EMCOR Group, Inc. (NYSE:EME - Get Free Report) Director Steven Schwarzwaelder sold 5,602 shares of EMCOR Group stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $895.19, for a total transaction of $5,014,854.38. Following the sale, the director directly owned 15,875 shares of the company's stock, valued at $14,211,141.25. This represents a 26.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.
EMCOR Group Stock Performance
EME traded up $7.11 during trading on Monday, reaching $910.61. 314,307 shares of the company's stock were exchanged, compared to its average volume of 376,099. The company's fifty day moving average price is $774.16 and its 200-day moving average price is $707.25. EMCOR Group, Inc. has a fifty-two week low of $426.28 and a fifty-two week high of $921.22. The firm has a market capitalization of $40.47 billion, a PE ratio of 30.55 and a beta of 1.17.
EMCOR Group (NYSE:EME - Get Free Report) last released its earnings results on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, topping analysts' consensus estimates of $5.90 by $0.94. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The firm had revenue of $4.63 billion during the quarter, compared to analyst estimates of $4.20 billion. During the same quarter in the previous year, the business earned $5.41 EPS. 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 28.250-29.750 EPS. Research analysts forecast that EMCOR Group, Inc. will post 28.53 earnings per share for the current fiscal year.
EMCOR Group Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were issued a $0.40 dividend. The ex-dividend date of this dividend was Thursday, April 16th. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. EMCOR Group's payout ratio is 5.37%.
Analyst Ratings Changes
EME has been the subject of several research analyst reports. UBS Group boosted their price target on shares of EMCOR Group from $900.00 to $945.00 and gave the company a "buy" rating in a report on Friday, March 6th. Zacks Research raised shares of EMCOR Group from a "hold" rating to a "strong-buy" rating in a report on Monday, April 27th. Weiss Ratings reissued a "buy (b)" rating on shares of EMCOR Group in a report on Monday, April 20th. Stifel Nicolaus set a $918.00 price target on shares of EMCOR Group in a report on Thursday. Finally, Cantor Fitzgerald initiated coverage on shares of EMCOR Group in a report on Tuesday, March 10th. They issued an "overweight" rating and a $848.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $799.29.
Check Out Our Latest Report on EMCOR Group
Hedge Funds Weigh In On EMCOR Group
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Ascentis Independent Advisors acquired a new position in EMCOR Group in the 1st quarter worth $27,000. Swiss RE Ltd. acquired a new position in EMCOR Group in the 4th quarter worth $25,000. Main Street Group LTD boosted its stake in EMCOR Group by 110.0% in the 3rd quarter. Main Street Group LTD now owns 42 shares of the construction company's stock worth $27,000 after purchasing an additional 22 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new position in EMCOR Group in the 4th quarter worth $26,000. Finally, Quent Capital LLC acquired a new position in EMCOR Group in the 3rd quarter worth $29,000. 92.59% of the stock is owned by institutional investors and hedge funds.
EMCOR Group Company Profile
(
Get Free Report)
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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