EMCOR Group (NYSE:EME) Upgraded by Wall Street Zen to "Buy" Rating

Key Points

• Wall Street Zen upgraded EMCOR (NYSE:EME) from "hold" to "buy"; MarketBeat shows a consensus of one Strong Buy, nine Buy and three Hold ratings (average rating: Moderate Buy) with a consensus price target of $799.29 and individual targets as high as $945.00.
• EMCOR beat expectations this quarter with $6.84 EPS vs. $5.90 expected and revenue of $4.63B vs. $4.20B expected, and set FY 2026 guidance at 28.25–29.75 EPS (analysts project ~28.53 EPS).
• Shares opened at $903.72 (near a 52-week high of $905.72) giving a $40.16B market cap, while CEO Anthony Guzzi sold 36,000 shares for about $26.26M (a 17.45% reduction in his holdings); institutional investors own ~92.59% of the stock.

EMCOR Group (NYSE:EME - Get Free Report) was upgraded by equities researchers at Wall Street Zen from a "hold" rating to a "buy" rating in a note issued to investors on Saturday.

Other analysts also recently issued reports about the company. Weiss Ratings reaffirmed a "buy (b)" rating on shares of EMCOR Group in a research report on Monday, April 20th. UBS Group increased their price target on EMCOR Group from $900.00 to $945.00 and gave the company a "buy" rating in a research report on Friday, March 6th. Stifel Nicolaus set a $918.00 price target on EMCOR Group in a research report on Thursday. DA Davidson increased their price target on EMCOR Group from $800.00 to $900.00 and gave the company a "buy" rating in a research report on Friday, February 27th. Finally, Cantor Fitzgerald assumed coverage on EMCOR Group in a research report on Tuesday, March 10th. They set 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 assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $799.29.

EMCOR Group Stock Up 1.4%

Shares of EMCOR Group stock opened at $903.72 on Friday. The company has a market cap of $40.16 billion, a PE ratio of 30.32 and a beta of 1.17. EMCOR Group has a 52 week low of $415.72 and a 52 week high of $905.72. The business has a 50 day moving average price of $774.16 and a 200-day moving average price of $706.83.

EMCOR Group (NYSE:EME - Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, topping the consensus estimate of $5.90 by $0.94. The firm 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 quarterly revenue was up 19.7% compared to the same quarter last year. During the same period in the prior year, the business posted $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, research analysts anticipate that EMCOR Group will post 28.53 EPS for the current year.

Insider Activity at EMCOR Group

In other news, CEO Anthony Guzzi sold 36,000 shares of the firm's stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $729.48, for a total value of $26,261,280.00. Following the completion of the transaction, the chief executive officer directly owned 170,299 shares of the company's stock, valued at $124,229,714.52. This trade represents a 17.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.83% of the stock is owned by insiders.

Hedge Funds Weigh In On EMCOR Group

A number of large investors have recently made changes to their positions in the stock. Asahi Life Asset Management CO. LTD. bought a new stake in EMCOR Group during the third quarter valued at $445,000. Machina Capital S.A.S. bought a new stake in EMCOR Group during the third quarter valued at $1,074,000. Donoghue Forlines LLC bought a new stake in EMCOR Group during the third quarter valued at $2,221,000. Wealth Enhancement Advisory Services LLC boosted its stake in EMCOR Group by 12.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 12,149 shares of the construction company's stock valued at $7,972,000 after buying an additional 1,389 shares during the period. Finally, Public Sector Pension Investment Board boosted its stake in EMCOR Group by 18.7% during the third quarter. Public Sector Pension Investment Board now owns 23,982 shares of the construction company's stock valued at $15,577,000 after buying an additional 3,783 shares during the period. 92.59% of the stock is owned by institutional investors.

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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