Jefferies Financial Group Inc. Purchases New Stake in EMCOR Group, Inc. $EME

Jefferies Financial Group Inc. purchased a new stake in shares of EMCOR Group, Inc. (NYSE:EME) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 3,356 shares of the construction company’s stock, valued at approximately $2,180,000.

Several other institutional investors have also recently bought and sold shares of the business. Dynamic Technology Lab Private Ltd bought a new stake in shares of EMCOR Group during the third quarter worth about $631,000. Vinva Investment Management Ltd lifted its position in EMCOR Group by 1.9% in the 3rd quarter. Vinva Investment Management Ltd now owns 52,289 shares of the construction company’s stock valued at $33,498,000 after acquiring an additional 971 shares in the last quarter. Parallel Advisors LLC lifted its position in EMCOR Group by 12.0% in the 3rd quarter. Parallel Advisors LLC now owns 1,006 shares of the construction company’s stock valued at $654,000 after acquiring an additional 108 shares in the last quarter. CreativeOne Wealth LLC boosted its stake in EMCOR Group by 17.1% during the 3rd quarter. CreativeOne Wealth LLC now owns 2,467 shares of the construction company’s stock valued at $1,602,000 after purchasing an additional 361 shares during the last quarter. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund increased its holdings in EMCOR Group by 100.0% during the 3rd quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 3,600 shares of the construction company’s stock worth $2,338,000 after purchasing an additional 1,800 shares in the last quarter. Institutional investors and hedge funds own 92.59% of the company’s stock.

Insider Transactions at EMCOR Group

In other EMCOR Group news, CEO Anthony Guzzi sold 36,000 shares of the business’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $729.48, for a total value of $26,261,280.00. Following the sale, the chief executive officer directly owned 170,299 shares in the company, valued at $124,229,714.52. The trade was a 17.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.26% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

EME has been the subject of several analyst reports. DA Davidson increased their price objective on EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. Stifel Nicolaus lifted their target price on EMCOR Group from $754.00 to $814.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research report on Wednesday, January 21st. UBS Group raised their price objective on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research note on Friday. Finally, Cantor Fitzgerald assumed coverage on shares of EMCOR Group in a report on Tuesday. They set an “overweight” rating and a $848.00 price objective on the stock. Nine investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, EMCOR Group currently has a consensus rating of “Moderate Buy” and an average target price of $784.43.

EMCOR Group Stock Performance

Shares of EME stock opened at $723.64 on Wednesday. The firm has a market cap of $32.22 billion, a price-to-earnings ratio of 25.63 and a beta of 1.16. EMCOR Group, Inc. has a 52 week low of $320.89 and a 52 week high of $835.00. The firm’s 50-day simple moving average is $722.68 and its two-hundred day simple moving average is $670.47.

EMCOR Group (NYSE:EME) last released its earnings results on Thursday, February 26th. The construction company reported $7.19 earnings per share for the quarter, beating analysts’ consensus estimates of $6.68 by $0.51. EMCOR Group had a net margin of 7.49% and a return on equity of 35.89%. The firm had revenue of $4.51 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same period in the prior year, the firm earned $6.32 EPS. The company’s revenue was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. Analysts forecast that EMCOR Group, Inc. will post 20.74 earnings per share for the current year.

EMCOR Group announced that its Board of Directors has authorized a stock repurchase program on Thursday, December 18th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the construction company to reacquire up to 1.9% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s board believes its stock is undervalued.

EMCOR Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, January 14th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.2%. This is a positive change from EMCOR Group’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Wednesday, January 14th. EMCOR Group’s dividend payout ratio is currently 5.67%.

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.