. Following the transaction, the chief financial officer directly owned 18,157 shares in the company, valued at $15,550,199.51. This trade represents a 4.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 10,027 shares of company stock valued at $8,957,466 in the last ninety days. Company insiders own 0.83% of the company’s stock.

EMCOR Group Stock Performance

EMCOR Group stock opened at $751.06 on Friday. The business’s 50-day simple moving average is $832.79 and its 200-day simple moving average is $779.94. The firm has a market capitalization of $33.38 billion, a PE ratio of 25.20 and a beta of 1.13. EMCOR Group, Inc. has a 52 week low of $540.00 and a 52 week high of $951.96.

EMCOR Group (NYSE:EME) last posted its quarterly earnings data on Wednesday, April 29th. The construction company reported $6.84 earnings per share for the quarter, topping the consensus estimate of $5.90 by $0.94. The business had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $4.20 billion. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.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 $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. Research analysts forecast 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. Stockholders of record on Wednesday, July 15th will be issued 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 dividend yield of 0.2%. EMCOR Group’s payout ratio is 5.37%.

Analyst Upgrades and Downgrades

Several research firms have commented on EME. Zacks Research raised shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Stifel Nicolaus set a $918.00 price target on EMCOR Group in a research report on Thursday, April 30th. Oppenheimer assumed coverage on EMCOR Group in a research note on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 price target for the company. Cantor Fitzgerald reissued an “overweight” rating and issued a $1,123.00 price objective on shares of EMCOR Group in a research note on Tuesday, June 16th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target 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.