Saturna Capital Corp Increases Stock Holdings in EMCOR Group, Inc. $EME

Saturna Capital Corp boosted its stake in EMCOR Group, Inc. (NYSE:EME) by 52.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,670 shares of the construction company’s stock after acquiring an additional 917 shares during the period. Saturna Capital Corp’s holdings in EMCOR Group were worth $1,971,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Whittier Trust Co. of Nevada Inc. lifted its position in shares of EMCOR Group by 3.8% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 356 shares of the construction company’s stock worth $270,000 after purchasing an additional 13 shares during the period. PAX Financial Group LLC increased its position in shares of EMCOR Group by 3.6% during the fourth quarter. PAX Financial Group LLC now owns 404 shares of the construction company’s stock valued at $247,000 after buying an additional 14 shares during the period. Austin Private Wealth LLC increased its position in shares of EMCOR Group by 3.6% during the fourth quarter. Austin Private Wealth LLC now owns 437 shares of the construction company’s stock valued at $267,000 after buying an additional 15 shares during the period. First National Bank of Hutchinson raised its stake in EMCOR Group by 0.9% in the fourth quarter. First National Bank of Hutchinson now owns 1,614 shares of the construction company’s stock worth $987,000 after buying an additional 15 shares in the last quarter. Finally, Advisors Capital Management LLC raised its stake in EMCOR Group by 3.4% in the fourth quarter. Advisors Capital Management LLC now owns 450 shares of the construction company’s stock worth $275,000 after buying an additional 15 shares in the last quarter. 92.59% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Zacks Research upgraded shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Cantor Fitzgerald reissued an “overweight” rating and issued a $1,123.00 target price on shares of EMCOR Group in a research report on Tuesday, June 16th. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research report on Friday. Oppenheimer assumed coverage on shares of EMCOR Group in a research report on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 price target for the company. Finally, Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. One equities research 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 company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $871.25.

EMCOR Group Stock Up 2.1%

NYSE:EME opened at $759.91 on Wednesday. The stock has a market cap of $33.77 billion, a price-to-earnings ratio of 25.49 and a beta of 1.13. The company’s 50 day moving average price is $822.17 and its 200-day moving average price is $782.70. EMCOR Group, Inc. has a 52 week low of $540.00 and a 52 week high of $951.96.

EMCOR Group (NYSE:EME) last announced its quarterly earnings data on Wednesday, April 29th. The construction company reported $6.84 earnings per share for the quarter, topping 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 analyst estimates of $4.20 billion. During the same period in the previous year, the business earned $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, sell-side analysts anticipate that EMCOR Group, Inc. will post 29.37 earnings per share for the current year.

EMCOR Group Announces Dividend

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 issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.2%. The ex-dividend date is Wednesday, July 15th. EMCOR Group’s dividend payout ratio (DPR) is presently 5.37%.

Insider Transactions at EMCOR Group

In other EMCOR Group news, Director Carol P. Lowe sold 950 shares of the business’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total transaction of $802,275.00. Following the completion of the sale, the director directly owned 17,278 shares in the company, valued at approximately $14,591,271. The trade was a 5.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Steven Schwarzwaelder sold 5,602 shares of the stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $895.19, for a total value of $5,014,854.38. Following the transaction, the director directly owned 15,875 shares in the company, valued at $14,211,141.25. The trade was a 26.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 10,027 shares of company stock valued at $8,957,466. Company insiders own 0.73% of the company’s stock.

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.