EMCOR Group, Inc. (NYSE:EME) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of EMCOR Group, Inc. (NYSE:EME) have received an average rating of “Moderate Buy” from the eleven brokerages that are covering the company, MarketBeat reports. Two analysts have rated the stock with a hold recommendation, eight have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $871.25.

A number of research analysts have recently commented on EME shares. Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research note on Monday, April 20th. Stifel Nicolaus set a $918.00 price objective on EMCOR Group in a report on Thursday, April 30th. Zacks Research raised EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $1,123.00 target price on shares of EMCOR Group in a research note on Tuesday, June 16th.

EMCOR Group Trading Down 1.2%

Shares of NYSE:EME opened at $741.30 on Friday. The company has a market capitalization of $32.94 billion, a price-to-earnings ratio of 24.87 and a beta of 1.13. EMCOR Group has a 12 month low of $540.00 and a 12 month high of $951.96. The firm’s 50-day moving average is $829.21 and its 200 day moving average is $779.67.

EMCOR Group (NYSE:EME) last announced its quarterly earnings data 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 business had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.20 billion. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The firm’s quarterly revenue was up 19.7% compared to the same quarter last year. During the same quarter last year, the firm earned $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, equities analysts forecast that EMCOR Group will post 29.37 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Wednesday, July 15th. EMCOR Group’s payout ratio is currently 5.37%.

Insider Transactions at EMCOR Group

In related news, Director William P. Reid sold 2,000 shares of EMCOR Group stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $925.78, for a total transaction of $1,851,560.00. Following the completion of the sale, the director owned 10,149 shares in the company, valued at $9,395,741.22. This trade represents a 16.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Carol P. Lowe sold 950 shares of the business’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total transaction of $802,275.00. Following the completion of the sale, the director directly owned 17,278 shares of the company’s stock, valued at approximately $14,591,271. This trade represents a 5.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 10,027 shares of company stock valued at $8,957,466. Company insiders own 0.83% of the company’s stock.

Institutional Trading of EMCOR Group

Several institutional investors and hedge funds have recently modified their holdings of EME. Northwestern Mutual Wealth Management Co. grew its holdings in EMCOR Group by 132,234.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 669,611 shares of the construction company’s stock worth $409,661,000 after acquiring an additional 669,105 shares in the last quarter. Norges Bank bought a new stake in shares of EMCOR Group in the 4th quarter valued at about $389,702,000. Bank of Montreal Can lifted its position in shares of EMCOR Group by 425.8% in the 4th quarter. Bank of Montreal Can now owns 560,477 shares of the construction company’s stock worth $342,894,000 after purchasing an additional 453,876 shares during the period. Victory Capital Management Inc. lifted its position in shares of EMCOR Group by 34.5% in the 4th quarter. Victory Capital Management Inc. now owns 1,276,966 shares of the construction company’s stock worth $781,239,000 after purchasing an additional 327,606 shares during the period. Finally, Earnest Partners LLC bought a new position in shares of EMCOR Group during the fourth quarter valued at approximately $156,714,000. Institutional investors own 92.59% of the company’s stock.

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.