Deutsche Bank AG Invests $342.27 Million in EMCOR Group, Inc. $EME

Deutsche Bank AG purchased a new stake in EMCOR Group, Inc. (NYSE:EME) in the second quarter, HoldingsChannel reports. The institutional investor purchased 412,437 shares of the construction company’s stock, valued at approximately $342,273,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. boosted its position in EMCOR Group by 132,234.2% during the fourth 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 acquired a new position in shares of EMCOR Group during the 4th quarter worth approximately $389,702,000. Bank of Montreal Can increased its stake 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 acquiring an additional 453,876 shares during the period. Victory Capital Management Inc. increased its position in shares of EMCOR Group by 34.5% in the fourth 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. Finally, Earnest Partners LLC acquired a new position in shares of EMCOR Group in the 4th quarter valued at approximately $156,714,000. 92.59% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Carol P. Lowe sold 950 shares of the firm’s stock in a transaction dated 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 owned 17,278 shares in the company, valued at approximately $14,591,271. This trade represents a 5.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.73% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. UBS Group boosted their price target on EMCOR Group from $975.00 to $1,065.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Cantor Fitzgerald reduced their price objective on shares of EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating on the stock in a research note on Monday, August 10th. DA Davidson set a $1,047.00 target price on EMCOR Group in a report on Monday, August 10th. Stifel Nicolaus set a $918.00 price target on EMCOR Group in a report on Thursday, April 30th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a research note on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, EMCOR Group currently has an average rating of “Buy” and a consensus price target of $965.86.

EMCOR Group Stock Up 3.2%

EME stock opened at $863.28 on Tuesday. The firm has a market capitalization of $38.08 billion, a PE ratio of 26.85 and a beta of 1.14. The stock’s 50 day moving average is $798.23 and its 200-day moving average is $798.93. EMCOR Group, Inc. has a twelve month low of $564.92 and a twelve month high of $951.96.

EMCOR Group (NYSE:EME) last announced its earnings results on Thursday, July 30th. The construction company reported $9.06 EPS for the quarter, beating the consensus estimate of $7.23 by $1.83. EMCOR Group had a net margin of 7.74% and a return on equity of 35.49%. The company had revenue of $5.15 billion during the quarter, compared to the consensus estimate of $4.71 billion. During the same quarter in the prior year, the company posted $6.72 earnings per share. 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 32.000-33.250 EPS. On average, equities research analysts anticipate that EMCOR Group, Inc. will post 33.04 earnings per share for the current fiscal year.

EMCOR Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Wednesday, July 15th. EMCOR Group’s dividend payout ratio is 4.98%.

EMCOR Group Company 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.