Great Lakes Advisors LLC Makes New Investment in EMCOR Group, Inc. $EME

Great Lakes Advisors LLC bought a new stake in EMCOR Group, Inc. (NYSE:EME) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 788 shares of the construction company’s stock, valued at approximately $654,000.

Other institutional investors also recently modified their holdings of the company. North Dakota State Investment Board bought a new position in shares of EMCOR Group in the 4th quarter worth $928,000. Thrivent Financial for Lutherans grew its stake in shares of EMCOR Group by 663.4% during the fourth quarter. Thrivent Financial for Lutherans now owns 113,562 shares of the construction company’s stock worth $69,476,000 after purchasing an additional 98,687 shares during the period. Passumpsic Savings Bank bought a new stake in EMCOR Group in the fourth quarter valued at about $1,726,000. Chase Investment Counsel Corp increased its holdings in EMCOR Group by 152.1% in the fourth quarter. Chase Investment Counsel Corp now owns 2,849 shares of the construction company’s stock valued at $1,742,000 after purchasing an additional 1,719 shares during the last quarter. Finally, Banque Cantonale Vaudoise lifted its stake in EMCOR Group by 285.7% in the fourth quarter. Banque Cantonale Vaudoise now owns 9,465 shares of the construction company’s stock valued at $5,791,000 after buying an additional 7,011 shares during the period. Institutional investors and hedge funds own 92.59% of the company’s stock.

Insider Activity

In related news, Director Carol P. Lowe sold 950 shares of the business’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 transaction of $802,275.00. Following the transaction, the director directly owned 17,278 shares of the company’s stock, valued at approximately $14,591,271. The trade was a 5.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.73% of the stock is currently owned by insiders.

EMCOR Group Trading Down 1.2%

EME stock opened at $777.68 on Friday. The stock has a 50-day moving average price of $797.37 and a two-hundred day moving average price of $800.45. The stock has a market cap of $34.30 billion, a PE ratio of 24.19 and a beta of 1.14. EMCOR Group, Inc. has a 1 year low of $564.92 and a 1 year high of $951.96.

EMCOR Group (NYSE:EME) last released its quarterly earnings results on Thursday, July 30th. The construction company reported $9.06 earnings per share for the quarter, topping analysts’ consensus estimates of $7.23 by $1.83. EMCOR Group had a return on equity of 35.49% and a net margin of 7.74%.The firm 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 firm posted $6.72 EPS. The business’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. On average, analysts forecast that EMCOR Group, Inc. will post 33.04 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

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. The ex-dividend date was Wednesday, July 15th. This represents a $1.60 annualized dividend and a yield of 0.2%. EMCOR Group’s dividend payout ratio is currently 4.98%.

Wall Street Analyst Weigh In

EME has been the topic of a number of recent analyst reports. Cantor Fitzgerald reduced their target price on EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating on the stock in a report on Monday, August 10th. DA Davidson set a $1,047.00 target price on EMCOR Group in a research report on Monday, August 10th. Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a research report on Friday, July 17th. Finally, Oppenheimer lifted their price objective on shares of EMCOR Group from $1,100.00 to $1,200.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $965.86.

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.