EMCOR Group, Inc. (NYSE:EME) Receives Average Recommendation of "Moderate Buy" from Brokerages

Key Points

• EMCOR Group has a consensus analyst rating of “Moderate Buy”, with 10 of 14 analysts rating it a buy and an average 1-year price target of $836.88.
• The company recently beat Q1 earnings and revenue expectations, reporting EPS of $6.84 versus $5.90 expected and revenue of $4.63 billion versus $4.20 billion estimated, with revenue up 19.7% year over year.
• EMCOR also announced a quarterly dividend of $0.40 per share, while insider selling was notable recently, including trades by the CFO and a director and 45,077 shares sold in the last quarter.

Shares of EMCOR Group, Inc. (NYSE:EME - Get Free Report) have been given a consensus rating of "Moderate Buy" by the fourteen analysts that are covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $836.8750.

A number of brokerages have recently issued reports on EME. Wall Street Zen raised EMCOR Group from a "hold" rating to a "buy" rating in a research note on Saturday, May 2nd. Robert W. Baird increased their target price on EMCOR Group from $713.00 to $808.00 and gave the stock an "outperform" rating in a research note on Friday, February 27th. Zacks Research downgraded EMCOR Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday. Oppenheimer began coverage on EMCOR Group in a research note on Thursday. They set an "outperform" rating and a $1,100.00 target price for the company. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of EMCOR Group in a research note on Monday, April 20th.

EMCOR Group Stock Down 0.8%

EME opened at $848.57 on Friday. The business has a 50 day moving average price of $827.61 and a two-hundred day moving average price of $732.36. The company has a market cap of $37.71 billion, a PE ratio of 28.47 and a beta of 1.17. EMCOR Group has a 52 week low of $455.14 and a 52 week high of $951.96.

EMCOR Group (NYSE:EME - Get Free Report) last issued its earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.90 by $0.94. The business had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.20 billion. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The company's revenue for the quarter was up 19.7% on a year-over-year basis. During the same period in the prior year, the business posted $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, sell-side analysts expect that EMCOR Group will post 28.67 EPS for the current fiscal year.

EMCOR Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Thursday, April 16th. EMCOR Group's dividend payout ratio is 5.37%.

Insider Buying and Selling at EMCOR Group

In other news, CFO Jason R. Nalbandian sold 800 shares of the stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $856.43, for a total transaction of $685,144.00. Following the completion of the transaction, the chief financial officer directly owned 18,157 shares of the company's stock, valued at approximately $15,550,199.51. This represents a 4.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director William P. Reid sold 2,000 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $925.78, for a total value of $1,851,560.00. Following the transaction, the director directly owned 10,149 shares of the company's stock, valued at approximately $9,395,741.22. This trade represents a 16.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 45,077 shares of company stock worth $34,416,471. 0.83% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On EMCOR Group

A number of institutional investors and hedge funds have recently modified their holdings of the company. Groupama Asset Managment acquired a new stake in shares of EMCOR Group in the 1st quarter worth approximately $619,000. Verus Capital Partners LLC grew its holdings in shares of EMCOR Group by 8.1% in the 1st quarter. Verus Capital Partners LLC now owns 930 shares of the construction company's stock worth $687,000 after acquiring an additional 70 shares during the period. Essential Partners LLC grew its holdings in shares of EMCOR Group by 5.0% in the 1st quarter. Essential Partners LLC now owns 1,834 shares of the construction company's stock worth $1,354,000 after acquiring an additional 88 shares during the period. BankChampaign National Association acquired a new stake in shares of EMCOR Group in the 1st quarter worth approximately $512,000. Finally, Western Wealth Management LLC grew its holdings in shares of EMCOR Group by 14.7% in the 1st quarter. Western Wealth Management LLC now owns 3,351 shares of the construction company's stock worth $2,474,000 after acquiring an additional 429 shares during the period. Institutional investors and hedge funds own 92.59% 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.

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