EMCOR Group, Inc. (NYSE:EME) Receives $836.88 Consensus PT from Analysts

Shares of EMCOR Group, Inc. (NYSE:EME) have been assigned an average rating of “Moderate Buy” from the fourteen ratings firms that are currently covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $836.8750.

A number of research analysts have commented on the stock. UBS Group upped their target price on shares of EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Zacks Research cut shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Oppenheimer began coverage on shares of EMCOR Group in a research report on Thursday, May 28th. They issued an “outperform” rating and a $1,100.00 target price on the stock. Cantor Fitzgerald initiated coverage on shares of EMCOR Group in a research note on Tuesday, March 10th. They set an “overweight” rating and a $848.00 price target on the stock. Finally, Stifel Nicolaus set a $918.00 target price on shares of EMCOR Group in a research note on Thursday, April 30th.

Insider Buying and Selling

In other EMCOR Group news, CFO Jason R. Nalbandian sold 800 shares of the stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $856.43, for a total value 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 represents a 4.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Anthony Guzzi sold 36,000 shares of the stock in a transaction that occurred 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 completion of the transaction, the chief executive officer owned 170,299 shares in the company, valued at $124,229,714.52. This represents a 17.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 45,077 shares of company stock valued at $34,416,471 over the last three months. 1.26% of the stock is currently owned by insiders.

Institutional Investors Weigh In On EMCOR Group

Several large investors have recently modified their holdings of EME. Asahi Life Asset Management CO. LTD. acquired a new stake in shares of EMCOR Group during the third quarter worth $445,000. Machina Capital S.A.S. acquired a new stake in shares of EMCOR Group during the third quarter worth $1,074,000. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of EMCOR Group by 12.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 12,149 shares of the construction company’s stock worth $7,972,000 after purchasing an additional 1,389 shares during the period. Public Sector Pension Investment Board lifted its holdings in shares of EMCOR Group by 18.7% during the third quarter. Public Sector Pension Investment Board now owns 23,982 shares of the construction company’s stock worth $15,577,000 after purchasing an additional 3,783 shares during the period. Finally, Sierra Summit Advisors LLC acquired a new stake in shares of EMCOR Group during the third quarter worth $5,459,000. 92.59% of the stock is owned by institutional investors and hedge funds.

EMCOR Group Trading Down 0.4%

Shares of EME stock opened at $827.59 on Friday. The company’s 50-day moving average price is $830.90 and its 200-day moving average price is $734.89. The stock has a market cap of $36.78 billion, a price-to-earnings ratio of 27.76 and a beta of 1.12. EMCOR Group has a twelve month low of $455.14 and a twelve month high of $951.96.

EMCOR Group (NYSE:EME) last announced its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share for the quarter, beating the consensus estimate of $5.90 by $0.94. The firm had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $4.20 billion. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The company’s revenue was up 19.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, equities research analysts predict that EMCOR Group will post 28.84 EPS for the current year.

EMCOR Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.2%. The ex-dividend date was Thursday, April 16th. EMCOR Group’s dividend payout ratio is currently 5.37%.

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.