6,262 Shares in EMCOR Group, Inc. $EME Bought by Seneca House Advisors

Seneca House Advisors purchased a new position in shares of EMCOR Group, Inc. (NYSE:EME) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 6,262 shares of the construction company’s stock, valued at approximately $3,831,000. EMCOR Group accounts for approximately 1.4% of Seneca House Advisors’ investment portfolio, making the stock its 23rd largest position.

A number of other institutional investors have also recently added to or reduced their stakes in EME. Vanguard Group Inc. boosted its position in EMCOR Group by 17.6% during the 3rd quarter. Vanguard Group Inc. now owns 5,332,636 shares of the construction company’s stock worth $3,463,760,000 after purchasing an additional 798,975 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in EMCOR Group by 132,234.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 669,611 shares of the construction company’s stock worth $409,661,000 after purchasing an additional 669,105 shares during the period. Norges Bank purchased a new stake in EMCOR Group during the 4th quarter worth $389,702,000. Bank of Montreal Can boosted its position in EMCOR Group by 425.8% during the 4th quarter. Bank of Montreal Can now owns 560,477 shares of the construction company’s stock worth $342,894,000 after purchasing an additional 453,876 shares during the period. Finally, Victory Capital Management Inc. boosted its position in EMCOR Group by 34.5% during the 4th quarter. Victory Capital Management Inc. now owns 1,276,966 shares of the construction company’s stock worth $781,239,000 after purchasing an additional 327,606 shares during the period. 92.59% of the stock is owned by hedge funds and other institutional investors.

EMCOR Group Price Performance

NYSE:EME opened at $834.13 on Wednesday. The firm has a 50-day moving average of $848.88 and a two-hundred day moving average of $751.59. The stock has a market cap of $37.07 billion, a P/E ratio of 27.98 and a beta of 1.12. EMCOR Group, Inc. has a 1-year low of $478.16 and a 1-year 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, beating analysts’ consensus estimates of $5.90 by $0.94. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The company had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $4.20 billion. During the same period in the prior year, the company posted $5.41 EPS. The firm’s revenue for the quarter was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, equities analysts expect that EMCOR Group, Inc. will post 29.22 earnings per share for the current year.

EMCOR Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, April 16th. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio (DPR) is presently 5.37%.

Insider Activity at EMCOR Group

In other news, Director Steven Schwarzwaelder sold 5,602 shares of the stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $895.19, for a total transaction of $5,014,854.38. Following the transaction, the director owned 15,875 shares of the company’s stock, valued at approximately $14,211,141.25. This trade represents a 26.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director William P. Reid sold 2,000 shares of the stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $925.78, for a total transaction of $1,851,560.00. Following the transaction, the director directly owned 10,149 shares in the company, valued at $9,395,741.22. The trade was a 16.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 9,077 shares of company stock worth $8,155,191. 1.26% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. DA Davidson upped their price target on shares of EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. Stifel Nicolaus set a $918.00 price objective on shares of EMCOR Group in a research report on Thursday, April 30th. Cantor Fitzgerald reissued an “overweight” rating and issued a $1,123.00 price objective on shares of EMCOR Group in a research report on Tuesday. Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, Zacks Research cut shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Ten equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price 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.