TD Waterhouse Canada Inc. Sells 1,169 Shares of EMCOR Group, Inc. $EME

TD Waterhouse Canada Inc. decreased its holdings in EMCOR Group, Inc. (NYSE:EME) by 9.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,424 shares of the construction company’s stock after selling 1,169 shares during the period. TD Waterhouse Canada Inc.’s holdings in EMCOR Group were worth $6,989,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Main Street Group LTD raised its stake 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 buying an additional 22 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in EMCOR Group in the fourth quarter worth approximately $26,000. Quent Capital LLC bought a new position in EMCOR Group in the third quarter worth approximately $29,000. Orion Capital Management LLC bought a new position in EMCOR Group in the third quarter worth approximately $31,000. Finally, Richardson Financial Services Inc. raised its stake in EMCOR Group by 71.9% in the fourth quarter. Richardson Financial Services Inc. now owns 55 shares of the construction company’s stock worth $34,000 after buying an additional 23 shares in the last quarter. Institutional investors own 92.59% of the company’s stock.

EMCOR Group Trading Up 0.8%

Shares of EME stock opened at $837.39 on Wednesday. The business’s fifty day simple moving average is $764.09 and its 200-day simple moving average is $697.83. The company has a market cap of $37.29 billion, a PE ratio of 29.66 and a beta of 1.11. EMCOR Group, Inc. has a 12-month low of $365.87 and a 12-month high of $842.50.

EMCOR Group (NYSE:EME) last issued its quarterly earnings results on Thursday, February 26th. The construction company reported $7.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.68 by $0.51. The business had revenue of $4.51 billion for the quarter, compared to the consensus estimate of $4.28 billion. EMCOR Group had a return on equity of 35.89% and a net margin of 7.49%.The business’s quarterly revenue was up 19.7% on a year-over-year basis. During the same period in the prior year, the firm posted $6.32 earnings per share. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. On average, equities analysts forecast that EMCOR Group, Inc. will post 28.24 earnings per share for the current year.

EMCOR Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Thursday, April 16th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Thursday, April 16th. EMCOR Group’s dividend payout ratio is presently 5.67%.

Insider Activity

In related news, CEO Anthony Guzzi sold 36,000 shares of the company’s stock in a transaction 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 directly owned 170,299 shares of the company’s stock, valued at $124,229,714.52. This represents a 17.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.26% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. UBS Group boosted their price objective on shares of EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Wall Street Zen downgraded EMCOR Group from a “buy” rating to a “hold” rating in a research report on Saturday. Cantor Fitzgerald initiated coverage on EMCOR Group in a research report on Tuesday, March 10th. They set an “overweight” rating and a $848.00 price target on the stock. Robert W. Baird upped their price target on EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a research report on Wednesday, January 21st. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $796.86.

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.