EMCOR Group (NYSE:EME) Director William Reid Sells 2,000 Shares

EMCOR Group, Inc. (NYSE:EME) Director William Reid sold 2,000 shares of the company’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $925.78, for a total transaction of $1,851,560.00. Following the completion of the sale, the director owned 10,149 shares in the company, 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.

EMCOR Group Stock Down 0.2%

Shares of NYSE EME traded down $1.80 during midday trading on Wednesday, hitting $923.10. The stock had a trading volume of 327,370 shares, compared to its average volume of 376,422. The business’s 50 day moving average is $791.84 and its 200-day moving average is $717.52. The company has a market cap of $41.02 billion, a P/E ratio of 30.97 and a beta of 1.17. EMCOR Group, Inc. has a 52 week low of $450.68 and a 52 week high of $951.96.

EMCOR Group (NYSE:EME) last issued its earnings results 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 for 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 business’s revenue was up 19.7% on a year-over-year basis. During the same quarter in the prior 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, analysts expect that EMCOR Group, Inc. will post 28.67 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Swiss RE Ltd. bought a new position in EMCOR Group during the fourth quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in EMCOR Group in the fourth quarter worth approximately $26,000. Main Street Group LTD raised its position in EMCOR Group by 110.0% in the third quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock worth $27,000 after acquiring an additional 22 shares during the period. Ascentis Independent Advisors bought a new position in EMCOR Group in the first quarter worth approximately $27,000. Finally, Zions Bancorporation National Association UT bought a new position in EMCOR Group in the fourth quarter worth approximately $28,000. Institutional investors own 92.59% of the company’s stock.

Wall Street Analysts Forecast Growth

EME has been the topic of several analyst reports. DA Davidson upped their target price on shares of EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. Zacks Research upgraded shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th. Robert W. Baird upped their target price on shares of EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a research note on Friday, February 27th. Cantor Fitzgerald initiated coverage on shares of EMCOR Group in a research note on Tuesday, March 10th. They issued an “overweight” rating and a $848.00 target price on the stock. Finally, Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a research report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $799.29.

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.