Independent Financial Group LLC Takes $767,000 Position in EMCOR Group, Inc. $EME

Independent Financial Group LLC bought a new position in shares of EMCOR Group, Inc. (NYSE:EME) during the first quarter, according to its most recent filing with the SEC. The fund bought 1,039 shares of the construction company’s stock, valued at approximately $767,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EME. Ascentis Independent Advisors purchased a new position in EMCOR Group in the first quarter valued at about $27,000. Swiss RE Ltd. purchased a new stake in shares of EMCOR Group during the 4th quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of EMCOR Group in the 4th quarter worth approximately $26,000. Zions Bancorporation National Association UT bought a new stake in shares of EMCOR Group in the 4th quarter worth approximately $28,000. Finally, Activest Wealth Management lifted its stake in EMCOR Group by 800.0% in the fourth quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock valued at $33,000 after purchasing an additional 48 shares during the last quarter. 92.59% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

EME has been the subject of several research reports. Oppenheimer initiated coverage on EMCOR Group in a report on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 price objective for the company. Wall Street Zen upgraded EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a research report on Friday. Stifel Nicolaus set a $918.00 price target on EMCOR Group in a research note on Thursday, April 30th. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $1,123.00 price objective on shares of EMCOR Group in a report on Tuesday, June 16th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, EMCOR Group presently has a consensus rating of “Moderate Buy” and an average price target of $871.25.

EMCOR Group Trading Up 2.1%

Shares of NYSE:EME opened at $759.91 on Wednesday. The company has a 50 day moving average of $822.17 and a 200 day moving average of $782.70. The stock has a market cap of $33.77 billion, a P/E ratio of 25.49 and a beta of 1.13. EMCOR Group, Inc. has a 12 month low of $540.00 and a 12 month high of $951.96.

EMCOR Group (NYSE:EME) last posted its earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.90 by $0.94. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The business had revenue of $4.63 billion for 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 business’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 28.250-29.750 EPS. On average, equities analysts forecast that EMCOR Group, Inc. will post 29.37 earnings per share for the current fiscal year.

EMCOR Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $1.60 annualized dividend and a yield of 0.2%. EMCOR Group’s dividend payout ratio (DPR) is currently 5.37%.

Insider Activity at EMCOR Group

In other EMCOR Group news, Director Carol P. Lowe sold 950 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $844.50, for a total value of $802,275.00. Following the sale, the director owned 17,278 shares of the company’s stock, valued at $14,591,271. This trade represents a 5.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Jason R. Nalbandian sold 800 shares of EMCOR Group stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $856.43, for a total value of $685,144.00. Following the sale, the chief financial officer owned 18,157 shares of the company’s stock, valued at approximately $15,550,199.51. This trade represents a 4.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 10,027 shares of company stock valued at $8,957,466 in the last ninety days. 0.73% of the stock is currently owned by corporate insiders.

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.