2,449 Shares in EMCOR Group, Inc. $EME Purchased by Fairtree Asset Management Pty Ltd

Fairtree Asset Management Pty Ltd acquired a new stake in shares of EMCOR Group, Inc. (NYSE:EME) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,449 shares of the construction company’s stock, valued at approximately $2,032,000.

Other institutional investors also recently made changes to their positions in the company. North Dakota State Investment Board bought a new position in shares of EMCOR Group during the fourth quarter worth about $928,000. Thrivent Financial for Lutherans increased its holdings in EMCOR Group by 663.4% in the fourth quarter. Thrivent Financial for Lutherans now owns 113,562 shares of the construction company’s stock valued at $69,476,000 after buying an additional 98,687 shares during the last quarter. Chase Investment Counsel Corp raised its stake in EMCOR Group by 152.1% during the fourth quarter. Chase Investment Counsel Corp now owns 2,849 shares of the construction company’s stock valued at $1,742,000 after buying an additional 1,719 shares in the last quarter. Passumpsic Savings Bank acquired a new stake in EMCOR Group during the fourth quarter valued at approximately $1,726,000. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its holdings in EMCOR Group by 23.8% during the 4th quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 20,180 shares of the construction company’s stock worth $12,346,000 after buying an additional 3,880 shares during the last quarter. 92.59% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

EME has been the subject of a number of research analyst reports. Cantor Fitzgerald lowered their price target on EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating for the company in a report on Monday, August 10th. Zacks Research upgraded EMCOR Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a report on Friday, July 17th. Stifel Nicolaus set a $918.00 target price on shares of EMCOR Group in a research note on Thursday, April 30th. Finally, UBS Group increased their target price on shares of EMCOR Group from $975.00 to $1,065.00 and gave the stock a “buy” rating in a report on Friday, July 31st. 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. According to data from MarketBeat.com, EMCOR Group currently has an average rating of “Buy” and an average price target of $965.86.

EMCOR Group Stock Performance

EMCOR Group stock opened at $788.39 on Friday. EMCOR Group, Inc. has a one year low of $564.92 and a one year high of $951.96. The company has a 50-day simple moving average of $798.27 and a 200-day simple moving average of $800.61. The firm has a market capitalization of $34.78 billion, a P/E ratio of 24.52 and a beta of 1.14.

EMCOR Group (NYSE:EME) last posted its earnings results on Thursday, July 30th. The construction company reported $9.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.23 by $1.83. EMCOR Group had a net margin of 7.74% and a return on equity of 35.49%. The firm had revenue of $5.15 billion during the quarter, compared to analyst estimates of $4.71 billion. During the same period in the previous year, the business posted $6.72 EPS. EMCOR Group’s revenue was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. As a group, sell-side analysts forecast that EMCOR Group, Inc. will post 33.04 earnings per share for the current year.

EMCOR Group Dividend Announcement

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

Insider Buying and Selling

In related news, Director Carol P. Lowe sold 950 shares of the firm’s stock in a transaction that occurred on 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 directly owned 17,278 shares in the company, 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 Securities & Exchange Commission, which is available through this hyperlink. 0.73% of the stock is currently owned by corporate insiders.

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.