Montag A & Associates Inc. Boosts Stake in EMCOR Group, Inc. $EME

Montag A & Associates Inc. lifted its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 34.4% during the first quarter, Holdings Channel reports. The fund owned 6,925 shares of the construction company’s stock after purchasing an additional 1,771 shares during the quarter. Montag A & Associates Inc.’s holdings in EMCOR Group were worth $5,113,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of EME. Northwestern Mutual Wealth Management Co. boosted its holdings in EMCOR Group by 132,234.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 669,611 shares of the construction company’s stock valued at $409,661,000 after purchasing an additional 669,105 shares during the last quarter. Norges Bank acquired a new position in shares of EMCOR Group in the 4th quarter valued at approximately $389,702,000. Bank of Montreal Can boosted its stake in shares of EMCOR Group by 425.8% during the 4th quarter. Bank of Montreal Can now owns 560,477 shares of the construction company’s stock valued at $342,894,000 after buying an additional 453,876 shares during the last quarter. Victory Capital Management Inc. boosted its stake in shares of EMCOR Group by 34.5% during the 4th quarter. Victory Capital Management Inc. now owns 1,276,966 shares of the construction company’s stock valued at $781,239,000 after buying an additional 327,606 shares during the last quarter. Finally, Earnest Partners LLC acquired a new stake in shares of EMCOR Group during the fourth quarter worth approximately $156,714,000. Institutional investors and hedge funds own 92.59% of the company’s stock.

EMCOR Group Stock Performance

EMCOR Group stock opened at $769.36 on Wednesday. EMCOR Group, Inc. has a 1 year low of $532.25 and a 1 year high of $951.96. The firm’s 50-day moving average is $850.50 and its 200-day moving average is $772.60. The company has a market cap of $34.19 billion, a P/E ratio of 25.81 and a beta of 1.13.

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, beating analysts’ consensus estimates of $5.90 by $0.94. The business had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.20 billion. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The company’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, sell-side analysts predict that EMCOR Group, Inc. will post 29.37 earnings per share for the current year.

EMCOR Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Wednesday, July 15th. EMCOR Group’s dividend payout ratio is presently 5.37%.

Insider Buying and Selling at EMCOR Group

In related news, Director William P. Reid sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $925.78, for a total value of $1,851,560.00. Following the sale, the director owned 10,149 shares of the company’s stock, valued at approximately $9,395,741.22. This trade represents a 16.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Steven Schwarzwaelder sold 5,602 shares of the business’s stock in a transaction that occurred 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 owned 15,875 shares of the company’s stock, valued at $14,211,141.25. This represents a 26.08% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 10,027 shares of company stock worth $8,957,466. Corporate insiders own 1.26% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on EME. Cantor Fitzgerald restated an “overweight” rating and issued a $1,123.00 price target on shares of EMCOR Group in a research note on Tuesday, June 16th. Stifel Nicolaus set a $918.00 price objective on shares of EMCOR Group in a report on Thursday, April 30th. Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Oppenheimer assumed coverage on shares of EMCOR Group in a research note on Thursday, May 28th. They issued an “outperform” rating and a $1,100.00 target price on the stock. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a research report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, EMCOR Group has a consensus rating of “Moderate Buy” and an average price target of $871.25.

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.