Meeder Advisory Services Inc. Buys Shares of 1,147 EMCOR Group, Inc. $EME

Meeder Advisory Services Inc. bought a new position in EMCOR Group, Inc. (NYSE:EME) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,147 shares of the construction company’s stock, valued at approximately $952,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Meeder Asset Management Inc. acquired a new position in EMCOR Group in the second quarter worth approximately $3,970,000. Citizens Financial Group Inc. RI acquired a new stake in EMCOR Group in the second quarter valued at approximately $1,068,000. Texas Capital Bank Wealth Management Services Inc acquired a new stake in EMCOR Group in the second quarter valued at approximately $257,000. UNIVEST FINANCIAL Corp acquired a new stake in EMCOR Group in the second quarter valued at approximately $8,609,000. Finally, Grandfield & Dodd LLC bought a new stake in EMCOR Group in the second quarter worth approximately $715,000. 92.59% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Cantor Fitzgerald dropped their price target on shares of EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating on the stock in a research note on Monday, August 10th. Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Stifel Nicolaus set a $918.00 price objective on shares of EMCOR Group in a report on Thursday, April 30th. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research report on Friday, July 17th. Finally, UBS Group raised their target price on EMCOR Group from $975.00 to $1,065.00 and gave the company a “buy” rating in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, EMCOR Group presently has an average rating of “Buy” and an average target price of $965.86.

Insider Transactions at EMCOR Group

In related news, Director Carol P. Lowe sold 950 shares of EMCOR Group stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total value of $802,275.00. Following the transaction, the director owned 17,278 shares in the company, valued at $14,591,271. This trade represents a 5.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.73% of the company’s stock.

EMCOR Group Stock Performance

EME opened at $804.87 on Thursday. The firm has a market cap of $35.50 billion, a P/E ratio of 25.03 and a beta of 1.14. The business has a 50 day moving average price of $798.75 and a 200 day moving average price of $800.14. EMCOR Group, Inc. has a twelve month low of $564.92 and a twelve month high of $951.96.

EMCOR Group (NYSE:EME) last announced its quarterly earnings results on Thursday, July 30th. The construction company reported $9.06 EPS for the quarter, beating the consensus estimate of $7.23 by $1.83. EMCOR Group had a return on equity of 35.49% and a net margin of 7.74%.The company had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $4.71 billion. During the same quarter last year, the company posted $6.72 earnings per share. The company’s revenue for the quarter was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. As a group, analysts anticipate that EMCOR Group, Inc. will post 33.04 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Wednesday, July 15th were paid a $0.40 dividend. The ex-dividend date was Wednesday, July 15th. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. EMCOR Group’s dividend payout ratio (DPR) is presently 4.98%.

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.