Adams Diversified Equity Fund Inc. Purchases Shares of 28,000 EMCOR Group, Inc. $EME

Key Points

• Adams Diversified Equity Fund disclosed a new fourth-quarter stake in EMCOR Group, buying 28,000 shares valued at about $17.1 million, equal to roughly 0.06% of the company.
• EMCOR’s latest earnings beat expectations, with quarterly EPS of $6.84 versus $5.90 estimated and revenue of $4.63 billion, up 19.7% year over year.
• Insider selling and analyst optimism both stood out: directors sold shares in recent months, while analysts maintain a Moderate Buy consensus with an average price target of $836.88.

Adams Diversified Equity Fund Inc. purchased a new stake in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 28,000 shares of the construction company's stock, valued at approximately $17,130,000. Adams Diversified Equity Fund Inc. owned approximately 0.06% of EMCOR Group as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EME. Swiss RE Ltd. bought a new stake in shares of EMCOR Group during the 4th quarter worth $25,000. Main Street Group LTD boosted its stake in shares of EMCOR Group by 110.0% during the 3rd quarter. Main Street Group LTD now owns 42 shares of the construction company's stock worth $27,000 after acquiring an additional 22 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of EMCOR Group during the 4th quarter worth $26,000. Zions Bancorporation National Association UT bought a new stake in shares of EMCOR Group during the 4th quarter worth $28,000. Finally, Activest Wealth Management boosted its stake in shares of EMCOR Group by 800.0% during the 4th quarter. Activest Wealth Management now owns 54 shares of the construction company's stock worth $33,000 after acquiring an additional 48 shares in the last quarter. 92.59% of the stock is owned by institutional investors.

Insider Transactions at EMCOR Group

In related news, Director William P. Reid sold 2,000 shares of EMCOR Group stock in a transaction on Monday, May 11th. The stock was sold at an average price of $925.78, for a total transaction of $1,851,560.00. Following the completion of the sale, the director 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Steven Schwarzwaelder sold 5,602 shares of EMCOR Group stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $895.19, for a total value of $5,014,854.38. Following the sale, the director directly owned 15,875 shares of the company's stock, valued at approximately $14,211,141.25. The trade was a 26.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 9,077 shares of company stock worth $8,155,191 in the last ninety days. Company insiders own 0.83% of the company's stock.

EMCOR Group Stock Up 1.3%

Shares of EMCOR Group stock opened at $822.27 on Friday. The stock has a market cap of $36.54 billion, a PE ratio of 27.58 and a beta of 1.12. The business has a fifty day simple moving average of $845.67 and a 200-day simple moving average of $747.35. EMCOR Group, Inc. has a 12 month low of $470.02 and a 12 month 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 EPS for the quarter, topping the consensus estimate of $5.90 by $0.94. The business had revenue of $4.63 billion during the quarter, compared to analysts' expectations of $4.20 billion. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.EMCOR Group's revenue was up 19.7% compared to the same quarter last year. During the same quarter last year, the firm posted $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. Analysts expect that EMCOR Group, Inc. will post 29.22 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on EME shares. Cantor Fitzgerald started coverage on EMCOR Group in a research note on Tuesday, March 10th. They set an "overweight" rating and a $848.00 price objective for the company. UBS Group raised their price objective on EMCOR Group from $900.00 to $945.00 and gave the stock a "buy" rating in a research note on Friday, March 6th. Robert W. Baird raised their price objective on EMCOR Group from $713.00 to $808.00 and gave the stock an "outperform" rating in a research note on Friday, February 27th. Weiss Ratings reissued a "buy (b)" rating on shares of EMCOR Group in a research note on Monday, April 20th. Finally, Oppenheimer initiated coverage on EMCOR Group in a research report on Thursday, May 28th. They issued an "outperform" rating and a $1,100.00 target price for the company. Ten research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $836.88.

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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