Sanctuary Advisors LLC Makes New $9.05 Million Investment in EMCOR Group, Inc. $EME

Sanctuary Advisors LLC bought a new position in shares of EMCOR Group, Inc. (NYSE:EME) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 10,904 shares of the construction company’s stock, valued at approximately $9,049,000.

Other hedge funds have also modified their holdings of the company. Ascentis Independent Advisors bought a new position in EMCOR Group in the 1st quarter worth approximately $27,000. Swiss RE Ltd. bought a new position in EMCOR Group in the 4th quarter valued at $25,000. Zions Bancorporation National Association UT bought a new position in EMCOR Group in the 4th quarter valued at $28,000. Clearstead Trust LLC acquired a new stake in shares of EMCOR Group in the 2nd quarter valued at $38,000. Finally, Basecamp Wealth Advisors LLC increased its stake 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 buying an additional 47 shares during the period. 92.59% of the stock is owned by institutional investors.

EMCOR Group Stock Performance

Shares of EME stock opened at $765.23 on Tuesday. EMCOR Group, Inc. has a 52 week low of $564.92 and a 52 week high of $951.96. The company’s 50 day moving average price is $795.86 and its two-hundred day moving average price is $801.09. The company has a market capitalization of $33.75 billion, a P/E ratio of 23.80 and a beta of 1.14.

EMCOR Group (NYSE:EME) last released its quarterly earnings results on Thursday, July 30th. The construction company reported $9.06 earnings per share for the quarter, beating the consensus estimate of $7.23 by $1.83. EMCOR Group had a net margin of 7.74% and a return on equity of 35.49%. The company had revenue of $5.15 billion during the quarter, compared to analysts’ expectations of $4.71 billion. During the same quarter in the prior year, the company earned $6.72 earnings per share. The business’s quarterly revenue was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. Analysts forecast that EMCOR Group, Inc. will post 33.04 earnings per share for the current year.

EMCOR Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Wednesday, July 15th were paid a $0.40 dividend. The ex-dividend date of this dividend was 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 presently 4.98%.

Analyst Ratings Changes

EME has been the topic of several research reports. Oppenheimer upped their price target on EMCOR Group from $1,100.00 to $1,200.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Wall Street Zen upgraded EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Zacks Research raised shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. DA Davidson set a $1,047.00 price objective on shares of EMCOR Group in a research report on Monday, August 10th. Finally, UBS Group raised their price objective 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. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $965.86.

Insiders Place Their Bets

In other EMCOR Group news, Director Carol P. Lowe sold 950 shares of the stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $844.50, for a total transaction of $802,275.00. Following the completion of the transaction, the director owned 17,278 shares in the company, valued at approximately $14,591,271. This represents a 5.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.73% 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.