WINTON GROUP Ltd purchased a new position in shares of EMCOR Group, Inc. (NYSE:EME – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 1,752 shares of the construction company’s stock, valued at approximately $1,072,000.
Several other hedge funds have also recently added to or reduced their stakes in the company. PAX Financial Group LLC raised its holdings in EMCOR Group by 3.6% during the 4th quarter. PAX Financial Group LLC now owns 404 shares of the construction company’s stock worth $247,000 after purchasing an additional 14 shares during the last quarter. Austin Private Wealth LLC raised its holdings in EMCOR Group by 3.6% during the 4th quarter. Austin Private Wealth LLC now owns 437 shares of the construction company’s stock worth $267,000 after purchasing an additional 15 shares during the last quarter. First National Bank of Hutchinson raised its holdings in EMCOR Group by 0.9% during the 4th 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 during the last quarter. Advisors Capital Management LLC raised its holdings in EMCOR Group by 3.4% during the 4th quarter. Advisors Capital Management LLC now owns 450 shares of the construction company’s stock worth $275,000 after purchasing an additional 15 shares during the last quarter. Finally, KPP Advisory Services LLC raised its holdings in EMCOR Group by 3.9% during the 4th quarter. KPP Advisory Services LLC now owns 399 shares of the construction company’s stock worth $244,000 after purchasing an additional 15 shares during the last quarter. Institutional investors own 92.59% of the company’s stock.
Analysts Set New Price Targets
Several research firms have recently weighed in on EME. Robert W. Baird lifted their price objective on shares of EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a research note on Friday, February 27th. UBS Group lifted their price objective on shares of EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Wall Street Zen upgraded shares of EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Stifel Nicolaus set a $918.00 price objective on shares of EMCOR Group in a research note on Thursday, April 30th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a research note on Monday, April 20th. Ten investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $836.88.
EMCOR Group Stock Up 0.3%
NYSE:EME opened at $826.05 on Wednesday. The company has a fifty day moving average of $841.44 and a 200-day moving average of $743.82. The firm has a market capitalization of $36.71 billion, a P/E ratio of 27.71 and a beta of 1.12. EMCOR Group, Inc. has a twelve month low of $455.14 and a twelve month high of $951.96.
EMCOR Group (NYSE:EME – Get Free Report) last released its quarterly earnings data 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 company had revenue of $4.63 billion during the quarter, compared to analyst estimates of $4.20 billion. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. EMCOR Group’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, analysts anticipate that EMCOR Group, Inc. will post 29.22 EPS for the current fiscal year.
EMCOR Group Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Thursday, April 16th. EMCOR Group’s payout ratio is 5.37%.
Insider Buying and Selling at EMCOR Group
In other EMCOR Group news, VP Robert Peter Lind sold 675 shares of the business’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $894.27, for a total transaction of $603,632.25. Following the completion of the sale, the vice president owned 4,216 shares in the company, valued at approximately $3,770,242.32. The trade was a 13.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Jason R. Nalbandian sold 800 shares of the business’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $856.43, for a total transaction of $685,144.00. Following the sale, the chief financial officer owned 18,157 shares of the company’s stock, valued at $15,550,199.51. This trade represents a 4.22% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 9,077 shares of company stock worth $8,155,191. Company insiders own 1.26% of the company’s stock.
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.
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