19,075 Shares in EMCOR Group, Inc. $EME Acquired by Paradigm Capital Management Inc. NY

Paradigm Capital Management Inc. NY acquired a new stake in EMCOR Group, Inc. (NYSE:EME) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 19,075 shares of the construction company’s stock, valued at approximately $15,830,000.

Several other institutional investors have also added to or reduced their stakes in EME. Ascentis Independent Advisors bought a new stake in shares of EMCOR Group in the 1st quarter worth $27,000. Swiss RE Ltd. bought a new position in shares of EMCOR Group during the fourth quarter valued at $25,000. Zions Bancorporation National Association UT bought a new position in shares of EMCOR Group during the fourth quarter valued at $28,000. Clearstead Trust LLC bought a new position in shares of EMCOR Group during the second quarter valued at $38,000. Finally, Basecamp Wealth Advisors LLC boosted its position in shares of EMCOR Group by 4,700.0% during the first 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 last quarter. 92.59% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at EMCOR Group

In related news, Director Carol P. Lowe sold 950 shares of the firm’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 value of $802,275.00. Following the transaction, the director 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. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.73% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

EME has been the subject of several research analyst reports. DA Davidson set a $1,047.00 price objective on EMCOR Group in a report on Monday, August 10th. Stifel Nicolaus set a $918.00 price target on shares of EMCOR Group in a report on Thursday, April 30th. Zacks Research upgraded shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, Oppenheimer increased their price objective on shares of EMCOR Group from $1,100.00 to $1,200.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $965.86.

EMCOR Group Stock Performance

EMCOR Group stock opened at $765.23 on Tuesday. The stock has a market cap of $33.75 billion, a PE ratio of 23.80 and a beta of 1.14. EMCOR Group, Inc. has a one year low of $564.92 and a one year high of $951.96. The stock has a fifty day moving average of $795.86 and a 200 day moving average of $801.09.

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

EMCOR Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th were paid a $0.40 dividend. 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 is 4.98%.

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.