EMCOR Group, Inc. (NYSE:EME) Receives Consensus Recommendation of “Moderate Buy” from Analysts

EMCOR Group, Inc. (NYSE:EMEGet Free Report) has been given a consensus recommendation of “Moderate Buy” by the thirteen research firms that are covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is $799.2857.

Several equities analysts recently issued reports on the company. Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday. Robert W. Baird lifted their price objective on EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a report on Friday, February 27th. UBS Group lifted their price objective on EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Stifel Nicolaus set a $918.00 price target on EMCOR Group in a report on Thursday. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a report on Monday, April 20th.

Check Out Our Latest Stock Report on EME

EMCOR Group Stock Performance

Shares of EME stock opened at $903.72 on Monday. The stock has a fifty day moving average price of $774.16 and a 200 day moving average price of $707.25. The stock has a market cap of $40.16 billion, a PE ratio of 30.32 and a beta of 1.17. EMCOR Group has a 1 year low of $415.72 and a 1 year high of $905.72.

EMCOR Group (NYSE:EMEGet Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.90 by $0.94. The firm had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $4.20 billion. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.EMCOR Group’s revenue was up 19.7% on a year-over-year basis. During the same period in the previous year, the firm posted $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, equities research analysts predict that EMCOR Group will post 28.53 earnings per share for the current year.

EMCOR Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Thursday, April 16th. EMCOR Group’s payout ratio is 5.37%.

Insider Buying and Selling at EMCOR Group

In other 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 completion of the transaction, the chief executive officer directly owned 170,299 shares of the company’s stock, valued at $124,229,714.52. The trade was a 17.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.83% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On EMCOR Group

A number of institutional investors have recently made changes to their positions in the stock. Diversify Wealth Management LLC acquired a new position in shares of EMCOR Group in the first quarter worth $741,000. Valmark Advisers Inc. raised its holdings in shares of EMCOR Group by 12.3% in the first quarter. Valmark Advisers Inc. now owns 2,939 shares of the construction company’s stock worth $2,170,000 after acquiring an additional 321 shares during the last quarter. Kaizen Financial Strategies raised its holdings in shares of EMCOR Group by 5.1% in the first quarter. Kaizen Financial Strategies now owns 413 shares of the construction company’s stock worth $327,000 after acquiring an additional 20 shares during the last quarter. Seneca House Advisors raised its holdings in shares of EMCOR Group by 4.4% in the first quarter. Seneca House Advisors now owns 6,535 shares of the construction company’s stock worth $4,825,000 after acquiring an additional 273 shares during the last quarter. Finally, Citizens Financial Group Inc. RI increased its stake in EMCOR Group by 104.6% in the first quarter. Citizens Financial Group Inc. RI now owns 980 shares of the construction company’s stock valued at $724,000 after purchasing an additional 501 shares during the last quarter. 92.59% of the stock is owned by institutional investors and hedge funds.

About EMCOR Group

(Get Free Report)

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.

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Analyst Recommendations for EMCOR Group (NYSE:EME)

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