Meeder Advisory Services Inc. Makes New $952,000 Investment in EMCOR Group, Inc. $EME

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

Several other institutional investors also recently modified their holdings of EME. Swiss RE Ltd. acquired a new position in shares of EMCOR Group in the 4th quarter worth $25,000. Ascentis Independent Advisors acquired a new stake in shares of EMCOR Group during the first quarter worth $27,000. Zions Bancorporation National Association UT purchased a new stake in shares of EMCOR Group during the fourth quarter valued at $28,000. Activest Wealth Management lifted its holdings in shares of EMCOR Group by 800.0% during the fourth quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock valued at $33,000 after purchasing an additional 48 shares during the last quarter. Finally, Basecamp Wealth Advisors LLC boosted its position in shares of EMCOR Group by 4,700.0% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 48 shares of the construction company’s stock valued at $35,000 after purchasing an additional 47 shares during the period. Institutional investors own 92.59% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on EME. UBS Group lifted their price target on EMCOR Group from $975.00 to $1,065.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Zacks Research raised shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Cantor Fitzgerald decreased their target price on shares of EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating for the company in a report on Monday, August 10th. Stifel Nicolaus set a $918.00 target price on shares of EMCOR Group in a research report on Thursday, April 30th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a report on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, EMCOR Group currently has a consensus rating of “Buy” and an average price target of $965.86.

Insider Buying and Selling

In related news, Director Carol P. Lowe sold 950 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total transaction of $802,275.00. Following the transaction, the director directly owned 17,278 shares of the company’s stock, valued at approximately $14,591,271. The trade was a 5.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.73% of the company’s stock.

EMCOR Group Trading Down 2.4%

Shares of EME stock opened at $804.87 on Thursday. The company has a market capitalization of $35.50 billion, a price-to-earnings ratio of 25.03 and a beta of 1.14. EMCOR Group, Inc. has a 1-year low of $564.92 and a 1-year high of $951.96. The stock’s fifty day simple moving average is $798.75 and its 200-day simple moving average is $800.14.

EMCOR Group (NYSE:EME) last announced its quarterly earnings data on Thursday, July 30th. The construction company reported $9.06 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $5.15 billion during the quarter, compared to the consensus estimate of $4.71 billion. During the same period in the prior year, the business earned $6.72 EPS. The business’s revenue for the quarter was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. On average, sell-side analysts predict that EMCOR Group, Inc. will post 33.04 EPS for the current year.

EMCOR Group Dividend Announcement

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

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.