OMERS ADMINISTRATION Corp Takes $2.62 Million Position in EMCOR Group, Inc. $EME

OMERS ADMINISTRATION Corp bought a new position in shares of EMCOR Group, Inc. (NYSE:EME) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 3,158 shares of the construction company’s stock, valued at approximately $2,621,000.

Other large investors also recently modified their holdings of the company. Osmosis Investment Management UK Ltd purchased a new position in EMCOR Group during the 2nd quarter valued at about $960,000. Sanctuary Advisors LLC purchased a new stake in EMCOR Group in the 2nd quarter worth approximately $9,049,000. Solstein Capital LLC purchased a new stake in EMCOR Group in the 2nd quarter worth approximately $88,000. Meiji Yasuda Asset Management Co Ltd. bought a new stake in shares of EMCOR Group in the 2nd quarter worth approximately $215,000. Finally, Globeflex Capital L P bought a new stake in shares of EMCOR Group in the 2nd quarter worth approximately $1,572,000. 92.59% of the stock is owned by institutional investors.

Insider Buying and Selling at EMCOR Group

In related news, Director Carol P. Lowe sold 950 shares of the stock in a transaction dated 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 directly owned 17,278 shares in the company, valued at $14,591,271. This trade represents a 5.21% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.73% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Cantor Fitzgerald reduced their target price on EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating on the stock in a research note on Monday, August 10th. UBS Group raised their price target on EMCOR Group from $975.00 to $1,065.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Wall Street Zen upgraded shares of EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Stifel Nicolaus set a $918.00 price objective on shares of EMCOR Group in a report on Thursday, April 30th. Finally, Zacks Research raised shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. One equities 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. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $965.86.

EMCOR Group Stock Down 3.4%

EME opened at $739.04 on Wednesday. EMCOR Group, Inc. has a 52 week low of $564.92 and a 52 week high of $951.96. The stock has a market cap of $32.60 billion, a PE ratio of 22.99 and a beta of 1.14. The business has a 50 day moving average of $793.95 and a 200-day moving average of $801.30.

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

EMCOR Group Announces Dividend

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

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.