MUFG Securities EMEA plc Purchases 980 Shares of EMCOR Group, Inc. $EME

MUFG Securities EMEA plc increased its position in EMCOR Group, Inc. (NYSE:EME) by 114.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,837 shares of the construction company’s stock after purchasing an additional 980 shares during the period. MUFG Securities EMEA plc’s holdings in EMCOR Group were worth $1,124,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Asahi Life Asset Management CO. LTD. bought a new position in EMCOR Group during the 3rd quarter valued at about $445,000. Machina Capital S.A.S. bought a new position in EMCOR Group during the 3rd quarter valued at about $1,074,000. Wealth Enhancement Advisory Services LLC lifted its stake in EMCOR Group by 12.9% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 12,149 shares of the construction company’s stock valued at $7,972,000 after acquiring an additional 1,389 shares during the period. Public Sector Pension Investment Board increased its position in shares of EMCOR Group by 18.7% during the 3rd quarter. Public Sector Pension Investment Board now owns 23,982 shares of the construction company’s stock valued at $15,577,000 after purchasing an additional 3,783 shares during the last quarter. Finally, Sierra Summit Advisors LLC purchased a new stake in shares of EMCOR Group during the 3rd quarter valued at about $5,459,000. Institutional investors own 92.59% of the company’s stock.

Insider Buying and Selling

In other EMCOR Group news, VP Robert Peter Lind sold 675 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $894.27, for a total value of $603,632.25. Following the completion of the transaction, the vice president directly owned 4,216 shares in the company, valued at $3,770,242.32. This represents a 13.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Jason R. Nalbandian sold 800 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $856.43, for a total value of $685,144.00. Following the completion of the transaction, the chief financial officer owned 18,157 shares of the company’s stock, valued at $15,550,199.51. The trade was a 4.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 45,077 shares of company stock worth $34,416,471 in the last ninety days. Corporate insiders own 1.26% of the company’s stock.

EMCOR Group Trading Down 0.4%

EMCOR Group stock opened at $827.59 on Wednesday. The firm has a 50 day moving average of $830.90 and a 200 day moving average of $734.89. The firm has a market capitalization of $36.78 billion, a price-to-earnings ratio of 27.76 and a beta of 1.12. EMCOR Group, Inc. has a 12-month low of $455.14 and a 12-month high of $951.96.

EMCOR Group (NYSE:EME) last released 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 company had revenue of $4.63 billion during the quarter, compared to analyst estimates 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 period in the prior year, the firm posted $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 28.84 EPS for the current year.

EMCOR Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Thursday, April 16th were issued 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 Thursday, April 16th. EMCOR Group’s dividend payout ratio is currently 5.37%.

Analyst Ratings Changes

Several equities research analysts have recently commented on EME shares. Cantor Fitzgerald started coverage on shares of EMCOR Group in a research report on Tuesday, March 10th. They set an “overweight” rating and a $848.00 price target for the company. UBS Group upped their price target 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. Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a research report on Monday, April 20th. Finally, Robert W. Baird upped their price target on shares of EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. Ten research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $836.88.

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.