Sierra Summit Advisors LLC Buys 6,754 Shares of EMCOR Group, Inc. $EME

Sierra Summit Advisors LLC grew its stake in shares of EMCOR Group, Inc. (NYSE:EME) by 80.4% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 15,158 shares of the construction company’s stock after purchasing an additional 6,754 shares during the period. EMCOR Group comprises approximately 1.4% of Sierra Summit Advisors LLC’s portfolio, making the stock its 27th biggest position. Sierra Summit Advisors LLC’s holdings in EMCOR Group were worth $9,274,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EME. Barnes Dennig Private Wealth Management LLC bought a new stake in EMCOR Group during the 4th quarter worth approximately $26,000. Main Street Group LTD increased its holdings in EMCOR Group by 110.0% during the 3rd quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock worth $27,000 after purchasing an additional 22 shares in the last quarter. Orion Capital Management LLC bought a new stake in EMCOR Group during the 3rd quarter worth approximately $31,000. Activest Wealth Management increased its holdings in EMCOR Group by 800.0% during the 4th quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock worth $33,000 after purchasing an additional 48 shares in the last quarter. Finally, Richardson Financial Services Inc. increased its holdings in EMCOR Group by 71.9% during the 4th quarter. Richardson Financial Services Inc. now owns 55 shares of the construction company’s stock worth $34,000 after purchasing an additional 23 shares in the last quarter. 92.59% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on EME. UBS Group boosted 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. Zacks Research raised EMCOR Group from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a research note on Monday, April 20th. Wall Street Zen upgraded EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, Cantor Fitzgerald began coverage on EMCOR Group in a research note on Tuesday, March 10th. They issued an “overweight” rating and a $848.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $799.29.

Insiders Place Their Bets

In related news, CEO Anthony Guzzi sold 36,000 shares of the company’s stock in a transaction that occurred 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 transaction, the chief executive officer owned 170,299 shares in the company, valued at approximately $124,229,714.52. This represents a 17.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Jason R. Nalbandian sold 800 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $856.43, for a total value of $685,144.00. Following the completion of the transaction, the chief financial officer owned 18,157 shares in the company, valued at approximately $15,550,199.51. The trade was a 4.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 45,077 shares of company stock valued at $34,416,471 in the last quarter. 0.83% of the stock is currently owned by company insiders.

EMCOR Group Trading Down 0.2%

EMCOR Group stock opened at $852.94 on Thursday. EMCOR Group, Inc. has a 12 month low of $450.68 and a 12 month high of $951.96. The business’s 50 day simple moving average is $811.74 and its 200 day simple moving average is $724.39. The company has a market cap of $37.90 billion, a price-to-earnings ratio of 28.61 and a beta of 1.17.

EMCOR Group (NYSE:EME) last posted its quarterly earnings data on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, beating the consensus estimate of $5.90 by $0.94. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The business had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $4.20 billion. During the same quarter in the prior year, the business earned $5.41 earnings per share. EMCOR Group’s revenue for the quarter was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, equities research analysts forecast that EMCOR Group, Inc. will post 28.67 earnings per share for the current fiscal year.

EMCOR Group Dividend Announcement

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

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.