1,562 Shares in EMCOR Group, Inc. $EME Bought by GSA Capital Partners LLP

Key Points

• GSA Capital Partners LLP purchased 1,562 EMCOR Group shares worth approximately $1.3 million in the second quarter. Institutional investors now own 92.59% of the company.
• Analysts remain broadly bullish, with one Strong Buy, eight Buy, and one Hold rating; the consensus price target is $965.86.
• EMCOR reported quarterly EPS of $9.06, beating estimates of $7.23, while revenue rose 19.7% year over year to $5.15 billion. The company also declared a quarterly dividend of $0.40 per share.

GSA Capital Partners LLP bought a new position in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 1,562 shares of the construction company's stock, valued at approximately $1,296,000.

A number of other hedge funds also recently bought and sold shares of EME. Swiss RE Ltd. bought a new position in shares of EMCOR Group in the fourth quarter worth about $25,000. Ascentis Independent Advisors acquired a new position in shares of EMCOR Group during the 1st quarter worth about $27,000. Zions Bancorporation National Association UT bought a new stake in EMCOR Group during the 4th quarter valued at approximately $28,000. Activest Wealth Management boosted its stake in EMCOR Group by 800.0% during the 4th quarter. Activest Wealth Management now owns 54 shares of the construction company's stock valued at $33,000 after purchasing an additional 48 shares during the period. Finally, Basecamp Wealth Advisors LLC grew its holdings in 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 last quarter. 92.59% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on EME shares. UBS Group lifted their price target on EMCOR Group from $975.00 to $1,065.00 and gave the stock a "buy" rating in a research report on Friday, July 31st. Oppenheimer increased their price objective on 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. Stifel Nicolaus set a $918.00 price objective on shares of EMCOR Group in a research note on Thursday, April 30th. DA Davidson set a $1,047.00 target price on shares of EMCOR Group in a research report on Monday, August 10th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of EMCOR Group in a research note on Friday, July 17th. One 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 MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $965.86.

EMCOR Group Stock Up 3.2%

EME stock opened at $863.28 on Tuesday. EMCOR Group, Inc. has a twelve month low of $564.92 and a twelve month high of $951.96. The company has a market cap of $38.08 billion, a PE ratio of 26.85 and a beta of 1.14. The business's 50-day simple moving average is $798.23 and its 200 day simple moving average is $798.93.

EMCOR Group (NYSE:EME - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The construction company reported $9.06 EPS for the quarter, beating the consensus estimate of $7.23 by $1.83. EMCOR Group had a return on equity of 35.49% and a net margin of 7.74%.The firm 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 firm posted $6.72 EPS. The company's revenue for the quarter was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. On average, equities research analysts anticipate that EMCOR Group, Inc. will post 33.04 EPS for the current year.

EMCOR Group Dividend Announcement

The company 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. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Wednesday, July 15th. EMCOR Group's dividend payout ratio is presently 4.98%.

Insider Activity at EMCOR Group

In related news, Director Carol P. Lowe sold 950 shares of the firm's stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $844.50, for a total value of $802,275.00. Following the completion of the transaction, the director directly owned 17,278 shares of the company's stock, valued at $14,591,271. This trade represents a 5.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.73% of the company's stock.

EMCOR Group Company Profile

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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