1,578 Shares in EMCOR Group, Inc. $EME Purchased by Contravisory Investment Management Inc.

Contravisory Investment Management Inc. bought a new stake in EMCOR Group, Inc. (NYSE:EME) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,578 shares of the construction company’s stock, valued at approximately $1,165,000.

Several other institutional investors have also recently bought and sold shares of EME. Swiss RE Ltd. bought a new position in shares of EMCOR Group during the 4th quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of EMCOR Group in the fourth quarter worth $26,000. Zions Bancorporation National Association UT acquired a new position in EMCOR Group during the fourth quarter worth $28,000. Activest Wealth Management boosted its holdings in EMCOR Group by 800.0% during the fourth quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock worth $33,000 after purchasing an additional 48 shares during the last quarter. Finally, Richardson Financial Services Inc. grew its position in EMCOR Group by 71.9% in the fourth quarter. Richardson Financial Services Inc. now owns 55 shares of the construction company’s stock valued at $34,000 after purchasing an additional 23 shares in the last quarter. Institutional investors own 92.59% of the company’s stock.

Insider Activity

In other news, CFO Jason R. Nalbandian sold 800 shares of the stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $856.43, for a total transaction of $685,144.00. Following the sale, the chief financial officer directly owned 18,157 shares of the company’s stock, valued at approximately $15,550,199.51. This represents a 4.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Robert Peter Lind sold 675 shares of the business’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $894.27, for a total value of $603,632.25. Following the completion of the transaction, the vice president directly owned 4,216 shares of the company’s stock, valued at approximately $3,770,242.32. This trade represents a 13.80% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 10,027 shares of company stock worth $8,957,466. 0.83% of the stock is owned by insiders.

EMCOR Group Price Performance

EME opened at $864.00 on Friday. The business has a fifty day simple moving average of $856.82 and a 200 day simple moving average of $762.93. EMCOR Group, Inc. has a 1 year low of $504.58 and a 1 year high of $951.96. The company has a market capitalization of $38.40 billion, a PE ratio of 28.98 and a beta of 1.12.

EMCOR Group (NYSE:EME) last posted its quarterly earnings data on Wednesday, April 29th. The construction company reported $6.84 earnings per share for the quarter, topping 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 firm had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $4.20 billion. During the same quarter last year, the business earned $5.41 EPS. The company’s quarterly revenue was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. Equities analysts anticipate that EMCOR Group, Inc. will post 29.37 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

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

Wall Street Analyst Weigh In

Several brokerages have commented on EME. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research report on Monday, April 20th. Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. UBS Group lifted their target price on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Zacks Research cut EMCOR Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Finally, Robert W. Baird raised their price target on EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a research note on Friday, February 27th. Ten analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $871.25.

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.