B & T Capital Management DBA Alpha Capital Management Purchases Shares of 4,339 EMCOR Group, Inc. $EME

Key Points

• B & T Capital Management acquired 4,339 EMCOR Group shares worth approximately $3.6 million in the second quarter. Institutional investors collectively own 92.59% of the company.
• EMCOR reported strong quarterly results, with EPS of $9.06 beating estimates of $7.23 and revenue of $5.15 billion exceeding expectations; revenue rose 19.7% year over year.
• Analysts maintain a broadly positive outlook, with a consensus “Buy” rating and average price target of $965.86. EMCOR also pays a quarterly dividend of $0.40 per share, representing a 0.2% yield.

B & T Capital Management DBA Alpha Capital Management acquired a new position in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 4,339 shares of the construction company's stock, valued at approximately $3,601,000.

A number of other institutional investors also recently modified their holdings of the company. BlackRock Inc. acquired a new stake in shares of EMCOR Group in the 2nd quarter valued at $3,416,412,000. Pallas Capital Advisors LLC acquired a new position in EMCOR Group in the second quarter valued at approximately $3,790,000. Deutsche Bank AG bought a new position in EMCOR Group in the second quarter valued at approximately $342,273,000. Perigon Wealth Management LLC bought a new position in EMCOR Group in the second quarter valued at approximately $679,000. Finally, Commerzbank Aktiengesellschaft FI acquired a new stake in EMCOR Group during the 2nd quarter worth $280,000. Institutional investors own 92.59% of the company's stock.

Insiders Place Their Bets

In other news, Director Carol P. Lowe sold 950 shares of the firm's stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total transaction 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.73% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research analysts have recently weighed in on EME shares. Stifel Nicolaus set a $918.00 price target on EMCOR Group in a research note on Thursday, April 30th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of EMCOR Group in a research note on Friday, July 17th. Oppenheimer upped their price objective on EMCOR Group from $1,100.00 to $1,200.00 and gave the company an "outperform" rating in a report on Friday, July 31st. Cantor Fitzgerald cut their target price on EMCOR Group from $1,123.00 to $1,047.00 and set an "overweight" rating on the stock in a research note on Monday, August 10th. Finally, UBS Group raised their target price on EMCOR Group from $975.00 to $1,065.00 and gave the stock a "buy" rating in a report on Friday, July 31st. One research 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 stock. According to MarketBeat.com, EMCOR Group has a consensus rating of "Buy" and an average target price of $965.86.

EMCOR Group Stock Up 3.2%

Shares of NYSE:EME opened at $863.28 on Tuesday. EMCOR Group, Inc. has a 12 month low of $564.92 and a 12 month high of $951.96. The company's fifty day simple moving average is $798.23 and its 200 day simple moving average is $798.93. The firm has a market cap of $38.08 billion, a price-to-earnings ratio of 26.85 and a beta of 1.14.

EMCOR Group (NYSE:EME - Get Free Report) last released its earnings results on Thursday, July 30th. The construction company reported $9.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $7.23 by $1.83. The firm had revenue of $5.15 billion during the quarter, compared to analysts' expectations of $4.71 billion. EMCOR Group had a return on equity of 35.49% and a net margin of 7.74%.The company's revenue was up 19.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $6.72 EPS. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. Research analysts expect that EMCOR Group, Inc. will post 33.04 earnings per share for the current fiscal year.

EMCOR Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, July 15th. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. EMCOR Group's dividend payout ratio is 4.98%.

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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