EMCOR Group (NYSE:EME) Director Sells $5,014,854.38 in Stock

EMCOR Group, Inc. (NYSE:EME) Director Steven Schwarzwaelder sold 5,602 shares of the company’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $895.19, for a total transaction of $5,014,854.38. Following the completion of the transaction, the director directly owned 15,875 shares of the company’s stock, valued at approximately $14,211,141.25. The trade was a 26.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

EMCOR Group Stock Performance

NYSE EME traded up $7.11 on Monday, reaching $910.61. The company had a trading volume of 314,307 shares, compared to its average volume of 376,099. The company’s fifty day moving average is $774.16 and its 200-day moving average is $707.25. EMCOR Group, Inc. has a 1-year low of $426.28 and a 1-year high of $921.22. The firm has a market capitalization of $40.47 billion, a price-to-earnings ratio of 30.55 and a beta of 1.17.

EMCOR Group (NYSE:EME) last issued its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, topping the consensus estimate of $5.90 by $0.94. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The firm had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $4.20 billion. During the same period in the previous year, the firm posted $5.41 EPS. The company’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. On average, research analysts forecast that EMCOR Group, Inc. will post 28.53 earnings per share for the current year.

EMCOR Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th were given a dividend of $0.40 per share. 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 5.37%.

Institutional Investors Weigh In On EMCOR Group

A number of institutional investors and hedge funds have recently modified their holdings of the company. Principal Financial Group Inc. raised its holdings in shares of EMCOR Group by 4.5% in the 1st quarter. Principal Financial Group Inc. now owns 57,802 shares of the construction company’s stock valued at $42,676,000 after purchasing an additional 2,471 shares during the period. Chicago Partners Investment Group LLC raised its holdings in shares of EMCOR Group by 127.3% in the 1st quarter. Chicago Partners Investment Group LLC now owns 2,198 shares of the construction company’s stock valued at $1,623,000 after purchasing an additional 1,231 shares during the period. Y.D. More Investments Ltd bought a new position in EMCOR Group during the first quarter worth $1,135,000. Applied Finance Capital Management LLC boosted its position in EMCOR Group by 8.7% during the first quarter. Applied Finance Capital Management LLC now owns 589 shares of the construction company’s stock worth $435,000 after purchasing an additional 47 shares during the period. Finally, Diversify Wealth Management LLC bought a new position in EMCOR Group during the first quarter worth $741,000. 92.59% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on EME shares. Robert W. Baird boosted their price target on shares of EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. Stifel Nicolaus set a $918.00 price target on shares of EMCOR Group in a research report on Thursday. UBS Group boosted their price target on shares of EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Cantor Fitzgerald started coverage on shares of EMCOR Group in a research report on Tuesday, March 10th. They set an “overweight” rating and a $848.00 price target on the stock. Finally, Weiss Ratings reissued 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 given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average 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.