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

Shares of EMCOR Group, Inc. (NYSE:EME) have been assigned a consensus recommendation of “Moderate Buy” from the thirteen research firms that are currently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $784.4286.

Several research analysts recently issued reports on the stock. Robert W. Baird raised their target price on shares of EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a report on Friday, February 27th. Stifel Nicolaus increased their price target on EMCOR Group from $754.00 to $814.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. UBS Group lifted their price objective on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a report on Wednesday, January 21st. Finally, Cantor Fitzgerald initiated coverage on EMCOR Group in a research note on Tuesday, March 10th. They issued an “overweight” rating and a $848.00 target price on the stock.

EMCOR Group Stock Up 0.0%

Shares of NYSE EME opened at $710.78 on Friday. The business’s 50 day moving average price is $728.25 and its 200 day moving average price is $672.17. The firm has a market cap of $31.65 billion, a P/E ratio of 25.18 and a beta of 1.16. EMCOR Group has a 52 week low of $320.89 and a 52 week high of $835.00.

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

EMCOR Group declared that its board has authorized a stock repurchase plan on Thursday, December 18th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the construction company to repurchase up to 1.9% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s board of directors believes its shares are undervalued.

EMCOR Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, January 14th were issued a $0.40 dividend. The ex-dividend date of this dividend was Wednesday, January 14th. This is a boost 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%. EMCOR Group’s dividend payout ratio is presently 5.67%.

Insider Transactions at EMCOR Group

In related news, CEO Anthony Guzzi sold 36,000 shares of the firm’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 sale, the chief executive officer owned 170,299 shares in the company, valued at approximately $124,229,714.52. This trade represents a 17.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.83% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of EME. Swiss RE Ltd. purchased a new position in shares of EMCOR Group in the 4th quarter valued at about $25,000. Main Street Group LTD boosted its position in EMCOR Group by 110.0% during the third quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock worth $27,000 after purchasing an additional 22 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new position in EMCOR Group during the fourth quarter worth approximately $26,000. Quent Capital LLC acquired a new stake in EMCOR Group in the third quarter valued at approximately $29,000. Finally, Zions Bancorporation National Association UT acquired a new stake in EMCOR Group in the fourth quarter valued at approximately $28,000. Institutional investors and hedge funds own 92.59% of the company’s stock.

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.