IFM Investors Pty Ltd Acquires Shares of 8,639 EMCOR Group, Inc. $EME

IFM Investors Pty Ltd acquired a new stake in shares of EMCOR Group, Inc. (NYSE:EME) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,639 shares of the construction company’s stock, valued at approximately $6,378,000.

Other institutional investors also recently modified their holdings of the company. PAX Financial Group LLC grew its stake in shares of EMCOR Group by 3.6% in the fourth quarter. PAX Financial Group LLC now owns 404 shares of the construction company’s stock worth $247,000 after purchasing an additional 14 shares during the last quarter. Austin Private Wealth LLC increased its holdings in EMCOR Group by 3.6% during the 4th quarter. Austin Private Wealth LLC now owns 437 shares of the construction company’s stock valued at $267,000 after purchasing an additional 15 shares during the period. First National Bank of Hutchinson raised its position in EMCOR Group by 0.9% during the 4th quarter. First National Bank of Hutchinson now owns 1,614 shares of the construction company’s stock valued at $987,000 after purchasing an additional 15 shares during the last quarter. Advisors Capital Management LLC raised its position in EMCOR Group by 3.4% during the 4th quarter. Advisors Capital Management LLC now owns 450 shares of the construction company’s stock valued at $275,000 after purchasing an additional 15 shares during the last quarter. Finally, KPP Advisory Services LLC lifted its holdings in EMCOR Group by 3.9% in the 4th quarter. KPP Advisory Services LLC now owns 399 shares of the construction company’s stock worth $244,000 after buying an additional 15 shares during the period. 92.59% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other EMCOR Group news, VP Robert Peter Lind sold 675 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $894.27, for a total transaction of $603,632.25. Following the completion of the transaction, the vice president 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Jason R. Nalbandian sold 800 shares of the firm’s stock in a transaction 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 transaction, the chief financial officer directly owned 18,157 shares of the company’s stock, valued at $15,550,199.51. This represents a 4.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 10,027 shares of company stock valued at $8,957,466 in the last 90 days. Corporate insiders own 0.83% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on EME. Oppenheimer started coverage on EMCOR Group in a research report on Thursday, May 28th. They issued an “outperform” rating and a $1,100.00 price objective on the stock. Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a report on Monday, April 20th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $1,123.00 price target on shares of EMCOR Group in a research note on Tuesday, June 16th. Wall Street Zen upgraded shares of EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, UBS Group boosted their price objective on shares of EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $871.25.

EMCOR Group Stock Performance

EMCOR Group stock opened at $774.63 on Friday. The stock’s 50 day simple moving average is $855.90 and its two-hundred day simple moving average is $769.17. The stock has a market cap of $34.42 billion, a price-to-earnings ratio of 25.99 and a beta of 1.13. EMCOR Group, Inc. has a fifty-two week low of $532.25 and a fifty-two week high of $951.96.

EMCOR Group (NYSE:EME) last announced its earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.90 by $0.94. The firm had revenue of $4.63 billion during the quarter, compared to analyst estimates of $4.20 billion. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The business’s revenue was up 19.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, analysts predict that EMCOR Group, Inc. will post 29.37 earnings per share for the current year.

EMCOR Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be issued a $0.40 dividend. The ex-dividend date is 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 is 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.