Commerce Bank Makes New $4.16 Million Investment in EMCOR Group, Inc. $EME

Commerce Bank purchased a new stake in shares of EMCOR Group, Inc. (NYSE:EME) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 5,009 shares of the construction company’s stock, valued at approximately $4,157,000.

A number of other institutional investors also recently modified their holdings of the company. BlackRock Inc. bought a new stake in shares of EMCOR Group during the 2nd quarter worth $3,416,412,000. State Street Corp lifted its position in EMCOR Group by 2.2% during the 4th quarter. State Street Corp now owns 1,893,792 shares of the construction company’s stock worth $1,158,603,000 after acquiring an additional 40,801 shares during the last quarter. Geode Capital Management LLC lifted its position in EMCOR Group by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 1,425,523 shares of the construction company’s stock worth $869,343,000 after acquiring an additional 7,790 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in EMCOR Group by 34.5% during the fourth quarter. Victory Capital Management Inc. now owns 1,276,966 shares of the construction company’s stock valued at $781,239,000 after acquiring an additional 327,606 shares during the period. Finally, Invesco Ltd. boosted its holdings in EMCOR Group by 10.5% during the fourth quarter. Invesco Ltd. now owns 799,271 shares of the construction company’s stock valued at $488,986,000 after acquiring an additional 75,692 shares during the period. Institutional investors own 92.59% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on EME. Stifel Nicolaus set a $918.00 price objective on EMCOR Group in a research note on Thursday, April 30th. Cantor Fitzgerald decreased their target price on EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating for the company in a research note on Monday, August 10th. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a report on Friday, July 17th. DA Davidson set a $1,047.00 price objective on EMCOR Group in a research report on Monday, August 10th. Finally, Oppenheimer raised their price objective on shares of EMCOR Group from $1,100.00 to $1,200.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $965.86.

Insider Buying and Selling

In other EMCOR Group 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 transaction of $802,275.00. Following the sale, the director owned 17,278 shares in the company, valued at $14,591,271. The trade was a 5.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.73% of the stock is currently owned by company insiders.

EMCOR Group Stock Down 1.5%

Shares of EME opened at $765.23 on Tuesday. EMCOR Group, Inc. has a 12-month low of $564.92 and a 12-month high of $951.96. The firm has a market capitalization of $33.75 billion, a price-to-earnings ratio of 23.80 and a beta of 1.14. The stock’s 50-day moving average price is $795.86 and its 200 day moving average price is $801.09.

EMCOR Group (NYSE:EME) last announced its quarterly earnings data on Thursday, July 30th. The construction company reported $9.06 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $4.71 billion. During the same quarter last year, the company earned $6.72 EPS. The company’s quarterly revenue was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. Equities research analysts expect that EMCOR Group, Inc. will post 33.04 EPS for the current 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 given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Wednesday, July 15th. EMCOR Group’s dividend payout ratio (DPR) is 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.